Gold Lease definition

Gold Lease service refers to the service by which Party A leases physical gold to Party B and Party B shall return to Party A equivalent quantity of gold of same nature and attribute upon expiration of the lease term and shall pay rents in Chinese Renminbi (RMB) to Party A on schedule.
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Gold Lease business means the business that, Party A leases physical gold to Party B, and after the expiration of the lease term, Party B will return the gold of the same amount, the same quality and the same property to Party A, and pay the rent to Party A in RMB on a regular basis.
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Examples of Gold Lease in a sentence

  • Party A shall fax the Gold Lease Agreement to the settlement storage and transportation department of Shanghai Gold Exchange.

  • When returning the physical gold in advance, Party B shall submit the written form Gold Lease Application for the advanced returning (seeing Attachment 1)( 7 )workdays to Party A in advance.

  • Party A and Party B signed the Gold Lease Framwork Agreement (hereinafter as Framework Agreement) on the date of __Jan.__/ _1__ day _2013_, document No. GR2013001_.

  • Meanwhile, in order to abide by the credit and to define both Parties’ rights and duties, the Gold Lease Trading Agreement is hereby friendly negotiated and signed.

  • Assignor and Vendor are parties to the Option to Purchase and Royalty Agreement dated July 15, 2008, as amended and supplemented by Amendment No. 1 dated October 14, 2011 (the “Option Agreement”), for Assignor’s option to acquire an undivided 100% of the right, title and interest of Vendor in and to the Montana State Metallferrous Gold Lease M-1974-06 (subject to 5% NSR due to the State of Montana) (hereinafter called the “Lease”).

  • Article 9 If Party B intends to lease gold or extend the previous lease from Party A, Party B should provide Party A the Application for Gold Lease five business days before the lease or extension and inquiry Party A about the interest; after receiving the written application from Party B, Party A should make a reply within two business days.

  • The Application for Gold Lease (including the receipt) and the Confirmation for Gold Lease signed by Party A and Party B for each deal of the gold lease are inseparable part of this agreement and equally valid with this agreement.

  • The Part I Basic Agreements and Part II Specific Conditions of this Contract form this complete Gold Lease Contract together.

  • Party A and Party B signed the Gold Lease Framework Agreement (hereinafter as Framework Agreement) on the date of __July__/ _9__ day _2014_, document No. GR2014027001_.

  • Actual returning day of the principal of the gold lease is subject to the record of the Returning Certificate of Material Gold Lease, the certificate is the component of this Contract with the same legal effect with this Contract.