Examples of Gold Redemption Notice in a sentence
A Unitholder redeeming Units for Gold Bullion will be responsible for the expenses in connection with effecting the redemption and applicable delivery expenses, including the handling of the Gold Redemption Notice, the delivery of the Gold Bullion for the Units that are being redeemed and the applicable Gold Bullion storage in-and-out fees charged by the Gold Custodian.
Any Gold Redemption Notice received after such time will be processed on the next Monthly Redemption Date.
If you have selected such option, you must append this Facilitated Sale Direction to your Physical Gold Redemption Notice and submit the two documents to the broker (the "Broker") that you have identified below and in the Physical Gold Redemption Notice.
Once a Gold Redemption Notice is received by the Registrar and Transfer Agent, the Registrar and Transfer Agent, together with the Manager, shall determine whether such Gold Redemption Notice complies with the applicable requirements, is for an amount of Gold Bullion that is equal to at least one London Good Delivery bar in the Trust’s inventory at the Gold Custodian plus applicable expenses, and contains delivery instructions that are acceptable to the armoured service transportation carrier.
If the Registrar and Transfer Agent and the Manager determine that the Gold Redemption Notice does not comply with the applicable requirements, the Registrar and Transfer Agent will provide a notice to such Unitholder’s Broker explaining the deficiency.
Once such determination has been made, the Registrar and Transfer Agent will inform the Broker through which the Unitholder has delivered its Gold Redemption Notice of the amount of Gold Bullion and cash that the redeeming Unitholder will receive upon the redemption of the Unitholder ’s Units.
If the Registrar and Transfer Agent and the Manager determine that the Gold Redemption Notice complies with all applicable requirements, the Registrar and Transfer Agent will provide a notice to such redeeming Unitholder’s Broker confirming that the Gold Redemption Notice was received and determined to be complete.
This Facilitated Sale Direction, together with the corresponding Physical Gold Redemption Notice, must be submitted to your Broker at such time as is required by your Broker so that your Broker may provide the documents to Computershare Investor Services Inc.
Comments submitted to Panel 17 to delete boat hoists and dishwashers from 422.5 were rejected by Panel 17.
Any Facilitated Sale Direction, together with the corresponding Physical Gold Redemption Notice to which it is appended, received after such time will be processed on the following Redemption Date.