Gold Sale Method definition

Gold Sale Method means the method used by the Company to discharge the
Gold Sale Method means the method used by DGS LLP to discharge Redemption
Gold Sale Method. ” means the method used by the Company to discharge its Delivery Obligations as set out in the Constitution;

Examples of Gold Sale Method in a sentence

  • For this purpose the “value” of the Per Security Entitlement to Gold shall be determined as an amount equal to the gross proceeds of sale actually realised by the Company from selling gold equal to the Per Security Entitlement to Gold on the Redemption Date in accordance with the terms of the Gold Sale Method.

  • A Gold Bullion Security is a secured undated zero coupon note with a face value of US$0.00001 issued by the Company, which on redemption entitles a Security Holder to payment in gold of an amount equal to the Per Security Entitlement to Gold on the applicable Redemption Date, provided that if such Gold Bullion Security is to be redeemed using the Gold Sale Method, the Company shall redeem such Gold Bullion Security by payment in cash of an amount equal to the value of the Per Security Entitlement to Gold.

  • B.1 Redemption(a) Each Gold Bullion Security shall carry a right on redemption to payment in gold of an amount equal to the Per Security Entitlement to Gold on the applicable Redemption Date, provided that if such Gold Bullion Security is to be redeemed using the Gold Sale Method, the Company shall redeem such Gold Bullion Security by payment in cash of an amount equal to the value of the Per Security Entitlement to Gold.

  • If the Gold Bullion Securities are treated as “deeply discounted securities” for UK tax purposes, and do not qualify as “excluded indexed securities” for those purposes, any profit arising to a Security Holder who is a UK individual on transfer or redemption of a Gold Bullion Security (whether such redemption is by way of the Gold Sale Method or by way of the Gold Delivery Method) will be subject to income tax and not to capital gains tax.

  • For this purpose the “value” of the Per Security Entitlement to Gold shall be determined as an amount equal to the gross proceeds of sale actually realised by the Company from selling gold equal to the Per Security Entitlement to Gold on the Redemption Date to the Gold Sale Counterparty in accordance with the terms of the Gold Sale Method.

Related to Gold Sale Method

  • Net Metering Net metering refers to customers who sell electricity they produce, typically through a rooftop solar panel, back to the utility for credit. If you are a net metering customer, you should not enroll with XOOM because your net metering agreement will not transfer to XOOM once you enroll.

  • Non-Retail Behind The Meter Generation means Behind the Meter Generation that is used by municipal electric systems, electric cooperatives, or electric distribution companies to serve load.

  • Scrap metal dealer means a person or governmental unit that buys scrap metal and is not a first purchaser. The term includes, but is not limited to, a person, whether or not licensed under state law or local ordinance, that operates a business as a scrap metal recycler, scrap processor, secondhand and junk dealer, or other person that purchases any amount of scrap metal on a regular, sporadic, or 1-time basis.

  • Drug outlet means a pharmacy, nursing home, shelter home, convalescent home, extended care facility, drug abuse treatment center, penal institution, hospital, family planning clinic, student health center, retail store, wholesaler, manufacturer, mail-order vendor or other establishment with facilities located within or out of this state that is engaged in dispensing, delivery or distribution of drugs within this state.

  • Xxxxxxx Group means (a) any member of the Xxxxxxx Family and (b) any Related Person of any such member.

  • Plain Old Telephone Service (POTS) means telephone service for the transmission of human speech.

  • Xxxxxx Group shall have the meaning set forth in Section 9.2(b) hereof.

  • Ohio Business Gateway means the online computer network system, created under section 125.30 of the Ohio Revised Code, that allows persons to electronically file business reply forms with state agencies and includes any successor electronic filing and payment system.

  • Transportation network company driver or “driver” means an

  • School setting means in the school, on school grounds, in school vehicles, at a designated bus stop or at any activity sponsored, supervised or sanctioned by the school.

  • iron ore concentrates means products (whether in pellet or other form) resulting from secondary processing but does not include metallised agglomerates;

  • Ultra Low Sulfur Diesel Fuel means diesel fuel that has a sulfur content of no more than fifteen parts per million.

  • Central Automatic Message Accounting (CAMA) Trunk means a trunk that uses Multi-Frequency (MF) signaling to transmit calls from CLEC’s switch to an AT&T-21STATE E911 Selective Router.

  • Generating Market Buyer means an Internal Market Buyer that is a Load Serving Entity that owns or has contractual rights to the output of generation resources capable of serving the Market Buyer’s load in the PJM Region, or of selling energy or related services in the PJM Interchange Energy Market or elsewhere.

  • Monte Titoli means Monte Titoli S.p.A.

  • Between merchants means in any transaction with respect to which both parties are chargeable with the knowledge or skill of merchants.

  • Spot network means a type of electric distribution system that uses two or more inter-tied transformers to supply an electrical network circuit. A spot network is generally used to supply power to a single customer or a small group of customers. Spot network has the same meaning as the term "spot network" defined in Section 4.1.4 of IEEE Standard 1547.

  • Net metering period means the 12-month period following the date of final interconnection of the

  • Automated Message Accounting (AMA) means the structure that is inherent in switch technology that initially records Telecommunication message information. AMA format is contained in the Automated Message Accounting document published by iconectiv (formerly known as Telcordia) as GR-1100-CORE, which defines and amends the industry standard for message recording.

  • Automated Message Accounting (AMA) is a structure inherent in switch technology that initially records Telecommunication message information. AMA format is contained in the Automated Message Accounting document published by Telcordia (formerly known as Bellcore) as GR-1100-CORE, which defines and amends the industry standard for message recording.

  • Behind The Meter Generation shall refer to a generation unit that delivers energy to load without using the Transmission System or any distribution facilities (unless the entity that owns or leases the distribution facilities has consented to such use of the distribution facilities and such consent has been demonstrated to the satisfaction of the Office of the Interconnection); provided, however, that Behind The Meter Generation does not include (i) at any time, any portion of such generating unit’s capacity that is designated as a Generation Capacity Resource; or (ii) in an hour, any portion of the output of such generating unit that is sold to another entity for consumption at another electrical location or into the PJM Interchange Energy Market.

  • SHC means Sears Holdings Corporation.

  • CSDCC means the China Securities Depository and Clearing Co., Ltd. “CSRC” means the China Securities Regulatory Commission.

  • Lead free means that a dwelling, dwelling unit, or premises either contains no

  • Ethanol blended gasoline means the same as defined in section 214A.1.

  • BD means Business Day and “DD” means Dealing Day. Any application received after the cut off time on a Dealing Day will be treated as an application for the next Dealing Day.