Examples of Good Delivery in a sentence
Locks must be extended by thecorrespondent if they will expire prior to Good Delivery.
Locks that expire prior to Good Delivery will be subject to a .375 lock reinstatement fee (this is the cost of returning the loan to our hedge) plus worst case pricing comparing the day of the request and theoriginal lock.
If all pre-purchase conditions are not cleared within the seven (7) calendar-day period, roll fees will accrue at .025 per day (.175 per week) and will be added to anyextension fees from the period prior to Good Delivery (if applicable).
Pre-purchase roll fees and any extension fees from the period prior to Good Delivery will be withheld from the purchase advice.Post-purchase conditions will adhere to the same policies.
In the case of gold, we also utilize information made available in connection with the LBMA’s Good Delivery List and the RJC’s Chain-of-Custody Certification.