LBMA definition

LBMA means the London Bullion Market Association.

LBMA means The London Bullion Market Association and any successor thereto.

LBMA means the London Bullion Market Association, which is also a Third Party Licensor for the purposes of this Agreement.

Examples of LBMA in a sentence

• If a Payee elects to receive any Default Interest in the form of Gold Ounces, the Payor shall deliver Gold Ounces to the applicable Metals Account equal to the result of (i) the Default Interest divided by (ii) the applicable LBMA Gold Fixing Price on the Payment Date the Payor’s corresponding payment obligation originally arose.

• If the LBMA ceases to exist or ceases to publish or recognise specifications for the good delivery of gold or such specifications should no longer be internationally recognized as the basis for good delivery of gold, upon the request of either of them, the Payor and the Payees shall promptly meet and engage in discussions with a view to agreeing on a new basis for determining good delivery of Refined Gold under this Agreement.

More Definitions of LBMA

LBMA means The London Bullion Market Association or its successor;

LBMA means the London Bullion Market Association (www.lbma.org.uk);

LBMA means The London Bullion Market Association and any replacement or successor thereto.

LBMA means The London Bullion Market Association and any successor thereto. “LPPM” means The London Platinum and Palladium Market and any successor thereto.

LBMA means the London Bullion Market Association which is the London-based trade association that represents the wholesale gold and silver bullion market in London and maintains a list of accredited melters and assayers whose gold and silver bars are accepted by members of the London bullion market in settlement against transactions between each other and other acceptable counterparts, which is referred to as the LBMA Good Delivery List;

LBMA means the London Bullion Market Association, including its successors and assignees, and any accepted market replacement if the LBMA ceases to exist.

LBMA means The London Bullion Market Association, being a trade association, the purpose of which is to promote the professional trading in London of both gold and silver, and any replacement or successor thereto.