LBMA Good Delivery definition

LBMA Good Delivery means gold and silver in accordance with the requirements set forth in the “Good Delivery Rules for Gold and Silver Bars – Specifications for Good Delivery Bars and Application Procedures for Listing”, January 2019, of the LBMA, as the same may be amended or otherwise modified from time to time.
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Examples of LBMA Good Delivery in a sentence

  • The ‘gold’ which complies either with LBMA Good Delivery Standard or with the India Good Delivery Standard, or any other standard specified by SEBI, will be eligible under this framework.

  • This Guidance formalises and consolidates existing high standards of due diligence amongst all LBMA Good Delivery Refiners.

  • This Guidance follows the five steps framework for risk-based due diligence of the OECD Guidance adopted on 15 December 2010 and follows the requirements detailed in the OECD Gold Supplement adopted on 17 July 2012.All Refiners producing LBMA good delivery gold bars (“Refiners”) must comply with this LBMA Responsible Gold Guidance in order to remain on the LBMA Good Delivery List.

  • Since January 2012, the LBMA requires that all LBMA Good Delivery Gold Refiners comply with the LBMA Responsible Gold Guidance (RGG), which aims to ensure that the London Market is free from metal that has financed conflict or been used for money laundering or terrorist financing.

  • The ETF would invest in physical silver of standard 30 kg bars with fineness of 999 parts per thousand (or 99.9% purity) confirming to London Bullion Market Association (LBMA) Good Delivery Standards.

  • All LBMA Good Delivery refiners selling gold into the London Market must comply with the LBMA Responsible Sourcing programme, which requires robust due diligence and third party audit in gold sourcing.

  • We have therefore elected not to present the Smelters’ names in this report, with the exception of the Smelters that are certified Conflict-Free using the RMAP Conformant Smelters & Refiners list, the LBMA Good Delivery List, and the RJC Chain-of-Custody Certification Program.

  • Deliveries of Silver pursuant to the Silver Daily Futures Contract shall be made through LPMCL Vaults by the transfer of ownership of the right to receive the relevant amount of Silver satisfying the LBMA Good Delivery Rules.

  • Deliveries of gold pursuant to the Gold Daily Futures Contract shall be made through LPMCL Vaults by the transfer of ownership of the right to receive the relevant amount of gold satisfying the LBMA Good Delivery Rules.

  • Such areas are often characterized by widespread human rights abuses and violation of national or international law.”traders) must comply with many relevant laws, and may also have obligations to follow practices described in industry standards and certification programs.For example, international refiners which have achieved an important industry certification such as inclusion on the LBMA Good Delivery List will protect that status by ensuring robust risk assessment and mitigation plans.

Related to LBMA Good Delivery

  • Controlled delivery means the technique of allowing illicit or suspect consignments to pass out of, through or into the territory of one or more States, with the knowledge and under the supervision of their competent authorities, with a view to the investigation of an offence and the identification of persons involved in the commission of the offence.

  • Delivery Notice Has the meaning specified in the NPA.

  • Delivery sale means any sale of a vapor product to a

  • Delay Delivery Certification As defined in Section 2.02(a) hereof.

  • Delivery Location means the Supplier's premises or other location where the Services are to be supplied, as set out in the Order;

  • Calling Name Delivery Service (CNDS) means a service that enables a terminating End User to identify the calling Party by a displayed name before a call is answered. The calling Party’s name is retrieved from a calling name database and delivered to the End User’s premise between the first and second ring for display on compatible End User premises equipment.

  • Delivery Day means a day other than a Saturday, a Sunday or any other day on which national banking associations are authorized to be closed. Any party may change its address for purposes of the receipt of notices and demands by giving notice of the change in the manner provided in this provision.

  • Delayed Delivery Fee shall have the meaning specified in paragraph 2B(8)(iii).

  • Scheduled Delivery Date means the Date on which the Seller is required to start delivering the power at the Delivery Point as per the terms and conditions of the PPA;

  • Delivery ex stock means immediate delivery directly from stock actually on hand.

  • Initial Delivery Date has the meaning set forth in Section 1.1(d).

  • Exercise Notice has the meaning set forth in Section 3.2(1);

  • Expedited Deliverability Study means a deliverability study that an eligible Developer may elect to pursue as that term is defined in OATT Section 25 (OATT Attachment S) that may determine the extent to which an existing or proposed facility satisfies the NYISO Deliverability Interconnection Standard at its requested CRIS level without the need for System Deliverability Upgrades. The schedule and scope of the study is defined in Sections 25.5.9.2.1 and 25.7.1.2 of this Attachment S.

  • Final Delivery Date means the date the Supplier is entitled to deliver the Products form the Purchaser even if the Products have not been called off as agreed in any Sales Agreement.

  • Notice of Guaranteed Delivery means the notice of guaranteed delivery in the form printed on green paper accompanying the Offer to Purchase and Circular;

  • First Delivery Date means the first date by which the commodity for a Futures Contract can be delivered in order for the terms of the Futures Contract to be fulfilled.

  • The Purchase Order means the order placed by the Purchaser on the Supplier signed by the Purchaser including all attachments and appendices thereto and all documents incorporated by reference therein. The purchase order shall be deemed as "Contract" appearing in the document.

  • Delivery Services means those services provided by the

  • Delay Delivery Mortgage Loans The Mortgage Loans for which all or a portion of a related Mortgage File is not delivered to the Trustee or to the Custodian on its behalf on the Closing Date. The number of Delay Delivery Mortgage Loans shall not exceed 25% of the aggregate number of Mortgage Loans as of the Closing Date.

  • Delivery service means the providing of electric transmission or distribution to a retail customer.

  • Final delivery certificate means the document issued by the COE confirming that all the known defects have been rectified and that the works, goods or services appear in good order and have been accepted;

  • Deemed Delivered Energy means [For As-Available Products use the following language] the amount of Energy expressed in MWh that the Project would have produced and delivered to the Delivery Point, but that is not produced by the Project and delivered to the Delivery Point during a Buyer Curtailment Period, which amount shall be equal to (a) the EIRP Forecast, expressed in MWh, applicable to the Buyer Curtailment Period, whether or not Seller is participating in EIRP during the Buyer Curtailment Period, less the amount of Delivered Energy delivered to the Delivery Point during the Buyer Curtailment Period or, (b) if there is no EIRP Forecast available, the result of the equation provided pursuant to Section 3.1(l)(i)(G) and using relevant Project availability, weather and other pertinent data for the period of time during the Buyer Curtailment Period less the amount of Delivered Energy delivered to the Delivery Point during the Buyer Curtailment Period; provided that, if the applicable difference calculated pursuant to (a) or (b) above is negative as compared to the amount of metered Energy at the CAISO revenue meter for the Project, the Deemed Delivered Energy shall be zero (0). [For Baseload Products use the following language] the amount of Energy expressed in MWh that the Project would have produced and delivered to the Delivery Point, but that is not produced by the Project and delivered to the Delivery Point during a Buyer Curtailment Period, which amount shall be determined by reference to the most recent Day-Ahead Availability Notice Buyer has received from Seller at the time Buyer issues a Buyer Curtailment Order.

  • IITK Purchase Order means the IITK’s official Purchase Order document;

  • Option Exercise Notice has the meaning set forth in Section 2.4(c).

  • Share Delivery Quantity For any Settlement Date, a number of Shares, as calculated by the Calculation Agent, equal to the Net Share Settlement Amount for such Settlement Date divided by the Settlement Price on the Valuation Date for such Settlement Date.

  • Notice Delivery Period means the period from and including the Trade Date to and including the fifth Business Day following the date that is fourteen (14) calendar days after the Extension Date.