Loco London Gold definition

Loco London Gold means Loco London Gold as specified by the London Bullion Market Association, which represents the basis for international trading and settlement in gold of London bullion market (with a fineness of not less than 99.5%) and the price of which is quoted by the market dealers base on United States dollars per troy ounce;
Sample 1Sample 2Sample 3
Loco London Gold means the gold bar(s) physically held in London and acceptable for delivery in the London bullion market, unless otherwise agreed by SHKB in writing;
Sample 1Sample 2
Loco London Gold means Loco London Gold as specified by the London Bullion Market Association, which is denominated in USD per fine ounce and is cleared through the London bullion market clearing system.
Sample 1

Examples of Loco London Gold in a sentence

  • In respect of transactions relating to Loco London Gold, Loco London Silver, Loco London Platinum, London Gold and London Silver, the Client shall pay to SHKB such applicable commissions and/or other applicable amounts as notified to Client by SHKB in writing from time to time.

  • One unit of Gold Manager is referenced to one ounce of Loco London Gold.

  • LME Clear can also accept for physical delivery Loco London Gold or Loco London Silver, between unallocated bullion accounts maintained by LME Clear and each Member with bullion Custodians (being Members of London Precious Metal Clearing Ltd.) and deliveries must be made between unallocated bullion accounts maintained by LME Clear and each Member via there bullion Custodians (where the Custodians are Members of London Precious Metal Clearing Ltd.).

  • In fact, as we will discuss, we do not expect any of these inequalities to be exactly saturated, except in trivial cases.

  • The provisions of the above Clause 7.6 shall have equal application to trading in Loco London Gold, Loco London Silver, Loco London Platinum, London Gold and London Silver.

  • Loco London Gold represents the basis for international trading and settlement in gold of the London bullion market.

  • What is the Reference Asset of Gold Manager?The Reference Asset of Gold Manager is Loco London Gold as specified by the London Bullion Market Association.

  • Buying price and selling price per unit of Gold Manager in US Dollar (“USD”) are calculated with reference to the prices of the reference asset, which is the Loco London Gold as specified by the London Bullion Market Association (“Reference Asset”) (of which the Bank’s profit margins have already been incorporated).

  • LME Clear executes physical delivery through either:  the electronic transfer of title in LMEsword of centralised, but not dematerialised, LME Warrants; or  the issue of a SWIFT instruction to either receive or deliver unallocated Loco London Gold or Silver.

  • Gold Account 6.1. I understand that gold investments will be in Loco London Gold.

Related to Loco London Gold

  • London Inter-Bank Offered Rate means, for any applicable interest period, the rate per annum equal to the British Bankers Association LIBOR Rate (“BBA LIBOR”), as published by Reuters (or other commercially available source providing quotations of BBA LIBOR as selected by the Bank from time to time) at approximately 11:00 a.m. London time two (2) London Banking Days before the commencement of the interest period, for U.S. Dollar deposits (for delivery on the first day of such interest period) with a term equivalent to such interest period. If such rate is not available at such time for any reason, then the rate for that interest period will be determined by such alternate method as reasonably selected by the Bank. A “London Banking Day” is a day on which banks in London are open for business and dealing in offshore dollars.

  • London Banking Day means any day on which dealings in Dollar deposits are conducted by and between banks in the London interbank eurodollar market.

  • London Interbank Offered Rate has the meaning set forth in Section 2.07(b).

  • Adjusted London Interbank Offered Rate applicable to any Interest Period means a rate per annum equal to the quotient obtained (rounded upward, if necessary, to the next higher 1/100 of 1%) by dividing (i) the applicable London Interbank Offered Rate by (ii) 1.00 minus the Euro-Dollar Reserve Percentage.

  • Eurozone means the countries and territories listed in the Annex of Council Regulation (EC) No. 974/98 of 3 May 1998 on the introduction of the Euro, in its current version.

  • Relevant Banking Day means a day on which commercial banks are open for business (including dealings in foreign exchange and foreign currency deposits) in the place where the specified office of the Registrar is located and, in the case only of an exchange of a Bearer Note for a Registered Note where such request for exchange is made to the Principal Paying Agent, in the place where the specified office of the Principal Paying Agent is located;

  • EUMA means the “SAP Delivered Support Agreement” which sets out the terms and conditions under which SAP provides support to End Users and which will be provided by SAP on a deal by deal basis.

  • London Business Day means any Business Day on which dealings in deposits in United States Dollars are transacted in the London interbank market.

  • the London Stock Exchange means London Stock Exchange plc;

  • Banking Day Financial Centre means the Banking Day Financial Centre as specified in § 1 of the Product and Underlying Data.

  • Renminbi Dealer means an independent foreign exchange dealer of international repute active in the Renminbi exchange market in Hong Kong reasonably selected by the Issuer.

  • the London Emergencies Trust means the company of that name (number 09928465) incorporated on 23rd December 2015 and the registered charity of that name (number 1172307) established on 28th March 2017;

  • Western Australia the following definitions‑

  • Asian means a person having origins in any of

  • Municipal Finance Management Act means the Local Government: Municipal Finance Management Act, 2003 (Act No. 56 of 2003);

  • Interbank Offered Rate means, for any Eurodollar Loan for any Interest Period therefor, the rate per annum (rounded upwards, if necessary, to the nearest 1/100 of 1%) appearing on Reuters Screen LIBO Page as the London interbank offered rate for deposits in Dollars at approximately 11:00 a.m. (London time) two Business Days prior to the first day of such Interest Period for a term comparable to such Interest Period; provided, however, if more than one rate is specified on Reuters Screen LIBO Page, the applicable rate shall be the arithmetic mean of all such rates (rounded upwards, if necessary, to the nearest 1/100 of 1%).

  • CBD means cannabidiol.

  • London Stock Exchange means London Stock Exchange plc;

  • LCME means Liaison Committee on Medical Education, an organization that accredits educational institutions granting degrees in medicine and surgery. The board approves programs that are accredited by LCME.

  • RFR Banking Day means any day specified as such in the Reference Rate Terms.

  • London Living Wage means the basic hourly wage of £9.75 (before tax, other deductions and any increase for overtime) as may be updated from time to time by the Resolution Foundation, overseen by the Living Wage Commission, or any successor body carrying out the relevant calculation; Material Adverse Effect means the effect of any event or circumstance which is reasonably likely to be materially adverse to the ability of the Grant Recipient to deliver the Approved Bid or a Named Project (as the context requires) on the basis agreed under this Agreement and/or within the time limits (if any) for doing so; Milestone means the Start on Site and/or the Practical Completion stages of a Named Project as agreed by the parties and set out in OPS; Milestone Date means the date agreed by the GLA through OPS by which the relevant Milestone must have been achieved (as the same may be extended by the GLA pursuant to Condition 7.1);

  • London Agent means X.X. Xxxxxx Europe Limited.

  • Telerate British Bankers Assoc. Interest Settlement Rates Page means the display designated as Page 3750 on the Telerate System Incorporated Service (or such other page as may replace such page on such service for the purpose of displaying the rates at which dollar deposits are offered by leading banks in the London interbank deposit market).

  • BANK'S LONDON BRANCH means the London branch office of Bank.

  • Relevant Financial Centre Day means a day on which commercial banks and foreign exchange markets settle payments and are open for general business (including dealings in foreign exchange and foreign currency deposits) in the principal financial centre or centres for the currency in which payment falls to be made (or, in the case of payments which fall to be made in euro, a Euro Business Day or, where such currency is a National Currency Unit (as defined in Condition 9) and the Notes have been redenominated into euro pursuant to Condition 9, the former principal financial centre or centres) and in any other place set out in the Final Terms;

  • Relevant Financial Centre means, with respect to any Floating Rate to be determined in accordance with a Screen Rate Determination on an Interest Determination Date, the financial centre as may be specified as such in the relevant Final Terms or, if none is so specified, the financial centre with which the relevant Benchmark is most closely connected (which, in the case of EURIBOR or EONIA, shall be the Euro-zone and in the case of LIBOR, shall be London) or, if none is so connected, Paris.