London Good Delivery Bar definition

London Good Delivery Bar means a Bar of gold or silver complying with “The Good Delivery Rules for Gold and Silver Bars” published by the LBMA or a Bar of Platinum or Palladium complying with the “The Good Delivery Rules for Platinum and Palladium Plates and Ingots” published by the LPPM. A London Good Delivery Bar of gold (typically called a 400 ounce bar) must contain between 350 and 430 fine troy ounces of gold (1 troy ounce = 31.1034768 grams), with a minimum fineness (or purity) of 995 parts per 1000 (99.5%), be of good appearance and be easy to handle and stack. A London Good Delivery Bar of silver must contain between 750 ounces and 1100 ounces of silver with a minimum fineness (or purity) of 999.0 parts per 1000. London Good Delivery platinum or palladium Bars must have a minimum fineness of 999.5 and a weight of between 1 kilogram (32.151 troy ounces) and 6 kilograms (192.904 troy ounces).
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London Good Delivery Bar means a bar that contains between 750 and 1,100 xxxx ounces of silver with a minimum fineness of 999.0 parts per thousand silver or no less than the required minimum fineness related thereto as determined by the London Bullion Market Association from time to time;
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London Good Delivery Bar means a gold or silver bar containing between 750 ounces and 1,100 ounces of silver, with a minimum fineness (or purity) of 999 parts per 1,000;
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Examples of London Good Delivery Bar in a sentence

  • Typically referred to as 400-ounce bars, a London Good Delivery Bar must contain between 350 and 430 fine troy ounces of gold, with a minimum fineness (or purity) of 995 parts per 1,000 (99.5%), be of good appearance and be easy to handle and stack.

  • A London Good Delivery Bar is acceptable for delivery in settlement of a transaction on the OTC market.

  • Unless otherwise specified in the Final Terms, the Minimum Physical Redemption Amount will be such number of ETC Securities of the relevant Series as would, as of the relevant Early Redemption Trade Date or Final Redemption Valuation Date, have an aggregate Metal Entitlement equal to no less than the nominal weight represented by one London Good Delivery Bar of Gold (being at the date of this Base Prospectus 400 fine troy ounces) and must be an integral multiple of such number.

  • A London Good Delivery Bar is acceptable for delivery in settlement of a transaction on the OTC market.Typically referred to as 400-ounce bars, a London Good Delivery Bar must contain between 350 and 430 fine troy ounces of gold, with a minimum fineness (or purity) of 995 parts per 1,000 (99.5%), be of good appearance and be easy to handle and stack.

  • A London Good Delivery Bar must also bear the stamp of one of the melters and assayers who are on the LBMA approved list.

  • Typically referred to as 400-ounce bars, a London Good Delivery Bar must contain between 350 and 430 fine troy ounces of gold, be of good appearance and be easy to handle and stack.

  • Additional specifications for a London Good Delivery Bar are described in “The Good Delivery Rules for Gold and Silver Bars” published by the LBMA.

  • Unless otherwise specified in the Final Terms, the Minimum Physical Redemption Amount will be such number of ETC Securities of the relevant Series as would, as of the relevantEarly Redemption Trade Date or Final Redemption Valuation Date, have an aggregate Metal Entitlement equal to no less than the nominal weight represented by one London Good Delivery Bar of Gold (being at the date of this Base Prospectus 400 fine troy ounces) and must be an integral multiple of such number.

  • All gold transferred in and out of, and held by, the Trust must comply with the rules, regulations, practices and customs of the LBMA, including “The Good Delivery Rules for Gold and Silver Bars.” The specifications of a London Good Delivery Bar are discussed below.

  • Also, any residual amount of gold that is too small to make up a whole London Good Delivery Bar will be held in the Unallocated Account.


More Definitions of London Good Delivery Bar

London Good Delivery Bar means a gold bar meeting the London Good Delivery Standards.
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Related to London Good Delivery Bar

  • Delivery Notice Has the meaning specified in the NPA.

  • 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.

  • 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;

  • 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.

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

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

  • 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.

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

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

  • 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.

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

  • Price Source Disruption means (a) the failure of the Price Source to announce or publish the Reference Price (or the information necessary for determining the Reference Price); or (b) the temporary or permanent discontinuance or unavailability of the Price Source.

  • Warrant Share Delivery Date shall have the meaning set forth in Section 2(d)(i).

  • 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.

  • FX Market Disruption Event means each of the following events:

  • Electronic delivery device means any product containing or delivering nicotine, lobelia, or any other substance, whether natural or synthetic, intended for human consumption that can be used by a person to simulate smoking in the delivery of nicotine or any other substance through inhalation of aerosol or vapor from the product. Electronic delivery devices includes but is not limited to devices manufactured, marketed, or sold as electronic cigarettes, electronic cigars, electronic pipe, vape pens, modes, tank systems, or under any other product name or descriptor. Electronic delivery device includes any component part of a product, whether or not marketed or sold separately. Electronic delivery device excludes drugs, devices, or combination products, as those terms are defined in the Federal Food, Drug, and Cosmetic Act, that are authorized for sale by the United States Food and Drug Administration.

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

  • 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.

  • Share Delivery Date shall have the meaning set forth in Section 4(c)(ii).

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

  • Delivery Instructions means the instructions set out in the Contract for the provision of the Goods and Services, including any other information the Authority considers appropriate to the provision of the Goods and Services.

  • 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 Time means the time for Delivery stated in the Purchase Order.

  • VWAP Market Disruption Event means, with respect to any date, (A) the failure by the principal U.S. national or regional securities exchange on which the Common Stock is then listed, or, if the Common Stock is not then listed on a U.S. national or regional securities exchange, the principal other market on which the Common Stock is then traded, to open for trading during its regular trading session on such date; or (B) the occurrence or existence, for more than one half hour period in the aggregate, of any suspension or limitation imposed on trading (by reason of movements in price exceeding limits permitted by the relevant exchange or otherwise) in the Common Stock or in any options contracts or futures contracts relating to the Common Stock, and such suspension or limitation occurs or exists at any time before 1:00 p.m., New York City time, on such date.

  • Delivery vessel means tank trucks or trailers equipped with a storage tank and used for the transport of gasoline from sources of supply to stationary tanks of gasoline dispensing facilities.

  • LIBOR Market Index Rate means, for any day, LIBOR as of that day that would be applicable for a LIBOR Loan having a one-month Interest Period determined at approximately 10:00 a.m. Central time for such day (rather than 11:00 a.m. (London time) two Business Days prior to the first day of such Interest Period as otherwise provided in the definition of “LIBOR”), or if such day is not a Business Day, the immediately preceding Business Day. The LIBOR Market Index Rate shall be determined on a daily basis.