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 bar meeting the London Good Delivery Standards.
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Examples of London Good Delivery Bar in a sentence

  • 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.

  • 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.

  • Unless otherwise specified, the gold spot price always refers to that of a London Good Delivery Bar.

  • All gold represented by a credit to any Authorized Participant’s unallocated account and to the Trust’s unallocated account and all gold bars held in the Trust’s allocated account with the Custodian must be of at least a minimum fineness (or purity) of 995 parts per 1,000 (99.5%) and otherwise conform to the rules, regulations practices and customs of the LBMA, including the specifications for a London Good Delivery Bar.

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

  • 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.

  • Remote work increased and many companies improved their digital capabilities, not only by using e-commerce, website and email services platforms, but also by putting the necessary ICT services into productive use.

  • A London Good Delivery Bar (as described below), which is acceptable for settlement of any OTC transaction, will be acceptable for delivery to the Trust in connection with the issuance of Baskets.


More Definitions of London Good Delivery Bar

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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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 2H(2).

  • 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 a day that is three (3) Business Days following the date that is 14 calendar days after the Scheduled Termination Date. Section 1.23 (Notice Delivery Period) of the Credit Derivatives Definitions shall be amended accordingly.

  • 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).

  • 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, the rate for one-month U.S. dollar deposits as reported on Telerate Page 3750 as of 11:00 a.m., London time, for such day, provided, if such day is not a LIBOR Business Day, the immediately preceding LIBOR Business Day (or if not so reported, then as determined by the Swingline Lender from another recognized source or interbank quotation).