Metal Delivery definition

Metal Delivery means in relation to a Redemption of any Metal Securities, settlement of the Issuer’s obligations in respect of such Redemption by delivery of an amount of Metal equal to the Metal Entitlement of such Metal Securities.
Metal Delivery means in relation to the Redemption of any Industrial MetalSecurities, settlement of the Issuer’s Redemption Obligations in respect thereof in whole or in part by delivery of Warrants in accordance with the Conditions as provided for in Condition 6.14 (Metal Delivery)
Metal Delivery means in relation to the Redemption of any Metal Securities, settlement of the Issuer’s Redemption Obligations in respect thereof by delivery of Bullion in accordance with the Conditions

Examples of Metal Delivery in a sentence

  • If the Holder elected the Metal Delivery Method, then the Holder becomes immediately responsible for all matters relating to the transfer, delivery, custody or on-going storage of the Bullion and for all costs, expenses and liabilities in relation to the Bullion.

  • The legal interest in the Bullion transfers to the Holder on the Delivery Date if the Metal Delivery Method Applies or on the Redemption Date if the Metal Sale Method applies, and all title to the Bullion and all risks in and relating to the Bullion pass to the Holder.

  • A Holder may elect payment on Redemption to be in metal (the Metal Delivery Method) or cash (the Metal Sale Method) but may only elect the former if they have an unallocated metal account with abullion dealer in London or Zurich, who is a member of the LBMA or LPPM, to which such metal is to be transferred.

  • Redemptions using the Metal Sale Method will follow the same procedures as the Metal Delivery Method except that the Trustee will sell Bullion to the Metal Sale Counterparty pursuant to the Metal Sale Counterparty Agreement in an amount equal to the aggregate Metal Entitlement of the Metal Securities being redeemed, calculated as at the Settlement Date (rounded down to the nearest 0.001 troy ounce, or fine troy ounce in the case of gold).

  • Redemptions using the Metal Delivery Method shall be made by the Custodian, on approval of the Trustee, by withdrawing Bullion from the Metal Accounts in an amount equal to the aggregate Metal Entitlement of the Metal Securities being redeemed, calculated asat the Settlement Date (rounded down to the nearest0.001 troy ounce, or fine troy ounce in the case of gold), and delivering the same to the unallocated metal account of the redeeming Holder.

  • Redemptions using the Metal Delivery Method shall be made by the Custodian, on approval of the Trustee, by withdrawing Bullion from the Metal Accounts in an amount equal to the aggregate Metal Entitlement of the Metal Securities being redeemed, calculated as at the Settlement Date (rounded down to the nearest 0.001 troy ounce, or fine troy ounce in the case of gold), and delivering the same to the unallocated metal account of the redeeming Holder.

  • On motion of Mr. Holland, seconded by Mr. Warren, the Board added Item 8.C.11., Approval of Agreements for the Chesterfield Center for the Arts and Set a Public Hearing to Consider a Ground Lease; and added Item 8.C.12., Authorization for the County Administrator to Execute the Special Project Service Agreement for Appliance and Scrap Metal Delivery and Recycling Services through the Central Virginia Waste Management Authority.

  • A Holder may elect payment on Redemption to be in metal (the Metal Delivery Method) or cash (the Metal Sale Method) but may only elect the former if they have an unallocated metal accountwith a bullion dealer in London, who is a member of the LBMA or LPPM, to which such metal is to be transferred.

  • A Holder may elect payment on Redemption to be in metal (the Metal Delivery Method) or cash (the Metal Sale Method) but may only elect the former if they have an unallocated metal account with a bullion dealer in London or Zurich, who is a member of the LBMA or LPPM, to which such metal is to be transferred.

  • Herbertson, Q.L. He, P.J. Flint, R.B. Mahapatra, "Modelling of Metal Delivery to Continuous Casting Moulds," in Steelmaking Conf.


More Definitions of Metal Delivery

Metal Delivery means in relation to the Redemption of any Metal Securities,

Related to Metal Delivery

  • Final Delivery Date means the date on which all of the Vessels shall have been transferred and delivered by the Builder to the Borrowers;

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

  • Contractual Delivery Date means the stipulated date on which the contractor shall attain

  • 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;

  • Locational Deliverability Area or “LDA” shall mean a geographic area within the PJM Region that has limited transmission capability to import capacity to satisfy such area’s reliability requirement, as determined by the Office of the Interconnection in connection with preparation of the Regional Transmission Expansion Plan, and as specified in Reliability Assurance Agreement, Schedule 10.1.

  • Incremental Deliverability Rights or “IDRs” shall mean the rights to the incremental ability, resulting from the addition of Merchant Transmission Facilities, to inject energy and capacity at a point on the Transmission System, such that the injection satisfies the deliverability requirements of a Capacity Resource. Incremental Deliverability Rights may be obtained by a generator or a Generation Interconnection Customer, pursuant to an IDR Transfer Agreement, to satisfy, in part, the deliverability requirements necessary to obtain Capacity Interconnection Rights.

  • Courier means any armed person who transports or offers to transport from one place to another

  • Telefacsimile means a system of transmitting and reproducing fixed graphic material (as, for example, printing) by means of signals transmitted over telephone lines or over the Internet.

  • Facsimile means an exact copy or likeness which is electronically transmitted for instant reproduction.

  • Email has the meaning given in Clause 29.1;

  • Facsimile Number 020 7964 6061/6399 Attention: Global Structured Finance

  • Addressee means a person who is intended by the originator to receive the electronic record but does not include any intermediary;

  • transmission means transmission by operation of law, devolution on the personal representative of a deceased person and any other mode of transfer, not being assignment;

  • Dispatch means the act of reducing all or a portion of the electrical consumption of the PDR pursuant to a Dispatch Instruction.

  • Facsimile machine means a machine that can send and receive a facsimile transmission.

  • Dispatch Rate means the control signal, expressed in dollars per megawatt-hour, calculated and transmitted continuously and dynamically to direct the output level of all generation resources dispatched by the Office of the Interconnection in accordance with the Offer Data.

  • Fax means the making of a facsimile copy of a document by the transmission of electronic signals;

  • Locational Deliverability Area Reliability Requirement means the projected internal capacity in the Locational Deliverability Area plus the Capacity Emergency Transfer Objective for the Delivery Year, as determined by the Office of the Interconnection in connection with preparation of the Regional Transmission Expansion Plan, less the minimum internal resources required for all FRR Entities in such Locational Deliverability Area.

  • Facsimile transmission means the transmission of a source document by a facsimile machine that encodes a document into optical or electrical signals, transmits and reconstructs the signals to print a duplicate of the source document at the receiving end.

  • Messenger means the Insured or a partner of the Insured or any Employee who is duly authorized by the Insured to have the care and custody of the insured property outside the Premises.

  • Notices of Borrowing means, collectively, the Notices of Revolving Borrowing and the Notices of Swingline Borrowing.

  • Delivery Notice Has the meaning specified in the NPA.

  • Verified mail means any method of mailing that is offered by

  • Data Transmission is the forwarding of Billable Message detail and/or AUR detail in EMI format over a mutually agreed upon medium to the appropriate Billing Company.

  • Money transmission means any of the following:

  • Developmental delay means that a child has not reached developmental milestones expected for his or her chronological age as measured by qualified professionals using appropriate diagnostic instruments and/or procedures.