Physical Delivery Bank definition

Physical Delivery Bank means, a credit institution authorised in Germany which has agreed to accept deliveries of physical Bars of Gold to be held on behalf of and on account for an ETC Holder.
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Examples of Physical Delivery Bank in a sentence

  • It is the responsibility of the ETC Holder to ensure that it has in place arrangements with the Physical Delivery Bank which are adequate to ensure onward delivery or storage of the relevant Metal on behalf of the ETC Holder.

  • Likewise, none of the Trustee, the Security Trustee or the Issuer will be responsible for any failure by the Physical Delivery Bank to account to the ETC Holder for the relevant Metal.

  • Registration means registration or affiliation of an Individual Member, Club or an Affiliated Member with a Member State, such registration being in the form of a signed application form, whether in hard copy or by electronic means of acceptance and, in the case of Individual Members, their consent to membership of the Company as required by clause 5.2.Registered has a corresponding meaning.

  • Following receipt of the Metal, the Metals Counterparty shall have five Physical Delivery Business Days (or such additional period as the Metals Counterparty may determine up to a further three Physical Delivery Business Days) to procure the transfer of such Metal to the specified Metal Account of the ETC Holder with a Physical Delivery Bank and to transfer any amount payable to the ETC Holder in USD to the specified Cash Account of the ETC Holder.

  • In order for a Buy-Back or Redemption by way of Physical Metal Delivery to be effected, the ETC Holder must have specified (among other things): (a) in the case of a Buy-Back, on its Buy-Back Order; or (B) in the case of a Redemption, in its Physical Delivery Notice, a Physical Delivery Bank – being a credit institution authorised in Germany which has agreed to accept deliveries of physical Bars of Gold to be held on behalf of and on account for such ETC Holder.

  • Bank Guarantees as a mode of payment are only applicable for Applicants Applying via Physical Delivery Bank guarantees should be issued by any Licensed Commercial Bank in Sri Lanka and in favour of “CARGILLS BANK LIMITED IPO PHYSICAL” in a manner acceptable to the Company and payable on demand.

  • The Metals Counterparty has five Physical Delivery Business Days (or an additional period determined by the Metals Counterparty up to a further three Physical Delivery Business Days) from the day that the relevant Metal was delivered to or to the order of the Metals Counterparty to procure the transfer of such Metal to the Physical Delivery Bank.

  • Following acceptance of such Buy-Back Order by the Issuer, the relevant Metals Counterparty has five Physical Delivery Business Days (or an additional period determined by the Metals Counterparty up to a further three Physical Delivery Business Days) from the day that the relevant Metal was delivered to or to the order of the Metals Counterparty to procure the transfer of such Metal to the Physical Delivery Bank.

  • It is a story of constitution-making, of Americans struggling to de- mocratize the institutions of our constitutional republic whom we can honor as we define ourselves in the present.

  • None of the Issuer, the Trustee or the Security Trustee are responsible for any failure of the Physical Delivery Bank.

Related to Physical Delivery Bank

  • 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.

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

  • 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;

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

  • 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.

  • transmitted by electronic means” means sent in the form of a facsimile or sent via the internet as a portable document format (“pdf”) or other replicating image attached to an electronic mail or internet message.

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

  • 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.

  • Electronically transmitted or “electronic transmission” means a communication sent or received through technological apparatuses, including computer terminals or other equipment or mechanisms linked by telephone or microwave relays, or any similar apparatus having electrical, digital, magnetic, wireless, optical, electromagnetic or similar capabilities.

  • Delivery Notice Has the meaning specified in the NPA.

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

  • 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;

  • Email has the meaning given in Clause 29.1;

  • Delivery into consignee s store or to his site’ means delivered and unloaded in the specified store or depot or on the specified site in compliance with the conditions of the contract or order, the supplier bearing all risks and charges involved until the supplies are so delivered and a valid receipt is obtained.

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

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

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

  • 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.

  • Mail means first-class letters and flats delivered via the United States Postal Service, including priority, express, and certified mail, and excluding packages, parcels, periodicals, and catalogues, unless they are clearly identifiable as pharmaceuticals or clearly indicate that they are sent by a state or county government agency.

  • 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.

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

  • postal item means an item addressed in the final form in which it is to be carried, irrespective of weight. In addition to items of correspondence, such items also include for instance books, catalogues, newspapers, periodicals and postal packages containing merchandise with or without commercial value, irrespective of weight;

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

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

  • 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.

  • 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.