Physical Metal Delivery definition

Physical Metal Delivery means delivery of physical Bars of Gold to a specified Metal Account of an ETC Holder in connection with either (a) settlement of an Early Redemption or Final Redemption of ETC Securities of a Series backed by Gold pursuant to Condition 7(a) (Final Redemption) or 7(b) (Early Redemption) or (b) settlement of a Buy-Back of ETC Securities of a Series backed by Gold pursuant to Condition (Error! Reference source not found. (Purchases and Buybacks);
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Examples of Physical Metal Delivery in a sentence

  • The obligations of the Issuer in respect of the ETC Securities being redeemed by Physical Metal Delivery shall be satisfied by the Issuer transferring the required quantity of Metal to or to the order of the relevant Metals Counterparty with instructions to deliver such Metal to the specified Metal Account of the ETC Holder and the remainder (if any) of the Physical Redemption Settlement Amount due to the ETC Holder to the specified Cash Account of the ETC Holder.

  • In connection with any settlement of an Early Redemption or Final Redemption of ETC Securities by Physical Metal Delivery, upon removal of the Metal representing the Physical Redemption Settlement Amount from the Allocated Account of the Issuer, all title to and risks in such Metal shall pass to the ETC Holder.

  • Where any Buy-Back of ETC Securities backed by Gold is being settled by Physical Metal Delivery, all title to and risks in such Metal shall pass to the ETC Holder from the Buy-Back Settlement Date.

  • Where the Administrator has confirmed that a Buy-Back of ETC Securities of a Series backed by Gold is to be settled by way of Physical Metal Delivery, the Issuer (or the Administrator on the Issuer’s behalf) shall instruct the Custodian to transfer the relevant Metal representing the Buy-Back Settlement Amount from the Allocated Account of the Issuer to or to the order of the relevant Metals Counterparty.

  • The Authorised Participants or the Arranger are the only entities permitted to buy ETC Securities directly from the Issuer or to request that the Issuer buy back ETC Securities (other than in the case of ETC Securities backed by Gold, in respect of which, subject to satisfaction of certain conditions, ETC Holders who are not Authorised Participants may submit Buy-Back Orders for settlement by Physical Metal Delivery).

  • Other than in the case of a Buy-Back of Single Metal ETC Securities backed by Gold to be settled by Physical Metal Delivery, an ETC Holder wishing to have their ETC Securities repurchased must make arrangements with an Authorised Participant (either through an exchange or over the counter) for such Authorised Participant to purchase such ETC Securities from the ETC Holder or for such Authorised Participant to effect a Buy-Back Order with the Issuer.

  • Poleg tega subjektivno dobro počutje posreduje negativno razmerje med negotovostjo zaposlitve in delovno uspešnostjo.

  • Under the ORs the Registrar may direct an ELNO to restrict, suspend or terminate a subscriber’s participation.

  • One arm of the hinge shall be fixed to the underside of the cover flush with the surface by means of 3 nos.

  • Buy-Back Orders are subject to the Buy-Back Conditions; Settlement of Buy-Backs and Early Redemptions or Final Redemptions of ETC Securities backed by Gold by Physical Metal Delivery are subject to the Physical Delivery Requirements The ETC Securities are subject to provisions concerning the delivery of a Buy-Back Order.

Related to Physical Metal Delivery

  • 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.

  • 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;

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

  • 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.

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

  • 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.

  • Delivery Notice Has the meaning specified in the NPA.

  • 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.

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

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

  • Scrap metal dealer means a person or governmental unit that buys scrap metal and is not a first purchaser. The term includes, but is not limited to, a person, whether or not licensed under state law or local ordinance, that operates a business as a scrap metal recycler, scrap processor, secondhand and junk dealer, or other person that purchases any amount of scrap metal on a regular, sporadic, or 1-time basis.

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

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

  • 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;

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

  • Delivery means delivery in compliance of the conditions of the contract or order.

  • 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;

  • Delivered with respect to any notice to be delivered, given or mailed to a Holder pursuant to this Indenture, shall mean notice (x) given to the Depositary (or its designee) pursuant to the standing instructions from the Depositary or its designee, including by electronic mail in accordance with accepted practices or procedures at the Depositary (in the case of a Global Note) or (y) mailed to such Holder by first class mail, postage prepaid, at its address as it appears on the Note Register, in each case in accordance with Section 17.03. Notice so “delivered” shall be deemed to include any notice to be “mailed” or “given,” as applicable, under this Indenture.

  • Dispatch Notice means a notice delivered by CAISO to Owner’s Scheduling Coordinator on a daily, hourly or real-time basis requesting dispatch of one or more Unit(s) to provide Energy or Ancillary Services under this Agreement. Dispatch Notices include: (a) Day-Ahead Schedules and Real-Time Dispatches where the RMR Unit or Units are flagged as RMR Dispatches as a result of the Market-Power Mitigation and Reliability Requirements Determination processes pursuant to the CAISO Tariff, (b) Manual RMR Dispatch Notices, (c) notices deemed to have been given by CAISO for the Energy actually Delivered by a Unit that starts or increases Energy output as a result of a “system emergency” as defined in the CAISO Tariff whether the start or increase occurs automatically (for Units specified in Section 2 of Schedule A as having the ability to Start-up or ramp automatically) or pursuant to a standing written order of the CAISO, and (d) Test Dispatch Notices given by CAISO under Section 4.9 other than Test Dispatch Notices issued at Owner’s request to test Availability or heat input of the Unit.

  • 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.

  • Messenger means an Employee while in possession of the Insured’s Property away from the Insured’s or Investment Adviser’s premises and any other natural person acting as custodian of the Property during an emergency arising from the incapacity of the original Employee.

  • postal ballot means voting by post or through any electronic mode;

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

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

  • 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.

  • Email has the meaning given in Clause 29.1;