Examples of Physical Platinum in a sentence
Sprott Physical Platinum and Palladium Trust (the "Trust") is a closed-end mutual fund trust created under the laws of the Province of Ontario, Canada, pursuant to a trust agreement dated as of December 23, 2011, as amended and restated as of June 6, 2012 (the "Trust Agreement").
The Custodian will segregate the Physical Platinum from any Physical Platinum which the Custodian owns or holds for others by making appropriate entries in its books and records and will require Sub-Custodian to segregate the Physical Platinum from any Physical Platinum which they own or hold for others by making appropriate entries in their books and records.
The College shall have the right to grant leaves of absence for good and sufficient reasons including sickness or accident, jury duty or military service.
Amounts payable pursuant to this clause 10 (including clause 10.5) shall not be debited from the Trust Allocated Account, but shall be payable, as applicable, by the Sponsor or by the Trustee on behalf of the Trust, and the Custodian hereby acknowledges that it will have no recourse against Physical Platinum standing to the credit of the Trust Allocated Account or to the Trustee individually in respect of any such amounts.
The Custodian also will provide the Trustee with additional weight lists in respect of the Physical Platinum held in the Trust Allocated Account from time to time upon the Trustee’s reasonable request.
The Trustee acknowledges that the process of allocation of Physical Platinum to the Trust Allocated Account from the Trust Unallocated Account may involve minimal adjustments to the weights of Physical Platinum to be allocated to adjust such weight to the number of whole plates or ingots available.
The Trust Allocated Account shall evidence and record deposits and withdrawals of Physical Platinum made pursuant to the terms of this Agreement.
ETFS Metal Securities Australia Limited (the "Company") is offering five different classes of securities, being ETFS Physical Gold securities, ETFS Physical Silver securities, ETFS Physical Platinum securities, ETFS Physical Palladium securities and ETFS Physical PM Basket securities (each a “Metal Security” and together the “Metal Securities”).
Unless otherwise instructed by the Trustee on behalf of the Trust or the relevant person, the Custodian shall make any transportation and insurance arrangements in respect of delivery of Physical Platinum in accordance with its usual practice.
The Custodian will identify in its books and records that the Physical Platinum is being held for the Trustee (on trust for the Shareholders), and will require each Sub-Custodian to identify on its book and records that the Physical Platinum is being held for the Custodian for the benefit of the Trust.