Segregated Storage definition

Segregated Storage means storage in one fire area of a building or structure, but with physical detachment from incompatible materials by approved partitions or walls, or with containment in a tank.
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Segregated Storage. If you select Segregated Storage, Your Bullion product(s) will be stored separate and apart from Bullion owned by other DDSC customers. Due to its unique space, labor, and auditing requirements, storage fees associated with Segregated Storage are substantially higher than Non-Segregated Storage. The fees charged for Non-Segregated and Segregated Storage are set forth in the Fee Schedule attached to this Agreement.
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Segregated Storage. I authorize and direct DDSC to physically set apart my bullion assets from the bullion assets of other DDSC customers. Note: Segregated Storage is unavailable for Foreign Storage or storage in California. Domestic Storage: I authorize and direct DDSC to store my bullion assets in DDSC’s facility located at: 0000 Xxxxx Xxxxxx Xxxxxx, Xxxxxxxxxx, Xxxxxxxx 00000; and/or
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Examples of Segregated Storage in a sentence

  • Subject to these Terms and Conditions, upon DDC’s receipt of proper written instructions, DDC shall deliver or release to Customer or its designee the exact same Precious Metals as were delivered by Customer to DDC for Segregated Storage and not previously delivered or released to Customer or its designee.

  • Any person identifying himself or herself as an Authorized Representative of a Customer and who is identified on such current list of the Customer shall have the right to effect transactions under the Consignment Facility, the Gold Loan Facility, the Forward Contract Facility, the Segregated Storage Facility and this Agreement.

  • Restricted cash - The increase in Restricted cash from December 31, 2020 was primarily due to (i) the Non-Recourse Flexiti SPE Facility, entered into as part of our acquisition of Flexiti in March 2021, (ii) the Non-Recourse Flexiti Securitization Facility, entered into in the fourth quarter of 2021, and (iii) the Non-Recourse Heights SPE Facility, entered into as part of our acquisition of Heights in December 2021.

  • All Segregated Storage Facilities shall terminate on the Maturity Date or on such earlier date as the Metal Lender accelerates the Obligations by reason of the occurrence of an Event of Default hereunder.

  • Each request by a Customer or the Customer Agent to the Metal Lender for the delivery of Precious Metal under the Consignment Facility, Gold Loan Facility and the Segregated Storage Facility, and for a Forward Contract under the Forward Contract Facility, shall be deemed to be a representation and warranty to the Metal Lender that the respective conditions specified in Section 6.02 for such Consignment and/or Forward Contract have been satisfied.

  • Each quarterly installment of the annual storage charge for Segregated Storage shall be the greater of: (i) the Quarterly Segregated Storage Rate for such quarter; or (ii) $60.

  • In addition, either WAM or the Metal Lender may at any time on thirty (30) days prior written notice to the other terminate the Segregated Storage Facility.

  • All Precious Metal currently located in the Segregated Storage Facility pursuant to the Original Agreement shall constitute Stored Precious Metal for the purposes of this Agreement.

  • The Segregated Storage Facility shall terminate on the Maturity Date or on such earlier date as the Metal Lender accelerates the Obligations by reason of the occurrence of an Event of Default hereunder.

  • Neither WAM (nor any other Customer) nor the Metal Lender shall be required to pay to the other any consignment fees, gold loan fees, market premiums or any other fees with respect to the Stored Precious Metal while it is in the Segregated Storage Facility, and no consignment fees shall be imposed until such time as Stored Precious Metal is removed from the Segregated Storage Facility by WAM pursuant to the provisions of Section 4.02 hereof.


More Definitions of Segregated Storage

Segregated Storage means tankage at the Terminal available for the Commodities and which do not simultaneously contain ********** of any third party at the time the Commodities are in such tankage.
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Segregated Storage means that your precious metals are stored separately from other accounts in individual boxes assigned to each client.
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Segregated Storage. I authorize and direct DDSC to physically set apart my bullion assets from the bullion assets of other DDSC customers. DDSC offers Domestic or Foreign Bullion Storage. If you select Domestic Storage, your bullion assets will be stored and safeguarded within DDSC’s facilities in the United States. If you select Foreign Storage, DDSC will arrange to have your bullion assets stored in one of its sub- custodian’s vaults in Canada and/or Switzerland, at your election. Domestic Storage: I authorize and direct DDSC to store my bullion assets in DDSC’s facilities in the United States.
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Segregated Storage means a system whereby User's Commodities are stored without other grades of Commodities being stored in the same tank at the same time (except for "bottoms").
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Segregated Storage. The storage of RIHT's Precious Metal in a vault located at Borrower's principal office, such Precious Metal located therein to be in the form as originally delivered by RIHT to customer and to be physically segregated from the Borrower's other Precious Metal in such vault, if any, by means of a physical barrier acceptable to RIHT." "Spot Value. At any time, with respect to the calculation of the Dollar value of Precious Metal, (a) in all cases in which the Borrower is purchasing Precious Metal or in which the value of Consigned Precious Metal or Segregated Precious Metal is being calculated (for purposes of determining the Consignment Limit or Segregated Storage Limit, as the case may be), RIHT's "ask" spot quotation for Precious Metal at such times times the number of ounces of such Precious Metal and (b) in all cases in which RIHT is purchasing Precious Metal, RIHT's "bid" spot quotation for Precious Metal at such time times the number of ounces of such Precious Metal."
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Related to Segregated Storage

  • Segregated facilities, as used in this provision, means any waiting rooms, work areas, rest rooms and wash rooms, restaurants and other eating areas, time clocks, locker rooms and other storage or dressing areas, parking lots, drinking fountains, recreation or entertainment areas, transportation, and housing facilities provided for employees, that are segregated by explicit directive or are in fact segregated on the basis of race, color, religion, or national origin because of habit, local custom, or otherwise.

  • Segregated Account means a client bank account as defined by and held in accordance with the Applicable Regulations.

  • Transit vehicle means a bus, rapid transit vehicle, railroad car, street railway car, water vehicle, taxicab, or other type of public transportation vehicle or individual unit, whether operated singly or in a group that provides public transportation.

  • Seller Account shall have the meaning set forth in the preamble of this Agreement.

  • Operating Accounts shall have the meaning ascribed to it in Section 4.03.A.

  • deposits townsite means the townsite to be established on or near the mining areas pursuant to this Agreement;

  • Transit village means a community with a bus, train, light rail,

  • Client Accounts means accounts of Clients (i) that are Controlled by an Access Person and (ii) in which no Access Person has a substantial proportionate economic interest; provided that, the Client pays a management, advisory or any other similar arms-length fee to the Access Person and the beneficiary of the Client Account is not an Immediate Family member of an Access Person.

  • Storm water or wastewater collection system means piping, pumps, conduits, and any other equipment necessary to collect and transport the flow of surface water run-off resulting from precipitation, or domestic, commercial, or industrial wastewater to and from retention areas or any areas where treatment is designated to occur. The collection of storm water and wastewater does not include treatment except where incidental to conveyance.

  • Segregation means sorting and separate storage of various components of solid waste namely biodegradable wastes including agriculture and dairy waste, non biodegradable wastes including recyclable waste, non- recyclable combustible waste, sanitary waste and non recyclable inert waste, domestic hazardous wastes, and construction and demolition wastes ;

  • Special Accounts means the accounts referred to in Section 2.02 (b) of this Agreement;

  • Personal vehicle means a vehicle that is:

  • Segregated ballast means the ballast water introduced into a tank which is completely separated from the cargo oil and oil fuel system and which is permanently allocated to the carriage of ballast or to the carriage of ballast or cargoes other than oil or noxious substances as variously defined in the Annexes of the present Convention.

  • Wastewater collection system means the sewer and pumping system used for the collection and conveyance of domestic, commercial and industrial wastewater; and

  • Lockboxes has the meaning set forth in Section 2.7.

  • Retirement Accounts has the meaning ascribed thereto in Section 2.1(F)(7) hereof.

  • Deposit Account Control Agreements means, with respect to each deposit account that is required by the Collateral Agreement to be subject to a control agreement, a deposit account control agreement executed by the Borrower, the Administrative Agent as the secured party thereto, and the deposit bank, as each may be amended, restated, supplemented or otherwise modified from time to time.

  • Separate Accounts means the accounts which are to be prepared for each

  • Client Account means the unique personalised account of the Client consisting of all Completed Transactions, Open Positions and Orders in the Trading Platform, the balance of the Client money and deposit/withdrawal transactions of the Client money.

  • Government Accounts means Accounts on which any federal or state governmental unit or any intermediary for any federal or state governmental unit is the Account Debtor.

  • Lockbox Accounts means the accounts maintained by Borrower at the Lockbox Banks into which all collections or payments on their Accounts and other Collateral are paid.

  • Customer Property ’ means cash, a se- curity, or other property, or proceeds of such cash, security, or property, received, acquired, or held by or for the account of the debtor, from or for the account of a customer—

  • Recreational vehicle park means any tract of land used for parking five or more self-contained recreational vehicles and includes any roadway, building, structure, vehicle, or enclosure used or intended for use as part of the park facilities and any tract of land that is subdivided for lease or other contract of the individual lots for the express or implied purpose of placing self-contained recreational vehicles for recreation, vacation, or business purposes.

  • Personnel file means, for the purposes of Part III (8VAC20-90-60 et seq.), any and all memoranda, entries or other documents included in the teacher's file as maintained in the central school administration office or in any file regarding the teacher maintained within a school in which the teacher serves.

  • Lockbox Account shall have the meaning set forth in Section 2.7.1 hereof.

  • Operating Account means a demand deposit account maintained at the Funding Bank in Borrower's name and designated for funding that portion of each Eligible Loan not funded by a Warehousing Advance made against that Eligible Loan and for returning any excess payment from an Investor for a Pledged Loan or Pledged Security.