Silver Bullion definition

Silver Bullion means physical silver bullion in London Good Delivery bar form that is unencumbered, fully allocated and stored at the Silver Custodian by or on behalf of the Trust;

Silver Bullion means silver bullion from any

Silver Bullion means silver that meets the applicable physical specifications for good delivery and the minimum purity requirements for the applicable Exchange.

Examples of Silver Bullion in a sentence

• The Borrower is entitled to make an early repayment (full repayment) of the Loan Contract by giving Silver Bullion an early repayment notice via e-mail or secure notification on the Silver Bullion Website.

• The Borrower may request for the Repayment through Collateral Liquidation of the Loan Contract by giving Silver Bullion a repayment notice via e-mail or secure notification on the Silver Bullion Website.

• You shall inform us if a notification suggests unauthorised access to your records or Silver Bullion Account.

• It is your responsibility to ensure that your personal information registered with Silver Bullion is accurate at all times.

• Instructions once sent, in any form through your Silver Bullion Account (including instructions through the account’s secure notification function or registered email) will be final and irrevocable and it will not be possible to retrieve funds sent in error.

• The price for such sale shall be the Index Price, a price obtained by deducting a certain price (which shall be a price agreed upon between the parties by reference to the differences between the retail prices and the buyout prices of Silver Bullion set by major domestic precious metal dealers engaged in sales of Silver Bullion) from the Index Price, or any other appropriate price.

• You may not copy, imitate or use them in any of your documents, website(s) or other advertising materials/literature, be it in printed or electronic form, without the express written consent of Silver Bullion.

• Payment of the Net Smelter Returns Royalty shall be due by the last day of the month following each calendar quarter in which Gold or Silver Bullion or Copper or Other Products are sold (the “Payment Date”).

• In order to limit the knock-on effects of Late Payments, the Borrowers and Lenders agree that in case of a Late Payment by the Borrower, Silver Bullion is entitled (but not obliged)may to appoint a substitute party (“Sweeper”) to temporarily finance the shortfall and fund and effect the payment on behalf of the Borrower.

• The issuance of payments from us to you will be in SGD or USD, by cheque, online bank transfer or credited to your Silver Bullion or Peer-to-Peer Account Balance.

More Definitions of Silver Bullion

Silver Bullion means the silver bullion obtained by refining and molding Silver.

Silver Bullion. “we”, “us”, “our”) and governs your use of the Silver Bullion Account on our platform. Using the services provided by Silver Bullion and by accessing, browsing and/or using the Website, means that you accept the Terms of Service contained in this User Agreement (“Agreement”) and any other documents, terms and conditions, or policies, including Silver Bullion’s Privacy Policy.

Silver Bullion means physical silver bullion in London Good Delivery bar form that is unencumbered, fully allocated and stored at the Silver Custodian by or on behalf of the Trust; (nnn) “Silver Custodian” means the custodian of the Silver Bullion appointed pursuant to Section 17.5 hereof and shall include the Royal Canadian Mint and any sub-custodians appointed by the Royal Canadian Mint which from time to time hold the Silver Bullion pursuant to the Storage Agreement or a separate written custodial agreement; (ooo) “Silver Redemption Notice” means a written request signed by a Unitholder, which must be guaranteed by a Canadian chartered bank, or by a medallion signature guarantee from a member of a recognized Signature Medallion Guarantee Program, as described in Section 6.1 hereof substantially in the form of Schedule E attached hereto, or in such other form as the Manager may from time to time in its sole discretion determine; (ppp) “Storage Agreement” means the silver storage agreement between the Manager, on behalf of the Trust, and the Silver Custodian, to be dated on or about the date of filing the final Disclosure Documents with the applicable Securities Authorities, as the same may be amended, restated or supplemented from time to time; (qqq) “Sub-Custodian Guidelines” has the meaning ascribed thereto in subsection 17.6(h) hereof; (rrr) “Tax Act” means the Income Tax Act (Canada) and the regulations, rules, requirements and policies promulgated thereunder, as amended from time to time; (sss) “Termination Event” has the meaning ascribed thereto in subsection 14.1(c) hereof; (ttt) “Trust” means Sprott Physical Silver Trust, a closed-end mutual fund trust established under the laws of the Province of Ontario and governed by this Trust Agreement; (uuu) “Trust Agreement” means this amended and restated trust agreement dated as of February 27, 2015 between the Manager and the Trustee, as the same may be further amended, restated, supplemented or replaced from time to time;

Silver Bullion means silver bullion refined to a form that meets good delivery standards in the London Bullion Market, or comparable terminal market.

Silver Bullion means (a) silver bullion bars produced by a refiner on the LBMA “Good Delivery List of Acceptable Refiners,” complying with the standards of the LBMA relating to good delivery and fineness from time to time in effect or (b) silver bullion which is suitable for a metal transfer in metal accounts at LOCO London.