Transfer of Allocated Storage definition

Transfer of Allocated Storage means the transfer of allocated Precious Metals to or from another customer allocated storage account held by the Mint.
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Transfer of Allocated Storage means the transfer of allocated Gold to another customer allocated storage account held by the Mint.
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Transfer of Allocated Storage means the transfer of allocated Platinum to another customer allocated storage account held by the Mint or a Sub-Custodian.
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Examples of Transfer of Allocated Storage in a sentence

  • In no event shall the Mint be liable for Precious Metals which were not actually taken into the Mint's possession and control, whether through physical delivery or through a Transfer of Allocated Storage, and in the event the Mint arranges for the transportation of the Precious Metals to the Mint's Facility, for Precious Metals that was not actually taken into the Mint's designated carrier's possession and control.

  • It is expressly understood and agreed that the Mint shall not be liable for any transfer of Property made under a Transfer of Allocated Storage or for any Withdrawal order fraudulently executed in the name of an authorized Customer representative, nor for any transfer of Property under a Transfer of Allocated Storage or for a Withdrawal made where the authority of any such representative has been revoked and the Mint has not been notified thereof in writing in due time.

  • The Mint’s liability shall terminate in respect of any portion of the Precious Metals upon the termination of the Agreement, whether or not the Precious Metals remain in the Mint’s Facility, upon transfer of the Precious Metals under a Transfer of Allocated Storage, as requested by the Customer, or upon remittance to the Customer’s carrier or representative in the event of a Withdrawal or in the event of the return of the Precious Metals pursuant to Sub-Clause 4(f), Sub-Clause 4(i) or Sub-Clause 14(c).

  • The Mint’s liability shall terminate in respect of any portion of the Property upon the earliest to occur of: (a) the expiration or termination of the Agreement, whether or not the Property remains in the Mint’s Facility; (b) the transfer of the Property under a Transfer of Allocated Storage; or (c) remittance of Property to the Customer’s carrier or representative in the event of a Withdrawal.

  • It is expressly understood and agreed that the Mint shall not be liable for any transfer of Property made under a Transfer of Allocated Storage or for any Withdrawal order fraudulently executed in the name of an authorized Customer representative, nor for any Transfer of Allocated Storage for a Withdrawal made where the authority of any such representative has been revoked and the Mint has not been notified thereof in writing in due time.

  • The Mint’s liability shall terminate in respect of any portion of the Precious Metals upon the termination of the Agreement, whether or not the Precious Metals remain in the Mint’s Facility, upon transfer of the Precious Metals under a Transfer of Allocated Storage, as requested by the Customer, or upon remittance to the Customer’s carrier or representative in the event of a Withdrawal or in the event of the return of the Precious Metals pursuant to the Agreement.

  • The Mint’s liability shall terminate in respect of any portion of the Property upon termination of the Agreement, whether or not the Property remains in the Mint’s possession and control, upon transfer of the Property via a Transfer of Allocated Storage, as requested by the Customer, or upon remittance to an armoured carrier designated by the Customer in the event of a Withdrawal.

  • The Mint’s liability shall terminate in respect of any portion of the Property upon the expiration or termination of the Agreement, whether or not the Property remains in the Mint’s Facility, upon transfer of the Property under a Transfer of Allocated Storage, as requested by the Customer, or upon remittance to the Customer’s carrier or representative in the event of a Withdrawal.

  • In no event shall the Mint be liable for Precious Metals which were not actually taken into the Mint’s possession and control, whether through physical delivery or through a Transfer of Allocated Storage, and in the event the Mint arranges for the transportation of the Precious Metals to the Mint’s Facility, for Precious Metals that was not actually taken into the Mint’s designated carrier’s possession and control.

  • The Mint’s liability shall terminate in respect of any portion of the Property upon the expiration or termination of the Agreement, whether or not the Property remains in the Mint’s Facility, upon transfer of the Property under a Transfer of Allocated Storage, as requested by the Customer, or upon remittance to the Customer’s carrier or representative in the event of a Withdrawal or return of the Property pursuant to Sub-Clause 5(h).


More Definitions of Transfer of Allocated Storage

Transfer of Allocated Storage means the transfer of allocated Precious Metals to or from another customer allocated storage account held by the Mint. “Transportation Costs” means any and all costs and expenses related to the transportation of Precious Metals to and from the Mint’s Facility, inclusive of any applicable taxes, duties, fees and assessments and the costs in obtaining insurance in relation thereto. “Withdrawal” means the physical removal of the Precious Metals or a portion thereof from the Mint’s Facility.
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Transfer of Allocated Storage means the transfer of allocated Palladium to another customer allocated storage account held by the Mint or a Sub-Custodian.
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