Common use of Warranties on Deposit of Gold Clause in Contracts

Warranties on Deposit of Gold. Every Person depositing Gold under this Agreement shall be deemed thereby to represent and warrant that the Gold meets the requirements to be Gold and contains the required number of Fine Ounces, that the person making such deposit is duly authorized to do so and that at the time of delivery, the Gold is free and clear of any lien, pledge, encumbrance, right, charge or claim (other than the rights created by this Agreement). All representations and warranties deemed made under this Section 3.3 shall survive the deposit of Gold, Delivery or Surrender of Shares or termination of this Agreement.

Appears in 7 contracts

Samples: Depositary Trust Agreement (Ishares Comex Gold Trust), Trust Agreement (Ishares Comex Gold Trust), Depositary Trust Agreement (Ishares Comex Gold Trust)

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Warranties on Deposit of Gold. Every Person depositing Gold under this Agreement shall be deemed thereby to represent and warrant that the Gold meets the requirements to be Gold and contains the required number of Fine Ounces, that the person Person making such deposit is duly authorized to do so and that at the time of delivery, the Gold is free and clear of any lien, pledge, encumbrance, right, charge or claim (other than the rights created by this Agreement). All representations and warranties deemed made under this Section 3.3 3.2 shall survive the deposit of Gold, Delivery or Surrender of Shares or termination of this Agreement.

Appears in 3 contracts

Samples: Depositary Trust Agreement (Ishares Gold Trust), Depositary Trust Agreement (Ishares Gold Trust), Depositary Trust Agreement (Ishares Gold Trust)

Warranties on Deposit of Gold. Every Person depositing Gold under this Agreement shall be deemed thereby to represent and warrant that the Gold meets the requirements to be Gold and contains the required number of Fine Ounces, that the person making such deposit is duly authorized to do so and that that, at the time of delivery, the Gold is free and clear of any lien, pledge, encumbrance, right, charge or claim (other than the rights created by this Agreement). All representations and warranties deemed made under this Section 3.3 3.2 shall survive the deposit of Gold, Delivery or Surrender of Shares or termination of this Agreement.

Appears in 3 contracts

Samples: Depositary Trust Agreement (ETFS Asian Gold Trust), Trust Agreement (ETFS Asian Gold Trust), Depositary Trust Agreement (ETFS Gold Trust)

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Warranties on Deposit of Gold. Every Person depositing Gold under this Agreement shall be deemed thereby to represent and warrant that the Gold meets the requirements to be Gold and contains the required number of Fine Ounces, that the person making such deposit is duly authorized to do so and that at the time of delivery, the Gold is free and clear of any lien, pledge, encumbrance, right, charge or claim (other than the rights created by this Agreement). All representations and warranties deemed made under this Section 3.3 3.2 shall survive the deposit of Gold, Delivery or Surrender of Shares or termination of this Agreement.

Appears in 1 contract

Samples: Depositary Trust Agreement (ETFS Gold Trust)

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