Allocated Basis definition
Allocated Basis means, in relation to any Gold Bullion held by us for and on your behalf, the Gold Bullion which has been segregated and details of which we notify in writing to you, and which shall include any Gold Bullion of equivalent quality, value, fineness, and weight (but not necessarily equivalent shape, dimensions or marks), which we may substitute from time to time in our absolute discretion and notify you in writing.
Allocated Basis means the basis set forth in clause 4.1;
Allocated Basis means gold bullion assets are held by an IIFS under the name of another IIFS that owns these assets; that is, the IIFS holding the gold bullion assets allocates these assets to, and has an obligation to deliver them to, the IIFS that owns them.
Examples of Allocated Basis in a sentence
The Allocated Basis assigned to the Restricted Business shall be determined by multiplying that fraction consisting of the Restricted Business' sales as the numerator and total sales of the acquired company as the denominator times the total purchase price (including assumed debt) paid by Seller.