LBMA Gold Price PM definition

LBMA Gold Price PM means the price of a ▇▇▇▇ ounce of gold as determined by ICE Benchmark Administration, the third party administrator of the London gold price selected by the LBMA, or any successor administrator of the London gold price, at or about 3:00 p.m. London, England time.
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LBMA Gold Price PM means the price of an Ounce of gold as determined by IBA, the third party administrator of the London gold price selected by the LBMA, or any successor administrator of the London gold price, at or about 3:00 p.m. London, England time.
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LBMA Gold Price PM means the price of Physical Gold that is based on the LBMA daily afternoon auction.
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Examples of LBMA Gold Price PM in a sentence

  • The value of the Account Balance shall be determined on any day using the LBMA Gold Price PM, and if there is no such fix on such day, by the last LBMA Gold Price fix (AM or PM).

  • If no LBMA Gold Price is available on any day, the Administrator is authorized to value the Trust's gold based on the most recently announced LBMA Gold Price PM or LBMA Gold Price AM.

  • Purchase Orders are not accepted on a particular Business Day if the LBMA Gold Price PM or other applicable benchmark price is not announced on that Business Day.

  • The Administrator generally values the Physical Gold held by the Trust using that day's LBMA Gold Price PM.

  • Redemption Orders are not accepted if the LBMA Gold Price PM or other applicable benchmark price is not announced on that Business Day.

  • If there is no LBMA Gold Price PM on any day, the Administrator is authorized to use the LBMA Gold Price AM on that day.