LBMA Precious Metals Materials definition
LBMA Precious Metals Materials means the data generated by the ICE gold and/or silver auction processes (depending on the precious metal(s) benchmark(s) in respect of which this licence is requested) taking place daily at approximately 10:30 am London time (gold AM auction), 3:00 PM London time (gold PM auction) and 12:00 PM London time (silver auction), or such other times as confirmed by ICE, and the LBMA Gold Price and/or LBMA Silver Price benchmarks (in respect of which this licence is requested), which are calculated and distributed by ICE.
LBMA Precious Metals Materials means the data generated by the ICE gold and/or silver auction processes (depending on the precious metal(s) benchmark(s) in respect of which this licence is requested) taking place daily at approximately 10:30 am London time (gold AM auction), 3:00 PM London time (gold PM auction) and 12:00 PM London time (silver auction), or such other times as confirmed by ICE, and the LBMA Gold Price and/or LBMA Silver Price benchmarks (in respect of which this licence is requested), which are calculated and distributed by ICE. This Schedule J supplements, forms part of, and is subject to the terms of, the Agreement, and constitutes a usage licence (this “Licence”) in respect of the LBMA Precious Metals Materials and the LBMA Precious Metals Trade Marks. This Schedule J amends the Agreement such that Section 8.1(a) shall be deleted in its entirety and restated as follows: “all Intellectual Property Rights in the Materials and the Trade Marks are the property of ICE, save for the LBMA Precious Metals Materials and the LBMA Precious Metals Trade Marks, which are the property of Precious Metals Prices Limited and licensed to ICE.” This Licence permits the Customer and Customer Group Companies to:
LBMA Precious Metals Materials means the data generated by the ICE gold and/or silver auction processes (depending on the precious metal(s) benchmark(s) in respect of which this licence is requested) taking place daily at approximately 10:30 am London time (gold AM auction), 3:00 PM London time (gold PM auction) and 12:00 PM London time (silver auction), or such other times as confirmed by ICE, and the LBMA Gold Price and/or LBMA Silver Price benchmarks (in respect of which this licence is requested), which are calculated and distributed by ICE. This Schedule J supplements, forms part of, and is subject to the terms of, the Agreement, and amends the Agreement such that Section 8.1(a) shall be deleted in its entirety and restated as follows: “all Intellectual Property Rights in the Materials and the Trade Marks are the property of ICE, save for the LBMA Precious Metals Materials and the LBMA Precious Metals Trade Marks, which are the property of Precious Metals Prices Limited and licensed to ICE.” This LBMA Precious Metals Benchmarks Usage Licence permits the Customer and Customer Group Companies to:
More Definitions of LBMA Precious Metals Materials
LBMA Precious Metals Materials means the data generated by the ICE gold and silver auction processes taking place daily at approximately 10:30 am London time (gold AM auction), 3:00 PM London time (gold PM auction) and 12:00 PM London time (silver auction), or such other times as confirmed by ICE, and the LBMA Gold Price and LBMA Silver Price benchmark fixings which are calculated and distributed by ICE. This Schedule J amends, supplements and forms part of the MASTER LICENCE AGREEMENT such that Section 8.1(a) shall be deleted in its entirety and restated as follows: “[a]ll Intellectual Property Rights in the Materials and the Trade Marks are the property of ICE, save for the LBMA Precious Metals Materials and the LBMA Precious Metals Trade Marks which are the property of Precious Metals Prices Limited and licensed to ICE.” This licence permits the Customer and Customer Group Companies to: