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.
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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:
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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:
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Examples of LBMA Precious Metals Materials in a sentence

  • Where a Customer Group Company derives a Licensed Product using LBMA Precious Metals Materials and Other Inputs, then the percentage of the gross revenues used to calculate the Licensed Product Revenue may be reduced based on the relative values of such inputs and their usage in the derivation, as agreed by IBA in consultation with the Customer.

  • For the avoidance of doubt, if a Customer Group Company does not receive or generate any Licensed Product Revenue for the licensing or use of the Licensed Product, the fees payable in respect of an LBMA Precious Metals Materials Derived Index Licence shall be USD 25,000 per annum.4. ISDA SIMM (Master Licence Agreement Schedule N)A.

  • The fees payable in respect of an LBMA Precious Metals Materials Derived Index Licence are set out below.

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More Definitions of LBMA Precious Metals Materials

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:
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Related to LBMA Precious Metals Materials

  • Precious metals means silver, gold, platinum, palladium, iridium, osmium, rhodium, and ruthenium.

  • Precious Metal means the following, in coin, bullion, or other form:

  • GOODS / MATERIALS means any of the articles, materials, machinery, equipments, supplies, drawing, data and other property and all services including but not limited to design, delivery, installation, inspection, testing and commissioning specified or required to complete the order.

  • API means the American Petroleum Institute.

  • Pyrophoric material means any liquid that ignites spontaneously in dry or moist air at or below 130° F (54.4° C) or solid, other than one classed as an explosive, which under normal conditions is liable to cause fires through friction, retained heat from manufacturing or processing, or which can be ignited readily and, when ignited, burns so vigorously and persistently as to create a serious transportation, handling, or disposal hazard. Included are spontaneously combustible and water-reactive materials.

  • Cannabinoid extract means a substance obtained by separating cannabinoids from marijuana by:

  • Distillery manufacturing license means a license issued in accordance with

  • Drug Substance means an active ingredient that is intended to furnish pharmacological activity or other direct effect in the diagnosis, cure, mitigation, treatment, or prevention of disease or to affect the structure or any function of the human body, but does not include intermediates used in the synthesis of such ingredient.

  • SAP Materials means any software, programs, tools, systems, data, or other materials made available by SAP or any other member of the SAP Group to Partner or to an End User (either directly or indirectly via Partner) prior to or in the course of the performance under any part of this Agreement including, but not limited to, the other SAP Products.

  • Finished Products means the fully assembled and shrink-wrapped Licensed Products, each including a Game Cartridge, Game Cartridge label and Printed Materials.

  • Waste Materials means any Contamination-causing solid, semi-solid, or liquid material discarded, buried, or otherwise present on the Property, and may include sludge, slag, or solid waste materials such as empty containers and demolition debris or materials containing asbestos, lead-based paint, or petroleum or other contaminants.

  • nanomaterial means a natural, incidental or manufactured material containing particles in an unbound state or as an aggregate or as an agglomerate and where, for 50 % or more of the particles in the number size distribution, one or more external dimensions is in the size range 1-100 nm;

  • Milk means the produce of the milking of one or more cows;

  • Refined Products means gasoline, diesel fuel, jet fuel, asphalt and asphalt products, and other refined products of crude oil.

  • Aerosol coating product means a pressurized coating product containing pigments or resins that dispenses product ingredients by means of a propellant, and is packaged in a disposable can for hand-held application, or for use in specialized equipment for ground traffic/marking applications.

  • IP Materials has the meaning given to it in clause E8.1 (Intellectual Property Rights).

  • Raw Materials means all raw materials, supplies, components and packaging necessary to manufacture and ship the Product in accordance with the Specifications, as provided in Exhibit A, but not including the API.

  • Hemp products means all products made from industrial hemp,

  • Mineral Products means the commercial end products derived from operating the Property as a mine:

  • iron ore pellets means iron ore in pellet or other form produced by Pelletisation or more advanced reduction or other more advance treatment process from iron bearing material mined from the mining areas.

  • Recycled material means any material that would otherwise be a useless, unwanted or discarded material except for the fact that the material still has useful physical or chemical properties after serving a specific purpose and can, therefore, be reused or recycled.

  • Feedstock means a solid waste that will readily decompose during the composting process including but not limited to yard waste, agricultural waste, animal waste, food scraps, animal carcasses, raw rendering material, and mixed solid waste.

  • Milk product or "dairy product" means cottage cheese, dry curd cottage cheese, reduced fat cottage cheese, lowfat cottage cheese, cream, light cream, light whipping cream, heavy cream, heavy whipping cream, whipped cream, whipped light cream, sour cream, acidified sour cream, cultured sour cream, half-and-half, sour half-and-half, acidified sour half-and-half, cultured sour half-and-half, reconstituted or recombined milk and milk products, concentrated milk, concentrated milk products, skim milk, lowfat milk, frozen milk concentrate, flavored milk, eggnog, buttermilk, cultured milk, cultured lowfat milk, cultured skim milk, yogurt, lowfat yogurt, nonfat yogurt, acidified milk, acidified lowfat milk, acidified skim milk, low-sodium milk, low-sodium lowfat milk, low-sodium skim milk, lactose-reduced milk, lactose-reduced lowfat milk, lactose-reduced skim milk, aseptically processed and packaged milk, milk products with added safe and suitable microbial organisms, and any other milk product made by the addition or subtraction of milkfat or addition of safe and suitable optional ingredients for protein, vitamin, or mineral fortification. Unless a product is considered a milk product under this subdivision, milk product does not include dietary products, infant formula, ice cream or other desserts, cheese, or butter. Milk products include the following:

  • Scrap metal means ferrous or nonferrous metal, or items that contain ferrous or nonferrous metal, that are sold or offered for sale for the value of the ferrous or nonferrous metal they contain rather than their original intended use; ferrous or nonferrous metal removed from or obtained by cutting, demolishing, or disassembling a building, structure, or manufactured item; or other metal that cannot be used for its original intended purpose but can be processed for reuse in a mill, foundry, die caster, or other manufacturing facility.

  • Manufacturing Know-How means, with respect to the Product or any Variant thereof, the technology, data, designs, processes, methods, specifications and other know-how used in connection with the formulation, manufacture, labeling, packaging, quality control, release testing, and production of the Product, and all ingredients used therein and portions thereof.

  • Finished Product means a cannabis product in its final form to be sold at a retail premises.