London Good Delivery Bars definition

London Good Delivery Bars means silver bars that meet the standard measure of quality in silver bullion, as applicable, as set forth by the LBMA.
Sample 1Sample 2
London Good Delivery Bars means gold and silver bars that meet the standard measure of quality in gold bullion as set forth by the London Bullion Market Association.
Sample 1Sample 2Sample 3
London Good Delivery Bars means gold or silver bars which are defined in and meet the standards and specifications of the LBMA;
Sample 1Sample 2Sample 3

Examples of London Good Delivery Bars in a sentence

  • Because Plaintiffs’ malpractice claim accrued before July 14, 2006, the Nebraska statute of limitations applies.

  • The Fund invests in and holds primarily pure, refined and unencumbered gold bullion on a long-term basis in 1,000 grams London Good Delivery Bars.

  • The physical commodity will be stored as London Good Delivery Bars and kept in the vault of a custodian on an allocated basis.

  • The Gold Bullion so acquired is in the form of London Good Delivery Bars, which Gold Bullion is retained in safe custody with the Custodian pursuant to the Custody Agreement; and • allowing the holders of Gold Bullion Debentures to either trade same in the Exchange Traded Funds sector of the JSE or GSE (following a secondary listing in 2012) or, following the proposed Secondary Listing, on the NSE.

  • Gold bars meeting these requirements are described in this report from time to time as "London Good Delivery Bars." The unit of trade in London is the troy ounce, whose conversion between grams is: 1,000 grams = 32.1507465 troy ounces and 1 troy ounce = 31.1034768 grams.

  • The Refined Gold and Refined Silver shall be delivered to the Buyer in the form of London Good Delivery Bars, which shall conform to the stated requirements for good delivery by the LBMA.

  • It is the seller’s option, as the principle of fungibility is that all London Good Delivery Bars are equal.

  • Fund FactsIssuerNewGold Issuer LimitedManagerNewGold Manager (Pty) LtdOriginatorsAbsa Bank Limited acting through the Absa Corporate and Investment Banking divisionListingJSE Limited (JSE)SectorExchange Traded FundJSE CodeGLDISINZAE000060067Gold EntitlementApproximately 1/100th one fine troy ounce of goldInvestment RationaleGLD are designed to track the spot gold price less management fees The Underlying Assets Allocated Gold All gold is kept in the form of 400 oz London Good Delivery Bars.

  • Gold and silver bars produced in Russia The Group processes most of its final mine-site products (doré and precipitate) produced in Russia (at Dukat, Khakanja, Voro, and Omolon) into London Good Delivery Bars prior to sale.

  • It holds so-called London Good Delivery Bars (“London Bars”)3 and other gold bars and coins, without numismatic value, with a minimum fineness (or purity) of 995 parts per 1,000 (99.5%) or American Gold Eagle gold coins with a minimum fineness of 91.67% (“American Gold Eagle Coins”) (collectively, “Gold”)4; any Gold other than London Bars will be held solely for delivery to investors who would like to take delivery thereof in exchange for their Shares.


More Definitions of London Good Delivery Bars

London Good Delivery Bars means silver bars that meet the standard measure of quality in silver bullion as set forth by the London Bullion Market Association.
Sample 1

Related to London Good Delivery Bars

  • Delivery service means the providing of electric transmission or distribution to a retail customer.

  • Delivery ex stock means immediate delivery directly from stock actually on hand.

  • Calling Name Delivery Service (CNDS means a service that enables a terminating End User to identify the calling Party by a displayed name before a call is answered. The calling Party’s name is retrieved from a calling name database and delivered to the End User’s premise between the first and second ring for display on compatible End User premises equipment.

  • Delivery Point means the point(s) of connection(s) at which energy is delivered into the Grid System i.e. the Interconnection Point.

  • Delivery Time means the time for Delivery stated in the Purchase Order.

  • Delivery Term has the meaning set forth in Section 1.1(b).