Metal Agent definition

Metal Agent means Deutsche Bank AG, London Branch and any successor or replacement thereto.
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Metal Agent means, as at the date hereof, in relation to The Royal Mint Physical Gold ETC Securities, The Royal Mint Limited and any other person as may be party to a Metal Agent Agreement with the Issuer.
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Metal Agent means Deutsche Bank AG, London branch or such other person or persons as provide services to the Issuer in relation to the issue and Redemption of Industrial Metal Securities and/or the sale and administration of LME Physical Metal represented by Warrants and/or Warehouse Physical Metal represented by Warehouse Receipts pursuant to a Metal Agent Agreement
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Examples of Metal Agent in a sentence

  • If the Issuer’s inability to pay the Final Redemption Amount on the Scheduled Maturity Date is solely due to the Final Metal Redemption Amount falling below the Minimum Debt Amount, the Issuer may not have any further rights against the Metal Agent and/or the Programme Counterparty which could be enforced and therefore there may not be any proceeds of enforcement of the Security.All such payments are also subject to the limited recourse provisions of Condition 6(g).

  • If the Issuer’s inability to pay the Early Redemption Amount on the Early Redemption Date is solely due to the Early Metal Redemption Amount falling below the Minimum Debt Amount, the Issuer may not have any further rights against the Metal Agent and/or the Programme Counterparty which could be enforced and therefore there may not be any proceeds of enforcement of the Security.All such payments are also subject to the limited recourse provisions of Condition 6(g).

  • The Metal Agent shall be permitted to deduct such bid/offer spread and any Taxes arising from or connected with any such realisation from the actual proceeds of the realisation and shall not be liable to account for anything except the actual proceeds of any such realisation received by it after such deductions.

  • The Issuer’s ability to pay the Final Redemption Amount or the Early Redemption Amount on the Scheduled Maturity Date or Early Redemption Date (as applicable) is dependent on its receipt of the disposal proceeds of the Underlying Metal from the Metal Agent.

  • Therefore, Securityholders of a Series are exposed to the creditworthiness of the Metal Agent in respect of the disposal proceeds of the Underlying Metal.Risk FactorsAn investment in the ETC Securities involves a significant degree of risk and prospective investors should read carefully and ensure they understand the section entitled “Risk Factors”.

  • Subject as provided above, in carrying out any realisation, the Metal Agent will act in good faith and a commercially reasonable manner and will sell at a price which it reasonably believes to be representative of the fair market price of Underlying Metal being disposed of in the relevant transaction.

  • The Issuer has authorised and directed the Secured Account Custodian to deliver the Underlying Metal held by the Secured Account Custodian or Sub-Custodian to, or to the order of, the Metal Agent upon the occurrence of the first day of a Redemption Disposal Period, to the extent necessary to effect the realisation of the Underlying Metal.

  • The Metal Agent may charge a bid/offer spread in respect of each realisation of the Underlying Metal, provided that such bid/offer spread is representative of the bid/offer spread that would generally arise on a realisation by the Metal Agent of a similar type and for a similar amount of Metal.

  • The Issuer shall indemnify the Metal Agent for any Taxes arising from or connected with any such realisation which are borne by the Metal Agent and which the Metal Agent has not deducted from the actual proceeds of such realisation.

  • Without prejudice to anything in this Condition 6(d)(i), the Metal Agent shall use reasonable efforts to realise the Underlying Metal in such a way as to minimise any VAT which may be charged, withheld or deducted on the realisation thereof which would reduce the net realisation proceeds (as compared to the position if no VAT were due), save that nothing in this Condition 6(d)(i) shall require the Metal Agent to minimise any such VAT in a manner which would itself reduce the net realisation proceeds.


More Definitions of Metal Agent

Metal Agent means Deutsche Bank AG, London branch or such other person or persons as provide services to the Issuer in relation to the issue and Redemption of Industrial Metal Securities and/or the sale and administration of LMS Warrants and/or Warehouse Receipts pursuant to a Metal Agent Agreement;
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Metal Agent means Metalor Technologies SA, a company incorporated and registered in Switzerland (registered number CHE-101.677.0399) with registered office at Route de Perveuils 8, 2074, Marin – Epagnier, Neuchatel, Switzerland;
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Metal Agent means Heraeus, a company organised under the laws of the Germany, whose principal place of business in Germany is Heraeusstr. 12-14, 63450 Hanau;
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Related to Metal Agent

  • Supplemental Agent has the meaning set forth in Section 9.14(a) and “Supplemental Agents” shall have the corresponding meaning.

  • Security Agent means the Bond Trustee or any successor Security Agent, acting for and on behalf of the Secured Parties in accordance with any Security Agent Agreement or any other Finance Document.

  • Financial agent means any individual acting for and by himself or herself, or any two or more individuals acting together or cooperating in a financial way to aid or take part in the nomination or election of any candidate for public office, or to aid or promote the success or defeat of any political party at any election.

  • the Agent means the estate agency described at paragraph 5 of the Schedule;

  • Agent means any Registrar or Paying Agent.

  • Global Agent has the meaning specified in the preamble, and any duly qualified and appointed successor or successors of U.S. Bank thereto.

  • Delivery Agent means, in relation to any Series of Covered Bonds that contemplates physical settlement, the financial institution appointed as delivery agent for the purposes of such Covered Bonds and named as such in the applicable Final Terms;

  • Lead Agent has the meaning given to it above;

  • Biological agent means any pathogenic (disease producing) micro-organism(s) and/or biologically produced toxin(s) (including genetically modified organisms and chemically synthesized toxins) which cause illness and/or death in humans, animals or plants.

  • Collateral Agent as defined in the preamble hereto.

  • Consignor means a person that delivers goods to a consignee in a consignment.

  • Contracting agent means the governing body of a

  • Distributor representative means a representative similarly employed by a distributor, distributor branch, or wholesaler.

  • Sub-Agent means Citibank International plc.

  • Energy agent means a person that is duly registered pursuant to

  • Creditor Representative means, with respect to Series 2021-1, the Indenture Trustee.

  • Administrative Agents the collective reference to the General Administrative Agent and the Canadian Administrative Agent.

  • Special agent means an employee of the Department of Alcoholic Beverage Control whom the

  • Additional Agent means any one or more agents, trustees or other representatives for or of any one or more Additional Credit Facility Creditors, and shall include any successor thereto, as well as any Person designated as an “Agent” under any Additional Credit Facility.

  • Consignee means the person to whom the goods are required to be delivered as specified in the Contract. If the goods are required to be delivered to a person as an interim consignee for the purpose of dispatch to another person as provided in the Contract then that "another" person is the consignee, also known as ultimate consignee.

  • Contractor Representative means any of the following:

  • tied agent means a natural or legal person who, under the full and unconditional responsibility of only one investment firm on whose behalf it acts, promotes investment and/or ancillary services to clients or prospective clients, receives and transmits instructions or orders from the client in respect of investment services or financial instruments, places financial instruments or provides advice to clients or prospective clients in respect of those financial instruments or services;

  • authorised agent means a passenger sales agent who has been appointed by us to represent us in the sale of air transportation on our services.

  • Collateral Agents means the Credit Agreement Collateral Agent, the Initial Additional First Lien Collateral Agent and each Additional Collateral Agent.

  • Fiscal Agent ABN AMRO Bank N.V., a Netherlands banking corporation in its capacity as fiscal agent of the Trustee, or its successor in interest, or any successor fiscal agent appointed as herein provided.

  • ABL Administrative Agent means Bank of America in its capacity as administrative agent and collateral agent under the ABL Facilities Documentation, or any successor administrative agent and collateral agent under the ABL Facilities Documentation.