Physical Silver definition
Examples of Physical Silver in a sentence
The trust hereby created shall be known as the “Sprott Physical Silver Trust” or such other name as the Manager may from time to time designate and the Trust may at any time adopt a French version of its name at the sole discretion of the Manager.
The parties shall provide and maintain the necessary operating equipment, software and services for the transmission, receipt, compilation, recording and storage of messages.
ROYAL CANADIAN MINT SPROTT ASSET MANAGEMENT LP, by its general partner, SPROTT ASSET MANAGEMENT GP INC., in its capacity as the manager of Sprott Physical Silver Trust.
Sprott Physical Silver Trust may waive any of the following conditions in whole or in part at any time and from time to time, without prejudice to any other rights which Sprott Physical Silver Trust may have.
The Offeror, Sprott Physical Silver Trust and the Manager believe such legal proceeding is wholly without merit, are opposing it, and have issued a counter-application to, among other things, challenge the SBT Trustees' authority to make the purported amendments to the SBT Declaration of Trust.
None of the Sprott Trustees or the SBT Trustees shall be subject to any personal liability for any debts, liabilities, obligations, claims, demands, judgements, costs, charges or expenses (including legal expenses) against or with respect to Sprott Physical Silver Trust or Silver Bullion Trust, as applicable, or with respect to the affairs of Sprott Physical Silver Trust or Silver Bullion Trust, as applicable.
The obligations of Sprott Physical Silver Trust hereunder are subject to the satisfaction, at or before the Closing Time, of the following conditions for the exclusive benefit of Sprott Physical Silver Trust and Sprott Physical Silver Trust may assert any of the following conditions at any time, regardless of the circumstances giving rise to such assertion (including any action or inaction by Sprott Physical Silver Trust).
No expenses will be charged to SBT, the Offeror, Sprott Asset Manager LP, Sprott Physical Silver Trust or the Dealer Manager by any Member.
The parties agree to allocate such consideration among the SBT Assets in such manner as is determined by Sprott Physical Silver Trust.
In connection with the legal proceeding, undertakings have been given that the Offeror, Sprott Physical Silver Trust and the Manager will not, pending the hearing of the application on July 29, 2015: (a) take-up or pay for any SBT Units deposited under the Offer; or (b) take any steps to exercise any rights or powers (including to vote) under the powers of attorney or proxies granted in connection with the deposit of SBT Units under the Offer.