Registered Bar definition

Registered Bar means a whole bar of Metal, and not a fraction of a bar of Metal, which is recorded in the Holding as exclusive property of a particular Client and in which no other person has any share.
View Source
Registered Bar means a whole bar of Metal, and not a fraction of a bar of Metal, which is marked and recorded as the property of a particular Customer, in which no other person has an interest, save for GoldMoney in respect of any fees or charges due to it and in accordance with this Agreement;
View Source

Examples of Registered Bar in a sentence

  • When you do so, the specific Registered Bar you select becomes your exclusive property.

  • You will be able to release the Registered Bar at any time by giving us instructions through your Holding or by telephone to our Relationship Management team.

  • Your ownership of the reserved Registered Bar will be evidenced by the record on your Holding, which will record the quantity of Registered Bars held by you or on your behalf (as the case may be) at the Vault, which quantity is expressed in whole bars together with corresponding bar serial numbers.

  • You will be able to release the Registered Bar at any time by giving us instructions through your Holding or subject to our approval, by telephone to our Relationship Management team.

  • Your ownership of the reserved Registered Bar will be evidenced by the record in your Holding, which records the quantity of Registered Bars owned by you at the Vault.

  • Title of Metal stored as a Registered Bar shall at all times vest in the owner of each Registered Bar.