Segregated Storage definition

Segregated Storage means storage in one fire area of a building or structure, but with physical detachment from incompatible materials by approved partitions or walls, or with containment in a tank.
Segregated Storage. If you select Segregated Storage, Your Bullion product(s) will be stored separate and apart from Bullion owned by other DDSC customers. Due to its unique space, labor, and auditing requirements, storage fees associated with Segregated Storage are substantially higher than Non-Segregated Storage. The fees charged for Non-Segregated and Segregated Storage are set forth in the Fee Schedule attached to this Agreement.
Segregated Storage means tankage at the Terminal available for the Commodities and which do not simultaneously contain ********** of any third party at the time the Commodities are in such tankage.

Examples of Segregated Storage in a sentence

  • Subject to these Terms and Conditions, upon DDC’s receipt of proper written instructions, DDC shall deliver or release to Customer or its designee the exact same Precious Metals as were delivered by Customer to DDC for Segregated Storage and not previously delivered or released to Customer or its designee.

  • Any person identifying himself or herself as an Authorized Representative of a Customer and who is identified on such current list of the Customer shall have the right to effect transactions under the Consignment Facility, the Gold Loan Facility, the Forward Contract Facility, the Segregated Storage Facility and this Agreement.

  • All Segregated Storage Facilities shall terminate on the Maturity Date or on such earlier date as the Metal Lender accelerates the Obligations by reason of the occurrence of an Event of Default hereunder.

  • All Precious Metal currently located in the Segregated Storage Facility pursuant to the Original Agreement shall constitute Stored Precious Metal for the purposes of this Agreement.

  • From time to time, WAM may receive reasonable written instructions from the Metal Lender specifying that a quantity of Stored Precious Metal shall be delivered to the Metal Lender or to a third party located in the continental United States and within a 100-mile radius of the Segregated Storage Facility and designated by the Metal Lender in accordance with such instructions.

  • WAM and the Metal Lender agree and intend that all Stored Precious Metal within the Segregated Storage Facility shall be owned solely by the Metal Lender.

  • The Segregated Storage Facility shall terminate on the Maturity Date or on such earlier date as the Metal Lender accelerates the Obligations by reason of the occurrence of an Event of Default hereunder.

  • Each quarterly installment of the annual storage charge for Segregated Storage shall be the greater of: (i) the Quarterly Segregated Storage Rate for such quarter; or (ii) $60.

  • In addition, either WAM or the Metal Lender may at any time on thirty (30) days prior written notice to the other terminate the Segregated Storage Facility.

  • Each request by a Customer or the Customer Agent to the Metal Lender for the delivery of Precious Metal under the Consignment Facility, Gold Loan Facility and the Segregated Storage Facility, and for a Forward Contract under the Forward Contract Facility, shall be deemed to be a representation and warranty to the Metal Lender that the respective conditions specified in Section 6.02 for such Consignment and/or Forward Contract have been satisfied.


More Definitions of Segregated Storage

Segregated Storage. I authorize and direct DDSC to physically set apart my bullion assets from the bullion assets of other DDSC customers. *The attached Fee Schedule sets forth the current storage fees applicable to Non-Segregated Storage and Segregated Storage. Note: Segregated Storage is unavailable for Foreign Storage. Domestic or Foreign Bullion Storage (check only one) DDSC offers Domestic or Foreign Bullion Storage. If you select Domestic Storage, your bullion assets will be stored and safeguarded within DDSC’s facilities in Delaware and/or in Nevada . If you select Foreign Storage, DDSC will arrange to have your bullion assets stored in one of its sub-custodian’s vaults in Canada and/or Switzerland, at your election. Domestic Storage: I authorize and direct DDSC to store my bullion assets in DDSC’s facilities located in ☐ Delaware and/or in ☐ Nevada. Foreign Storage: I authorize and direct DDSC to store my bullion assets in Canada and/or in Switzerland. I understand that there may be additional risks, legal and tax requirements, and costs associated with shipments to, delivery from, and storage of, your bullion assets in a foreign country. I also understand that DDSC cannot offer me investment, financial, legal, or tax advice regarding Foreign Storage or on any other subject matter. DDSC will administer Foreign Storage at its offices in Wilmington, Delaware. Information Recipient (e.g.: relative, broker, etc.) Name of Recipient Telephone # Email Address In designating an Information Recipient, You authorize and direct DDSC to release information about your Account to the Information Recipient identified above. See paragraph 4.4 of account agreement for applicable terms. Signature/Acknowledgment of Account Agreement I certify that the information provided above is true and accurate, and I agree to update DDSC on any changes in that information. By signing below, I/we acknowledge that I/we reviewed and agree to the accompanying Non-Commercial Depository Account Agreement as amended from time to time and posted on xxx.XxxxxxxxXxxxxxxxxx.xxx.
Segregated Storage. I authorize and direct DDSC to physically set apart my bullion assets from the bullion assets of other DDSC customers. *The attached Fee Schedule sets forth the current storage fees applicable to Non-Segregated Storage and Segregated Storage. Note: Segregated Storage is unavailable for Foreign Storage or for California Storage. Domestic or Foreign Bullion Storage (check only one) DDSC offers Domestic or Foreign Bullion Storage. If you select Domestic Storage, your bullion assets will be stored and safeguarded within DDSC’s facilities in the United States. If you select Foreign Storage, DDSC will arrange to have your bullion assets stored in one of its sub- custodian’s vaults in Canada and/or Switzerland, at your election. Domestic Storage: I authorize and direct DDSC to store my bullion assets in DDSC’s facilities in Delaware or in California.
Segregated Storage means that your precious metals are stored separately from other accounts in individual boxes assigned to each client.
Segregated Storage. The storage of RIHT's Precious Metal in a vault located at Borrower's principal office, such Precious Metal located therein to be in the form as originally delivered by RIHT to customer and to be physically segregated from the Borrower's other Precious Metal in such vault, if any, by means of a physical barrier acceptable to RIHT." "Spot Value. At any time, with respect to the calculation of the Dollar value of Precious Metal, (a) in all cases in which the Borrower is purchasing Precious Metal or in which the value of Consigned Precious Metal or Segregated Precious Metal is being calculated (for purposes of determining the Consignment Limit or Segregated Storage Limit, as the case may be), RIHT's "ask" spot quotation for Precious Metal at such times times the number of ounces of such Precious Metal and (b) in all cases in which RIHT is purchasing Precious Metal, RIHT's "bid" spot quotation for Precious Metal at such time times the number of ounces of such Precious Metal."
Segregated Storage means a system whereby User's Commodities are stored without other grades of Commodities being stored in the same tank at the same time (except for "bottoms").

Related to Segregated Storage

  • Segregated facilities, as used in this provision, means any waiting rooms, work areas, rest rooms and wash rooms, restaurants and other eating areas, time clocks, locker rooms and other storage or dressing areas, parking lots, drinking fountains, recreation or entertainment areas, transportation, and housing facilities provided for employees, that are segregated by explicit directive or are in fact segregated on the basis of race, color, religion, or national origin because of habit, local custom, or otherwise.

  • Segregated Account direction means the Advisory Committee will establish a segregated Account for the applicable contributions made on the Participant's behalf during the Plan Year. The Trustee must invest the segregated Account in Federally insured interest bearing savings account(s) or time deposits, or a combination of both, or in any other fixed income investments, unless otherwise specified in the Employer's Adoption Agreement. As of the last day of each Plan Year (or, if earlier, an allocation date coinciding with a valuation date described in Section 9.11), the Advisory Committee will reallocate the segregated Account to the Participant's appropriate Account, in accordance with Section 3.04 or Section 4.06, whichever applies to the contributions.

  • Transit vehicle means a bus, rapid transit vehicle, railroad car, street railway car, water vehicle, taxicab, or other type of public transportation vehicle or individual unit, whether operated singly or in a group that provides public transportation.

  • Seller Account shall have the meaning set forth in the preamble of this Agreement.

  • Operating Accounts shall have the meaning ascribed to it in Section 4.03.A.

  • deposits townsite means the townsite to be established on or near the mining areas pursuant to this Agreement;

  • Transit village means a community with a bus, train, light rail,

  • Client Accounts means accounts of Clients (i) that are Controlled by an Access Person and (ii) in which no Access Person has a substantial proportionate economic interest; provided that, the Client pays a management, advisory or any other similar arms-length fee to the Access Person and the beneficiary of the Client Account is not an Immediate Family member of an Access Person.

  • Storm water or wastewater collection system means piping, pumps, conduits, and any other equipment necessary to collect and transport the flow of surface water run-off resulting from precipitation, or domestic, commercial, or industrial wastewater to and from retention areas or any areas where treatment is designated to occur. The collection of storm water and wastewater does not include treatment except where incidental to conveyance.

  • Segregation means sorting and separate storage of various components of solid waste namely biodegradable wastes including agriculture and dairy waste, non biodegradable wastes including recyclable waste, non- recyclable combustible waste, sanitary waste and non recyclable inert waste, domestic hazardous wastes, and construction and demolition wastes ;

  • Special Accounts means the accounts referred to in Section 2.02 (b) of this Agreement;

  • Personal vehicle means a vehicle that is:

  • Segregated ballast means the ballast water introduced into a tank which is completely separated from the cargo oil and oil fuel system and which is permanently allocated to the carriage of ballast or to the carriage of ballast or cargoes other than oil or noxious substances as variously defined in the Annexes of the present Convention.

  • Wastewater collection system means the sewer and pumping system used for the collection and conveyance of domestic, commercial and industrial wastewater; and

  • Lockboxes has the meaning set forth in Section 2.7.

  • Retirement Accounts has the meaning ascribed thereto in Section 2.1(F)(7) hereof.

  • Deposit Account Control Agreements means, with respect to each deposit account that is required by the Collateral Agreement to be subject to a control agreement, a deposit account control agreement executed by the Borrower, the Administrative Agent as the secured party thereto, and the deposit bank, as each may be amended, restated, supplemented or otherwise modified from time to time.

  • Property management system means the Contractor’s system or systems for managing and controlling Government property.

  • Separate Accounts means the accounts which are to be prepared for each

  • Client Account means the unique personalized account of the Client consisting of all Completed Transactions, Open Positions and Orders on the Platform, the Balance of the Client money and deposit/withdrawal transactions of the Client money. It is understood that the Company may use the term Trading Account or Account on its Website or communications, which shall mean your Client Account.

  • Government Accounts means Accounts on which any federal or state governmental unit or any intermediary for any federal or state governmental unit is the Account Debtor.

  • Lockbox Accounts means the accounts maintained by Borrower at the Lockbox Banks into which all collections or payments on their Accounts and other Collateral are paid.

  • Customer Property means the property, other than real property and IPR, including any equipment issued or made available to the Supplier by the Customer in connection with this Call Off Contract;

  • Lockbox Account shall have the meaning set forth in Section 2.7.1 hereof.

  • Operating Account means a demand deposit account maintained at the Funding Bank in Borrower's name and designated for funding that portion of each Eligible Loan not funded by a Warehousing Advance made against that Eligible Loan and for returning any excess payment from an Investor for a Pledged Loan or Pledged Security.

  • Transient merchant means any person who engages in a temporary or itinerant merchandising business and in the course of such business hires, leases or occupies any building or structure whatsoever, or who operates out of a vehicle which is parked anywhere within the City limits. Temporary association with a local merchant, dealer, trader or auctioneer, or conduct of such transient business in connection with, as a part of, or in the name of any local merchant, dealer, trader or auctioneer does not exempt any person from being considered a transient merchant.