Silver Bullion definition

Silver Bullion means physical silver bullion in London Good Delivery bar form that is unencumbered, fully allocated and stored at the Silver Custodian by or on behalf of the Trust;
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Silver Bullion means silver bullion from any
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Silver Bullion means silver that meets the applicable physical specifications for good delivery and the minimum purity requirements for the applicable Exchange.
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Examples of Silver Bullion in a sentence

  • To buy and sell Gold, Silver, Bullion and other species and foreign exchange including foreign Bank notes and to undertake foreign exchange business with the permission of Reserve Bank of India.

  • November 2, 2015 Purpose Multi-Strategy Market Neutral Fund Neuberger Berman Breton Hill ULC September 13, 2013 Purpose Credit Opportunities Fund Purpose Investment Partners Inc June 30, 2014 Purpose Gold Bullion Fund N/A October 10, 2018Purpose Silver Bullion Fund* N/A June 8, 2009Purpose Bitcoin ETF N/A February 23, 2021Purpose Ether ETF N/A April 19, 2021* Silver Administrators Ltd.

  • Events After the Reporting PeriodSprott Asset Management LP (“Sprott”), together with Sprott Physical Gold Trust and Sprott Physical Silver Trust (the “Sprott Physical Trusts”), announced on May 27, 2015 that it has formally commenced its offers (the “Offers) to acquire all of the outstanding units of Central GoldTrust (“GTU”) and Silver Bullion Trust (“SBT”), respectively, on a Net Asset Value (“NAV”) to NAV exchange basis.

  • All payments of Net Smelter Returns Royalty shall be accompanied by a detailed statement explaining the calculation thereof together with any available settlement sheets receiver by Grantor from the smelter, refiner or other purchaser of Gold or Silver Bullion or Copper or Other Products.

  • Payment of the Net Smelter Returns Royalty shall be due by the last day of the month following each calendar quarter in which Gold or Silver Bullion or Copper or Other Products are sold (the “Payment Date”).

  • For all other Products produced from the Royalty Property and sold other than as Gold Bullion or Silver Bullion or Copper (“Other Products”), Net Smelter returns shall be equal to (i) the actual sales price received by Grantor from the sale of Other Products to a smelter, refiner, processor, purchaser or other recipient of such products during a calendar quarter, less (ii) the Allowable Deductions permitted in Section 5(b) below.

  • The dollar amount of the Net Smelter Returns Royalty due to Grantee for each calendar quarter shall be the product of: (i) the sum of the Net Smelter Returns for Gold and Silver Bullion for such quarter plus the Net Smelter Returns for Copper or Other Products for such quarter (ii) multiplied by the Royalty Percentage.

  • All profits and losses resulting from Grantor’s actual sale of Gold or Silver Bullion, or Grantor’s engaging in any commodity futures trading, option trading, or metals trading, or any combination thereof, and any other hedging transactions including trading transactions designed to avoid losses and obtain possible gains due to metal price fluctuations are specifically excluded from calculation of Net Smelter Returns and shall be solely for Grantor’s account.

  • Events After the Reporting PeriodThe Manager, together with the Trust and Sprott Physical Silver Trust, announced on May 27, 2015 that they formally commenced offers to acquire all of the outstanding units of Central GoldTrust (“GTU”) and Silver Bullion Trust (“SBT”), respectively, on a Net Asset Value (“NAV”) to NAV exchange basis.

  • The mass of the Silver Bullion constituting the Trust Assets to be sold will vary depending on the amount of the Trust Fees and Expenses and the market price of the Silver Bullion constituting the Trust Assets at the time of such sale.


More Definitions of Silver Bullion

Silver Bullion. “we”, “us”, “our”) and governs your use of the Silver Bullion Account on our platform. Using the services provided by Silver Bullion and by accessing, browsing and/or using the Website, means that you accept the Terms of Service contained in this User Agreement (“Agreement”) and any other documents, terms and conditions, or policies, including Silver Bullion’s Privacy Policy.
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Silver Bullion means the silver bullion obtained by refining and molding Silver.
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Silver Bullion means silver bullion refined to a form that meets good delivery standards in the London Bullion Market, or comparable terminal market.
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Silver Bullion means physical silver bullion in London Good Delivery bar form that is unencumbered, fully allocated and stored at the Silver Custodian by or on behalf of the Trust; (nnn) “Silver Custodian” means the custodian of the Silver Bullion appointed pursuant to Section 17.5 hereof and shall include the Royal Canadian Mint and any sub-custodians appointed by the Royal Canadian Mint which from time to time hold the Silver Bullion pursuant to the Storage Agreement or a separate written custodial agreement; (ooo) “Silver Redemption Notice” means a written request signed by a Unitholder, which must be guaranteed by a Canadian chartered bank, or by a medallion signature guarantee from a member of a recognized Signature Medallion Guarantee Program, as described in Section 6.1 hereof substantially in the form of Schedule E attached hereto, or in such other form as the Manager may from time to time in its sole discretion determine; (ppp) “Storage Agreement” means the silver storage agreement between the Manager, on behalf of the Trust, and the Silver Custodian, to be dated on or about the date of filing the final Disclosure Documents with the applicable Securities Authorities, as the same may be amended, restated or supplemented from time to time; (qqq) “Sub-Custodian Guidelines” has the meaning ascribed thereto in subsection 17.6(h) hereof; (rrr) “Tax Act” means the Income Tax Act (Canada) and the regulations, rules, requirements and policies promulgated thereunder, as amended from time to time; (sss) “Termination Event” has the meaning ascribed thereto in subsection 14.1(c) hereof; (ttt) “Trust” means Sprott Physical Silver Trust, a closed-end mutual fund trust established under the laws of the Province of Ontario and governed by this Trust Agreement; (uuu) “Trust Agreement” means this amended and restated trust agreement dated as of February 27, 2015 between the Manager and the Trustee, as the same may be further amended, restated, supplemented or replaced from time to time;
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Silver Bullion means (a) silver bullion bars produced by a refiner on the LBMA “Good Delivery List of Acceptable Refiners,” complying with the standards of the LBMA relating to good delivery and fineness from time to time in effect or (b) silver bullion which is suitable for a metal transfer in metal accounts at LOCO London.
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Related to Silver Bullion

  • Silver means elemental silver having an atomic weight of 107.869 and the chemical element symbol of Ag, whether found by itself or in combination with its alloys or any other metal.

  • Gold means elemental gold having an atomic weight of 196.967 and the chemical element symbol of Au, whether found by itself or in combination with its alloys or any other metal.

  • Platinum means elemental platinum having an atomic weight of 195.09 and the chemical element symbol of Pt, whether found by itself or in combination with its alloys or any other metal.

  • Cyber-bullying means bullying through the use of technology or any electronic communication, which shall include, but shall not be limited to, any transfer of signs, signals, writing, images, sounds, data or intelligence of any nature transmitted in whole or in part by a:

  • Bullion means gold, silver, or platinum in a bulk state, where its value depends on its content rather than its form, with a purity of not less than 900 parts per 1,000.

  • Copper Loop A stand-alone Local Loop comprised entirely of copper wire or copper cable. Copper Loops include two-wire and four-wire analog voice-grade Copper Loops, digital Copper Loops (e.g., DS0s and Integrated Services Digital Network lines), as well as two-wire and four-wire Copper Loops conditioned to transmit the digital signals needed to provide digital subscriber line services, regardless of whether the Copper Loops are in service or held as spares. A Copper Loop includes attached electronics using Time Division Multiplexing (TDM) technology, but does not include packet, cell or frame switching capabilities.

  • Asset Management Company/UTI AMC/AMC/Investment Manager means the UTI Asset Management Company Limited incorporated under the Companies Act, 1956, (1 of 1956) replaced by The Companies Act, 2013 (No. 18 of 2013) and approved as such by Securities and Exchange Board of India (SEBI) under sub-regulation (2) of Regulation 21 to act as the Investment Manager to the schemes of UTI Mutual Fund;

  • CAISO Global Resource ID means the number or name assigned by the CAISO to the CAISO-Approved Meter.

  • Overseas Shareholders holders of Scheme Shares who are resident in, ordinarily resident in, or citizens of, jurisdictions outside the United Kingdom;

  • Hospitality means the considerate care of guests, which may include refreshments, accommodation and entertainment at a restaurant, hotel, club, resort, convention, concert, sporting event or other venue such as Company offices, with or without the personal presence of the host. Provision of travel may also be included, as may other services such as provision of guides, attendants and escorts; use of facilities such as a spa, golf course or ski resort with equipment included;

  • Portfolio Securities or "investments" of the Series shall mean, respectively, such assets, net assets, securities, portfolio securities or investments which are from time to time under the management of the Subadviser pursuant to this Agreement.

  • BDC means a business development company under the Act.6

  • Natural Resource or “Natural Resources” shall mean land, fish, wildlife, biota, air, water, ground water, drinking water supplies, and other such resources, belonging to, managed by, held in trust by, appertaining to, or otherwise controlled by the United States or the State.

  • CFPC means the College of Family Physicians of Canada.

  • Natural uranium means uranium with the naturally occurring distribution of uranium isotopes, which is approximately 0.711 weight percent uranium-235, and the remainder by weight essentially uranium-238.

  • Harvest means the act of removing a marine species with the intention of not returning it to the water.

  • LP means the aggregate quantity of Lost Production during such Month (expressed in MWh) and

  • Natural resources means land, fish, wildlife, biota, air, water, ground water, drinking water supplies, and other such resources belonging to, managed by, held in trust by, appertaining to, or otherwise controlled by the United States or the State.

  • Asset Management Company/UTI AMC/AMC/Investment Manager means the UTI Asset Management Company Limited incorporated under the Companies Act, 1956, (1 of 1956) [replaced by The Companies Act, 2013 (No.18 of 2013)] and approved as such by Securities and Exchange Board of India (SEBI) under sub-regulation (2) of Regulation 21 to act as the Investment Manager to the schemes of UTI Mutual Fund.

  • Blackwater means wastewater contaminated by human body waste, toilet paper and any other material intended to be deposited in a receptor designed to receive urine or feces.

  • Tree means any object of natural growth.

  • Michigan strategic fund means the Michigan strategic fund as described in the Michigan strategic fund act, 1984 PA 270, MCL 125.2001 to 125.2094.

  • BlackRock means persons controlling, controlled by or under common control with BlackRock, Inc. that act as investment adviser and subadviser to the Funds.

  • Brookfield means Brookfield Asset Management Inc.;

  • GS shall have the meaning assigned to such term in the preamble to this Agreement.

  • Sales finance company means that term as defined in section 2 of the motor vehicle sales finance act, MCL 492.102.