TGIC definition
Examples of TGIC in a sentence
The Master Servicer and each Servicer shall deposit all amounts received under the TGIC Policy into the Collection Account.
The Master Servicer and the applicable Servicer shall submit all claims required to be made under the TGIC Policy in a timely fashion and shall otherwise comply with the terms of the TGIC Policy.
In addition, on or prior to the Closing Date, the Depositor shall cause TGIC to deliver the TGIC Policy to the Trustee.
If Customer refuses to accept delivery of the Precious Metals ordered or fails to make payment when due, TGIC, in its sole discretion, may cancel the transaction and resell such Precious Metals on a wholesale basis.
Except where the law prescribes a shorter applicable statute of limitation, or prohibits shortening the otherwise applicable longer statute of limitations, any claim or legal action of any kind arising in connection with or relating in any way to purchases from or sales to TGIC or any other conduct of TGIC, must be brought within one (1) year after the purchase or sale or other event giving rise to the claim or legal action.
Jurisdiction and venue for any dispute, claim or controversy arising out of or relating to this Agreement or the breach, termination, enforcement, interpretation or validity thereof, or any other interaction between TGIC and Customer, shall be in Los Angeles, California, and any party making a claim against TGIC in whatever form hereby submits to personal jurisdiction in that forum for any and all purposes.
The price TGIC charges when it sells Precious Metals is higher than the price TGIC would pay, at the same moment in time, to purchase (or buyback) the same Precious Metals from a customer.
In lieu of the proceeding provision, at TGIC’s sole option, TGIC may charge a flat 4% restocking or liquidation fee on the total price of Customer’s transaction.
The Buyer shall be entitled to rely exclusively upon any communications or writings given or executed by TGIC and shall not be liable in any manner whatsoever for any action taken or not taken in reliance upon the actions taken or not taken or communications or writings given or executed by TGIC.
The TGIC Fee shall be paid by the Trust Administrator from amounts withdrawn from the Certificate Account in accordance with Section 3.08(b)(ii).