Vaulted definition
Examples of Vaulted in a sentence
This Physical Redemption Form relates to the [Class A][Class F][Class F-1] Gold Deposit Receipts issued by Vaulted Gold Bullion Trust (CUSIP # [●]).
This Physical Redemption Form relates to the [Class] Gold Deposit Receipts issued by Vaulted Gold Bullion Trust (CUSIP # [●]).
If You own the Vaulted Holdings in the Account together with another person or persons (individually, the "Owner" and collectively, the "Owners"), You agree, jointly and individually, that all Vaulted Holdings in the account are held as Joint Tenants with Rights of Survivorship and not as Tenants in Common.
You, the Owner(s) individually and severally hereby agree to indemnify and hold the Vault harmless from any liability or damage the Vault may incur in complying with the written instructions provided for herein, including the delivery, deposit, withdrawal, pledging or transfer of the Vaulted Holdings held in the Account, including reasonable attorney's fees and costs.
The Vaulted Holdings will be held by the Vault in the Account, at its facility, as a bailment, off its balance sheet, on a “Said-to-Contain” basis in accordance with these terms and conditions.
To avoid doubt, if upon the default notice You fail to make payment of all fees and charges due and outstanding, as specified in the default notice, then the Vault has the right to sell all or portions of the Vaulted Holdings, even if the such Vaulted Holdings are worth more than the amount owed, in order to satisfy the delinquency.
The Vault offers non-segregated storage service whereby the Vault will place and physically store your Vaulted Holdings in a commingled vault, where the Vaulted Holdings will become fungible with assets in the same class stored for other Vault customers.
You agree that the Primary Owner listed on the account is the agent for the other, and that each is authorized to act individually under the terms and conditions of this Agreement, including exercising the authority to receive, deposit, withdraw or transfer Vaulted Holdings held in the Account at any time.
Except as provided in the Vaulted Content Removal Agreement described in Section 6 below, the Post Production Services (“PPS”) Agreement is hereby terminated, irrespective of the Parties’ views as to whether the agreement expired at an earlier date.
The Vault is not and will not be responsible for the actual content or weight, authenticity, market value, or accuracy of the identifying labels and/or markings on any Vaulted Holdings You may deposit in, or have deposited in, the Account.