Metal Delivery Method definition

Metal Delivery Method means the method used by the Company to discharge its Delivery Obligations as set out in the Constitution;
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Examples of Metal Delivery Method in a sentence

  • As of December 31, 2014, all these amounts are included in the consolidated balance sheet as vessel related deposits.

  • If the Metal Delivery Method applies the Company will arrange for delivery of the Bullion to the Holder in unallocated form only and otherwise in accordance with the Redemption Instructions and the Prospectus.

  • The legal interest in the Bullion transfers to the Holder on the Delivery Date if the Metal Delivery Method Applies or on the Redemption Date if the Metal Sale Method applies, and all title to the Bullion and all risks in and relating to the Bullion pass to the Holder.

  • If the Holder elected the Metal Delivery Method, the Holder becomes immediately responsible for all matters relating to the delivery or on-going storage of the Bullion and for the costs, expenses and liabilities in relation to the Bullion.

  • If the Holder elected the Metal Delivery Method, then the Holder becomes immediately responsible for all matters relating to the transfer, delivery, custody or on-going storage of the Bullion and for all costs, expenses and liabilities in relation to the Bullion.

  • Redemptions using the Metal Sale Method will follow the same procedures as the Metal Delivery Method except that the Trustee will sell Bullion to the Metal Sale Counterparty pursuant to the Metal Sale Counterparty Agreement in an amount equal to the aggregate Metal Entitlement of the Metal Securities being redeemed, calculated as at the Settlement Date (rounded down to the nearest 0.001 troy ounce, or fine troy ounce in the case of gold).

  • Redemptions using the Metal Delivery Method shall be made by the Custodian, on approval of the Trustee, by withdrawing Bullion from the Metal Accounts in an amount equal to the aggregate Metal Entitlement of the Metal Securities being redeemed, calculated as at the Settlement Date (rounded down to the nearest 0.001 troy ounce, or fine troy ounce in the case of gold), and delivering the same to the unallocated metal account of the redeeming Holder.

  • If the Holder elected the Metal Delivery Method, the Holder becomes immediately responsible for all matters relating to the delivery or on- going storage of the Bullion and for the costs, expenses and liabilities in relation to the Bullion.

  • A line crew is two (2) or more employees performing electrical system maintenance or construction and is working as an individual unit.

  • If the Holderelected the Metal Sale Method, the Holder becomes responsible and liable for the costs associated with sale of the Bullion in accordance with the Metal Sale Method.A12 Delivery of the Bullion (a) The Metal Delivery Method will apply where the Holder has elected for the Metal Delivery Method to apply by returning a completed valid Redemption Notice which specifies the Metal Delivery Method.

Related to Metal Delivery Method

  • Initial Delivery Date has the meaning set forth in Section 1.1(d).

  • Locational Deliverability Area or “LDA” shall mean a geographic area within the PJM Region that has limited transmission capability to import capacity to satisfy such area’s reliability requirement, as determined by the Office of the Interconnection in connection with preparation of the Regional Transmission Expansion Plan, and as specified in Reliability Assurance Agreement, Schedule 10.1.

  • Delivery Year means the Planning Period for which a Capacity Resource is committed pursuant to the auction procedures specified in Tariff, Attachment DD, or pursuant to an FRR Capacity Plan under Reliability Assurance Agreement, Schedule 8.1.

  • Delivery Schedule means the schedule for the delivery of Services as set forth in attached Annex 3.

  • Delivery service means the providing of electric transmission or distribution to a retail customer.

  • INTER-CONNECTION POINT/ DELIVERY/ METERING POINT means a single point at 220kV or above, where the power from the Project(s) is injected into the identified ISTS Substation (including the dedicated transmission line connecting the Projects with the substation system) as specified in the RfS document. Metering shall be done at this interconnection point where the power is injected into. For interconnection with grid and metering, the WPDs shall abide by the relevant CERC/ SERC Regulations, Grid Code and Central Electricity Authority (Installation and Operation of Meters) Regulations, 2006 as amended and revised from time to time.

  • Calling Name Delivery Service (CNDS means a service that enables a terminating End User to identify the calling Party by a displayed name before a call is answered. The calling Party’s name is retrieved from a calling name database and delivered to the End User’s premise between the first and second ring for display on compatible End User premises equipment.

  • Developmental delay means that a child has not reached developmental milestones expected for his or her chronological age as measured by qualified professionals using appropriate diagnostic instruments and/or procedures.

  • Data Universal Numbering System (DUNS) number means the 9-digit number assigned by Dun and Bradstreet, Inc. (D&B) to identify unique business entities.

  • Delivery Point means the point(s) of connection(s) at which energy is delivered into the Grid System i.e. the Interconnection Point.

  • Net metering system means a facility for the production of electrical energy that does all of the following:

  • Email has the meaning given in Clause 29.1;

  • Final Acceptance Certificate “– shall mean ISR's issuance of a signed Final Acceptance Certificate in the form attached hereto as Appendix D.