Vault Operators definition

Vault Operators means one or more service providers appointed by us (or our agent) in accordance with clause 8 to store gold on behalf of our customers.
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Examples of Vault Operators in a sentence

  • All storage agreements with Vault Operators are entered by Gold Farm, that operates as a segregated entity for dealing with customer deposits and withdrawals of precious metals for the protection of Gold Farm customer deposits and withdrawals.

  • All storage agreements with Vault Operators are entered into by BGVI, a wholly owned subsidiary of GoldMoney Inc that operates as a segregated entity for the purpose of dealing with customer deposits and withdrawals of Gold or currency for the protection of Goldmoney customer deposits and withdrawals.

  • However, in addition to this the system sends an encrypted copy of full ownership records to remote data vaults identified to AUX’s auditors, Custodian and Vault Operators, ensuring that data loss is a temporary inconvenience, not a disaster.

  • You accept the Vault Operator(s) engaged by AUX for each metal and storage location.

Related to Vault Operators

  • Market Operator means a person or persons who manages and/or operates the business of a regulated market. The market operator may be the regulated market itself;

  • DRIVER / OPERATOR means an individual possessing sound mental and physical health who must be in possession of an appropriate professional Driving License and

  • airport operator A natural or legal person authorized to manage or operate an airport. “Airport Tax” It is the amount charged to a Passenger for the use of the airport facilities that can be collected by THE CARRIER with prior authorization, either on the ticket or at each airport, and must be paid by the Passenger. “Airway Ticket or Ticket” (GENERAL DEFINITION). It is the document issued by THE CARRIER or its Authorized Agent as written proof of the transportation agreement. The term that will be used in this Agreement is ticket.

  • Market Operations Center means the equipment, facilities and personnel used by or on behalf of a Market Participant to communicate and coordinate with the Office of the Interconnection in connection with transactions in the PJM Interchange Energy Market or the operation of the PJM Region.

  • Operators means the Access Provider and the Access Seeker collectively.

  • aircraft operator means a person that operated at least 729 commercial air transport flights departing from Union airports in the reporting period or, where that person may not be identified, the owner of the aircraft;

  • Operator means the operator of an internet website, online service, online application, or mobile application with actual knowledge that the site, service, or application is used for K–12 school purposes. Any entity that operates an internet website, online service, online application, or mobile application that has entered into a signed, written agreement with an LEA to provide a service to that LEA shall be considered an “operator” for the purposes of this section.

  • Storage operator means a person holding or applying for a permit.

  • Meter Operator means a party appointed for the purposes of the BSC, to:

  • tour operator means an organiser or retailer, other than the carrier, within the meaning of Article 2(2) and (3) of Directive 90/314/EEC;

  • Supplier Operations means all assets, processes and systems (including information systems), data (including Customer data), personnel, and sites, used or processed by Supplier from time to time in the performance of this Agreement.

  • Reasonable and Prudent Operator means a person seeking in good faith to perform its contractual obligations and, in the process of doing so and in the overall conduct of its whole undertaking exercising that degree of diligence, skill, prudence and foresight which can reasonably and ordinarily be expected from a skilled and experienced operator engaged in the same type of undertaking under the same or similar circumstances complying with all applicable Laws, and any reference to the standard of a Reasonable and Prudent Operator means such degree of diligence, skill, prudence and foresight as aforesaid.

  • economic operators means the manufacturer, the authorised representative, the importer and the distributor;

  • Terminal means a device authorized by a Party Lottery to function in an on-line, interactive mode with the lottery's computer gaming system for the purpose of issuing lottery tickets and entering, receiving, and processing lottery transactions, including purchases, validating tickets, and transmitting reports.

  • Reception center means a business that:

  • Operating Area means those areas on-shore in India in which company or its affiliated company may from time to time be entitled to execute such services/operations.

  • Firefighter means any regular, paid or volunteer, member of a lawfully constituted fire department of a municipal corporation, township, fire district, or village.

  • janitorial services means those cleaning and caretaking services

  • Pipelines means those pipelines within the Storage Facility that connect the Tanks to one another and to the receiving and delivery flanges of the Storage Facility.

  • Generation Operations Center means the location of Buyer’s real-time operations personnel.

  • Transporter means a person engaged in the off-site transportation of hazardous waste by air, rail, highway, or water.

  • Generator Operator means the Person that Operates the Generating Facility and performs the functions of supplying electric energy and interconnected operations services within the meaning of the NERC Reliability Standards.

  • Lessors means a lessor under a Superior Lease.

  • Joint Operations means those operations and activities carried out by Operator pursuant to this Agreement, the costs of which are chargeable to all Parties.

  • Transporter(s) means all Gas gathering or pipeline companies, or local distribution companies, acting in the capacity of a transporter, transporting Gas for Seller or Buyer upstream or downstream, respectively, of the Delivery Point pursuant to a particular transaction.

  • independent operator means undertakings other than authorised dealers and repairers which are directly or indirectly involved in the repair and maintenance of vehicles, in particular repairers, manufacturers or distributors of repair equipment, tools or spare parts, publishers of technical information, automobile clubs, roadside assistance operators, operators offering inspection and testing services, operators offering training for installers, manufacturers and repairers of equipment for alternative fuel vehicles;