Vault Operator definition

Vault Operator means a specialist storage organisation engaged by ABX to provide Bullion storage, infrastructure, transportation and insurance services; and
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Vault Operator means a specialist storage organisation engaged by GSC to provide Precious Metals storage, infrastructure, transportation and insurance services;
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Vault Operator means The Safe House SG Pte Ltd.
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Examples of Vault Operator in a sentence

  • You authorise us to act as bailee on your behalf and to provide instructions to the Vault Operator and insurance company in such capacity.

  • Goldmoney confirms to you that, in each storage agreement, the Vault Operator agrees to provide Goldmoney with documentary evidence of insurance.

  • You authorize us to act as bailee and to provide instructions to the Vault Operator and insurance company in such capacity under the terms of the bailment.

  • You may, by initiating a withdrawal request via the Kasih AP Gold Platform, together with such identifying information as requested by Kasih AP Gold and on behalf of the Vault Operator, at any time request physical delivery of your gold to you, provided that you hold sufficient gold (as specified in clause 9.2) and subject to the withdrawal limits described below.

  • Any storage agreement entered by Gold Farm with a Vault Operator provides that allocated precious metals will be specifically identified and physically segregated always.

  • The responsibility for the physical storage and safekeeping of your bullion lies with the Vault Operator.

  • Gold Farm confirms to you that, in each storage agreement, the Vault Operator agrees to provide Gold Farm with documentary evidence of insurance.

  • All physical precious metals purchased by you will be stored in the Vault Operator of our choice upon purchasing the metal using your Gold Farm Account.

  • All physical Gold purchased by you will be stored in the Vault Operator of your choice upon purchasing the metal using your Goldmoney Personal or Business Account.

  • The balance of precious metals in your Gold Farm Account quantifies your interest in the bars of allocated, segregated, identifiable, precious metals stored at the Vault Operator on behalf of Gold Farm’s customers.


More Definitions of Vault Operator

Vault Operator means a specialist storage organisation engaged by BC to provide Bullion storage, infrastructure, transportation and insurance services; and
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Vault Operator means a professional organization of the highest reputation which is in the business of managing the receipt, storage and re-delivery of Gold Bullion according to the practices of a local professional bullion market and is appointed by the LP.
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Related to Vault Operator

  • 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;

  • 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.

  • 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;

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

  • 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.