Accrual of Obligation. Payor's obligation to pay the royalty shall accrue and become due and payable upon the sale or shipment from the Property of unrefined metals, dore metal, concentrates, ores or other Minerals or Minerals products or, if refined metals are produced, upon the outturn of refined metals meeting the requirements of the specified published price to Payor's account.
Appears in 9 contracts
Samples: Exploration Lease With Option to Purchase, Property Lease With Option to Purchase Agreement (Kore Resources Inc.), Option to Purchase and Purchase Agreement (Big Bear Mining Corp.)
Accrual of Obligation. Payor's ’s obligation to pay the royalty shall accrue and become due and payable upon the sale or shipment from the Property of unrefined metals, dore metal, concentrates, ores or other Minerals or Minerals products or, if refined metals are produced, upon the outturn of refined metals meeting the requirements of the specified published price to Payor's ’s account.
Appears in 3 contracts
Samples: Definitive Agreement (Nevada Canyon Gold Corp.), Exploration Lease Agreement (Nevada Canyon Gold Corp.), Exploration Lease and Option to Purchase Agreement (Nevada Canyon Gold Corp.)
Accrual of Obligation. Payor's obligation to pay the royalty shall accrue and become due and payable upon the sale or shipment from the Property of unrefined metals, dore metal, concentrates, ores or other Minerals or Minerals products or, if refined metals are produced, upon the outturn of refined metals meeting the requirements of the specified published price to Payor's account.
Appears in 3 contracts
Samples: Property Acquisition Agreement (Braden Technologies Inc), Property Option Agreement (Lincoln Gold Corp), Property Option Agreement (Lincoln Gold Corp)
Accrual of Obligation. Payor's obligation to pay the royalty Royalty shall accrue and become due and payable upon the sale or shipment from the Property of unrefined metals, dore metal, concentrates, ores or other Minerals or Minerals products or, if refined metals are produced, upon the outturn of refined metals meeting the requirements of the specified published price to Payor's account.
Appears in 2 contracts
Samples: Purchase Agreement (Liberty Silver Corp), Purchase Agreement (Liberty Silver Corp)
Accrual of Obligation. Payor's Payer’s obligation to pay the royalty shall accrue and become due and payable upon the sale or shipment from the Property of unrefined metals, dore metal, concentrates, ores or other Minerals or Minerals products or, if refined metals are produced, upon the outturn of refined metals meeting the requirements of the specified published price to Payor's Payer’s account.
Appears in 1 contract
Samples: Mining Lease and Option to Purchase Agreement (Max Resource Corp.)
Accrual of Obligation. PayorPayer's obligation to pay the royalty shall accrue and become due and payable upon the sale or shipment from the Property of unrefined metals, dore metal, .metal;. concentrates, ores or other Minerals or Minerals products or, if refined metals are produced, upon the outturn of refined metals meeting the requirements of the specified published price to PayorPayer's account.
Appears in 1 contract
Samples: Mining Lease and Option to Purchase Agreement (Max Resource Corp.)
