Affecting Other Minerals. The amount of Production Royalty payments on all Other Minerals subject to hedging transactions by Grantor shall be determined in the same manner as provided in Sections 2 and 3(b), with the understanding that the average monthly spot price shall be for the calendar month preceding the Delivery Month for such Other Minerals.
Appears in 2 contracts
Samples: Option to Purchase Agreement (Aurelio Resource Corp), Purchase Agreement (Aurelio Resource Corp)
Affecting Other Minerals. The amount of Production Royalty payments to be ------------------------ paid on all Other Minerals subject to hedging transactions Hedging Transactions by Grantor shall be determined in the same manner as provided in Sections 2 and 3(b)Subsection 1.4, with the understanding and agreement that the average monthly spot price shall be for the calendar month preceding the Delivery Month for such calendar month during which Other MineralsMinerals subject to Hedging Transactions are shipped by Grantor to the Payor.
Appears in 1 contract
Affecting Other Minerals. The amount of Production Royalty payments to be paid on all Other Minerals subject to hedging transactions by Grantor shall be determined in the same manner as provided in Sections 2 and 3(bSection 2(b), with the understanding that the average monthly spot price shall be for the calendar month preceding the Delivery Month for such calendar month during which Other MineralsMinerals subject to hedging transactions are shipped to the Payor.
Appears in 1 contract
Samples: Agreement (Vista Gold Corp)
