Common use of After Commencement of Commercial Production Clause in Contracts

After Commencement of Commercial Production. the Optionee shall, within 45 days after the end of each fiscal quarter, furnish to the Optionor quarterly unaudited statements respecting operations on the Property, together with a statement showing the calculation of Royalty for the fiscal quarter last completed.

Appears in 4 contracts

Samples: Option Agreement (Big Cat Mining Corp), Option Agreement (Cascadia Capital Corp), Option Agreement (Big Cat Mining Corp)

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After Commencement of Commercial Production. the Optionee shall, within 45 days after the end of each fiscal quarter, furnish to the Optionor Optionors quarterly unaudited statements respecting operations on the Property, together with a statement showing the calculation of Royalty for the fiscal quarter last completed.

Appears in 1 contract

Samples: Option Agreement (Norcan Exploration Inc)

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