Burdens on Production Sample Clauses
Burdens on Production. No Credit Party shall grant, sell, transfer, assign or convey, directly or indirectly, to any Person any royalty (of any kind or nature whatsoever, howsoever designated), production payment or other non-cost bearing interest in any Mineral Property, other than any granted to the Lender or as required by Applicable Law in favour of a Governmental Entity.
Burdens on Production. Grant, sell, transfer, assign or convey, directly or indirectly, to any Person any royalty (of any kind or nature whatsoever, howsoever designated), production payment or other interest in any Mining Property, other than to the Lender except for the royalties described in Schedule 8.2(o) and the Gold and Silver Supply Agreement.
Burdens on Production. No Credit Party shall, and each Credit Party shall cause its Subsidiaries to not, grant, sell, transfer, assign or convey, directly or indirectly, to any Person any Royalty (of any kind or nature whatsoever, howsoever designated), production payment or other non-cost bearing interests in or to any Property or any Project, other than the Royalties listed in Schedule 6.1(j).
Burdens on Production. Other than lessor’s royalty under the Leases, there are no overriding royalty interests, production payments, or other burdens measured as a share of production or as a share of the proceeds of the sale of production from, or attributable to, the Leases.
Burdens on Production. Grant, sell, suffer to exist, transfer, assign or convey, directly or indirectly, to any Person any offtake, royalty (of any kind or nature whatsoever, howsoever designated), production payment or other interest in any Mining Property other than to the Lender, other than any royalty or production payment disclosed to the Lender prior to the Effective Date and set out in Schedule “8.2(m)” or in respect of which the Lender has provided its prior written consent.
Burdens on Production. No Lease is subject to royalty, overriding royalty, production payments and other burdens on production to an extent greater than 17.5% and CIMA has not created, conveyed, assigned, granted, or transferred overriding royalty interests, production payments, or other burdens on production burdening any Lease, save and except the following which may pertain to one or more Lease: Grizzly Land & Permit Service, Inc. .5% Canadian Wildcat Corporation 1.0% ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇ 2.0% ▇▇▇▇ ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇ 1.0% ▇▇▇▇▇▇ ▇▇▇▇▇ .5% The overriding royalty interests shall be subject to pooling for purposes of forming a standard proration or spacing unit fixed by law for the pool or area in which the land is situated, plus a tolerance of 10%. In addition, all burdens shall be subject to proportionate reduction in the event Vendor’s interest in a Lease is less than the entire leasehold estate or the Lease covers less than the entire oil and gas mineral estate.
Burdens on Production. The Borrower shall not, and the Borrower shall cause its Subsidiaries to not, grant, sell, transfer, assign or convey, directly or indirectly, to any Person any Royalty (of any kind or nature whatsoever, howsoever designated), production payment or other non-cost bearing interests in or to any Property or any Project, other than the Royalties listed in Schedule 1.1(e).