For Other Products. For all other Products produced from the Royalty Property and sold other than as Gold Bullion or Silver Bullion or Copper (“Other Products”), Net Smelter returns shall be equal to (i) the actual sales price received by Grantor from the sale of Other Products to a smelter, refiner, processor, purchaser or other recipient of such products during a calendar quarter, less (ii) the Allowable Deductions permitted in Section 5(b) below.
Appears in 5 contracts
Samples: Limited Liability Company Agreement (Newmont Goldcorp Corp /De/), Limited Liability Company Agreement (Barrick Gold Corp), Implementation Agreement (Barrick Gold Corp)
For Other Products. For all other Products produced from the Royalty Property and sold for their gold content or copper content, as applicable, in a form other than as Gold Bullion or Silver Bullion or Copper (“Other Products”), Net Smelter returns Returns shall be equal to (i) the actual sales price received by Grantor for the gold content or copper content, as applicable, from the sale of Other Products to a smelter, refiner, processor, purchaser or other recipient of such products during a calendar quarter, less (ii) the Allowable Deductions permitted in Section 5(b) below.
Appears in 2 contracts
Samples: Implementation Agreement (Barrick Gold Corp), Implementation Agreement (Newmont Mining Corp /De/)