For Other Products. For gold and other minerals of any type produced from the Properties or dumps or stockpiles located on the Properties, and sold in a crude or intermediate form other than as Gold Bullion (“Other Products”), Net Smelter Returns will be equal to (i) the actual sales price for the minerals contained in such Other Products received by Obligor from a smelter, refiner, processor, purchaser or other recipient of such products during a calendar quarter, less (ii) the Allowable Deductions permitted in Section 4(b) below.
Appears in 3 contracts
Samples: Royalty Purchase Agreement (Nevada Canyon Gold Corp.), Royalty Purchase Agreement (Nevada Canyon Gold Corp.), Royalty Purchase Agreement (Nevada Canyon Gold Corp.)
For Other Products. For gold and other minerals of any type produced from the Properties or dumps or stockpiles located on the PropertiesRoyalty Property, and sold in a crude or intermediate form other than as Gold Bullion (“Other Products”), Net Smelter Returns will be equal to (i) the actual sales price for the minerals contained in such Other Products received by Obligor Grantor from a smelter, refiner, processor, purchaser or other recipient of such products during a calendar quarter, less (ii) the Allowable Deductions permitted in Section 4(b) below.
Appears in 1 contract
Samples: Option Agreement for Purchase and Sale of Real Property (JR Resources Corp.)
For Other Products. For gold and other minerals of any type produced from the Properties or dumps or stockpiles located on the PropertiesRoyalty Property, and sold in a crude or intermediate form other than as Gold Bullion (““ Other Products”), Net Smelter Returns will be equal to (i) the actual sales price for the minerals contained in such Other Products received by Obligor Grantor from a smelter, refiner, processor, purchaser or other recipient of such products during a calendar quarter, less (ii) the Allowable Deductions permitted in Section 4(b) below.
Appears in 1 contract
For Other Products. For gold and other minerals of any type produced from the Properties or dumps or stockpiles located on the PropertiesRoyalty Property, and sold in a crude or intermediate form other than as Gold Bullion (“"Other Products”"), Net Smelter Returns will be equal to (i) the actual sales price for the minerals contained in such Other Products received by Obligor Grantor from a smelter, refiner, processor, purchaser or other recipient of such products during a calendar quarter, less (ii) the Allowable Deductions permitted in Section 4(b) below.
Appears in 1 contract
Samples: Option Agreement for Purchase and Sale of Real Property (Dakota Territory Resource Corp)
For Other Products. For gold and other minerals of any type produced from the Properties or dumps or stockpiles located on the PropertiesRoyalty Property, and sold in a crude or intermediate form other than as Gold Bullion (“" Other Products”"), Net Smelter Returns will be equal to (i) the actual sales price for the minerals contained in such Other Products received by Obligor Grantor from a smelter, refiner, processor, purchaser or other recipient of such products during a calendar quarter, less (ii) the Allowable Deductions permitted in Section 4(b) below.
Appears in 1 contract