Gross Royalty. It is agreed between the Lessor and Lessee that, notwithstanding any language herein to the contrary, all royalties accruing to the Lessor under this Lease shall be paid without deduction, directly or indirectly, for any and all pre-production and post- production costs and/or expenses, including but not limited to those relating to producing, gathering, storing, separating, treating, dehydrating, compressing, processing, transporting, and marketing the Oil and Gas produced hereunder. The computation of the Lessor’s royalty shall include any additional consideration, if any, paid to Lessee for natural gas liquids.
Gross Royalty. 10.1 The Vendor shall be entitled to receive and MAX shall pay to Vendor a production royalty equal to three percent (3%) of the Net Smelter Returns (as that term is defined in Schedule “B”), calculated and payable in the manner set out in Schedule “B” (the “Royalty”).
Gross Royalty. 1. The Royalty Interest payable and deliverable by Cameo Resources Corp. (the "Payor") to Xxxx Xxxx (the "Payee") pursuant to section 3 of the above referenced Agreement will be two percent (2.0%) of the Gross Revenue (as hereinafter defined) and will be calculated and paid to the Payee by the Payor in accordance with the terms and conditions of this Schedule "B". Terms having defined meanings in the Agreement and used herein will have the same meanings in this Schedule as assigned to them in the Agreement unless otherwise specified or the context otherwise requires.
Gross Royalty. 10.1 On the date MAX commences commercial production on the PPCO Claims, Energex shall be entitled to receive and MAX shall pay to Energex a sliding gross royalty:
Gross Royalty. In calculating the Royalty, the Payor shall not make any deductions from the Gross Revenue for any costs associated with the production or sale of the Products or the operations on the Property incurred or borne by the Payor and without limiting the generality of the foregoing will not make any deductions for any of the following:
Gross Royalty. In the event that Company sells Product derived from the Property, “Gross Royalty” shall mean a percentage of the actual mineral or metal sales made by the Company with NO deductions for refining, transportation or other charges. In the event that Company retains title to PGE, gold, silver, copper and other metals derived from the Property that is refined by any mint, smelter or refinery, “Gross Royalty” shall mean a percentage of the number of ounces or pounds of metals derived from Product during a fiscal quarter multiplied by the average London Bullion Market Association P.M. fixing for the fiscal quarter of production with NO deductions for refining, transportation or other charges.
