Common use of Net Smelter Royalty Clause in Contracts

Net Smelter Royalty. 3.1 A Net Smelter Returns Royalty in the aggregate amount of 3% (the "NSR Royalty") is payable to the Optionors on all base, rare earth elements and precious metals, as more particularly described in Schedule B to this Agreement.

Appears in 6 contracts

Samples: Property Option Agreement, Property Option Agreement, Property Option Agreement

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Net Smelter Royalty. 3.1 A Net Smelter Returns Return Royalty in the aggregate amount of 3% (the "NSR Royalty") is payable to the Optionors on all base, rare earth elements and precious metals, as more particularly described in Schedule B to this Agreement.

Appears in 2 contracts

Samples: Property Option Agreement, Property Option Agreement

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