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
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