No Net Smelter. Return Royalty shall be paid hereunder until the cumulative total of Revenue (shown as credits on the Royalty Account) exceeds the cumulative total of Allowed Deductions (shown as debits on the Royalty Account) calculated from the effective date of signing of this Agreement.
Appears in 11 contracts
Samples: Assignment of Contract Agreement, Joint Venture Agreement (Mexoro Minerals LTD), Assignment of Contract Agreement (Mexoro Minerals LTD)