PAYMENT FORMULA FOR EXTRACTION OF COPPER AND MOLYBDENUM Sample Clauses

PAYMENT FORMULA FOR EXTRACTION OF COPPER AND MOLYBDENUM. ‌ The payment formula associated with the extraction of copper derived from the exploitation of tailings contained in the Colihues Deposit, does not vary from that agreed to in the Colihues Contract (CT-9500), which is included as Annex N° 2 of this Agreement, and which forms an integral part of this Agreement, for all legal effects. The payment formula for the extraction of molybdenum derived from the exploitation of derived from the exploitation of tailings contained in the Colihues Deposit of División El Xxxxxxxx, will come into force from the date of the start of the operation for the exploitation of the Cauquenes Deposit, or, at the latest, August 1, 2015, in accordance with that agreed in letter A) of the eighth clause of this Agreement. These formulas are the following:
AutoNDA by SimpleDocs
PAYMENT FORMULA FOR EXTRACTION OF COPPER AND MOLYBDENUM. 1. Payment Formula for the Extraction of copper.‌ The payment formula for the Processing Right for the Extraction of Copper from the tailings contained in the Cauquenes Deposit is the following: Monthly Payment Cu = r x PCuBML x (fCQ x Te) Where: · PCuBML: Cu Price on the London Metals Exchange (US$/t) · fCQ: Cauquenes Operation Factor which considers Grade and Recovery of total copper (CuT). This factor will be calculated multiplying the grade of CuT, by the recovery of CuT from the process. These are initially estimated at 0.265% and 49%, respectively, and will be reviewed every six months. · Te: extracted tonnage (t/month) · r: Participation by DET in the gross revenues of Xxxxxx Xxxxx Central from the sale of copper concentrate extracted from the tailings contained in the Cauquenes Deposit in a given period (monthly). It is measured as a [%] and defined for copper prices between the range of 195 to 550 cUS$/lb. The percentage will consider the fourth decimal rounded from the fifth and will be applied as follows:

Related to PAYMENT FORMULA FOR EXTRACTION OF COPPER AND MOLYBDENUM

  • Payment for TIPS Sales TIPS Members may make payments for TIPS Sales directly to Vendor, Vendor’s Authorized Reseller, or as otherwise agreed to in the applicable Supplemental Agreement after receipt of the invoice and in compliance with applicable payment statutes. Regardless of how payment is issued or received for a TIPS Sale, Vendor is responsible for all reporting and TIPS Administration Fee payment requirements as stated herein.

  • Vendor Encouraging Members to bypass TIPS agreement Encouraging entities to purchase directly from the Vendor or through another agreement, when the Member has requested using the TIPS cooperative Agreement or price, and thereby bypassing the TIPS Agreement is a violation of the terms and conditions of this Agreement and will result in removal of the Vendor from the TIPS Program.

  • Adjustment for Excess Volume If Sale Area Map indicates that there are incompletely Marked subdivisions and if Contracting Officer determines that the volume cut will be more than 120 percent of the total es- timated volume listed in A2, Forest Service, upon request by Purchaser, shall make an adjustment in Marking or cutting unit boundaries with the objective of designating for cutting the approximate estimated volumes by species listed in A2. Such adjustments in volumes shall be con- fined to (a) Marking adjustments on Sale Area and (b) re- duction in area to be cut over. Such adjustments or re- ductions shall not conflict with the silvicultural treatment being applied on Sale Area and shall not materially change the average value by species of the timber desig- nated for cutting. Such adjustments may be made not- withstanding the provisions of B1.1 and B2.3. If the timber designated for cutting is not reduced by such adjustments to less than 120 percent of the total es- timated quantity listed in A2, Purchaser, after cutting 120 percent of the total estimated volume listed in A2, may elect to have Sale Area reduced to eliminate the remain- ing Included Timber. However, where felling operations have been started, units of minimum practical size shall be retained in Sale Area.

  • Certification Regarding Entire TIPS Agreement for Part 1 and Part 2 Contracts 5 This is a two part solicitation. Part 1 is solicited for TIPS sales that are not considered a "public work" construction project. Part 1 permits the sale of goods and non-construction/non-"public work" services such as maintenance and minor repairs. Part 2 Job Order Contract (JOC) is solicited for projects considered by your TIPS Member Customers to be a "public work" construction project. The determination of whether or not a TIPS sale amounts to a "public work" construction project requiring a Part 2 JOC contract is made by the TIPS Member Customer at the time of each TIPS sale. Thus, Vendors are encouraged to respond to both Parts 1 and 2 in case your TIPS Member Customers require that a sale be made under one Part or the other. However, responding to both Parts is not required. If Vendor responds and is awarded to both Parts, Vendor will have one contract for Part 1 and a separate contract for Part 2.

  • Separation of Components The SOFTWARE PRODUCT is licensed as a single product. Its component parts may not be separated for use on more than one computer.

  • Disclosure Statement for Xxxx IRAs 1. Am I Eligible to Contribute to a Xxxx XXX? Anyone with compensation income whose Modified Adjusted Gross Income (AGI) does not exceed the limits described below is eligible to contribute to a Xxxx XXX. (For convenience, all future references to compensation are deemed to mean “earned income” in the case of a self- employed individual.) Employers may also contribute to Xxxx IRAs established for the benefit of their employees. You may also establish a Xxxx XXX to receive rollover contributions or transfers from another Xxxx XXX or, in some cases, from a Traditional IRA. A Qualified Rollover Contribution can be made to a Xxxx XXX and is a distribution from an IRA that meets the requirements of section 408(d)(3), a rollover from a designated Xxxx account described in section 402A, or a rollover from an eligible retirement plan as described in section 402(c)(8)(B).

  • DEVELOPMENT OR ASSISTANCE IN DEVELOPMENT OF SPECIFICATIONS REQUIREMENTS/ STATEMENTS OF WORK Firms and/or individuals that assisted in the development or drafting of the specifications, requirements, statements of work, or solicitation documents contained herein are excluded from competing for this solicitation. This shall not be applicable to firms and/or individuals providing responses to a publicly posted Request for Information (RFI) associated with a solicitation.

  • Reproduction of Agreement Section A: REPRODUCTION OF AGREEMENT Paragraph 1: Copies of the negotiated agreement shall be printed at the expense of the Board within thirty days after the negotiated agreement is signed and presented to all teachers now employed, and hereafter employed. The Board shall furnish a copy for each building and a copy for the Association office for its use.

  • Disclosure Statement for Xxxxxxxxx Education Savings Accounts 1. Who is Eligible for a Xxxxxxxxx Education Savings Account? Anyone may contribute to a Xxxxxxxxx Education Savings Account regardless of his or her relationship to the beneficiary. The beneficiary of a Xxxxxxxxx Education Savings Account

  • PAYMENT FOR GOODS AND SERVICES a. DIR Customer shall comply with Chapter 2251, Texas Government Code, or applicable local law, in making payments to the Vendor. Payment under a DIR Contract shall not foreclose the right to recover wrongful payments.

Time is Money Join Law Insider Premium to draft better contracts faster.