Production Payments. As at the Effective Date, neither the Borrower nor any Material Subsidiary is a party to or otherwise bound by any Production Payment Transaction.
Production Payments. Except for the imbalance volumes and the contracts and arrangements listed in Schedule 6.10, Seller is not obligated, by virtue of a production payment, prepayment arrangement under any contract for the sale of Hydrocarbons and containing a “take or pay”, advance payment or similar provision, gas balancing agreement or any other arrangement to deliver any material amounts of Hydrocarbons without then or thereafter receiving full payment therefor, or to make payment for any material amounts of Hydrocarbons already produced and sold.
Production Payments. Except for the imbalance volumes and the contracts and arrangements listed in Schedule 7.9, Laramie is not obligated, by virtue of a production payment, prepayment arrangement under any contract for the sale of Hydrocarbons and containing a “take or pay,” advance payment or similar provision, gas balancing agreement or any other arrangement, to deliver any material amounts of Hydrocarbons without then or thereafter receiving full payment therefor, or to make payment for any material amounts of Hydrocarbons already produced and sold, in each case with respect to the Laramie Assets.
Production Payments. Except for the imbalance volumes listed in Schedule 9.9 and the contracts and arrangements listed in Exhibit D-6, Delta is not obligated, by virtue of a production payment, prepayment arrangement under any contract for the sale of Hydrocarbons and containing a “take or pay,” advance payment or similar provision, gas balancing agreement or any other arrangement, to deliver any material amounts of Hydrocarbons without then or thereafter receiving full payment therefor, or to make payment for any material amounts of Hydrocarbons already produced and sold, in each case with respect to the Delta Assets.
Production Payments royalties, dedication of reserves under supply agreements or similar rights or interests granted, taken subject to, or otherwise imposed on properties consistent with normal practices in the mining industry;
Production Payments. The Owner and Gentor further agree that all annual payments and any Net Smelter Return payments will be credited to the Purchase Price. The Net Smelter Return payable pursuant hereto shall remain in effect as long as there is production from the Premises.
Production Payments. No later than thirty (30) days after the end of each Payment Period, Purchaser shall pay to Seller an amount equal to the Production Payment and the IP Systems Production Payment for such Payment Period, subject to any permissible setoffs or deductions; provided, however, that with respect to each Payment Period ending prior to the Closing Date, the Production Payment and the IP Systems Payment for such period shall be payable no earlier than the Closing Date; provided, further, however, that, with respect to the last Payment Period, the Production Payment and the IP Systems Payment for such period shall be made within thirty (30) days of the end of Purchaser’s fiscal quarter in which such Payment Period falls. Together with the Production Payment and the IP Systems Production Payment for each Payment Period, Purchaser shall deliver a schedule to Seller identifying the Mortgage Loans with respect to which the Production Payment and the IP Systems Production Payment was made.
Production Payments. After Production has been achieved on the Xxxxx Resource Property B2Gold will, for so long as B2Gold continues to produce gold from the Xxxxx Resource Property, pay to Radius the following payments (“Production Payments”) in respect of each ounce of gold produced from the Xxxxx Resource Property (including the initial 2500 ounces of gold required to achieve Production): Average Price of Gold during fiscal quarter in which gold is produced Production Payment to Radius1 $599 or less $25.00 $600 to $699 $50.00 $700 to $799 $75.00 $800 to $899 $100.00 $900 to $999 $125.00 $1,000 to $1,099 $150.00 $1,100 to $1,199 $175.00 $1,200 to $1,299 $200.00 $1,300 to $1,399 $225.00 $1,400 to $1,499 $250.00 $1,500 to $1,599 $275.00 $1,600 to $1,699 $300.00 $1,700 to $1,799 $325.00 $1,800 to $1,899 $350.00 $1,900 to $1,999 $375.00 $2,000 to $2,099 $400.00 $2,100 to $2,199 $425.00 $2,200 to $2,299 $450.00 $2,300 to $2,399 $475.00 $2,400 to $2,499 $500.00 $2,500 to $2,599 $525.00 $2,600 to $2,699 $550.00 $2,700 to $2,799 $575.00 $2,800 to $2,899 $600.00 $2,900 to $3,0002 $625.00 All Production Payments are to be interpolated. Production Payments to continue on the same basis for any amounts greater than $3,000. # Schedule D Attached to and forming part of an Option Agreement between l and l JOINT VENTURE AGREEMENT THIS AGREEMENT is made as of the l day of l l is made BETWEEN: _________________________, a company incorporated under the laws of ___________ (“________”) OF THE FIRST PART, AND: _________________________, a company incorporated under the laws of ___________ (“________”) OF THE SECOND PART,
Production Payments. Section 7.25 of the Financing Agreement is hereby amended to read in its entirety as follows:
Production Payments. Notwithstanding anything to the contrary contained in this Agreement, LSI may prepay any amounts that it is required to pay pursuant to the terms of the Production Payment Agreements."
