Common use of Property Subject to Production Royalty Clause in Contracts

Property Subject to Production Royalty. The Minority Royalty of the Minority Interest Holder shall be a royalty interest in and a burden upon the properties included in the Nevada JV Assets existing as of the date it becomes a Minority Interest Holder (the “Royalty Property”), which will be more particularly described in the Royalty Deed.

Appears in 3 contracts

Samples: Limited Liability Company Agreement (Barrick Gold Corp), Limited Liability Company Agreement (Newmont Goldcorp Corp /De/), Limited Liability Company Agreement

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Property Subject to Production Royalty. The Minority Royalty of the Minority Interest Holder shall be a royalty interest in and a burden upon the properties Property included in the Nevada JV Assets XX Xxxxx existing as of the date it becomes a Minority Interest Holder (the “Royalty Property”), which will be more particularly described in the a Royalty Deed.

Appears in 2 contracts

Samples: Implementation Agreement (Barrick Gold Corp), Implementation Agreement (Newmont Mining Corp /De/)

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