Common use of Reservation Of Royalty Clause in Contracts

Reservation Of Royalty. The Payor shall pay and the Royalty Holder shall be entitled to receive as the royalty, 3.0% of Net Returns.

Appears in 4 contracts

Samples: Option Agreement (Northern Minerals & Exploration Ltd.), Option Agreement (Northern Minerals & Exploration Ltd.), Option Agreement (Punchline Resources Ltd.)

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Reservation Of Royalty. The Payor shall pay and the Royalty Holder shall be entitled to receive as the royalty, 3.02.0% of Net Returns.

Appears in 2 contracts

Samples: Option Agreement (Balaton Power Inc), Option Agreement (Balaton Power Inc)

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