Common use of Royalty Statements and Payments Clause in Contracts

Royalty Statements and Payments. The Proponent will provide to the Minister an annual statement of the Gross Business Revenues, certified by the Proponent's Chief Financial Officer, within four (4) months of the end of each Proponent fiscal year (December 31st), together with the related royalty payment. The first statement and related royalty payment must be provided to the Minister by April 30st, 2004 in respect of the fiscal year ending December 3l, 2003, and by April 30th each year thereafter in regard to tile previous fiscal year. Payments shall be made by cheque to the order of tile Receiver General and sent to the Minister.

Royalty Statements and Payments. The Proponent will provide to the Minister an annual statement of the Gross Business Revenues, certified by the Proponent's Chief Financial Officer, within four (4) months of the end of each Proponent fiscal year (December 31st)calendar year, together with the related royalty payment. The first statement and related royalty payment must be provided to the Minister by April 30st30, 2004 2007 in respect of the fiscal calendar year ending December 3l31, 2003, 2006 and by April 30th 30 each year thereafter in regard to tile the previous fiscal calendar year. Payments shall be made by cheque to the order of tile the Receiver General and sent to the Minister.

Royalty Statements and Payments. The Proponent will provide to the Minister an annual statement of the Gross Business Revenues, certified by the Proponent's Chief Financial Officer, within four (4) months of the end of each Proponent company fiscal year (December 31st)December, together with the related royalty payment. The first statement and related royalty payment must be provided to the Minister by April 30stMay 1, 2004 2005 in respect of the fiscal year ending December 3l31, 2003, 2004 and by April 30th each year thereafter in regard to tile the previous fiscal year. Payments shall be made by cheque to the order of tile the Receiver General and sent to the Minister.

Royalty Statements and Payments. The Proponent will provide to the Minister an annual statement of the Gross Business Revenues, certified by the Proponent's ’s Chief Financial Officer, within four (4) months of the end of each Proponent company fiscal year (December 31st)April 30, together with the related royalty payment. The first statement and related royalty payment must be provided to the Minister by April 30st1, 2004 2011 in respect of the fiscal year ending December 3l, 2003, accordance with Article 2,2 above and by April 30th each year thereafter in regard to tile the previous fiscal year. Payments shall be made by cheque to the order of tile the Receiver General and sent to the Minister.