Australian Royalties definition

Australian Royalties means the Purchased Royalties relating to a property located in the Commonwealth of Australia;
Sample 1
Australian Royalties means collectively: (i) the royalty described in the agreement dated January 13, 2015 between Fosterville Gold Mine PTY Ltd (“Fosterville”), and Crocodile Gold Inc. (“Crocodile”) which was assigned to AuRico pursuant to an agreement dated January 14, 2015 between AuRico (as assignee), Crocodile (as assignor) and Fosterville (as royalty payor) (the “Fosterville Royalty”); (ii) the royalty described in the agreement dated January 13, 2015 between Leviathan Resources PTY Ltd (“Leviathan”), and Crocodile which was assigned to AuRico pursuant to an agreement dated January 14, 2015 between AuRico (as assignee), Crocodile (as assignor) and Leviathan (as royalty payor) (the “Leviathan Royalty”); and (iii) the royalty described in the agreement dated January 13, 2015 between Stawell Gold Mines PTY Ltd (“Stawell”), and Crocodile which was assigned to AuRico pursuant to an agreement dated January 14, 2015 between AuRico (as assignee), Crocodile (as assignor) and Stawell (as royalty payor) (the “Stawell Royalty”). Notwithstanding the foregoing, (i) if Fosterville has a right of first refusal or right of first offer as a result of the transfer of the Fosterville Royalty by AuRico to AuRico Metals and if Fosterville has exercised its right of first refusal or right of first offer to acquire the Fosterville Royalty, then the “Fosterville Royalty” comprising the Australian Royalties shall mean the consideration received by AuRico in respect of such acquisition, (ii) if Leviathan has a right of first refusal or right of first offer as a result of the transfer of the Leviathan Royalty by AuRico to AuRico Metals and if Leviathan has exercised its right of first refusal or right of first offer to acquire the Leviathan Royalty, then the “Leviathan Royalty” comprising the Australian Royalties shall mean the consideration received by AuRico in respect of such acquisition; and (iii) if Stawell has a right of first refusal or right of first offer as a result of the transfer of the Stawell Royalty by AuRico to AuRico Metals and if Stawell has exercised its right of first refusal or right of first offer to acquire the Stawell Royalty, then the “Fosterville Royalty” comprising the Australian Royalties shall mean the consideration received by Au Rico in respect of such acquisition;
Sample 1
Australian Royalties means the Royalties provided to be payable to the Vendors or any of them under the Royalty Agreements attached to this Agreement as Schedule A.1, Schedule A.3, Schedule A.4 and Schedule A.5.
Sample 1

Examples of Australian Royalties in a sentence

  • If for any reason the Australian Royalties do not close, Rio Tinto will return $16.5 million to IRC.Operators on two of the royalties (Bell Creek and Merlin) have first rights of refusal which are currently under consideration.

  • The total cost allocated to the Australian Royalties of $17.1 million (including acquisition costs) are included in other assets as of December 31, 2007 and will be transferred to royalty interests in mineral properties upon closing.

  • Manager, Project Delivery and Co-ordination – Services, Major Regional Projects, Department of Regional Development and Lands on the Western Australian Royalties for Regions model.

  • At the Second Closing the Vendors shall, subject to Section 8.1, deliver or cause to be delivered to the Purchaser assignments of the Australian Royalties, utilizing the forms attached as Schedules B.1, B.3, B.4 and B.5.

  • Purchaser shall, within ten Business Days after the date hereof, deliver to the Treasurer of the Commonwealth of Australia a written notice (“FIRB Notice”) in the prescribed form and in accordance with section 26A of the Foreign Acquisitions Act, and otherwise in accordance the provisions of the Foreign Acquisitions Act, in respect of the purchase and sale of the Australian Royalties in accordance with and subject to the terms and conditions of this Agreement.

  • Sue’s experience comes from a range of perspectives, starting her career in community development in western Queensland and now as a member of the Western Australian Royalties for Regions Advisory Trust Board.

  • If at any time Third Party Purchase Rights in respect of Australian Royalties are exercised and the FIRB Condition in respect thereof has been satisfied, the Vendor will use all commercially reasonable efforts to complete the sale of such Royalties in respect of which Third Party Purchase Rights have been exercised to the Person or Persons who have exercised such rights and the Purchaser will have the right to receive all proceeds of sale due from such Person or Persons.

  • This Section 5.7 shall apply, mutatis mutandis, to all TPPR Outstanding Royalties transferred to Purchaser, all Purchased Royalties held in trust pursuant to Section 5.4 that are transferred to Purchaser and all Australian Royalties transferred to Purchaser pursuant to Section 7.5(d).

  • On 17 August 2012 Shareholders approved the issue of Shares in settlement of an outstanding debt of $270,000 to Australian Royalties Corporation Pty Ltd (Spinifex Vendor) however the debt was not settled.

  • On or before the First Closing Date or, in the case of the Australian Royalties, upon satisfaction of the FIRB Condition, the Vendors will give such notices as may be required by the terms of the Royalty Agreements to all Persons who, to the Knowledge of Vendor, are holders of Third Party Purchase Rights (which does not include Allegiance).


More Definitions of Australian Royalties

Australian Royalties means collectively (i) the royalty described in the agreement dated January 13, 2015 between Fosterville Gold Mine PTY Ltd (“Fosterville”), and Crocodile Gold Inc. (“Crocodile”) which was assigned to AuRico pursuant to an agreement dated January 14, 2015 between AuRico (as assignee), Crocodile (as assignor) and Fosterville (as royalty payor) (the “Fosterville Royalty”); (ii) the royalty described in the agreement dated January 13, 2015 between Leviathan Resources PTY Ltd (“Leviathan”), and Crocodile which was assigned to AuRico pursuant to an agreement dated January 14, 2015 between AuRico (as assignee), Crocodile (as assignor) and Leviathan (as royalty payor) (the “Leviathan Royalty”); and (iii) the royalty described in the agreement dated January 13, 0000 xxxxxxx Xxxxxxx Xxxx Xxxxx PTY Ltd (“Stawell”), and Crocodile which was assigned to AuRico pursuant to an agreement dated January 14, 2015 between AuRico (as assignee), Crocodile (as assignor) and Stawell (as royalty payor) (the “Stawell Royalty”);
Sample 1
Australian Royalties has the meaning given to it in the Arrangement Agreement;
Sample 1
Australian Royalties means collectively (i) the royalty described in the agreement dated January 13, 2015 between Fosterville Gold Mine PTY Ltd (“Fosterville”), and Crocodile Gold Inc. (“Crocodile”) which was assigned to AuRico pursuant to an agreement dated January 14, 2015 between AuRico (as assignee), Crocodile (as assignor) and Fosterville (as royalty payor) (the “Fosterville Royalty”); (ii) the royalty described in the agreement dated January 13, 2015 between Leviathan Resources PTY Ltd (“Leviathan”), and Crocodile which was assigned to AuRico pursuant to an agreement dated January 14, 2015 between AuRico (as assignee), Crocodile (as assignor) and Leviathan (as royalty payor) (the “Leviathan Royalty”); and (iii) the royalty described in the agreement dated January 13, 0000 xxxxxxx Xxxxxxx Xxxx Xxxxx PTY Ltd (“Stawell”), and Crocodile which was assigned to AuRico pursuant to an agreement dated January 14, 2015 between AuRico (as assignee), Crocodile (as assignor) and Stawell (as royalty payor) (the “Stawell Royalty”). Notwithstanding the foregoing, (i) if Fosterville has a right of first refusal or right of first offer as a result of the transfer or assignment of the Fosterville Royalty by AuRico to New AuRico and if Fosterville has exercised its right of first refusal or right of first offer to acquire the Fosterville Royalty, then the “Fosterville Royalty” comprising the Australian Royalties shall mean the consideration received by AuRico in respect of such acquisition, (ii) if Leviathan has a right of first refusal or right of first offer as a result of the transfer or assignment of the Leviathan Royalty by AuRico to New AuRico and if Leviathan has exercised its right of first refusal or right of first offer to acquire the Leviathan Royalty, then the “Leviathan Royalty” comprising the Australian Royalties shall mean the consideration received by AuRico in respect of such acquisition; and (iii) if Stawell has a right of first refusal or right of first offer as a result of the transfer or assignment of the Stawell Royalty by AuRico to New AuRico and if Stawell has exercised its right of first refusal or right of first offer to acquire the Stawell Royalty, then the “Stawell Royalty” comprising the Australian Royalties shall mean the consideration received by AuRico in respect of such acquisition;
Sample 1

Related to Australian Royalties

  • Royalties means all royalties, fees, expense reimbursement and other amounts payable by a Loan Party under a License.

  • Australian Dollars means the lawful currency of Australia.

  • Royalty Payments has the meaning set forth in Section 7.3.1.

  • Australian Tax Act means the Income Tax Assessment Act 1936 (Cth) (Australia) or the Income Tax Assessment Act 1997 (Cth) (Australia), as applicable.

  • Japanese Yen means the lawful currency of Japan.

  • Sublicensing Revenue means all amounts (including, without limitation, payments received for the purchase of equity in excess of the fair market value of such equity, license fees, milestone and other time or event based payments and royalties on sales of products, but excluding any research funding payments received and actually used for such purpose) received by a Party under an agreement or license attributable to Collaboration Products or from sales of Collaboration Products to end users less any withholding tax or other tax related reductions.

  • Minimum Royalty has the meaning set forth in Section 4.4(c).

  • Third Party Royalties means royalties or payments actually paid by the Company or its Affiliates to an unaffiliated third party for the right to use or exploit technology, products or proprietary rights of such third party to create or sell Licensed Product/s, which third party’s rights would otherwise be infringed or violated.

  • Net Sales means [***].

  • Sublicense Income means any payments that Company receives from a Sublicensee in consideration of the sublicense of the rights granted Company under Section 2.1., including without limitation license fees, royalties, milestone payments, and license maintenance fees, but excluding the following payments: (a) payments made in consideration for the issuance of equity or debt securities of Company at fair market value, and (b) payments specifically committed to the development of Licensed Products.

  • Canadian Dollars means the lawful money of Canada.

  • Indian Rupees or “Rs.” shall mean the mean the currency of the Government of India.

  • Net Sales Revenue shall have the meaning as set out in Schedule "A"

  • VAT means value added tax.

  • Canadian Taxes has the meaning specified in Section 11.05.

  • Licence Fees the fees to be paid by the Licensee to HKEX-IS pursuant to clause 5.2.

  • Royalty Payment has the meaning set forth in Section 6.1.

  • Australian Dollar means the lawful currency of Australia.

  • Canadian Tax Act means the Income Tax Act (Canada), as amended.

  • Swiss Francs means the lawful currency of Switzerland.

  • Ringgit Malaysia “RM” The lawful currency of Malaysia.

  • Sublicense Revenues means [***].

  • Mexican Pesos means the lawful currency of Mexico.

  • Sublicense Revenue means [***].

  • British Pounds Sterling means the lawful currency of Great Britain.

  • Sublicense Fees shall have the meaning set forth in Section 7.3 below.