Commingling Plan definition
Commingling Plan has the meaning set out in Section 6.2(2).
Commingling Plan has the meaning set out in Section 7.2(a)(i).
Commingling Plan has the meaning set out in Section 7.3(c)(i). “Compensation” has the meaning set out in Section 7.9(b). “Confidential Information” has the meaning set out in Section 7.6(a).
Examples of Commingling Plan in a sentence
The Seller PSA Entities agree to revisit, or cause the Mine Owner or other applicable Seller Group Entity to revisit, the Commingling Plan and the Compensation Agreement if Purchaser reasonably determines that circumstances have changed, in order to ensure that the Commingling Plan continues to provide for the accurate measurement of Minerals and the Compensation Agreement reasonably compensates Purchaser for any disadvantage.
More Definitions of Commingling Plan
Commingling Plan means a written plan specifying in reasonable detail the methods and procedures for weighing, measuring, sampling and analyzing Subject Metals and other valuable products from other properties prior to commingling the same, so that quantities of Subject Metals and other valuable products from the Subject Properties and the Royalty can be reasonably and accurately determined, provided that such plan shall comply with Good Mining Practice and shall be prepared by Seabridge and submitted to and approved by Royal Gold prior to commingling of Subject Metals with other valuable products from other properties in accordance with Section 4.3;
Commingling Plan has the meaning set out in Section 6 . 2 (b) . "Companies Act" means the Companies Act, No . 71 of 2008 of the Republic of South Africa, together with the Companies Regulations 2011 , promulgated thereunder . "Completion Date" means the first day following the final Outturn in respect of a consecutive three month period in which the aggregate of the Outturns for this consecutive three month period : (a) equals or exceeds the amount of planned Refined Gold production for the corresponding three month period in the Mine Plan; and (b) is equal to or greater than 21,000 oz ( twenty one thousand ounces). "Confidential Information" has the meaning set out in Section 6 . 9 ( a ) . "Consolidation Order" has the meaning given to it in Section 16 . l ( b )( i ) . "Construction Budget" means the detailed ZAR 870 , 700 , 000 budget for the construction of the Project, as set forth at Schedule A, as the same may be amended, revised, supplemented or replaced from time to time in accordance with the terms of this Agreement . "Contract" means any agreement, contract, lease, licence or mineral claim, and includes, without limitation, ( i ) any unilateral instrument such as a mortgage, deed of trust, debenture, note or indenture, provided the same creates a legally valid and binding contractual obligation of the grantor thereunder, enforceable by the grantee in accordance with its terms and ( ii ) any agreements, contracts, licences, servitudes, easements or mineral claims . "Control" means, without limiting the generality of the term, in relation to a juristic Person the ability of another person, directly or indirectly, to ensure that the activities and business of that juristic Person are
Commingling Plan has the meaning given to such term in Section 6.2(b). “Confidential Information” has the meaning given to such term in Section 12.2(a).