Contingent Resource Payment definition

Contingent Resource Payment or “CRP” means a payment equal to (i) the Maximum CRP Payment divided by (ii) the number of Applicable Shares.
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Contingent Resource Payment means, in respect of a Relevant Period, an amount equal to US$18 per ounce of contained gold estimated within the Additional Mineral Resource for such period (subject to a maximum of 800,000 ounces in respect of the First Period and the Second Period together), converted into pounds sterling at the CVR Exchange Rate.
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Related to Contingent Resource Payment

  • Natural Resource Damages or “NRD” means any damages recoverable by the United States or the State on behalf of the public for injury to, destruction of, or loss or impairment of Natural Resources at the Site as a result of a release of hazardous substances, including but not limited to: (i) the costs of assessing such injury, destruction, or loss or impairment arising from or relating to such a release; (ii) the costs of restoration, rehabilitation, or replacement of injured or lost natural resources or of acquisition of equivalent resources; (iii) the costs of planning such restoration activities; (iv) compensation for injury, destruction, loss, impairment, diminution in value, or loss of use of natural resources; and (v) each of the categories of recoverable damages described in 43 C.F.R. § 11.15 and applicable state law.

  • Renewable Energy Certificate or "REC" means a certificate

  • renewable energy sources means renewable sources such as small hydro, wind, solar including its integration with combined cycle, biomass, bio fuel cogeneration, urban or municipal waste and other such sources as approved by the MNRE;