Existing Royalties definition

Existing Royalties has the meaning set forth in Section 6.4.3.

Existing Royalties means the obligation to pay royalties to third parties as indicated in Exhibit E.

Existing Royalties means royalties payable by Pretium pursuant to the agreements set forth in Schedule “A”.

Examples of Existing Royalties in a sentence

• The Company is now working on a step out drilling program to identify additional resources.

• The Parties agree that in no event shall the percentage of Net Returns payable to MUI or PDUS plus the percentage of Net Returns (or net smelter returns) payable to any third party under the Existing Royalties or any other agreement exceed the equivalent of 5% of Net Returns, and that if the combined royalty burden on any portion of the Property exceeds the equivalent of 5% of Net Returns, the percentage of Net Returns payable to MUI or PDUS shall be reduced accordingly.

• Balmoral will assume, fulfill and perform all of the obligations and liabilities of American Bonanza in relation to ownership or control of the Purchased Interest as at the Effective Date under all contracts and commitments of American Bonanza related to the Purchased Interest including the Existing Royalties and Rights and American Bonanza’s obligations under the Exploration Agreement with Option to Purchase dated July 17, 1998 between Cyprus Canada Inc.

• Each of the Partners represents that it is not aware of any material facts or circumstances that have not been disclosed in this agreement, which should be disclosed to the other Partner in order to prevent the representations and warranties in this Agreement from being materially misleading, other than the Existing Royalties.

• Serono shall pay directly to the Xxxx Xxxxx Cancer Institute one half (1/2) of the Shared Existing Royalties due under the terms of the Existing Third Party Agreement according to the terms of such agreement as of the Effective Date.

More Definitions of Existing Royalties

Existing Royalties means the existing royalties granted in respect of the Mineral Property as set out in Schedule “A”;

Existing Royalties means those particular royalties encumbering the Property as of the Closing Date and defined herein as the Xxxxxxxx Royalty, the Xxxxxxxx-Xxxxx Royalty, the ARO-NV Third Party Royalty, the ARO-NV-Xxxxxx Royalty and the TXAU-Xxxxxx Royalty and no others;

Existing Royalties has the meaning specified in the Option Agreement.

Existing Royalties means the Gold Range Royalty, Minimum Advance Royalty, and the Production Royalty, all as further described in Schedule “D” hereto;

Existing Royalties means the: (i) 1.5% net smelter returns royalty payable by ERDC to the Government of Canada and the Government of Yukon in accordance with the Subsidiary Agreement dated February 7, 2006 among ERDC, Alexco, the Government of Canada and the Government of Yukon; (ii) 1% net smelter returns royalty payable by ARCC to Springmount Operating Company Ltd. charging the Springmount Claims; and (iii) the underlying net proceeds interest royalties charging portions of the Springmount Claims or a net smelter returns royalty payable to AUR Resources Inc. as may be negotiated to settle such underlying net proceeds interest royalties.

Existing Royalties means the lessors' royalties, overriding royalties, reversionary interests and similar burdens granted in accordance with normal and customary practice listed in Schedule "E" hereto, which for greater certainty, shall not include: (i) royalties held by entities owned or controlled, directly or indirectly, by Oren Xxxxxx xx which otherwise are insiders (as that term is defined in the United States Bankruptcy Code) of Oren Xxxxxx; (xi) royalties granted to collateralize any outstanding obligation of any kind to any entity or (iii) any recoupment claim or royalty owed by any of the Vendors or Subsidiaries to Nuclear Developers, Ltd.;

Existing Royalties means those royalties set forth in Schedule “C” attached hereto and any other payment payable to a Government Agency pursuant to any applicable law in the nature of rent or royalty on any minerals removed or produced from the mining lots of the Concessions;