Net Returns Royalty definition

Net Returns Royalty means the aggregate of:
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Net Returns Royalty means the total "Gross Sale Proceeds" or "Deemed Gross Sale Proceeds" less deduction for the following total actual costs paid by, charged to or otherwise incurred by GPM within that calendar quarter which are attributed to handling, treatment and sale of individual Minerals within that calendar quarter;
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Net Returns Royalty means a royalty calculated and paid as provided in Exhibit "C" hereto.
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Examples of Net Returns Royalty in a sentence

  • SMMI currently holds a 75% interest in the South Mountain Project and has the right to acquire the remaining 25% upon satisfying a 5% Net Returns Royalty capped at US$5,000,000 which is due on or before November 3, 2026.

  • A 2 % Net Returns Royalty ("NSR") is on the property with advance royalties being due of $30,000 per year commencing in 2009.

  • Net Returns Royalty (“NR”) – Doyle leasesDuring the year ended November 30, 2013, the Company sold 9 of its mineral leases and 2 reinstated leases, including Bob Camp, to Kennady Diamonds Inc.

  • Net Returns Royalty (“NR”) – Doyle leasesDuring 2013, the Company sold 9 of its mineral leases and 2 reinstated leases, including Bob Camp, to Kennady Diamonds Inc.

  • Net Returns Royalty (“NR”) – Doyle leases During the year ended November 30, 2013, the Company sold 9 of its mineral leases and 2 reinstated leases, including Bob Camp, to Kennady Diamonds Inc.

  • A 2% Net Returns Royalty ("NSR") is on the property with advance royalties being due of $30,000 per year commencing in 2009.

  • SMMI currently holds a 75% interest in the South Mountain Project and has the right to acquire the remaining 25% upon satisfying a 5% Net Returns Royalty capped at US$5,000,000 which is due on or before November 3, 2026.In order to complete the SMMI Acquisition, the Company must:1.

  • Net Returns Royalty (“NR”) – Doyle leasesDuring 2013, the Company sold certain of its mineral leases and reinstated leases, including Bob Camp, to Kennady Diamonds Inc.

  • The tariff must be consistent with any terms and conditions in the CLEC's certificate of authority.

  • A 2% Net Returns Royalty ("NSR") is on the property with advance royalties being due of $30,000 per year commencing in 2009.SILVER SHIELD RESOURCES CORP.(An Exploration Stage Company)NOTES TO THE FINANCIAL STATEMENTSFOR THE YEARS ENDED DECEMBER 31, 2015 AND 2014(Expressed in Canadian Dollars) 6.


More Definitions of Net Returns Royalty

Net Returns Royalty means a royalty interest, calculated as provided in Exhibit D, which shall be conveyed to a withdrawn Member under the circumstances set forth in Section 6.4. (bb) "NOTICE" shall have the meaning set forth in Section 19.1.
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Net Returns Royalty means the aggregate of: all revenues from the sale or other disposition of ores, concentrates or minerals produced from the Property; and all revenues from the operation, sale or other disposition of any facilities the cost of which is included in the definition of "Operating Expenses", "Capital Expenses", or "Exploration Expenses" less (without duplication) Working Capital, Operating Expenses, Capital Expenses and Exploration Expenses.
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Net Returns Royalty means a royalty equal 1% of the gross proceeds actually received by the Party paying the royalty, in cash or products, from the sale of diamonds, precious metals, base metals or related products after deduction of all commissions, transportation and third Party refining costs;
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Net Returns Royalty shall have the meaning specified in Schedule D of Schedule C (Joint Venture Agreement) which is attached hereto;
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Related to Net Returns Royalty

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

  • Royalty Year means, (i) for the year in which the First Commercial Sale occurs (the “First Royalty Year”), the period commencing with the first day of the Calendar Quarter in which the First Commercial Sale occurs and expiring on the last day of the Calendar Year in which the First Commercial Sale occurs and (ii) for each subsequent year, each successive Calendar Year.

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

  • Net Sales means [***].

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

  • 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.

  • Volumetric Production Payments means production payment obligations recorded as deferred revenue in accordance with GAAP, together with all undertakings and obligations in connection therewith.

  • Sublicense Revenue means [***].

  • Tax Returns The federal income tax return on Internal Revenue Service Form 1066, U.S. Real Estate Mortgage Investment Conduit Income Tax Return, including Schedule Q thereto, Quarterly Notice to Residual Interest Holders of the REMIC Taxable Income or Net Loss Allocation, or any successor forms, to be filed by the Trustee on behalf of each REMIC, together with any and all other information reports or returns that may be required to be furnished to the Certificateholders or filed with the Internal Revenue Service or any other governmental taxing authority under any applicable provisions of federal, state or local tax laws.

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

  • Contract Quarter means a three-month period that commences on January 1, April 1, July 1 or October 1 and ends on March 31, June 30, September 30, or December 31, respectively.

  • Allowable Deductions means the following costs, charges, and expenses incurred or accrued by Payor:

  • Post-Distribution Tax Period means a Tax year beginning and ending after the Distribution Date.

  • Net Smelter Returns means the Gross Value of all Minerals, less the following costs, charges and expenses paid or incurred by Payor with respect to the refining and smelting of such Minerals:

  • Gross Profits means the gross profits calculated under section 4;

  • Royalty means an interest in an oil and gas lease that gives the owner of the interest the right to receive a portion of the production from the leased acreage (or of the proceeds of the sale thereof), but generally does not require the owner to pay any portion of the costs of drilling or operating the wells on the leased acreage.

  • Royalty Fee means a royalty fee in the amount of $0.00 of Actual Production payable by BC Hydro to the Province for each year of the Term in accordance with Article 6 of the Master Agreement.

  • Joint Return means any Return of a member of the Parent Group or the SpinCo Group that is not a Separate Return.

  • Royalty Report has the meaning set forth in Section 6.3(a).

  • Sublicense Revenues means [***].

  • Combined Return means any Tax Return (other than for Federal Income Taxes) filed on a consolidated, combined (including nexus combination, worldwide combination, domestic combination, line of business combination or any other form of combination), unitary or Group Relief basis that includes activities of members of the ESG Group or the KBR Group, or both, as the case may be.

  • Tax Payments has the meaning set forth in the definition of Permitted Payments to Parent.

  • Separate Return means (a) in the case of any Tax Return of any member of the SpinCo Group (including any consolidated, combined or unitary return), any such Tax Return that does not include any member of the Parent Group and (b) in the case of any Tax Return of any member of the Parent Group (including any consolidated, combined or unitary return), any such Tax Return that does not include any member of the SpinCo Group.

  • Gross Sales means the sum total of all retail sales of tangible personal property or services as

  • Sales Taxes means any sales, use, consumption, goods and services, value added or similar tax, duty or charge imposed pursuant to Applicable Law.