NSR definition

NSR means net smelter return.
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NSR means net smelter royalty.
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NSR means net smelter return royalty.
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Examples of NSR in a sentence

  • Sphere shall have the right to buy down Camp McMan’s NSR from 3.5% to 2% for $500,000 per ½% in accordance with Schedule “D” hereto.

  • If Sphere exercises the Back-In Right, Sphere shall have earned a 51% undivided interest in the Property, free and clear of any and all Encumbrances, save and except for the 3 1/2% NSR to Camp McMan.

  • In consideration of the covenants and agreements of Sphere, Camp McMan hereby grants to Sphere the Primary Option, subject only to a 3½% NSR to Camp McMan.

  • If Sphere does not exercise the Back-In Right, then Duncan Park shall be entitled to be registered or recorded as the 100% owner of the Property, and shall hold the Property subject to the 3½% NSR to Camp McMan and Duncan Park shall be entitled to any and all buy-back rights and rights of first refusal with respect thereto.

  • If Duncan Park has duly satisfied the Payment and Expenditure Obligations in accordance with the provisions of 3.1 (by reference to the provisions of section 2.2), Duncan Park shall have duly exercised the Secondary Option and Sphere shall be deemed to have duly exercised the Primary Option as at such date (the “Option Earn-In Date”) and Duncan Park shall have earned a 100% undivided interest in the Property, free and clear of any and all Encumbrances, subject to the 3½% NSR to Camp McMan.


More Definitions of NSR

NSR. ’ means new source review, a
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NSR means net smelter returns.
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NSR means New Source Review, as it relates to the following:
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NSR means Net Smelter Return: the proceeds returned from the smelter and/or refinery to the mine owner less certain costs.
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NSR means net smelter returns royalty, a form of royalty based on the value of production or net proceeds received by the operator from a smelter or refinery.
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NSR or “net smelter returns” means a payment made by a producer of metals based on the value of the gross metal production from the property, less deduction of certain limited costs including smelting, refining, transportation and insurance costs.
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NSR means no specific requirements other than those general requirements of the GPS Environmental Policy Schedule which are applicable in respect of all emissions. Notes—
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