Examples of NSR Royalty Agreement in a sentence
Costs incurred by KIA in connection with this Schedule, including costs for reviewing any reports or other information provided by AEM under this Schedule and the NSR Royalty Agreement, shall be paid to KIA by AEM in accordance with the budget to be developed pursuant to Schedule F (Implementation).
The terms of the financial compensation set out in this Schedule and the royalty rate percentage set out in this Schedule and in the NSR Royalty Agreement may be reviewed or renegotiated in accordance with Chapter 6 of the Agreement, provided that the Net Smelter Return Royalty will not be reviewed or renegotiated unless there is an amendment to the Project Certificate and Schedule A of the NSR Royalty Agreement.
The following are the Schedules annexed hereto and incorporated by reference and deemed to be part hereof: Schedule “A” - Representations and Warranties of Xxxxxx Resources Schedule “B” - Representations and Warranties of the Purchaser Schedule “C” - Form of NSR Royalty Agreement Schedule “D” - Permitted Encumbrances Capitalized terms used but not otherwise defined in the Schedules have the meanings given to them in this Agreement.
Any notice, direction or other communication (in this section, a “notice”) required or permitted to be given to a Party pursuant to this NSR Royalty Agreement shall be in writing and shall be sufficiently given if delivered personally, mailed or transmitted by facsimile or pdf as follows: To the Royalty Holder: Xxxx Xxxxxx [redacted] Email: [redacted] To the Company: West Mining Corp.
The execution, delivery and performance of this Agreement by Xxxxxx Resources and the completion of the transactions contemplated hereby by it, including without limitation the NSR Royalty Agreement and the Security Document have been duly authorized by its board of directors and no other corporate proceedings on the part of Xxxxxx Resources are necessary to authorize the execution, delivery and performance of this Agreement or the completion of the transactions contemplated hereby by Xxxxxx Resources.
This NSR Royalty Agreement will be construed and governed by the laws in force in the Province of British Columbia and the laws of Canada applicable in the Province of British Columbia.
The Royalty Holder may assign its rights under this NSR Royalty Agreement to any of its affiliates; provided, however, that any change in ownership of rights will be accomplished in such manner that the Company will not be required to make payments to or give notice to more than one person, firm, corporation, or entity.
Further, Norrep has agreed to not take any action to invalidate, disclaim or terminate this Agreement or the NSR Royalty Agreement.
No implied covenants or conditions whatsoever will be read into this NSR Royalty Agreement, including without limitation any covenants or conditions relating to exploration, development, prospecting, mining, production or sale of Products, except for the covenants of good faith and fair dealing.
In the event of any conflict between the provisions of this Agreement and the provisions of the NSR Royalty Agreement with respect to the NSR Royalty, the provisions of the NSR Royalty Agreement shall govern.