NSR Royalty Agreement definition

NSR Royalty Agreement has the meaning set out in section 6 of Schedule E (Financial Compensation).
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NSR Royalty Agreement means the net smelter returns royalty agreement to be entered into between Xxxxxx Resources and the Purchaser in substantially the form attached hereto as Schedule “C”;
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NSR Royalty Agreement means the NSR Royalty Agreement to be entered into by the Parties to govern the Royalty Interest;
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Examples of NSR Royalty Agreement in a sentence

  • In addition, Pan American Silver retains a NSR royalty equal to 2% on all minerals mined, produced, or otherwise recovered from the property, as defined in and governed by the NSR Royalty Agreement dated December 14, 2018.

  • Quartz Mountain also assumed the rights and obligations under an NSR Royalty Agreement which requires the payment to Bearclaw of a 1% NSR royalty on the Gnat Pass Property up to a maximum of $7,500,000.

  • The NSR Royalty Agreement has not been amended, supplemented or otherwise modified, and there are no other agreements, commitments or understandings between LKA and Au in respect thereof.

  • Pursuant to a letter of intent dated May 15, 2014, on February 26, 2018, the Company signed the final Transaction Agreement (the “Definitive Agreement”) and NSR Royalty Agreement to acquire 100% of the outstanding shares of Inukshuk Exploration Inc.

  • LKA has complied with all of its obligations under the NSR Royalty Agreement and has made all payments required to be made by it thereunder on or before the date of this Letter Agreement.

  • The parties to the NSR Royalty Agreement were non-arm's length parties at the time of entering into the NSR Royalty Agreement and continue to be non-arm's length parties at the date of this Listing Statement.

  • Further, Norrep has agreed to not take any action to invalidate, disclaim or terminate this Agreement or the NSR Royalty Agreement.

  • On February 26, 2018 the Company and shareholders of Inukshuk signed the final acquisition agreement (“Transaction Agreement”) and NSR Royalty Agreement, both agreements have an effective date of September 18, 2014.

  • 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.

  • Pursuant to the NSR Royalty Agreement, Spark granted a 2% perpetual royalty on returns from the properties acquired pursuant to the Licence Purchase Agreement, payable quarterly.


More Definitions of NSR Royalty Agreement

NSR Royalty Agreement means the royalty agreement entered into between Spark, Technology Metals, Gravel Developments Inc., and John Shurko Inc., and dated April 30, 2020;
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NSR Royalty Agreement has the meaning given in Section 2.4. ---------------------
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NSR Royalty Agreement is defined in Section 2.07(a)(iv). “Party” or “Parties” has the meaning set forth in the preamble.
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NSR Royalty Agreement is defined in Section 2.07(a)(iv).
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Related to NSR Royalty Agreement

  • Royalty Agreement means the amended royalty agreement between the Partnership, Vermilion, 1209963 Alberta Ltd. and the Trust dated January 22, 2003 providing for the creation of the Royalty;

  • Sublicense Agreement means any agreement or arrangement pursuant to which Licensee (or an Affiliate or Sublicensee) grants to any third party any of the license rights granted to the Licensee under the Agreement.

  • License Agreement means the agreement between SAP (or an SAP SE Affiliate, or an authorized reseller) under which Customer procured the rights to use SAP Software or a Cloud Service.

  • Overriding Royalty Interest means an interest in the oil and gas produced pursuant to a specified oil and gas lease or leases, or the proceeds from the sale thereof, carved out of the working interest, to be received free and clear of all costs of development, operation, or maintenance.

  • Cross License Agreement means that certain Cross License Agreement between and among Medarex, Cell Genesys, Inc., Abgenix, Inc., Xenotech, L.P. and Japan Tobacco Inc., dated March 26, 1997.

  • Development Agreement has the meaning set forth in the Recitals.

  • Supply Agreement has the meaning set forth in Section 7.1.

  • petroleum agreement means an agreement for the purpose of petroleum activities entered into by Government and another person in accordance with this Act;

  • Licensing Agreement means a commercial agreement between a design approval holder and a production approval holder (or applicant) formalizing the rights and duties of both parties to use the design data for the purpose of manufacturing the product or article.

  • Licence Agreement means an agreement (whether or not in writing) between the owner of student accommodation and a student giving a licence to the student;

  • Technology License Agreement means the agreement in the form of Exhibit H hereto.

  • CREFC® Intellectual Property Royalty License Fee With respect to each Mortgage Loan (including any REO Mortgage Loan) and for any Distribution Date, the amount accrued during the related Interest Accrual Period at the CREFC® Intellectual Property Royalty License Fee Rate on, in the case of the initial Distribution Date, the Cut-Off Date Balance of such Mortgage Loan and, in the case of any subsequent Distribution Date, the Stated Principal Balance of such Mortgage Loan as of the close of business on the Distribution Date in the related Interest Accrual Period; provided that such amounts shall be computed for the same period and on the same interest accrual basis respecting which any related interest payment due or deemed due on the related Mortgage Loan is computed and shall be prorated for partial periods. For the avoidance of doubt, the CREFC® Intellectual Property Royalty License Fee shall be payable from the Lower-Tier REMIC.

  • Patent Assignment Agreement means the Patent Assignment Agreement attached hereto as Exhibit G.

  • IP License Agreement shall have the meaning set forth in Section 1.2.

  • Offtake Agreement means the offtake agreement dated May 13, 2008 with Glencore International AG pursuant to which the Company agreed to sell in U.S. dollars to Glencore, and Glencore agreed to acquire, 100% of the V2O5 production at the Maracás Menchen Mine. The Offtake Agreement was terminated effective April 30, 2020. See "Description of the Business - Marketing and Distribution".

  • Collaboration Agreement has the meaning set forth in the Recitals.

  • SCM Agreement means the Agreement on Subsidies and Countervailing Measures in Annex 1A to the WTO Agreement;

  • Intercompany License Agreement means any cost sharing agreement, commission or royalty agreement, license or sublicense agreement, distribution agreement, services agreement, intellectual property rights transfer agreement, any related agreements or similar agreements, in each case where all parties to such agreement are one or more of the Company or a Restricted Subsidiary.

  • Royalty owner means any owner of oil and gas in place, or oil and gas rights, to the extent that the owner is not an operator as defined in subsection (17) of this section;

  • End User License Agreement means a license grant or end user license agreement governing software as further described in this Agreement or any applicable Appendix.

  • License Agreements shall have the meaning set forth in Section 8.11 hereof.

  • Concession Agreement means the Concession Agreement referred to in Recital (A) above and annexed hereto as Annex-A, and shall include all of its Recitals and Schedules and any amendments made thereto in accordance with the provisions contained in this behalf therein;

  • Commercial Supply Agreement has the meaning set forth in Section 5.2.

  • Mining Lease means the mining lease granted pursuant to Clause 12 and includes any renewal thereof and according to the requirements of the context shall describe the area of land demised as well as the instrument by which it is demised;

  • Software License Agreement means the Motorola Software License Agreement (Exhibit A).

  • Development Agreements means all development, utility or similar agreements included in the Permitted Encumbrances.