Payable Silver definition

Payable Silver means the number of ounces of Produced Silver contained in any delivery of Minerals to an Offtaker, less the number of ounces of silver deducted on account of the processing of such silver into Refined Silver, excluding any Offtaker Charges, for which number of ounces any Primero Entity (or their predecessors) or any of their Affiliates receives a Silver Payment.
Payable Silver has the meaning set forth in Section 7.4.
Payable Silver means 90% of any and all silver in whatever form or state that is mined, produced, extracted or otherwise recovered from the Tenements, including

Examples of Payable Silver in a sentence

  • Silver Wheaton shall make a final payment of the Silver Purchase Price to Peñasquito for and in respect of twenty-five percent (25%) of the Payable Silver contained in such shipment promptly (and in any event no later than five (5) Business Days) after Silver Wheaton receives the final payment for the Payable Silver contained in such shipment from the Offtaker in accordance with the terms of the Mineral Offtake Agreement to which the Offtaker is a party.

  • After receiving this money, Mr. Stafford states that he suffered a “dramatic loss” due to the stock market crash in September 2001.

  • Subject to the confidentiality provisions of this Agreement, Primero and STB shall cause Newco to provide copies to SWC, and permit SWC and its authorized representatives to perform audits or other reviews and examinations from time to time, of Newco’s books, records and other information relevant to the production, delivery and determination of Payable Silver (including all Mineral Offtake Agreements) and to otherwise confirm compliance with the terms of this Agreement.

  • Notwithstanding the foregoing, during the Term, STB shall deliver to SWC, on or before the 15th calendar day after the last day of each calendar quarter, a forecast of the expected Payable Silver for the following calendar quarter and balance of the calendar year.

  • The work day for faculty may differ from any criteria set within this Agreement with the mutual written agreement of the faculty member, Department Chairperson, and the Xxxx as per Appendix D-Faculty Load Schedule (Non-Instructional).


More Definitions of Payable Silver

Payable Silver shall have the meaning set forth in Section 8.3 of this Agreement.
Payable Silver means silver in respect of which Cobar receives or is entitled to receive (as agent for Coeur Australia) payment from a Counterparty.
Payable Silver shall have the following meaning: If the full silver content (as ascertained by assay in accordance with Article 13) of each DMT of Concentrates is ≥ 30 grams per DMT then the term “Payable Silver” shall mean 100% of such full silver content less a 15 grams per DMT deduction; and if the full silver content (as ascertained by assay in accordance with Article 13) of each DMT of Concentrates is < 30 grams per DMT then the term “Payable Silver” shall mean zero percent (0%) of such full silver content (i.e. no payment).”
Payable Silver means the number of ounces of Silver for which [ edited text ] receives payment from a Smelter pursuant to and in accordance with a Concentrate Purchase Agreement.
Payable Silver means an amount of Refined Silver equal to (i) the Stream Percentage, multiplied by (ii) the Payability Rate, multiplied by (iii) the Recovered Silver contained in any Offtaker Delivery.
Payable Silver shall be defined as 98.00% of the silver content of the Dore as determined by the Agreed Assay. XXXXXX METALS, INC. Treatment Charges: U.S. $0.65 per xxxx ounce of Dore received. Minimum charge $350.00 per lot.