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
Should the Purchaser and Volcan need to make a reconciliation between the provisional number of ounces of Payable Silver or Payable Gold specified in a previous Monthly Report and the final number of ounces of Payable Silver or Payable Gold for the Payment Period specified in such Monthly Report, then the Purchaser and Volcan agree to reconcile such amounts from time to time upon a reasonable request to do so from the other.
More Definitions of Payable Silver
Payable Silver means 100% of the Produced Silver contained in each Offtaker Delivery occurring from and after the Effective Date until the termination of this Agreement (prior to any Offtaker Charges) reduced in accordance with the requirements set out in Schedule C.
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 meaning set forth in Section 8.3 of this Agreement.
Payable Silver means 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 shall have the meaning assigned to it in Section 7.04. “Penalty” shall have the meaning assigned to it in Section 7.13.
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, in relation to any Payment Period, the number of ounces of silver contained in any Product produced by, or derived from or processed by the Oxidos Operations during such Payment Period;