Project NSR definition

Project NSR means a Net Smelter Return in the terms set out in Exhibit 1 in a Royalty Percentage (as defined therein) of 2,0% (two percent) in respect of Product produced by the Company from any Property following a Development Decision which obligation shall be perfected as an obligation of the Company to the Owners in accordance with the laws of Argentina.
Sample 1Sample 2
Project NSR means a Nett Smelter Return in the terms set out in Annexure1 in a Royalty Percentage (as defined therein) of 3.5% (three point five percent) in respect of Product produced by the Company from any Property following a Development Decision which obligation shall be perfected as an obligation of the Company to the Owners in accordance with the laws of Argentina.
Sample 1Sample 2
Project NSR means the 2% NSR on all base, rare earth elements and precious metals on the Xxxx Property pursuant to the Option Agreement;
Sample 1

Examples of Project NSR in a sentence

  • The Owners shall have no right while this Agreement is in effect to sell, assign, transfer or mortgage to any person the whole or part of their rights and obligations under this Agreement other than, subject to Clause 3.2, their right to receive the Project NSR.

  • Any assignment of the Owners right to receive the Project NSR shall be perfected in accordance with the law in force in Argentina.

  • During the year ended December 31, 2017, an impairment charge of $0.5 million was recorded in relation to the disposal of the Company’s Jojoba Project NSR.

  • The September 2008 quarter is the first quarter for the 2008/09 financial year and many of the objectives are not yet due.

  • Upon completion and acceptance of the Project, NSR and/or the Municipality shall submit an itemized invoice and any required supporting documentation to the Department’s Rail Division for actual costs associated with the work performed by NSR and/or the Municipality and associated with the removal of the crossing, mitigation improvements, or betterment work.

  • Any sale, in whole or in part, of the Company’s NSR on the Los Azules Project, NSR on the Mariana Property and/or the Shotgun Property requires the Lender’s consent.

  • In order to effectively promote the nanotechnology research programs, Nanotechnology Supporting Project (NSR) started in 2002.

  • The following table summarizes the Company’s significant commitments as of September 30, 2019: 20192020202120222023Total$$$$$$Exploration License (Silver City Project)-304374590 (1) Discounted values.Not included above is the Platosa Project NSR as such payments vary period to period based on production results and commodity prices.

  • No Mining Agreement has been negotiated.A Native Title and Project NSR royalty was applied on top of royalties for nickel and copper concentrates.


More Definitions of Project NSR

Project NSR means the 3% NSR on all base, rare earth elements and precious metals on the Property pursuant to the Option Agreement;
Sample 1

Related to Project NSR

  • Project means the goods or Services described in the Signature Document or a Work Order of this Contract.

  • The Project Plan means the document to be developed by the Supplier and approved by the Purchaser, pursuant to GCC Clause 19, based on the requirements of the Contract and the Preliminary Project Plan included in the Supplier’s bid. The “Agreed and Finalized Project Plan” is the version of the Project Plan approved by the Purchaser, in accordance with GCC Clause 19.2. Should the Project Plan conflict with the Contract in any way, the relevant provisions of the Contract, including any amendments, shall prevail.

  • Project Completion means the date, as determined by the Division after consultation with the Recipient, that operation of the Project is initiated or is capable of being initiated, whichever comes first.

  • Project Water means water made available for delivery to the contractors by project conservation facilities and the transportation facilities included in the System.

  • Project Property means the real property on or for which preconstruction service or construction work is or will be provided.

  • Project Land means any parcel or parcels of land on which the project is developed and constructed by a promoter;

  • Project Commissioning means the Project will be considered as commissioned if all equipment as per rated project capacity has been installed and energy has flown into grid, in line with the Commissioning procedures defined in the RfS/PPA.

  • Redevelopment Project Area means an area designated by the municipality, which is not less in the aggregate than 1 1/2 acres and in respect to which the municipality has made a finding that there exist conditions which cause the area to be classified as an industrial park conservation area or a blighted area or a conservation area, or a combination of both blighted areas and conservation areas.

  • Development Project means a project for the development of land within a project area.

  • Construction project means the same as that term is defined in Section 38-1a-102.

  • RFP Project Documents means the following documents to be entered into in respect of the Project, by the parties to the respective agreements:

  • Project Completion Date means the date on which the Completion Certificate is issued;

  • Project Company means Company incorporated by the bidder as per Indian Laws in accordance with Clause no 3.5.

  • Project Plans mean the plans for the Project that are attached to this Agreement as Exhibit “B.”

  • Solar PV Project means the solar Photo Voltaic Power project that uses sunlight for direct conversion into electricity through Photo Voltaic technology.

  • Project Improvements means site improvements and facilities that are:

  • Project Plan means the document to be developed by the Contractor and approved by WTL, based on the requirements of the Contract and the Preliminary Project Plan included in the Contractor’s bid. For the sake of clarity, the Agreed and Finalised Project Plan” refers to the version of the Project Plan submitted by the contractor after receiving the letter of Award and the same approved by WTL. The project plan may be changed/ modified during the course of the project. Should the Project Plan conflict with the provisions of the Contract in any way, the relevant provisions of the Contract, including any amendments, shall prevail.

  • Project Implementation Unit or “PIU” means the unit referred to in Section I.A.1 of Schedule 2 to this Agreement.

  • Project Work means the work required to complete the Project.

  • Project area budget means a multiyear projection of annual or cumulative

  • Environmental Infrastructure Facilities means Wastewater Treatment Facilities, Stormwater Management Facilities or Water Supply Facilities (as such terms are defined in the Regulations).

  • Project Name refers to the project title as stated in the legal agreement (Financing Agreement) between the World Bank and the Government. It should not be confused with the name of the UN Agency’s project or program financed from other sources.]

  • Project Contract means any contract between the District or the Corporation and any contractor or vendor regarding the construction, production or other acquisition or installation of any part of an Acquisition Project.

  • Redevelopment project means a specific construction project

  • Project Assets means all physical and other assets relating to (a) tangible assets such as civil works and equipment including foundations, embankments, pavements, road surface, interchanges, bridges, culverts, road over-bridges, drainage works, traffic signals, sign boards, kilometre-stones, [toll plaza(s)], electrical systems, communication systems, rest areas, relief centres, maintenance depots and administrative offices; and (b) Project Facilities situated on the Site;

  • Project Highway means the Site comprising the existing road {, proposed bypasses and tunnels} forming part of [NH-** from km ** to km **] and all Project Assets, and its subsequent development and augmentation in accordance with this Agreement;