Refined Gold definition

Refined Gold means marketable metal bearing material in the form of gold bars or coins that is refined to a minimum 995 parts per 1,000 fine gold.
Refined Gold means marketable metal-bearing material in the form of gold that is refined to standards meeting or exceeding LBMA 'Good Delivery' standards (or such other commercial standard agreed between the parties from time-to-time) for the sale of refined gold.
Refined Gold means all and any refined gold bullion produced, derived or resulting from Unrefined Gold originating from the Properties or any portion thereof;

Examples of Refined Gold in a sentence

  • Such First Payment and the amount of Refined Gold, Refined Silver or cash, as the case may be, shall be determined with respect to the Royalty from Minerals produced from the Property from and after the Effective Date (including with respect to Minerals extracted prior to that date).

  • The basic objective of such selection shall be to secure the continuity of fair market pricing of Refined Gold, Refined Silver or such other commodity.


More Definitions of Refined Gold

Refined Gold means gold produced from ore mined from the Royalty Properties that is refined to meet or exceed generally accepted commercial standards for the “good delivery” of gold bullion on the U.S. or London commodity exchanges.
Refined Gold means gold of minimum 0.995 fineness in gold bars, conforming in all respects with the specification for “Good Delivery Gold Bars” under the “Good Delivery Rules”, as published by the London Bullion Market Association from time to time;
Refined Gold means marketable metal bearing material in the form of the Mineral gold that is refined to standards meeting or exceeding commercial standards for the sale of refined gold.
Refined Gold means gold bullion refined at the Nominated Refinery to the London Good Delivery standard pursuant to the Refining Agreement, from gold doré and any other gold products produced at the Mine.
Refined Gold means marketable metal bearing material in the form of gold bars that is refined to standards meeting or exceeding [***] gold, and otherwise conforming to the requirements of Clause ‎2.2.
Refined Gold has the defined meaning assigned to it in the Purchase Agreement.
Refined Gold means refined gold meeting the good delivery requirements of the LBMA or, in the absence of such requirements, having a fineness of 995 parts per thousand;