Refined Silver definition

Refined Silver means marketable metal bearing material in the form of silver that is refined to standards meeting or exceeding commercial standards for the sale of refined silver.
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Refined Silver means marketable metal bearing material in the form of silver bars or coins that is refined to a minimum 999 parts per 1,000 fine silver.
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Refined Silver means all and any refined silver bullion produced, derived or resulting from Unrefined Silver originating from the Properties or any portion thereof;
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Examples of Refined Silver in a sentence

  • If Silver Wheaton cures the SW Event of Default in full, then the Supplier’s obligations under this Agreement shall recommence as of the date Silver Wheaton cures the SW Event of Default in full, and the Supplier shall not be obligated to sell or deliver any Refined Silver or Refined Gold to Silver Wheaton in respect of Offtaker Deliveries made during such suspension.

  • Except as set out in Section 2.2(b), any Refined Silver or dollar amount not delivered or paid, as the case may be, when due by a Party may be set off by the other Party against any dollar amount or Refined Silver owed to such Party by the other Party.

  • STATUTORY AUTHORITY: 32 M.R.S.A. §12214(4) EFFECTIVE DATE:Prior to July 1, 1978 (filed August 14, 1978) - as "General Provisions and Definitions" AMENDED:June 7, 1989April 23, 1996 EFFECTIVE DATE (ELECTRONIC CONVERSION):March 18, 1997 AMENDED:April 25, 1999 - as "Definitions"November 4, 2001October 27, 2010 – filing 2010-51302 DEPARTMENT OF PROFESSIONAL AND FINANCIAL REGULATION 280 BOARD OF ACCOUNTANCY Chapter 2: ADVISORY RULINGS SUMMARY: This rule establishes guidelines relating to advisory rulings.

  • The requirement to complete the purchase and sale of the Purchased Ounces shall arise in respect of each Offtaker Parcel subject to an Offtaker Delivery, and the Purchaser and all other holders of rights to purchase Refined Silver from the Seller shall have the right to receive a pro rata share of the Reference Silver from such Offtaker Parcel, subject to the Maximum Annual Limit.

  • In the event Silver Wheaton fails to deliver an election notice for a calendar month, Silver Wheaton will be deemed to have elected to purchase in that calendar month an amount of Refined Silver equal to twenty-five percent (25%) of the amount of Payable Silver contained in each shipment of Minerals sold and/or delivered by Peñasquito to an Offtaker in that calendar month.

  • The obligation to pay the Royalty shall accrue upon the outturn of Refined Gold or Refined Silver to the account of Producer or its Affiliates (or to a third-party account for the benefit of Producer or such Affiliate), or upon the sale of other Mineral Products as provided in clause (c) of the definition of Gross Value in Article 1 above.

  • All costs and expenses pertaining to each delivery of Refined Silver shall be borne by Seller.

  • All costs and expenses pertaining to each delivery of Refined Silver and Refined Gold shall be borne by the Supplier.

  • Any amount of Refined Silver not delivered by a Party when due, or set off and withheld against any non-payment by a Party, shall be valued at the Market Price as of the first trading day that such amount of Refined Silver became deliverable.

  • If outturn of Refined Gold or Refined Silver is made by an independent third-party refinery on a provisional basis, the Gross Value shall be based upon the amount of such provisional settlement, but shall be adjusted in subsequent statements to account for the amount of Refined Gold or Refined Silver established by final settlement by such refinery.


More Definitions of Refined Silver

Refined Silver means silver produced from ore mined from the Royalty Properties that is refined to meet or exceed generally accepted commercial standards for the “good delivery” of silver bullion on the U.S. or London commodity exchanges.
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Refined Silver means silver of a minimum 0.999 fineness in silver bars, conforming in all respects with the specification for “Good Delivery Silver Bars” under the “Good Delivery Rules”, as published by the London Bullion Market Association from time to time;
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Refined Silver means refined silver meeting or exceeding the current specifications for refined silver published by Handy & Harman;
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Refined Silver has the meaning set out in the recitals of this Agreement.
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Refined Silver means refined silver meeting the good delivery requirements of the LBMA or, in the absence of such requirements, having a fineness of 999 parts per thousand;
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Related to Refined Silver

  • Silver means elemental silver having an atomic weight of 107.869 and the chemical element symbol of Ag, whether found by itself or in combination with its alloys or any other metal.

  • Geothermal fluid means water in any form at temperatures greater than 120

  • Minerals means any and all ores (and concentrates derived therefrom) and minerals, precious and base, metallic and non-metallic, in, on or under the Property which may lawfully be explored for, mined and sold.

  • Refiner means any person who owns, operates, or otherwise controls a refinery.

  • Refinery means a facility for the manufacture or reprocessing of finished or unfinished petroleum

  • Coal means any solid fuel classified as anthracite, bituminous, subbituminous, or lignite.

  • In-stream Waste Concentration or "(IWC)" means the concentration of a discharge in the receiving water after mixing has occurred in the allocated zone of influence.

  • Refined Products means gasoline, diesel fuel, jet fuel, asphalt and asphalt products, and other refined products of crude oil.

  • Petroleum refinery or “refinery” means any facility engaged in producing gasoline, aromatics, kerosene, distillate fuel oils, residual fuel oils, lubricants, asphalt, or other products through distillation of petroleum or through redistillation, cracking, rearrangement or reforming of unfinished petroleum derivatives.

  • Transportation Company means any organization which provides its own or its leased vehicles for transportation or which provides freight forwarding or air express services.

  • Aviation gasoline means fuel designed for use in the operation of aircraft other than jet aircraft,

  • Transport Gas means the gas purchased by a Customer from a supplier other than KUB that Customer has arranged to have Delivered to KUB for delivery to the Customer by KUB.

  • Fossil fuel means natural gas, petroleum, coal, or any form of solid, liquid, or gaseous fuel derived from such material.

  • Indicated Mineral Resource means that part of a mineral resource for which quantity, grade or quality, densities, shape and physical characteristics, can be estimated with a level of confidence sufficient to allow the appropriate application of technical and economic parameters, to support mine planning and evaluation of the economic viability of the deposit. The estimate is based on detailed and reliable exploration and testing information gathered through appropriate techniques from locations such as outcrops, trenches, pits, workings and drill holes that are spaced closely enough for geological and grade continuity to be reasonably assumed.

  • Liquefied petroleum gas means a mixture of light hydrocarbons (predominantly propane, butane) that is gaseous under conditions of ambient temperature and pressure and that is maintained in a liquid state by an increase of pressure or lowering of temperature;

  • Gold means (i) Physical Gold held by the Custodian or any Sub-Custodian under this Agreement and/or (ii) any credit to an account, including a Fund Unallocated Account, on an Unallocated Basis, as the context requires.

  • Ultra Low Sulfur Diesel Fuel means diesel fuel that has a sulfur content of no more than fifteen parts per million.

  • Ethanol blended gasoline means the same as defined in section 214A.1.

  • Gas Transporter means the licensed operator of the transportation network through which gas is transported to you;

  • concentrates means flavoring ingredients and, depending on the product, sweeteners used to prepare syrups or finished beverages and includes powders for purified water products such as Dasani;

  • Fossil fuel-fired means the combustion of fossil fuel or any derivative of fossil fuel, alone or in combination with any other fuel, independent of the percentage of fossil fuel consumed in any calendar year (expressed in mmBtu).

  • Chemical Storage Facility means a building, portion of a building, or exterior area adjacent to a building used for the storage of any chemical or chemically reactive products.

  • Copper Loop is a stand-alone local loop comprised entirely of copper wire or cable. Copper Loops include two-wire and four-wire analog voice-grade copper Loops, digital copper Loops (e.g., DS0s and integrated services digital network lines), as well as two-wire and four-wire copper Loops conditioned to transmit the digital signals needed to provide digital subscriber line services, regardless of whether the copper Loops are in service or held as spares. The copper Loop includes attached electronics using time division multiplexing technology, but does not include packet switching capabilities.

  • Eligible production company means that term as defined under section 455 of the Michigan business tax act, 2007 PA 36, MCL 208.1455.

  • LNG means liquefied natural gas.

  • Transportation equipment means 1 or more of the following: