Refining Costs definition
Refining Costs means all costs and expenses of smelting and refining, including without limitation, all costs of assaying, sampling, custom-smelting and refining, all independent representative and umpire charges, and the costs of transporting the material (including insurance) from the Properties to the refinery or smelter, as the case
Refining Costs means all costs and expenses of smelting and refining, including all costs of assaying, sampling, custom-smelting and refining, all independent representative and umpire charges and any other treatment or other processing charges or applicable penalties, discounts or costs;
Refining Costs means all costs and expenses of smelting and refining, including without limitation, all costs of assaying, sampling, custom smelting, and refining, all independent representative and umpire charges, penalties, and other deductions, imposed or charged by the refinery or smelter, as the case may be. If smelting or refining is carried out in facilities owned or controlled by CRI or its Affiliates, then the Refining Costs shall be the amount the CRI would have incurred if such smelting or refining were carried out at facilities not owned or controlled by CRI or its Affiliates then offering comparable services for comparable products on prevailing terms.
Examples of Refining Costs in a sentence
If smelting or refining is carried out in facilities owned or controlled, in whole or in part, by the Payor or its Affiliates, then the Refining Costs shall be the amount the Payor would have incurred if such smelting or refining were carried out at facilities not owned or controlled by the Payor then offering comparable services for comparable products on prevailing terms.
Payor shall not deduct the costs of mining, milling, leaching or any other on-site processing costs (other than Refining Costs) incurred by the Payor or its Affiliates in the determination of Net Smelter Return.
More Definitions of Refining Costs
Refining Costs in any quarter means all costs and expenses of smelting and refining, including all costs of assaying, sampling, custom-smelting and refining, all independent representative and umpire charges, and the costs of transporting, handling and insuring the material from the East Malartic Properties to the refinery or smelter, as the case may be;
Refining Costs means all costs and expenses of smelting and refining, including without limitation, all costs of assaying, sampling, custom-smelting and refining, all independent representative and umpire charges, and the costs of transporting the material concentrates or dore metal from the property to the refinery or smelter, as the case may be. I "Revenues" means the amount of revenues actually received by 777 from the physical sale of Other Products during the applicable period. In the case of physical sales to affiliates of 777, the revenues shall be determined on an arm's length basis. J. "Selling and Delivery Costs" means all costs and expenses incurred with, or in connection with, the transporting, insuring, stockpiling, warehousing, shipping, moving, selling and marketing of Valuable Minerals produced from the Property and the delivery of such minerals to the ultimate delivery to customers, including without limitation, all transportation costs, insurance costs and expenses, shipping and delivery costs, agency and brokerage fees and commissions, storage charges, and the costs of any currency conversions. K. "Taxes" mean all imposts, royalties, duties, assessments, and taxes (other than income taxes) imposed upon or in connection with producing, transporting and selling Bullion or Other Products by any federal, state or local governmental entity or subdivision thereof. II. Calculation and Payment of the NSR Royalty. A.
Refining Costs means the actual and direct expenses (and no allocated overhead) of smelting and refining, including, all costs of assaying, sampling, custom smelting, and refining, all independent representative and umpire charges, penalties, and other deductions, imposed or charged by the refinery or smelter, as the case may be. If smelting or refining is carried out in facilities owned or controlled by the Buyer Parties or their respective Affiliates, then the Refining Costs shall be the amount the Buyer Parties would have incurred if such smelting or refining were carried out at facilities not owned or controlled by the Buyer Parties or their respective Affiliates then offering comparable services for comparable products on prevailing market terms, but in no event greater than the actual costs incurred with respect to such smelting or refining.
Refining Costs means the Refining Costs referred to in paragraph 7.2.3.
Refining Costs means all costs incurred in refining Raglan Project Accountable Metals and shall be that proportion of the total refining costs (including depreciation and the profit margin as assessed for Norwegian income tax purposes) charged by Falconbridge's Norwegian subsidiary's refinery for refining the metallurgical output from Falconbridge's Sudbury smelter, less any amounts allotted to the custom feed, that the Raglan Project Accountable Metals in the matte fed to Norwegian refinery, from the Sudbury smelter, bears to the total Raglan Project and Falconbridge Accountable Metals in the matte from the Sudbury smelter fed to the Norwegian refinery in a particular month;
Refining Costs means all costs and expenses of smelting and refining, including without limitation, all costs of assaying, sampling, custom smelting, and refining, and all independent representative and umpire charges, penalties, and deductions imposed or charged by the refinery or smelter, as the case may be. If smelting or refining is carried out in facilities owned or controlled by the Grantor or its Affiliates, then the Refining Costs shall be the amount the Grantor would have incurred if such smelting or refining were carried out at facilities not owned or controlled by the Grantor or its Affiliates then offering comparable services for comparable products on prevailing terms.