Royalty Deed means the deed between the Company, Glencore and CMPL, under which CMPL is required, on a quarterly basis, to pay to Glencore a royalty equal to 1.5% of Net Smelter Returns (as defined in the Royalty Deed) and grant security interests created as a result of the Royalty Deed. Net Smelter Returns are equal to the gross revenue minus permitted deductions for all marketable and metal-bearing copper material, in whatever form or state, that is mined, produced, extracted or otherwise recovered from the Royalty Area. Glencore has the right to transfer its interest in the Royalty Deed (subject to limited restrictions, and subject to a right of last refusal granted to CMPL) and the security created as a result of the Royalty Deed.

Royalty Deed means the Royalty Deed for the NSR in the form of Exhibit E.

Royalty Deed shall have the meaning ascribed to that term in Section 2.4(a) of this Agreement.

Examples of Royalty Deed in a sentence

Fitzroy holds royalty interests in several permits in the Canning Basin originally acquired via 2 separate Royalty Deeds, the Canning Basin Royalty Deed and the Lennard Shelf Royalty Deed.
The Company retains a Royalty Deed on those properties that grants the Company a net smelter return royalty equal to 6 six per cent (6%) of the net proceeds received for Uranium mined, produced or otherwise derived from the Properties and processed or otherwise prepared for sale.
Royalty deeds: Fitzroy holds royalty interests in several permits in the Canning Basin via 2 separate Royalty Deeds, the Canning Basin Royalty deed and the Lennard Shelf Royalty Deed.
The Royalty Deed will provide that Grantor shall pay to Grantee a perpetual royalty, determined in accordance with this Schedule E, in an amount equal to 1.50% of Net Smelter Returns (the “Royalty Percentage”) from all Product produced from the Royalty Property.
Figure 1 shows the location of the Company’s Canning Basin royalty interests with the Canning Basin Royalty Deed royalties shown in light blue and the Lennard Shelf Royalty Deed royalties in dark blue.

More Definitions of Royalty Deed

Royalty Deed means a Production Royalty Deed, in the form attached hereto as Exhibit C by and between Axxxxx Xxxxx and Pxxxxxxx Royalty Company, a wholly owned subsidiary of Stockholder, pursuant to which Mx. Xxxxx grants a 1% net smelter returns production royalty to Pershing Royalty Company on all minerals produced from certain claims leased to the Gold Operating Subsidiaries by Mx. Xxxxx.

Royalty Deed means that certain Perpetual Non-Participating Production Royalty Deed executed by Wildcat in favor of Lender of even date herewith, and all amendments and modifications thereto, in the form attached as Exhibit C.

Royalty Deed means the Hong Kong law governed royalty deed entered or to be entered into between the Borrower and the Agent.

Royalty Deed means the form of Royalty Deed attached to this Agreement as Exhibit C.

Royalty Deed means the net smelter royalty deed dated the same date as this Agreement.

Royalty Deed shall have such meaning as set forth in Section 3.01(c).

Royalty Deed also shall mean and include, when and as the context requires, such additional instruments evidencing the Net Smelter Production Royalty as may be necessary or desirable to properly transfer to Glamis and register the Net Smelter Production Royalty under the laws of Mexico.