Examples of Royalty Holder in a sentence
In the event the Royalty Holder registers any such documents against title to the Property and this Agreement and the Net Smelter Returns Royalty subsequently terminates, the Royal Holder agrees to promptly remove all such registrations from title to the Property.
The Net Smelter Returns Royalty creates a direct real property interest in the Products and the Property in favour of Royalty Holder, provided such interest shall be satisfied in respect of any particular Products by the payment to Royalty Holder of the Net Smelter Returns Royalty in respect thereof.
Royalty Holder or its authorized representative shall enter the Property at Royalty Holder’s own risk and may not unreasonably hinder operations on the Property.
Subject to the Right of First Refusal, Royalty Holder shall have the unrestricted right to Transfer all or any of its rights, interests and obligations under this Agreement and the Net Smelter Returns Royalty effective upon written notice thereof to Grantor.
All payments to be made to Royalty Holder under this Agreement shall be made when due by bank check or wire transfer to a bank account as designated by Royalty Holder in writing from time to time.