Royalty Holder definition

Royalty Holder means the party or its successors or assigns that becomes entitled to a Royalty, as provided in the Agreement, it being agreed that as of the date of the Agreement, the Royalty Holder is AHL Holdings Ltd.

Split View

AI-Powered Contracts

Draft, Review & Redline at the Speed of AI

Get StartedSchedule a Demo

Royalty Holder means Minera Rio Tinto, S.A. de C.V.,

Royalty Holder shall, collectively, mean the Concessionaires and their respective permitted successors and assigns,

Examples of Royalty Holder in a sentence

• To the extent required by Applicable Law, the Company may deduct, withhold, charge or levy, any Taxes imposed by any Governmental Authority on the Company or any of its Affiliates, or otherwise required to be withheld, in respect of any payment made by the Company to the Royalty Holder or any of its Affiliates under this Royalty Agreement.

• All Royalty payments must be made in United States dollars without demand, notice, set- off, or reduction, via the transfer of immediately available funds to such bank account as the Royalty Holder may nominate in writing to the Company from time to time.

• If such audit determines that there has been a deficiency or an excess in the payment made to the Royalty Holder, such deficiency or excess will be resolved either by adjusting the next Quarterly Royalty payment due or by payment being made in the amount of such deficiency by the Company to the Royalty Holder or in the amount of such excess by the Royalty Holder to the Company if such audit is completed following the termination of this Royalty Agreement.

• The Royalty Holder may convey or assign all or any portion of the Royalty upon 30 days prior written notice to the Company.

• Such communications must be sent to the respective parties at the following addresses (or at such other address for a party as shall be specified in a notice given in accordance with this Section 8.5): If to Royalty Holder: Orbit Capital Inc.

More Definitions of Royalty Holder

Royalty Holder means AHL Holdings Ltd.;

Royalty Holder means “Owner”, as defined in the Agreement, his heirs, executors and assigns;

Royalty Holder means the entity entitled to receive the Royalties and "Net Smelter Returns" means, subject to section 2 hereof, the actual amount of payment received or deemed to have been received by the holder(s) of a 100% working interest (the "Owner") in the Properties from any refiner, smelter, mill, mint, processor or other treatment facility or purchaser (collectively, a "Purchaser") for ores, concentrates, precipitates, bullion and/or minerals (the "Products") mined and extracted from the Properties, including from the reprocessing and/or sale of any tailings and/or residues produced from or located on the Properties and delivered for treatment and/or sale. In calculating Net Smelter Returns, there shall be deducted. therefrom only: (i) the costs of transporting Products (except ore) from the Properties to a Purchaser; (ii) sampling, assaying, representation and umpire charges made or levied in connection with the sampling and assaying carried out after the Products (except ore) have left the Properties; (iii) all charges and penalties for smelting, refining and/or similar treatment of, the Products; (iv) insurance premiums for insurance of the Products (except ore) after the Products have left the Properties; (v) any government royalties, duties and other assessments and any sales, excise, production, extraction, ad valorem, goods and service and other taxes on the Products (but not income taxes or Quebec mining duties) if such charges are based on production of Products or payable out of the net or gross proceeds received or shown as deductions therefrom; and For greater certainty, no custom milling or other similar treatment or beneficiation charges incurred on or off the Properties shall be deducted in calculating Net Smelter Returns. The Royalty Holder further acknowledges and agrees that the Owner shall have the right to market and sell or refrain from selling Products in any manner it may elect, that the Owner shall have the right to engage in forward sales, future trading or commodity options trading, and other price hedging, price protection, and speculative arrangements which may involve the possible delivery of Products and that the Royalty Holder shall not be entitled to participate in any profits nor be obligated to share in any losses generated by said activities. Accordingly, with respect to gold or silver produced, the actual amount of payment received by the Owner shall in all cases be deemed to be the amount equal to the relevant number of ounce...

Royalty Holder means Giauque Holdings Ltd., a private company controlled by David Webb’s family trust.

Royalty Holder has the meaning set forth in the recitals.

Royalty Holder means Sprott Private Resource Streaming and Royalty (US Collector), LP, a limited partnership existing under the laws of the State of Delaware, and its successors and permitted assigns.

Royalty Holder means Recreation Properties, Ltd., ▇▇▇ ▇▇▇▇ ▇▇▇▇ ▇▇▇▇▇▇, ▇▇▇▇▇ ▇, ▇▇▇▇▇, ▇▇▇▇▇▇▇▇ ▇▇▇▇▇-▇▇▇▇, the holder of the Royalties;