Royalty Price definition
Royalty Price means the price in Ngultrum per kWh for Royalty Energy;
Royalty Price means the price to be paid by Triband for its purchase of the Royalty on exercise of the Royalty Option.
Royalty Price means, with respect to a [*], the [*]for the [*] of such product (net of any [*]), as converted from the currency under which such product was sold, leased or otherwise disposed of, to the equivalent amount in US Dollars at the rate that is published by Bloomberg at the opening of the first business day after the end of each calendar quarter for which the payment of royalties is due:
(a) paid by an unaffiliated distributor, reseller or End User to Company or its Majority-Owned Affiliates in the case of [*]; [*] Certain information on this page has been omitted and filed separately with the Securities and Exchange Commission. Confidential treatment has been requested with respect to the omitted portions.
(b) paid by an unaffiliated distributor, reseller or End User to a [*] or its Majority-Owned Affiliates in the case of [*]; and
(c) in respect of [*]that are sold [*] or are [*] paid by an unaffiliated distributor, reseller or End User to Company or its Majority-Owned Affiliates. In the event such a product is [*], the price for such product shall be the [*]after the sale, lease or other disposal of such product for such product (but specifically excluding [*]). For the purposes of this definition, the [*] shall be the greater of: (i) the [*]as determined in this Section 1.85; or (ii) [*].
Examples of Royalty Price in a sentence
In resolving any dispute, the CPA Firm shall limit its review to verifying the Kuparuk Royalty Price, TAPS Royalty Price, Kuparuk Line Fill (in barrels), TAPS Line Fill (in barrels), Tanker Cargo (in barrels), and Final Product Inventory Purchase Price.
The Purchaser shall have the right to purchase the Offered Royalty Interest at the equivalent of the Royalty Price as specified in the Royalty Offer Notice if the Purchaser notifies the Seller of its election to purchase the Offered Royalty Interest, within 30 days after receiving the Royalty Offer Notice.
The Royalty Price for the Royalty Option shall be One Million Dollars ($1,000,000.
More Definitions of Royalty Price
Royalty Price means:
(i) in the case of any leased substances used for purposes other than operations to produce leased substances from the demised estate, the current market value at the time and place of use;
(ii) in the case of any leased substances sold by the Lessee on behalf of the Lessor pursuant to subclause 5(d), the applicable contract price (including payments received from any source whatsoever in respect thereto);
(iii) in the case of any leased substances marketed by the Lessee pursuant to a contract that requires delivery of leased substances from the demised estate, the applicable contract price (including payments received from any source whatsoever in respect thereto), or the current market value at the delivery point at the time of sale, whichever is greater; and
(iv) in the case of all other leased substances, the weighted average price to be received by the Lessee for all similar leased substances produced by the Lessee in the Province in which the said lands are located, and marketed during the month in question pursuant to contracts that do not require delivery of leased substances from any particular lands, or the current market value at the delivery point at the time of sale, whichever is greater; in each case without any deductions whatsoever;