Silver Stream definition

Silver Stream means the US$75 million silver purchase agreement dated March 20, 2023, entered into by and among MAC-Sub, MAC, the Company and Osisko.
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Silver Stream means the up to US$90 million silver purchase agreement dated March 20, 2023 entered into by and among MAC-Sub, MAC, MAC Limited and Osisko.
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Examples of Silver Stream in a sentence

  • Subsequent to the acquisition, the counterparty to the replacement debenture selected the Silver Stream alternative.

  • The fair value of the Silver Stream derivative liability is a Level 3 measurement.

  • As part of the Falco Silver Stream, Osisko will make staged upfront cash deposits to Falco of up to $180.0 million and will make ongoing payments equal to 20% of the spot price of silver, to a maximum of US$6.00 per ounce.

  • The Company has concluded that the Silver Stream is a standalone derivative measured at FVTPL.

  • The Falco Silver Stream is secured by a first priority lien on the project and all assets of Falco.

  • As part of the Falco Silver Stream, Osisko will make staged upfront cash deposits to Falco of up to $180.0 million and will make ongoing payments equal to 20% of the spot price of silver, to a maximum of US$6 per ounce.

  • The initial consideration received from the Silver Stream Arrangement is considered variable, subject to changes in the total silver ounces to be delivered in the future.

  • The Silver Stream was determined to be a derivative liability, which is classified as a financial liability at FVTPL.

  • The interest rate of 12.23% is determined based on the rate implicit in the Silver Stream Agreement at the date of inception.

  • As part of the Silver Stream, Osisko will make staged upfront cash deposits to Falco of up to $180.0 million and will make ongoing payments equal to 20% of the spot price of silver, to a maximum of US$6 per ounce.

Related to Silver Stream

  • Gemini means that part of the information exchange system identified as such and forming part of UK Link;

  • Asset Management Company/UTI AMC/AMC/Investment Manager means the UTI Asset Management Company Limited incorporated under the Companies Act, 1956, (1 of 1956) [replaced by The Companies Act, 2013 (No.18 of 2013)] and approved as such by Securities and Exchange Board of India (SEBI) under sub-regulation (2) of Regulation 21 to act as the Investment Manager to the schemes of UTI Mutual Fund.

  • Morgan Stanley Morgan Stanley, a Delaware corporation.

  • Investment Management Agreement or IMA means the Investment Management Agreement (IMA) dated December 9, 2002, executed between UTI Trustee Company Private Limited and UTI Asset Management Company Limited.