Examples of Streaming Agreement in a sentence
Deferred revenue consists of: 1) initial cash deposit received by the Company for future delivery of payable silver under the terms of the Silver Stream Agreement, and 2) a significant financing component of the Silver Streaming Agreement resulting from the difference in the timing of the upfront consideration received and the promised goods delivered.
The COF will rank (i) subordinate in right of payment to the payment of all secured obligations, including Stream Net Proceeds to the Stream Buyers under the Streaming Agreement and payments required under the Senior Secured Loan and (ii) pari passu with all outstanding unsecured indebtedness for borrowed money of Stornoway.
On March 3, 2018, FSD entered into a Definitive Strategic Alliance and Streaming Agreement (the “Agreement”) with Auxly Cannabis Group Inc.
Orion Financing and Streaming Agreement In March 2015, the Company closed a financing transaction with Orion that included an equity private placement and a silver purchase agreement for total cash payments of $20.75 million.
The Convertible Debentures rank (i) subordinate in right of payment to the payments of all secured obligations including Stream Net Proceeds to the Stream Buyers under the Streaming Agreement and payments required under the Senior Secured Loan, and (ii) pari passu with all outstanding unsecured indebtedness for borrowed money of Stornoway.
Other than the sales to RGLD Gold AG as part of the Streaming Agreement, the refinery arranges for the sale of gold typically on the day the gold doré arrives at the refinery and the Company receives payment for the refined gold sold two working days after the gold doré arrives at the refinery.
The obligations of the Stream Buyers under the Streaming Agreement are several and not joint.
The US$18 million prepayment under the Streaming Agreement will be provided in three equal installments, with the first installment advanced on November 20, 2020 and the second installment advanced on February 24, 2021.
The Streaming Agreement will apply to certain kimberlite bodies for the life of the Renard Diamond Project.
For the purpose of calculating remittances, the Amended Renard Streaming Agreement will apply separately to Run of Mine (“ROM”) diamonds sold at tender, and any diamonds smaller than the +7 DTC sieve size that are recovered in excess of agreed upon proportions within a run of mine diamond sale.