Trading Activities definition
Examples of Trading Activities in a sentence
The Royalty Holder shall not be obligated to share in any losses generated by any such Trading Activities with respect to any Products.
The Royalty Holder acknowledges that the Payor and its Affiliates engaging in Trading Activities may result in the Payor and its Affiliates realizing, from time to time, greater or lesser profit for the Products than does the Royalty Holder.
Any Trading Activities engaged in by the Payor or its Affiliates in respect of Products produced from the Properties and the profits and losses generated thereby, shall not, in any manner, be taken into account in the calculation of Gross Revenues or Royalty payment amounts due to the Royalty Holder hereunder, whether in connection with the determination of price, the date of sale, the date any Royalty payment is due or in any other respect.
Any Trading Activities engaged in by the Payor or its Affiliates in respect of Products produced from the Laguna Project Properties and the profits and losses generated thereby, shall not, in any manner, be taken into account in the calculation of Gross Revenues or Royalty payment amounts due to the Royalty Holder hereunder, whether in connection with the determination of price, the date of sale, the date any Royalty payment is due or in any other respect.
Any Trading Activities engaged in by the Payor or its Affiliates in respect of Products produced from the Concessions and the Area of Interest, and the profits and losses generated thereby, shall not, in any manner, be taken into account in the calculation of Gross Revenues or Royalty payment amounts due to the Royalty Holder hereunder, whether in connection with the determination of price, the date of sale, the date any Royalty payment is due or in any other respect.