Underlying Royalties definition

Underlying Royalties means the Aguila Plateada Royalty, Fibela Royalty and IMDEX Royalty

Underlying Royalties means the underlying royalties and existing rights identified as such and described in the agreements listed in Schedule “D” affecting the Property as of the date of this Agreement; and

Underlying Royalties means any and all royalties payable on or in respect of all or any portion of the Property, or in respect of any production from all or any portion of the Property pursuant to any of the Underlying Agreements;

Examples of Underlying Royalties in a sentence

• Fronteer hereby grants to Grandview the sole and exclusive right and option exercisable in the manner described herein, to acquire a 51% undivided interest in the Property, free and clear of all liens, charges, encumbrances, security interests and adverse claims, except for and subject to the Underlying Agreements and the proportionate responsibility for the Underlying Royalties.

• The Noyon-Xxxxxxxx Property is free and clear of all Liens and obligations or liabilities to others, including royalties or other payments in the nature of a royalty, adverse claims, orders or judgments (including any pending or threatened legal proceedings which might result in any such orders or judgments) and other interests of whatever nature or kind, recorded or unrecorded, except for the Underlying Royalties and the Underlying Payment.

• In the equation for Ov, Eq. (2), we identify three competing terms: the two noise terms V1 ≡ AOx and V2 ≡ θ (B − 2v), and the damping term −Ov:dOv = −Ov + A(t )Ox + θ (B(t ) − 2v¯) .

• Upon exercising the Option, Agnico-Eagle shall assume, to the extent of its ownership interest in the Mining Properties, the obligations of BZA in respect of the Underlying Royalties, and promptly execute and deliver all documents and take all action necessary or appropriate to give effect thereto.

• Upon Evanachan satisfying the obligations under Section 6.1, it shall have exercised the Second Option and Evanachan shall have a 70% undivided interest and Rimfire shall have a 30% undivided interest in the Property, subject to the Underlying Royalties.

More Definitions of Underlying Royalties

Underlying Royalties means the royalties payable as described in Schedule C.

Underlying Royalties has the meaning ascribed to it on the first page of this Agreement; (mm)

Underlying Royalties shall equal, in respect of a calendar quarter, the aggregate of all underlying royalty amounts actually paid by Newmont to persons other than Barrick, Newmont and Newmont’s affiliates in such calendar quarter on the production and/or sale of (i) Mineral Substances produced from the Property and giving rise to the Revenues received by Newmont and its affiliates in such calendar quarter as determined by Section A.2, or (ii) fine gold and/or silver bullion or doré bullion produced from the Property and giving rise to the Revenues received by Newmont and its affiliates in such calendar quarter as determined by Section A.3, as the case may be. Only royalty amounts in effect on the date hereof and paid pursuant to royalty agreements transferred to Newmont by Barrick on the date hereof pursuant to the Asset Purchase Agreement shall be included in determining Underlying Royalties.

Underlying Royalties means any royalties on the Properties, NAD Properties, MASA Properties or Future Properties that are part of the lease, purchase, or option of said property from the owner or any royalties that may be imposed by provincial governments;

Underlying Royalties means the royalties in the amount of 2% of net smelter returns in favour of Anglo Gold Xxxxxxx (U.S.A.) Exploration Inc. and 1.75% of net smelter returns in favour of Western Keltic Mines Alaska Inc., which royalties apply to certain of the mineral claims that comprise the Property as described in Schedule A hereto, having the terms particularly described in Schedule D hereto.

Underlying Royalties means the net smelter returns royalty interests held by Anglo Gold Xxxxxxx (U.S.A.) Exploration Inc. and Western Keltic Mines Alaska Inc., as more particularly described in Schedule A to this Agreement.

Underlying Royalties means the royalties in favour of Xxxxx X. English provided for in the Underlying Agreements;