Royalty Interests means, collectively, the royalty interests created under each of the Conveyances.

Royalty Interests means, collectively, the Perpetual Royalty Interests and the Term Royalty Interests.

Royalty Interests has the meaning set forth in the recitals to this Agreement.

Examples of Royalty Interests in a sentence

Independent petroleum engineers estimate the net proved reserves attributable to the Royalty Interests.
Management estimated the fair value of the Royalty Interests by calculating the difference between the present value of the future payment stream using management's estimate of a market interest rate of approximately 15% and the face value of the loan being USD$25 million and the stated interest rate of the loan (7%).
These Royalty Interests are over potential future projects which have not yet been defined.
Revenues from Royalty Interests are recognized in the period in which amounts are received by the Trust.
As a result, the Company has determined the fair value of the Royalty Interests by estimating the fair value of the consideration received.

More Definitions of Royalty Interests

Royalty Interests means all Royalties now owned or hereafter acquired by or for the benefit of a Credit Party, in or relating to a Project, with the Collateral Royalties in existence as of the Closing Date described on Schedule 1.1(a) hereto and all other Royalties (other than the Collateral Royalties) in existence and held by a Credit Party as of the Closing Date described on Schedule 1.1(d) hereto, and all Metals received or receivable with respect thereto, now held or hereafter acquired by a Credit Party, whether pursuant to a Royalty Agreement or otherwise.

Royalty Interests has the meaning set forth in Section 5.10(a).

Royalty Interests means the royalty interests conveyed to the Trust by the Conveyances.

Royalty Interests means royalty interests, net profits interests and similar interests pursuant to which the owner thereof is entitled to a share of the production of Petroleum Substances from the lands or xxxxx to which the interests relate or to a payment calculated by reference to the quantity of such production or to a payment calculated by the proceeds, (whether gross or net) received from the sale of such production;

Royalty Interests means, whether now owned or hereafter acquired, existing now or in the future, any and all overriding royalty interests (including participating and non-participating interests), royalty interests, net profits interests, production payment interests, non-cost bearing ownership interests, and all other leasehold burdens or burdens upon Hydrocarbon production and similar rights, titles, interests or estates owned by or for the benefit of the Loan Parties related to (i) Hydrocarbons that may be produced and saved and (ii) any other Hydrocarbon Interests.

Royalty Interests means all carried profits, net profits, net revenue, royalty interests (including the obligation attributable thereto to pay all ad valorem, property, production, severance and similar taxes and assessments based on or measured by the ownership of Petroleum and Natural Gas Rights or the production of Petroleum Substances in respect of such Petroleum and Natural Gas Rights) and similar Petroleum and Natural Gas Rights reserved or payable (by way of a share in production of Petroleum Substances or by way of money) to any Person or entity.