Common use of Minimum Reserve Tail Clause in Contracts

Minimum Reserve Tail. Maintain, as of any date of determination, a Minimum Reserve Tail of at least 30%, which, for the avoidance of doubt, on the date of this Agreement is 76,800 Ounces of Gold.

Minimum Reserve Tail. Maintain, as of any date of determination, a Minimum Reserve Tail of at least thirty percent (30%), which, for the avoidance of doubt, on the date of this Agreement is 76,800 Ounces of Gold.