NET SMELTER RETURNS ROYALTY. 11.1 On the date Placer commences commercial production on the Property, Mr. Almarez shall be entitled to receive and Placer shall pay to Mr. Axxxxxx 0% xf Net Smelter Returns annually.
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Samples: Mineral Rights Revenue Sharing Agreement (Placer Del Mar, Ltd.), Mineral Rights Revenue Sharing Agreement (Placer Del Mar, Ltd.)
NET SMELTER RETURNS ROYALTY. 11.1 On the date Placer commences commercial production on the Property, Mr. Almarez shall be entitled to receive and Placer shall pay to Mr. Axxxxxx Xxxxxxx 0% xf of Net Smelter Returns annually.
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Samples: Mineral Rights Revenue Sharing Agreement (Placer Del Mar, Ltd.)
NET SMELTER RETURNS ROYALTY. 11.1 On the date Placer commences commercial production on the Property, other than commercial production of Conchuela, Mr. Almarez shall be entitled to receive and Placer shall pay to Mr. Axxxxxx Xxxxxxx 0% xf of Net Smelter Returns annually.
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