Common use of Net Smelter Returns Clause in Contracts

Net Smelter Returns. For the purpose hereof, the term “Net Smelter Returns” shall, subject to paragraphs 3, 4, 5, and 6 below, mean gross revenues received from the sale by the Owner of all ore mined from the Property and from the sale by the Owner of concentrate, doré, metal and products derived from ore mined from the Property, after deduction of the following:

Appears in 3 contracts

Samples: Mining Lease Agreement (Romarco Minerals Inc), Mining Lease Agreement (Romarco Minerals Inc), Mining Lease Agreement (Romarco Minerals Inc)

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Net Smelter Returns. For the purpose hereof, the term "Net Smelter Returns" shall, subject to paragraphs 3, 4, 5, and 6 below, mean gross revenues received from the sale by the Owner of all ore mined from the Property and from the sale by the Owner of concentrate, dorédore, metal and products derived from ore mined from the Property, after deduction of the following:

Appears in 2 contracts

Samples: Regent Property (Keegan Resources Inc.), Fri Property Option Agreement (Keegan Resources Inc.)

Net Smelter Returns. For the purpose hereof, the term “Net Smelter Returns” shall, subject to paragraphs 3, 4, 5, and 6 below, mean gross revenues received from the sale by the Owner of all ore mined from the Property and from the sale by the Owner of concentrate, doré, metal and products derived from ore mined from the Property, after deduction of the following:

Appears in 1 contract

Samples: Mining Lease Agreement (Romarco Minerals Inc)

Net Smelter Returns. For the purpose purposes hereof, the term "Net Smelter Returns" shall, subject to paragraphs 3, 4, 5, and 6 below, mean gross revenues received from the sale by the Owner of all ore mined from the Property and from the sale by the Owner of concentrate, doré, metal and products derived from ore mined from the Property, after deduction of the following:

Appears in 1 contract

Samples: Asset Purchase and Sale, Royalty and Indemnity Agreement (Seabridge Gold Inc)

Net Smelter Returns. For the purpose hereof, the term “Net Smelter Returns” shall, subject to paragraphs 2, 3, 4, 5, and 6 5 below, mean gross revenues received from the sale by the Owner Payor of all ore mined from the Property Claim and from the sale by the Owner Payor of concentrate, doré, metal and products derived from ore mined from the PropertyClaim (the “Products”), after deduction of the following:

Appears in 1 contract

Samples: Property Purchase Agreement (Pretium Resources Inc.)

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Net Smelter Returns. For the purpose hereof, the term “Net Smelter Returns” shall, subject to paragraphs 3, 4, 5, and 6 below, mean gross revenues received from the sale by the Owner of all ore mined from the NSR Property and from the sale by the Owner of concentrate, doré, metal and products derived from ore mined from the NSR Property, after deduction of the following:

Appears in 1 contract

Samples: Share Purchase Agreement (Alio Gold Inc.)

Net Smelter Returns. For the purpose hereof, the term "Net Smelter Returns" shall, subject to paragraphs 3, 4, 5, and 6 below, mean gross revenues received from the sale by the Owner of all ore mined from the Property and from the sale by the Owner of concentrate, doré, metal and products derived from ore mined from the Property, after deduction of the following:

Appears in 1 contract

Samples: Agreement (Seabridge Gold Inc)

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