Common use of Provisional Payments Clause in Contracts

Provisional Payments. If any royalty becomes due and payable to the Royalty Holder prior to the Payor’s final estimates of the total amount payable, then the Payor shall pay the Royalty Holder a provisional royalty payment using the Payor’s then current estimates of the amount payable for Products produced during the Calendar Quarter.

Appears in 6 contracts

Samples: Option Agreement (Punchline Resources Ltd.), Agreement (Northern Minerals & Exploration Ltd.), Option Agreement (Punchline Resources Ltd.)

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Provisional Payments. If any royalty Royalty becomes due and payable to the Royalty Holder prior to the Payor’s 's final estimates of the total amount payable, then the Payor shall pay the Royalty Holder a provisional royalty payment using the Payor’s 's then current estimates of the amount payable for Products produced during the Calendar Quarter.

Appears in 2 contracts

Samples: Option Agreement (Fronteer Development Group), Option Agreement (Northwestern Mineral Ventures Inc.)

Provisional Payments. If any royalty becomes due and payable to the Royalty Holder prior to the Payor’s 's final estimates of the total amount payable, then the Payor shall pay the Royalty Holder a provisional royalty payment using the Payor’s 's then current estimates of the amount payable for Products produced during the Calendar Quarter.

Appears in 1 contract

Samples: Joint Venture Agreement (Balaton Power Inc)

Provisional Payments. If any royalty payment becomes due and payable to the Royalty Holder prior to the PayorPayer’s final estimates of the total amount payable, then the Payor Payer shall pay the Royalty Holder a provisional royalty payment using the PayorPayer’s then current estimates of the amount payable for Products produced during the Calendar Quarter.

Appears in 1 contract

Samples: Option Agreement (Silver Stream Mining Corp.)

Provisional Payments. (d) If any royalty Royalty payment becomes due and payable to the Royalty Holder prior to the Payor’s final estimates of the total amount payable, then the Payor shall pay the Royalty Holder a provisional royalty Royalty payment using the Payor’s then current estimates of the amount payable for Products produced sold during the Calendar Quarter.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Crosshair Exploration & Mining Corp)

Provisional Payments. If any royalty payment becomes due and payable to the Royalty Holder prior to the Payor’s 's final estimates of the total amount payable, then the Payor shall pay the Royalty Holder a provisional royalty payment using the Payor’s 's then current estimates of the amount payable for Products produced during the Calendar Quarter.

Appears in 1 contract

Samples: Option and Joint Venture Agreement (Crosshair Exploration & Mining Corp)

Provisional Payments. If any royalty payment becomes due and payable to the Royalty Holder prior to the Payor’s final estimates estimate of the total amount payable, then the Payor shall pay the Royalty Holder a provisional royalty payment using the Payor’s then current estimates estimate of the amount payable for Products produced during the Calendar Quarter.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Crosshair Exploration & Mining Corp)

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Provisional Payments. If any royalty the Royalty becomes due and payable to the Royalty Holder prior to the Payor’s Owner's final estimates settlement of the total amount payable, then the Payor Owner shall pay the Royalty Holder a provisional royalty Royalty payment using determined in accordance with any provisional payment or credit received by the Payor’s then current estimates of the amount payable for Products produced during the Calendar QuarterOwner.

Appears in 1 contract

Samples: Purchase and Sale Agreement (District Metals Corp.)

Provisional Payments. If any royalty Royalty becomes due and payable to the Royalty Holder prior to the Payor’s final estimates of the total amount payable, then the Payor shall pay the Royalty Holder a provisional royalty payment using the Payor’s then current estimates of the amount payable for Products produced during the Calendar Quarter.

Appears in 1 contract

Samples: Fronteer Development Group Inc

Provisional Payments. If any royalty payment becomes due and payable to the Royalty Holder prior to the Payor’s final estimates of the total amount payable, then the Payor shall pay the Royalty Holder a provisional royalty payment using the Payor’s then current estimates of the amount payable for Products produced during the Calendar Quarter.

Appears in 1 contract

Samples: Option Agreement (Avino Silver & Gold Mines LTD)

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