70% Interest definition

70% Interest means a seventy percent (70%) undivided right, title and interest in and to the Property and in all rights of the Optionor with respect thereto;

Examples of 70% Interest in a sentence

  • Refer to ASX Announcement 8 April 2021 ‘SBM Acquires 70% Interest in Lake Wells Gold Project’.

  • Expected life (years) 7.0 7.0 7.0 Interest rate 5.8% 5.5% 5.5% Volatility 63.0% 63.0% 40.0% Dividend yield 0.0% 0.0% 0.0% ----------- ----------- ----------- NOTE 3: COMMON STOCK WARRANTS The Company has issued warrants to purchase common shares, which are exercisable over periods of up to 7 years from date of issuance.

  • The district court initially excluded Exhibits 10 and 11, finding them prejudicial and lacking of relevance.

  • The foregoing provisions with respect to the exercise of the Interest Option and acquisition of a 70% Interest in the Property constitute an option only and nothing contained in this Agreement shall obligate AMERA to fund any Expenditures or conduct any drilling on or for the benefit of the Property, subject to the obligation of AMERA to pay claim fees, taxes and rents, if required pursuant to Section 4.3.

  • During fiscal 2017, the Company wrote-down acquisition costs of $37,721 associated with this property.CL25 Property 50,500 50,500A 70% Interest.

  • Figure 70: Interest in collaboration with research and development The managers in the fish farming companies are very interested in getting information and new opportunities for establishing new collaboration with R&D institutions.

  • Parklane Hosiery and the Restatement indicate that foreseeability is not a concern when such active litigation occurred in the first action.

  • Balances with related parties: 2015 2014 Trade payables $ 24 $ 70 Interest payable (note 17) 69 45 Revolving credit facility (note 17) 433 484Transactions during the year with related parties: 2015 2014 Purchases $ 172 $ 175 Finance expense 30 34 The Corporation provides key management personnel, being board directors and executive officers, certain benefits, in addition to their salaries.

  • Expected life (years) 7.0 7.0 7.0 Interest rate 5.8% 5.5% 5.5% Volatility 63.0% 63.0% 40.0% Dividend yield 0.0% 0.0% 0.0% ----- ----- ----- NOTE 3: COMMON STOCK WARRANTS The Company has issued warrants to purchase common shares, which are exercisable over periods of up to 7 years from date of issuance.

  • Floating rate note and bond income 13 36 70 Interest on convertible bonds and debt issued at a discount 52 - -–––––––– –––––––– ––––––––65 36 70Income recognised on investments held at amortised costReturn on loan stock investments 305 345 618Bank deposit interest 66 89 164–––––––– –––––––– ––––––––371 434 782–––––––– –––––––– ––––––––436 470 852–––––––– –––––––– ––––––––All of the Company’s income is derived from operations based in the United Kingdom.

Related to 70% Interest

  • Asset Interest is defined in Section 2.1(b).

  • L/C Interest shall have the meaning ascribed to such term in Section 3.6 hereof.

  • Class X Interest The regular interest in the Class X REMIC represented by the Class X Certificates as specified and described in the Preliminary Statement and the related footnote thereto.

  • Income interest means the right of an income beneficiary to receive all or part of net income, whether the terms of the trust require it to be distributed or authorize it to be distributed in the trustee's discretion.

  • Class P Interest An uncertificated interest in the Trust Fund held by the Trustee on behalf of the Holders of the Class P Certificates, evidencing a Regular Interest in REMIC III for purposes of the REMIC Provisions.

  • Class R-3 Interest The uncertificated Residual Interest in REMIC 3.

  • Interest when used with respect to an Original Issue Discount Security which by its terms bears interest only after Maturity, means interest payable after Maturity.

  • Class R-I Interest The uncertificated Residual Interest in REMIC I.

  • Class B Interest Each of the Class B-1 and Class B-2 Interests.

  • Transferred Interest means, at any time of determination, an undivided percentage ownership interest in (i) each and every then outstanding Receivable, (ii) all Related Security with respect to each such Receivable, (iii) all Collections with respect thereto, and (iv) other Proceeds of the foregoing, which undivided ownership interest shall be equal to the Aggregate Percentage Factor at such time, and only at such time (without regard to prior calculations). The Transferred Interest in each Receivable, together with Related Security, Collections and Proceeds with respect thereto, shall at all times be equal to the Transferred Interest in each other Receivable, together with Related Security, Collections and Proceeds with respect thereto. To the extent that the Transferred Interest shall decrease as a result of a recalculation of the Aggregate Percentage Factor, the Administrative Agent on behalf of the applicable Class Investors shall be considered to have reconveyed to the Transferor an undivided percentage ownership interest in each Receivable, together with Related Security, Collections and Proceeds with respect thereto, in an amount equal to such decrease such that in each case the Transferred Interest in each Receivable shall be equal to the Transferred Interest in each other Receivable.

  • Trust Interest means an account owner's interest in the trust created by a participating trust

  • Class CE Interest An uncertificated interest in the Trust Fund held by the Trustee on behalf of the Holders of the Class CE Certificates, evidencing a Regular Interest in REMIC III for purposes of the REMIC Provisions.

  • Class R-4 Interest The uncertificated Residual Interest in REMIC 4.

  • Economic Interest means a Person’s right to share in the income, gains, losses, deductions, credits, or similar items of the Company, and to receive Distributions from the Company, but excluding any other rights of a Member, including the right to vote or to participate in management, or, except as may be provided in the Act, any right to information concerning the business and affairs of the Company.

  • Earned Interest means the interest and other income actually received or credited on the investment of the Escrowed Funds between the date hereof and the earlier to occur of the Acquisition Closing Date and the Termination Date.

  • Class R-IV Interest The uncertificated Residual Interest in REMIC IV.

  • Class IO Interest An uncertificated interest in the Trust Fund held by the Trustee, evidencing a REMIC Regular Interest in REMIC III for purposes of the REMIC Provisions.

  • Member Interest means an equity interest of a Member in the Company and includes any and all benefits to which such Member is entitled as provided in this Agreement, together with all obligations of such Member pursuant to the terms and provisions of this Agreement.

  • LLC Interest means a membership interest or similar interest in a limited liability company.

  • Deferred Interest shall have the meaning set forth in Section 4.1.

  • Class R-1 Interest The uncertificated Residual Interest in REMIC 1.

  • Periodic Interest means, with respect to any Payment Date, the periodic interest for such Payment Date as specified in the Series Supplement.

  • Overdue Interest means any interest payable pursuant to Section 2.8(b) of the Credit Agreement.

  • registered interest means an international interest, a registrable non-consensual right or interest or a national interest specified in a notice of a national interest registered pursuant to Chapter V;

  • Class C Interest An uncertificated interest in the Trust Fund held by the Trustee on behalf of the Holders of the Class C Certificates, evidencing a Regular Interest in REMIC 3 for purposes of the REMIC Provisions.

  • Capital Interest means the proportion that a Member's positive Capital Account bears to the aggregate positive Capital Accounts of all Members whose Capital Accounts have positive balances as may be adjusted from time to time.