Ag-Eq definition
Examples of Ag-Eq in a sentence
Exhibit E sets out a sample calculation of total AgEq used to determine the Total Resource Estimate for illustrative purposes only.
If the Vendors dispute any such data, reports and calculations used in preparing any Parent Technical Report that would result in a difference in the Total Resource Estimate of greater than 4 million AgEq oz, any of the Vendors may provide a written notice of dispute to the Purchaser within 20 Business Days following the receipt of any Parent Technical Report.
If the difference is less than 1,000,000 AgEq oz, the Contingent Payments shall be prorated on a linear interpolation basis.
For example, if the total AgEq oz exceeds the AgEq oz Threshold by 500,000 AgEq oz, the Additional Contingent Payment shall be $250,000.