Black Fox Extension definition

Black Fox Extension means the property that is described in Schedule “A2” attached hereto;
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Examples of Black Fox Extension in a sentence

  • On November 5, 2012, Brigus elected to repurchase a portion of the stream by paying $24.4 million to Sandstorm, which resulted in Sandstorm being entitled to 8% of the future production at the Black Fox mine and 6.3% at the Black Fox Extension.

  • According to the gold purchase agreement, Sandstorm is entitled to 8% of production at the Black Fox mine and 6.3% at the Black Fox Extension.

  • The Company has a Gold Stream to purchase 8% of the life of mine gold produced from McEwen Mining Inc.’s (“McEwen”) open pit and underground Black Fox mine, located in Ontario, Canada (the “Black Fox Mine”), and 6.3% of the life of mine gold produced from McEwen’s Black Fox Extension, which includes a portion of McEwen’s Pike River concessions, for a per ounce cash payment equal to the lesser of $577 and the spot price of gold.

  • Sandstorm is now entitled to 8% of the future production at the Black Fox mine and 6.3% at the Black Fox Extension.

  • Under the agreement, the Company is obligated to sell 8% of the future gold production at the Black Fox mine and 6.3% at the adjoining Pike River property (Black Fox Extension).

  • If, after the term of the Agreement (November 9, 2090), the Uncredited Balance has not been reduced to $nil, then the Company will be required to repay the amount of the Uncredited Balance.On November 5, 2012, Brigus elected to repurchase 4% and 3.7% of the future gold production at the Black Fox mine and Black Fox Extension, respectively, for $24.4 million, thereby reducing the original Uncredited Balance to $31.9 million.

  • Sandstorm is now entitled to 8% of the production from the Black Fox Mine and 6.3% of the production from the Black Fox Extension.

  • Brigus has the option, for a 24 month period, to reduce the Gold Stream to 6% of production from the Black Fox Mine and 4.5% of production from the Black Fox Extension for a payment of $36.6 million.

  • The Company has a Gold Stream to purchase 8% of the life of mine gold produced from Primero Mining Corp.’s (“Primero”) open pit and underground Black Fox mine, located in Ontario, Canada (the “Black Fox Mine”), and 6.3% of the life of mine gold produced from Primero’s Black Fox Extension, which includes a portion of Primero’s Pike River concessions, for a per ounce cash payment equal to the lesser of $524 and the then prevailing market price of gold.

  • The Project is obligated to sell 8% of the gold production at the Black Fox Mine and 6.3% at the adjoining Pike River property (Black Fox Extension).

Related to Black Fox Extension

  • Service Extension shall have the meaning set forth in Section 7.1(c).

  • Line Extension means the provision of facilities (including, but not limited to, poles, fixtures, wires, and appurtenances) necessary for delivering electrical energy from the point of origin to one or more of the customer's points of delivery. Facilities provided by the Company to maintain, protect, upgrade, or improve its overall distribution system (even if necessary due to a customer's load addition) are not considered part of a line extension.

  • Non-Extension Notice has the meaning specified in Section 2.10.

  • Second Extension Period means the period commencing on the day following the First Extended Scheduled Maturity Date and ending on the Second Extended Scheduled Maturity Date.

  • Non-Extension Notice Date has the meaning specified in Section 2.03(b)(iii).

  • Extension Term means the time period defined in §2.C.

  • Debt service extension base means an amount equal to that

  • Non-Extension Drawing has the meaning specified in Section 3.5(d).

  • Extended Term shall have the meaning given such term in Section 2.4.

  • Second Extension Option shall have the meaning set forth in Section 2.6.1 hereof.

  • Contract Term Extension means an extension of the term of this contract, at the request of Purchaser, under this Subsection. This Subsection does not obligate Contracting Officer to grant Contract Term Extension. When such extension is made, Forest Service shall make an appraisal using standard Forest Service methods and appraisal data in effect 45 days prior to the original Termination Date. Bid Premium Rates shall be added to such appraised rates to establish Flat Rates or Tentative Rates for the extension period. In event rates so established would develop Current Contract Value immediately prior to such an extension that is less than Current Contract Value at that time, Flat Rates and Tentative Rates in effect immediately prior to extension shall be retained for the extension period. In consideration for granting an extension, Purchaser shall pay the Government for Purchaser’s failure to cut and remove timber meeting Utilization Standards prior to Contract Term Extension, an amount that shall be the total of the costs to the Government resulting from the delay in harvest of Included Timber. Such costs will be determined by Forest Service and shall include, but not be limited to, the following:

  • First Extension Period means a period of twelve (12) consecutive months following the Initial Maturity Date.

  • Resolution Extension Period As defined in Section 2.03(b).

  • Minimum Extension Condition has the meaning assigned to such term in Section 2.23(b).

  • First Extension Option shall have the meaning set forth in Section 2.6.1 hereof.

  • Initial Extension of Credit means the earlier to occur of the initial Borrowing and the initial issuance of a Letter of Credit hereunder.

  • Extension Option shall have the meaning set forth in Section 2.5(c) hereof.

  • Non-Extending Bank has the meaning set forth in Section 2.09(a) hereof.

  • Extended Term Loan shall have the meaning assigned to such term in Section 2.21(e).

  • Extension Effective Date has the meaning assigned to such term in Section 2.22(a).

  • Non-Extension Advance means an Advance made pursuant to Section 2.02(b).

  • Extension Deadline means, with respect to a letter of credit, the Cutoff Time on the Business Day preceding the day on which the letter of credit expires.

  • Extension Notice has the meaning specified in Section 308.

  • REO Extension As defined in Section 3.16(a).

  • Auto-Extension Letter of Credit has the meaning specified in Section 2.03(b)(iii).

  • Grace Period Extension Date means, if: