Byproduct definition

Byproduct means any mineral or minerals (exclusive of oil, hydrocarbon gas, and helium) which are found in solution or in association with geothermal steam and which have a value of less than 75 per centum of the value of the geothermal steam or are not, because of quantity, quality, or technical difficulties in extraction and production, of sufficient value to warrant extraction and production by themselves;

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Byproduct means a material that is not one of the pri- mary products of a production process and is not solely or sepa- rately produced by the production process.

Byproduct means any additional product, other than the principal or intended product, which results from extracting or manufacturing activities and which has a market value, without regard to whether or not such additional product was an expected or intended result of the extracting or manufacturing activities.

Examples of Byproduct in a sentence

In computing the Royalty, ownership of the Product or Byproduct shall be allocated between Processing Facilities Area ore and other ore on the basis of the metal content and weight of the concentrate from each ore.
Lessee covenants and agrees to pay Lessor a royalty for Byproducts produced from the Lease Area, at a rate of five percent (5%) of the per short ton or other applicable weight, volume or other unit measure Fair Market Value of such Byproduct (“Byproducts Royalty”), as further described and on the terms set forth in the attached Exhibit D.
Lessee shall pay to Lessor a royalty for Byproducts produced from the Lease Area, at a rate of five percent (5%) of the per short ton or other applicable weight, volume or other unit measure Fair Market Value of such Byproduct (“Byproducts Royalty”).
Royalties shall accrue at the time of sale of Products or Byproducts from the Processing Facilities Area or time that the Product or Byproduct is consumed without sale by Grantor and in the amount as provided in Section 3.0 above.
Grantor shall pay to Royalty Holder a royalty for Byproducts produced from the Processing Facilities Area, at a rate of five percent (5%) of the per short ton or other applicable weight, volume or other unit measure Fair Market Value of such Byproduct (“Byproducts Royalty”).

More Definitions of Byproduct

Byproduct means a secondary product with marginal economic value outside its use in a biofuel pathway.

Byproduct means minerals other than Rare Earth Elements that are produced in marketable form as a byproduct of mining Rare Earth Elements.

Byproduct means all non-product outputs of toxic substances generated by a production process, prior to handling, transfer, treatment, or release;

Byproduct means any element or compound in the finished vapor product, or in the vapor produced during consumption of a vapor product, which:

Byproduct means a compound, molecule or any extract of a living or dead organism resulting from any metabolic process;

Byproduct means a material that is not one of the pri- mary products of a production process and is not solely or sepa- rately produced by the production process. Examples of by−prod- ucts are process residues such as slags or distillation column bottoms. “By−product” does not include a co−product that is pro- duced for the general public’s use and is ordinarily used in the form it is produced by the process.

Byproduct means any substance, other than rice, produced incidentally during the harvesting and milling of paddy rice[