Commingling Plan definition

Commingling Plan has the meaning set out in Section 7.2(b).
Commingling Plan has the meaning set out in Clause ‎6.2(A).
Commingling Plan has the meaning given to such term in Section 6.2(b). “Confidential Information” has the meaning given to such term in Section 12.2(a).

Examples of Commingling Plan in a sentence

  • The Seller agrees to revisit the Commingling Plan if the Agent determines that circumstances have changed, in order to ensure that the Commingling Plan continues to provide for the accurate measurement of gold produced from the Properties.

  • The Seller PSA Entities agree to revisit the Commingling Plan and the Compensation Agreement if Purchaser determines that circumstances have changed, in order to ensure that the Commingling Plan continues to provide for the accurate measurement of Minerals and the Compensation Agreement reasonably compensates Purchaser for any disadvantage.

  • The Parties agree to amend the terms of the Completion Test, as determined appropriate by each, acting commercially reasonably, in connection with the adoption of any Commingling Plan prior to the Completion Target Date.

  • The Seller agrees to revisit the Commingling Plan if the Purchaser determines that circumstances have changed, in order to ensure that the Commingling Plan continues to provide for the accurate measurement of gold produced from the Properties.

  • The Grantor and BHMC agree to revisit the Commingling Plan and the Compensation Agreement if Holder determines that circumstances have changed, in order to ensure that the Commingling Plan continues to provide for the accurate measurement of Products and the Compensation Agreement reasonably compensates Holder for any disadvantage.

  • The Payor agrees to revisit the Commingling Plan and the Compensation Agreement if the Payee determines that circumstances have changed, in order to ensure that the Commingling Plan continues to provide for the accurate measurement of Minerals and the Compensation Agreement reasonably compensates the Payee for any disadvantage.

  • To the extent in its control, Seller shall cause the Commingling Plan to be amended, from time to time, as may be necessary to ensure that it continues to meet the requirements of this provision.

  • The Seller PSA Entities agree to revisit, or cause the Mine Owner or other applicable Seller Group Entity to revisit, the Commingling Plan and the Compensation Agreement if Purchaser reasonably determines that circumstances have changed, in order to ensure that the Commingling Plan continues to provide for the accurate measurement of Minerals and the Compensation Agreement reasonably compensates Purchaser for any disadvantage.

  • Seller and BHMC agree to revisit the Commingling Plan and the Compensation Agreement if Purchaser, acting reasonably, determines that circumstances have changed, in order to ensure that the Commingling Plan continues to provide for the accurate measurement of Minerals and the Compensation Agreement reasonably compensates Purchaser for any disadvantage.

  • The Parties acknowledge that Priority Processing may occur at any time, provided (A) a Commingling Plan has been adopted, (B) the Commingling Plan and other information referred to in Section 7.3(c)(ii) have been provided to Purchaser, and (C) notice and reasonable details of the proposed Priority Processing are delivered to Purchaser at least five (5) Business Days in advance.


More Definitions of Commingling Plan

Commingling Plan has the meaning set out in Section 6 . 2 (b) . "Companies Act" means the Companies Act, No . 71 of 2008 of the Republic of South Africa, together with the Companies Regulations 2011 , promulgated thereunder . "Completion Date" means the first day following the final Outturn in respect of a consecutive three month period in which the aggregate of the Outturns for this consecutive three month period : (a) equals or exceeds the amount of planned Refined Gold production for the corresponding three month period in the Mine Plan; and (b) is equal to or greater than 21,000 oz ( twenty one thousand ounces). "Confidential Information" has the meaning set out in Section 6 . 9 ( a ) . "Consolidation Order" has the meaning given to it in Section 16 . l ( b )( i ) . "Construction Budget" means the detailed ZAR 870 , 700 , 000 budget for the construction of the Project, as set forth at Schedule A, as the same may be amended, revised, supplemented or replaced from time to time in accordance with the terms of this Agreement . "Contract" means any agreement, contract, lease, licence or mineral claim, and includes, without limitation, ( i ) any unilateral instrument such as a mortgage, deed of trust, debenture, note or indenture, provided the same creates a legally valid and binding contractual obligation of the grantor thereunder, enforceable by the grantee in accordance with its terms and ( ii ) any agreements, contracts, licences, servitudes, easements or mineral claims . "Control" means, without limiting the generality of the term, in relation to a juristic Person the ability of another person, directly or indirectly, to ensure that the activities and business of that juristic Person are
Commingling Plan means a written plan specifying in reasonable detail the methods and procedures for weighing, measuring, sampling and analyzing Subject Metals and other valuable products from other properties prior to commingling the same, so that quantities of Subject Metals and other valuable products from the Subject Properties and the Royalty can be reasonably and accurately determined, provided that such plan shall comply with Good Mining Practice and shall be prepared by Seabridge and submitted to and approved by Royal Gold prior to commingling of Subject Metals with other valuable products from other properties in accordance with Section 4.3;
Commingling Plan has the meaning set out in Section 7.3(c)(i). “Compensation” has the meaning set out in Section 7.9(b). “Confidential Information” has the meaning set out in Section 7.6(a).