Glamis definition
Examples of Glamis in a sentence
These benefits include, without limitation, participation in the Glamis Gold, Inc.
Any notice or other communication hereunder shall be given in writing and delivered by hand, by overnight courier or by facsimile at the following addresses: If to Glamis: Glamis de Mexico, S.A. de C.V Attn: Secretary c/o Glamis Gold Ltd.
In the event that MSX causes silver or other refined metals other than refined gold to be produced from Minerals mined from the Properties, or in the event that MSX sells raw ore, dore or concentrates produced from Minerals mined from the Properties, the percentage of Net Returns to be paid Glamis for such products shall be that percentage set forth in Section 2.2(a) determined based on the price of gold as provided in Section 2.3.
All Royalty Payments made during each calendar year shall be considered final and in full satisfaction of all obligations of MSX with respect thereto, unless Glamis gives MSX written notice describing and setting forth a specific objection to the determination thereof within ninety (90) days following the end of the calendar year during which such Royalties were paid.
FOR GOOD AND VALUABLE CONSIDERATION RECEIVED, the receipt and sufficiency of which MSX hereby acknowledges, MSX grants to Glamis a royalty (the "Royalty") on the Net Returns of all Minerals mined and removed from the Properties and sold or deemed to have been sold by or for MSX, on the terms and conditions herein specified.