Net Returns definition

Net Returns for a Calendar Quarter in respect of all of the Products means the Returns less the Allowable Deductions.
Net Returns means for any period the amount of earned revenues actually paid to and received by Xxxxx by any refinery or other purchaser of metals, ores, minerals or mineral substances, or concentrates produced therefrom for products mined from the Property, less all of the following.
Net Returns means the Gross Returns from any and all ores, metals, minerals and materials of every kind and character found in, on or under the Claims ("Valuable Minerals"), extracted, produced and sold or deemed to have been sold from the Claims, less all Allowable Deductions.

Examples of Net Returns in a sentence

  • SMMI currently holds a 75% interest in the South Mountain Project and has the right to acquire the remaining 25% upon satisfying a 5% Net Returns Royalty capped at US$5,000,000 which is due on or before November 3, 2026.

  • Thomas Doellman & Sabuhi Sardarli, Investment Fees, Net Returns, and Conflict of Interest in 401(k) Plans, 39 J.

  • A 2 % Net Returns Royalty ("NSR") is on the property with advance royalties being due of $30,000 per year commencing in 2009.

  • Kitrinor will have the sole and exclusive right and option to purchase 1% of the Royalty (such that the remaining Royalty shall be reduced to 2% of Net Returns) for a price equal to the Reduction Price of $1,500,000.

  • CEF Net Returns are hypothetical results calculated from actual gross results in a manner consistent with the 1% management fee and 18% performance fee offered to clients.


More Definitions of Net Returns

Net Returns means the Gross Value received by the Grantor from the sale or other disposition of Minerals, less the following expenses incurred by the Grantor with respect to such Minerals after they leave the Property, as the case may be:
Net Returns means the total consideration , in any form, including equity, receivable by the Managing Party from third parties based on exploiting the Project IP minus all IP Protection and Commercialisation Costs incurred by the Managing Party, but excluding research funds received from third parties for further development of the Project IP.
Net Returns inventory previously sold that has been returned to warehouses designated and owned, leased or otherwise controlled by the Borrower and its Subsidiaries for investigation and/or repair of claimed defects.
Net Returns means Gross Proceeds (as defined in Section 2.3(a) below) less Costs and Expenses (as defined in Section 2.3(b) below).
Net Returns has the meaning established in Exhibit B.
Net Returns means the net amount of money or other net proceeds received from the sale of ore, concentrates, sponge, bullion, or any other form in which minerals or materials (metallic or non-metallic) are produced from the Property after deduction of all treatment charges, penalties, cost of ore in transit, smelter charges, transportation costs or other charges made by a purchaser of the product and all umpire charges which Sterling may be required to pay.
Net Returns shall have the meaning specified in Exhibit D.