Examples of Payable Gold in a sentence
This Agreement shall terminate immediately upon the delivery of all the Payable Gold.
Any payment or delivery of Payable Gold not made by a Party on or by any applicable payment referred to in this Agreement shall incur interest from the due date until such payment or delivery is paid or made in full at a per annum rate equal to the [Redacted] on the due date, calculated and compounded monthly in arrears.
Payable Gold Equivalent (AuEq) calculated by dividing net sales revenue by $1,556 (i.e., $1,561/oz Au less $5/oz Au refining costs).
If the Seller wishes to terminate the delivery of Payable Gold to the Purchaser during the Delivery Period in accordance with the terms and conditions of this Agreement (a “Seller Termination Event”), it shall provide written notice thereof to the Purchaser and the purchase of Refined Gold not delivered shall be cancelled and the Purchaser shall be entitled to receive a one-time termination amount (the “Termination Amount”) [Commercially sensitive information redacted].
As soon as practical following the Closing Date and in any event no later than 15 Business Days following the Closing Date, Banro and the Seller, together with the Purchaser, shall negotiate, execute and deliver an agreement with Auramet International LLC (“Auramet”), creating an account in favour of the Purchaser and setting out the terms by which Auramet will assist the Purchaser in monetizing deliveries of Payable Gold.