Payable Metals definition

Payable Metals means collectively the Payable Copper, the Payable Gold and the Payable Silver.
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Payable Metals means Payable Lead, Payable Silver and Payable Zinc, collectively, or as the context may require.
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Payable Metals means Payable Au, Payable Pd and Payable Pt.
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Examples of Payable Metals in a sentence

  • In addition to the provisions of section 7.4 and subject to Article 16, Sandstorm and its authorized representatives shall, during the Term or the Extended Term, as the case may be, be entitled to perform audits or other reviews and examinations of the books and records of Entrée and Entrée LLC relevant to the delivery of Sandstorm Payable Metals pursuant to this Agreement to confirm compliance by Entrée and Entrée LLC with the terms of this Agreement.

  • The obligations of Entrée under this Agreement shall be to deliver and sell the Sandstorm Payable Metals in a manner consistent with the terms of this Agreement.

  • All costs and expenses of any audit or other examination permitted in this section shall be paid by Sandstorm, unless the results of such audit or other examination permitted in this section, disclose a discrepancy in calculations made by Entrée of greater than two percent of Sandstorm Payable Metals calculated by Entrée, in which event the reasonable costs of such audit or other examination shall be paid by Entrée.

  • Payable Metals - Copper Reference Price The agreed payment will be based on the percentage of copper present in the concentrate, which is valued by referencing the price of refined copper on one of the major commodity exchanges: the London Metal Exchange (LME); Shanghai Futures Exchange (SHFE) or the Commodity Exchange Division of the New York Mercantile Exchange (COMEX).

  • Payable Metals – Losses For common concentrate grades of around 30 percent copper, the payable metals percentage will typically align with the actual percentage of copper present.

  • Conversely, if the percentage exceeds 30 percent, the smelter might reduce the recovery adjustment.5 Payable Metals – Precious Metals (Gold and Silver) For gold, quantities below 1 gram per dry tonne of concentrate typically do not receive payment, because they are usually unreasonably expensive or difficult for smelters to recover.

  • Conversely, if the percentage exceeds 30 percent, the smelter might reduce the recovery adjustment.8 Payable Metals – Precious Metals (Gold and Silver) For gold, quantities below 1 gram per dry tonne of concentrate typically do not receive payment, because they are uneconomic for smelters to recover.

  • In recent weeks, a similar securitization deal was completed for $705 million, under the name Popular ABS, Inc., which prospectively will be the only name used by Popular, Inc.

  • In consideration for the sale and delivery of Refined Silver equal to the Silver Equivalent of Payable Metals under and pursuant to the terms of this Agreement, Purchaser hereby agrees to pay to Seller a deposit in cash against the purchase price for such Refined Silver in the amount of $46,000,000.00 (the “Deposit”), payable in accordance with Section 3.2.

  • The quotational period with respect to Payable Metals in any Parcel shall be *[Redacted]* (a “Quotational Period”).

Related to Payable Metals

  • Current Liabilities are all obligations and liabilities of Borrower to Bank, plus, without duplication, the aggregate amount of Borrower’s Total Liabilities that mature within one (1) year.

  • Current Assets of any Person means all assets of such Person that would, in accordance with GAAP, be classified as current assets of a company conducting a business the same as or similar to that of such Person, after deducting adequate reserves in each case in which a reserve is proper in accordance with GAAP.

  • Precious Metal means the following, in coin, bullion, or other form: