Payable Silver means the number of ounces of Produced Silver contained in any delivery of Minerals to an Offtaker, less the number of ounces of silver deducted on account of the processing of such silver into Refined Silver, excluding any Offtaker Charges, for which number of ounces any Primero Entity (or their predecessors) or any of their Affiliates receives a Silver Payment.
Payable Silver has the meaning set forth in Section 7.4.
Payable Silver means 90% of any and all silver in whatever form or state that is mined, produced, extracted or otherwise recovered from the Tenements, including
Examples of Payable Silver in a sentence
The quotational period for Payable Copper, Payable Gold and Payable Silver in each Parcel of Concentrates delivered hereunder, shall be, at the Purchasers’ Agent’s option, declared on a shipment by shipment basis by no later than the last day of the Month of Scheduled Shipment, any month in the period between (i) the month after the Month of Scheduled Shipment, and (ii) the third month following the month of the Date of Arrival of the vessel at the Discharge Port (the “Quotational Period”).
More Definitions of Payable Silver
Payable Silver means 100% of the Produced Silver contained in each Offtaker Delivery occurring from and after the Effective Date until the termination of this Agreement (prior to any Offtaker Charges) reduced in accordance with the requirements set out in Schedule C.
Payable Silver shall have the meaning set forth in Section 8.3 of this Agreement.
Payable Silver means silver in respect of which Cobar receives or is entitled to receive (as agent for Coeur Australia) payment from a Counterparty.
Payable Silver shall have the following meaning: If the full silver content (as ascertained by assay in accordance with Article 13) of each DMT of Concentrates is ≥ 30 grams per DMT then the term “Payable Silver” shall mean 100% of such full silver content less a 15 grams per DMT deduction; and if the full silver content (as ascertained by assay in accordance with Article 13) of each DMT of Concentrates is < 30 grams per DMT then the term “Payable Silver” shall mean zero percent (0%) of such full silver content (i.e. no payment).”
Payable Silver means the number of ounces of Silver for which [ edited text ] receives payment from a Smelter pursuant to and in accordance with a Concentrate Purchase Agreement.
Payable Silver means zero percent (0%) of such full silver content (i.e. no payment).”
Payable Silver means: