PRODUCTION ROYALTIES definition

PRODUCTION ROYALTIES means *************************** **************************************************************** pursuant to Section 5.8.
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PRODUCTION ROYALTIES means gross production royalties calculated by multiplying the pounds of Uranium Concentrates by the Uranium Sale Price and subtracting the amount of any (i) royalties existing on the Effective Date Lessee is required to pay and does pay to unrelated third parties with respect to such Uranium Concentrates (“Third-Party Royalties”) and (ii) New Mexico severance taxes and New Mexico resources taxes or processors taxes Lessee is required to pay and does pay with respect to such Uranium Concentrates attributable to Lessor’s royalty share of production (“Severance and Resources Taxes”), and then multiplying the result by the applicable “Royalty Rate” set forth in Section 7.A(1).
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PRODUCTION ROYALTIES. Production royalties shall commence beginning the month after start-up and commissioning of the Plant.
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Examples of PRODUCTION ROYALTIES in a sentence

  • PRODUCTION ROYALTIES (BASED ON VOLUME OR WEIGHT)This approach is typically used for materials of low value that don’t need much processing, such as sand, gravel, or stone.

  • FOR THE AVOIDANCE OF DOUBT, THE PURCHASER PARTIES ACKNOWLEDGE AND AGREES THAT THE PURCHASER PARTIES CANNOT RELY ON OR FORM ANY CONCLUSIONS FROM SELLER’S METHODOLOGIES FOR THE CALCULATION AND REPORTING OF PRODUCTION, ROYALTIES, AND TAXES ATTRIBUTABLE TO PRODUCTION PRIOR TO THE EFFECTIVE TIME.

  • FOR THE AVOIDANCE OF DOUBT, PURCHASER ACKNOWLEDGES AND AGREES THAT PURCHASER CANNOT RELY ON OR FORM ANY CONCLUSIONS FROM SELLER’S METHODOLOGIES FOR THE CALCULATION AND REPORTING OF PRODUCTION, ROYALTIES, AND TAXES ATTRIBUTABLE TO PRODUCTION PRIOR TO THE EFFECTIVE TIME.

  • The royalty shall be determined in accordance with Section 2.(a), PRODUCTION ROYALTIES, of Federal coal leases WYW2313 and WYW118907, and the value of the coal shall be determined as set forth in the applicable coal regulations administered by the Lessor.

  • FIRM COMMENTS ON TAX TREATMENT OF MANUFACTURES’ POST- PRODUCTION ROYALTIES, 2008 Tax News Today 120-26 (May 9, 2008).

  • FOR THE AVOIDANCE OF DOUBT, PURCHASER ACKNOWLEDGES AND AGREES THAT PURCHASER CANNOT RELY ON OR FORM ANY CONCLUSIONS FROM THE METHODOLOGIES USED BY SELLERS, THE COMPANIES OR THE CAC SUBSIDIARIES FOR THE CALCULATION AND REPORTING OF PRODUCTION, ROYALTIES, AND TAXES ATTRIBUTABLE TO PRODUCTION.


More Definitions of PRODUCTION ROYALTIES

PRODUCTION ROYALTIES means those royalties UMC shall pay Numerical Technologies for the fabrication of Royalty Bearing Wafers, based on the royalty rates set forth herein.
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PRODUCTION ROYALTIES means the royalties payable to NANA by NovaCopper pursuant to Section 5.0.
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Related to PRODUCTION ROYALTIES

  • Royalties means all royalties, fees, expense reimbursement and other amounts payable by a Loan Party under a License.

  • Royalty Payments has the meaning set forth in Section 7.3.1.

  • Minimum Royalty shall have the meaning set forth in Section 7.3.

  • Third Party Royalties means royalties payable by either Party to a Third Party in connection with the manufacture, use or sale of Franchise Products.

  • Net Smelter Returns means the Gross Value of all Minerals, less the following costs, charges and expenses paid or incurred by Payor with respect to the refining and smelting of such Minerals:

  • Royalty Payment has the meaning set forth in Section 6.1.

  • Overriding Royalty Interest means an interest in the oil and gas produced pursuant to a specified oil and gas lease or leases, or the proceeds from the sale thereof, carved out of the working interest, to be received free and clear of all costs of development, operation, or maintenance.

  • Net Sales Revenue shall have the meaning as set out in Schedule "A"

  • Royalty means an interest in an oil and gas lease that gives the owner of the interest the right to receive a portion of the production from the leased acreage (or of the proceeds of the sale thereof), but generally does not require the owner to pay any portion of the costs of drilling or operating the wells on the leased acreage.

  • Net Smelter Return means the aggregate proceeds received by the Optionee from time to time from any smelter or other purchaser from the sale of any ores, concentrates, metals or any other material of commercial value produced by and from the Property after deducting from such proceeds the following charges only to the extent that they are not deducted by the smelter or other purchaser in computing the proceeds:

  • Royalty Year means, (i) for the year in which the First Commercial Sale occurs (the “First Royalty Year”), the period commencing with the first day of the Calendar Quarter in which the First Commercial Sale occurs and expiring on the last day of the Calendar Year in which the First Commercial Sale occurs and (ii) for each subsequent year, each successive Calendar Year.

  • Volumetric Production Payments means production payment obligations recorded as deferred revenue in accordance with GAAP, together with all undertakings and obligations in connection therewith.

  • Sublicense Revenues means [***].

  • Sublicense Revenue means [***].

  • Sales Revenue means receipts from the sale, lease, or rental of goods, services, or property;

  • Royalty Fee “Royalty Fee” means a royalty fee in the amount of $0.00 of Actual Production payable by BC Hydro to the Province for each year of the Term in accordance with Article 6 of the Master Agreement.

  • Sublicense Income means any payments that Company receives from a Sublicensee in consideration of the sublicense of the rights granted Company under Section 2.1., including without limitation license fees, royalties, milestone payments, and license maintenance fees, but excluding the following payments: (a) payments made in consideration for the issuance of equity or debt securities of Company at fair market value, and (b) payments specifically committed to the development of Licensed Products.

  • Sublicensing Revenue means all (i) cash, (ii) sublicensing fees and (iii) all other payments and the cash equivalent thereof, which are paid to LICENSEE by the Sublicensees of its rights hereunder, but excluding the following payments:

  • Net Sales means [***].

  • Mineral Products means the commercial end products derived from operating the Property as a mine:

  • Gross Profits means the gross profits calculated under section 4;

  • Sublicense Fees means all upfront fees, milestone payments and similar license fees received by LICENSEE from its Sublicensees in consideration for the grant of a Sublicense, but excluding:

  • Production Payments means, collectively, Dollar-Denominated Production Payments and Volumetric Production Payments.

  • Net Revenues means the difference between:

  • smelter means an electrolytic reduction plant for the conversion of alumina to aluminium using alumina produced from bauxite;

  • Royalty Rate means the percentage defined in Exhibit B.