Refined Gold definition

Refined Gold means marketable metal bearing material in the form of gold bars or coins that is refined to a minimum 995 parts per 1,000 fine gold.

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Refined Gold means marketable metal-bearing material refined to a minimum acceptable fineness of 995 parts per 1,000 fine gold and otherwise conforming to the LBMA Good Delivery Rules, in the form of metal credits or allocation of physical gold bars, as may be designated by Purchaser from time to time in accordance with Section 2.2(e).

Refined Gold means all and any refined gold bullion produced, derived or resulting from Unrefined Gold originating from the Properties or any portion thereof;

Examples of Refined Gold in a sentence

• Any dollar amount or Refined Gold owing by a Party to any other Party under this Agreement may be set off against any dollar amount or Refined Gold owed to such Party by the other Party.

• Any amount of Refined Gold set off and withheld against any non-payment by a Party shall be valued at the Gold Price as of the first trading day that such amount of Refined Gold became payable to such Party.

• The Parties acknowledge that the Seller shall not be obliged to sell or deliver to the Purchaser the Refined Gold physically resulting from Produced Gold.

• 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].

• If delivery of Refined Gold is not made by the applicable Delivery Date, the Buyer may give the Seller written notice of such default.

More Definitions of Refined Gold

Refined Gold means gold produced from ore mined from the Royalty Properties that is refined to meet or exceed generally accepted commercial standards for the “good delivery” of gold bullion on the U.S. or London commodity exchanges.

Refined Gold means gold of minimum 0.995 fineness in gold bars, conforming in all respects with the specification for “Good Delivery Gold Bars” under the “Good Delivery Rules”, as published by the London Bullion Market Association from time to time;

Refined Gold means gold bullion refined at the Nominated Refinery to the London Good Delivery standard pursuant to the Refining Agreement, from gold doré and any other gold products produced at the Mine.

Refined Gold has the defined meaning assigned to it in the Purchase Agreement.

Refined Gold the merchantable units of gold which RRL extracts from the product;

Refined Gold means refined gold meeting the good delivery requirements of the LBMA or, in the absence of such requirements, having a fineness of 995 parts per thousand;

Refined Gold means marketable metal bearing material in the form of gold bars or coins that is refined to a minimum 995 parts per 1,000 fine gold. “ Royal Gold Documents ” means the Royal Gold Purchase Agreement and the Royal Gold Security Documents.