Refined Material definition

Refined Material means gold and silver mined and removed from and attributable to the Property and refined to final gold and silver bullion standards of at least 99.95 percent pure gold and 99.9 percent pure silver; and
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Examples of Refined Material in a sentence

  • The Net Profits Royalty on gold and silver processed into Refined Material shall be based upon the Deemed Payments received for the Deemed Sale of Refined Material.

  • If gold and silver dore' are produced by the Company, then the dore' shall be processed into Refined Material either in the Company's own facilities or through any commercially reasonable custom refining contract.

  • The Net Profits Royalty on Mineral Products other than gold and silver that are processed into EXHIBIT D, PAGE 1 Refined Material before sale (including without limitation gold or silver ore sold raw or as concentrates) shall be based upon Payments received by the Company for the Sale of such Mineral Product.

Related to Refined Material

  • Recycled material means any material that would otherwise be a useless, unwanted or discarded material except for the fact that the material still has useful physical or chemical properties after serving a specific purpose and can, therefore, be reused or recycled.

  • Harvested Material means the grain or fodder from crops of the Licensed Varieties grown from Seed or Retained Seed.

  • Produced Material means records, software and other material, whether complete or not, that, as a result of this Agreement, are produced or provided by the Contractor or a Subcontractor and includes the Incorporated Material;

  • Refined Products means gasoline, diesel fuel, jet fuel, asphalt and asphalt products, and other refined products of crude oil.

  • Licensed Material means radioactive material received, possessed, used, transferred or disposed of under a general or specific license issued by the Agency.