Refined Metal definition

Refined Metal means gold, silver, lead, copper, zinc, platinum group or other marketable Products refined to standards meeting or exceeding commercial standards for the sale of such refined metals;
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Refined Metal means Refined Cobalt or Refined Nickel or both, as the context requires.
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Refined Metal means gold, silver, lead, copper, zinc, platinum group or other marketable metals produced from Minerals and refined to standards meeting or exceeding commercial standards for the sale of such as refined metals.
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Examples of Refined Metal in a sentence

  • The Owner will have the right to market and sell Refined Metal in any manner it may elect, and will have the right to engage in forward sales, futures trading or commodity options trading and other price hedging, price protection and speculative arrangements (the “Trading Activities”) which may involve the possible physical delivery of Products.

  • If MSX causes silver or other refined metals other than refined gold to be produced from Minerals mined from the Properties, the Royalty shall be paid on the refined metal produced, as herein provided, and the Gross Proceeds shall be determined by multiplying Refined Metal Production during the calendar month by the Monthly Average Refined Metal Price for that month.

  • As used herein, "Monthly Average Refined Metal Price" shall mean the average New York Refined Metal Price as published by Metals Week, calculated by dividing the sum of all such prices reported for the calendar month by the number of days for which such prices were reported.

  • Pounds of Refined Metal deliverable to Purchaser pursuant to this Section 7.5(c) shall constitute Purchased Metal for all purposes of this Agreement.

  • As used herein, "Refined Metal Production" shall mean the quantity of Refined Metal out-turned during the calendar month to MSX's pool account by an independent third-party refinery from Minerals produced from the Properties, on either a provisional or final settlement basis.

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

  • Seller’s obligation to sell and deliver Refined Metal shall be solely to sell and deliver Refined Metal in a manner and in an amount determined in accordance with the terms of this Agreement.

  • Pounds of Refined Metal deliverable to Purchaser pursuant to this Section 7.5(b) shall constitute Purchased Metal for all purposes of this Agreement.

  • The Royalty Payor or its Affiliates will have the right to market and sell Refined Metal in any manner they may elect, and will have the right to engage in forward sales, futures trading or commodity options trading and other price hedging, price protection and speculative arrangements (the “Trading Activities”) which may involve the possible physical delivery of Products.

  • The aforementioned value will be determined through reference to the Monthly Average Spot Price for the Month during which the Product is credited to the account of the Royalty Payor or any of its Affiliates with a smelter or refiner, or, if the Royalty Payor or any of its Affiliates engage in Trading Activities in respect of Products other than Refined Metal, the Gross Proceeds will be determined on the basis of the value of such Products at the time such Products are actually delivered to third parties.


More Definitions of Refined Metal

Refined Metal means gold, silver, lead, copper, zinc, platinum group or other marketable metals produced from Minerals and refined to standards meeting or exceeding commercial standards for the sale of such as refined metals;
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Related to Refined Metal

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

  • Petroleum Products means gasolines and petroleum oil distillates or blend stocks as further described in Item 10.

  • Petroleum product means petroleum, refined petroleum products, nonpetroleum renewable resources, propane, butane, natural gas, corn and other energy-related commodities, including, without limitation, blend components commonly used in the petroleum industry to improve characteristics of, or meet governmental or customer specifications for, petroleum, refined petroleum or renewable diesel products.

  • Precious metals means silver, gold, platinum, palladium, iridium, osmium, rhodium, and ruthenium.

  • concentrates means flavoring ingredients and, depending on the product, sweeteners used to prepare syrups or finished beverages and includes powders for purified water products such as Dasani;