Rock Royalty definition

Rock Royalty means the amount of royalty from time to time payable to the Optionor after Commencement of Commercial Production from the sale of Rock pursuant to Section 11.06. EXHIBIT A: Mineral Claims EXHIBIT B: Claim Map
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Rock Royalty means the amount of royalty from time to time payable to the Optionor after Commencement of Commercial Production from the sale of Rock pursuant to Section 11.06. EXHIBIT A: Mineral Claims Mineral Titles Online Viewer Tenure Detail Tenure Number ID 510119 View Tenure Termination Type Title Type MCX Tenure Sub Type C Tenure Type M Mining Division Good To Date 2006/APR/03 Issue Date 2005/APR/03 Termination Comments Termination Date Tag Number Claim Name DON 1 Old Tenure Code Area In Hectares 245.958 Map Numbers: 092J Owners: 124748 RXXXXXX SXXXXX XXXXXXX 100.0% Agents: 124748 RXXXXXX SXXXXX XXXXXXX CEXT (4025031) Mineral Titles Online Viewer Tenure Detail Tenure Number ID 510123 View Tenure Termination Type Title Type MCX Tenure Sub Type C Tenure Type M Mining Division Good To Date 2006/APR/03 Issue Date 2005/APR/03 Termination Comments Termination Date Tag Number Claim Name DON 2 Old Tenure Code Area In Hectares 410.038 Map Numbers: 092J Owners: 124748 RXXXXXX SXXXXX XXXXXXX 100.0% Agents: 124748 RXXXXXX SXXXXX XXXXXXX CEXT (4025036) EXHIBIT B: Claim Map
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Rock Royalty means the amount of royalty from time to time payable to the Optionor after Commencement of Commercial Production from the sale of Rock pursuant to Section 11.06.
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Examples of Rock Royalty in a sentence

  • Defendants Helms and Kaelin operated and controlled Vendetta Royalty Partners (“Vendetta Partners”) and several other Defendant Entities, including Iron Rock Royalty Partners (“Iron Rock”).2 Vendetta Partners was organized and marketed as a standard limited partnership that wouldhold and distribute royalty interests from approximately 2,000 oil and gas wells located principally in Texas ("Vendetta Portfolio").

  • As of the Closing Date, it has no Subsidiaries and currently has no equity position in any other Person with the exception of Panwood Oil and Gas Company, 5400 Investors, LLC., Providence Energy Joint Venture No. 2 , and White Rock Royalty Partnership No.1. .

  • Robert Helms, Janniece Kaelin, Deven Seller, Roland Barrera, Vendetta Royalty Partners, Ltd., Vendetta Royalty Management, LLC, Vesta Royalty Partners, LP, Vesta Royalty Management, LLC, Iron Rock Royalty Partners, LP, Iron Rock Royalty Management, LLC, Arcady Resources, LLC, Barefoot Minerals, G.P., G3 Minerals, LLC, Haley Oil Company, Inc., Lake Rock, LLC, SeBud Minerals, LLC and Technicolor Minerals, G.P., Defendants, and William L.

  • A discussion regarding a Step Rock Royalty crushing agreement was held with the BOCC, Superintendent Bower, Interim Plan- ner Mike Robinson and Lee J.

  • McMichael retains a 7 1/2% Gross Rock Royalty and a 2 1/2% Net Smelter Return.

  • Rock Royalty Rock royalty means the amount of royalty from time to time payable to LS after commencement of commercial production from the sale of rock.

  • The contractor shall keep at his own cost all such publications of relevant Indian standard applicable to the work at site.

  • NIC shall sell 100% (one hundred percent) interest in the claims to BTM subject to a 2 1/2% Net Smelter Royalty (NSR) and a 7 1/2% Gross Rock Royalty (GRR) for a total of $7500.

  • Signature Presidential Suites- Ocean Front,55 Rock Royalty Caribbean Sand Suites, 1 Rock Star Suite, 3 Royal Villas.

  • Xxxxxxxxx retained a 7.5% Gross Rock Royalty and 2.5% Net Smelter Return Royalty on the mineral claims, but Xxxxxxx Lake has a right to repurchase 1.5% of the Net Smelter Return Royalty interest at a price of approximately US$1,000,000 within 12 months from commencement from commercial production.


More Definitions of Rock Royalty

Rock Royalty means the amount of royalty from time to time payable to the Optionor after Commencement of Commercial Production from the sale of Rock pursuant to Section 11.06. Page 7 of 12 -------------------------------------------------------------------------------- Exhibit A: Claim Transfers and FMC SEE ATTACHED PDF FILE EXHIBIT 10.1 PDF Page 11 of 12 -------------------------------------------------------------------------------- Exhibit B: Claim Map
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Rock Royalty means the amount of royalty from time to time payable to the Optionor after Commencement of Commercial Production from the sale of Rock pursuant to Section 11.06. EXHIBIT A: Mineral Claims Mineral Titles Online Viewer Tenure Detail Tenure Number ID 510121 View Tenure Termination Type Title Type MCX Tenure Sub Type C Tenure Type M Mining Division Good To Date 2006/APR/03 Issue Date 2005/APR/03 Termination Comments Termination Date Tag Number Claim Name CHIP 1 Old Tenure Code Area In Hectares 491.787 Map Numbers: 092J Owners: 124748 XXXXXXX XXXXXX XXXXXXX 100.0% Agents: 124748 XXXXXXX XXXXXX XXXXXXX CEXT (4025034) Mineral Titles Online Viewer Tenure Detail
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Rock Royalty means the amount in dollars calculated by multiplying the 7.5% royalty reserved for 606896 times the Gross Rock Revenue;
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Related to Rock Royalty

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

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

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

  • 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.

  • 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.

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

  • 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.

  • 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.

  • 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 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:

  • 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:

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

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

  • 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:

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

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

  • Sublicense Revenue means [***].

  • Royalty Rate means the percentage defined in Exhibit B.

  • 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:

  • License Fee means the amount payable by the licensee to DMRC as per rates offered by the Selected Bidder for utilization of licensed space and accepted by DMRC to be paid by the Licensee along with other charges and any kind of Central or State Taxes, local levies, statutory dues, etc. that may be payable by the licensee as per prevalent law.

  • Sublicense Revenues means [***].

  • Contract Quarter means a three-month period that commences on January 1, April 1, July 1, or October 1 and ends on March 31, June 30, September 30, or December 31, respectively.

  • Milestone Payments has the meaning set forth in Section 4.2.

  • Royalty owner means any owner of oil and gas in place, or oil and gas rights, to the extent that the owner is not an operator as defined in subsection (17) of this section;

  • NSR means net smelter return.

  • Royalty Interest is defined in Section 1.01.