Royalty Indenture definition
Examples of Royalty Indenture in a sentence
The Trustee shall be obligated to (i) apply for ARC, and (ii) reimburse the Corporation for Reimbursed Crown Charges paid by the Corporation except to the extent that the Corporation has elected to waive its right to reimbursement, in accordance with the Royalty Indenture.
Unless the context otherwise requires, where terms defined in the Royalty Indenture are used herein without definition the definitions set out in the Royalty Indenture shall apply to this Indenture.
The net proceeds from any sale of the Royalty, if and when distributed by the Corporation to, and received by, the Trustee pursuant to the Royalty Indenture, shall be included in Distributable Cash.
Each Unitholder shall have the right to obtain, on demand and on payment of reasonable reproduction costs from the head office of the Fund, a copy of the Royalty Indenture, the Unanimous Shareholder Agreement, the Management Agreement, the Trust Indenture and the supplemental indenture, if any, relating to Units held by that Unitholder and shall be entitled to inspect, and, on payment of a reasonable fee thereof, obtain a list of the Unitholders for purposes connected with the Fund.
Such exchange may be made at any time so long as there are Trust Units outstanding, and subject to the foregoing, such exchange shall occur on the terms and conditions set forth below and in the Royalty Indenture.
Unless the context otherwise requires, where capitalized terms defined in the Royalty Indenture are used herein without definition, the definitions set out therein shall apply herein.
In order to facilitate such voting of the ERC Royalty Units, the Trustee shall enter into the ERC Royalty Indenture and the Governance Agreement which shall provide, among other things, for the entitlement of the Trust Unitholders to receive notice of and to attend all meetings of the ERC Royalty Unitholders of that series and to one vote per Trust Unit held on any ballot thereat.
Pengrowth Corporation Per: Per: This Royalty Unit Certificate is one of the Royalty Unit Certificates referred to in the Royalty Indenture within mentioned.
The Manager will be entitled to recover all General and Administrative Costs from the Corporation in accordance with the Royalty Indenture, such costs to be approved by the board of directors of the Corporation from time to time.
The Advisor will be entitled to recover all General and Administrative Costs from the Investor in accordance with the Royalty Indenture, such costs to be approved by the Board of Directors of the Investor from time to time.