Royalty Properties definition

Royalty Properties has the meaning set forth in Section 5.10(a).

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Royalty Properties means certain oil and gas properties referred to in paragraph 6 of the Petition.

Royalty Properties means, collectively: (i) the Initial Royalty Properties; and (ii) any future Mining Rights and other rights and interests in respect of any properties acquired or otherwise obtained by any Elk Valley Entity within the Area of Interest from time to time after the date hereof in which Coal is present or which are acquired or otherwise obtained by any Elk Valley Entity for the purpose of the exploration, development and/or production of Coal. For greater certainty, the Royalty Properties includes Tailings.

Examples of Royalty Properties in a sentence

• To the Company’s Knowledge, the owners and/or operators of the Royalty Properties (other than with respect to the Excluded Royalty Interests) have reasonably adequate rights of ingress and egress with respect to their respective Royalty Properties and the improvements situated thereon.

• Grantor shall have the right to commingle, either underground, at the surface, in stockpiles or at the mill, autoclave, roaster or other processing facility used by Grantor, ore or concentrates, minerals and other material mined and removed from the Royalty Properties with ore, concentrates, minerals and other material mined and removed from the other property.

• Grantor shall have sole discretion to determine the extent of its mining of the Royalty Properties and the time or the times for beginning, continuing or resuming mining operations with respect thereto.

• The Producer who is assignor of the Royalty Properties shall be relieved of its obligations under this Agreement accruing after the assignment is made provided that such assumption in writing has been obtained and delivered to Royalty Owner.

• Grantor shall have no obligation to Grantee (in its capacity as the holder of this royalty) or otherwise to mine any of the Royalty Properties, such obligation being governed solely by the Agreement.

• Producer, including any party who is a successor to Producer hereunder, shall cause any assignee of, or lienholder as to, any of the Royalty Properties to assume in writing the obligations to Royalty Owner hereunder with respect to such Royalty Properties (effective as of foreclosure with respect to a lienholder), and to cause an original of such writing to be delivered to Royalty Owner.

• All tailings, residues, waste rock, spoiled ▇▇▇▇▇ materials, and other materials resulting from Grantor’s operations and activities with respect to the Royalty Properties shall be the sole property of Grantor.

• The Royalty granted herein constitutes a real property interest that passes with title to the Royalty Properties.

• Producer hereby grants, and agrees to pay, to Royalty Owner a production royalty of two percent (2%) of Net Smelter Returns applicable to all Mineral Products produced from the Royalty Properties, determined and paid as provided below in this Agreement (the “Royalty”).

• Producer may commingle or permit commingling of ores from the Royalty Properties or mineral bearing products obtained after the treatment thereof (“Subject Products”) with such ores or products from other properties.

More Definitions of Royalty Properties

Royalty Properties has the meaning ascribed to it on the cover page of the Prospectus.

Royalty Properties means the Licenses described in Exhibit A attached hereto, together with any renewed, substitute, replacement, modified, amended, subdivided, new, or converted concessions or related mining rights acquired by Producer through the exercise of rights, advantages, priorities, or privileges arising from or out of the ownership of such Licenses, including any new Licenses covering all or any portion of the land areas covered by the Licenses on the date hereof. “Royalty Properties” is sometimes used herein to refer to the land areas covered by the Royalty Properties.

Royalty Properties is sometimes used herein to refer to the land areas covered by the Royalty Properties.

Royalty Properties means properties owned by PGL on which a production royalty is paid under PARAGRAPH 1.3 OF EXHIBIT I. -------------------------------

Royalty Properties means collectively the Fee Lands, the GORR Lands and the GRT Lands; "SEC" means the United States Securities and Exchange Commission;

Royalty Properties has the meaning given to it in the Royalty Agreement;