Royalty Purchaser definition

Royalty Purchaser has the meaning set forth in Section 17.5(c).
Royalty Purchaser means the Investors set forth in Schedule A under such heading, and shall include any Permitted Transferee of any such Investor.
Royalty Purchaser shall have the meaning ascribed thereto in Section 7 hereof.

Examples of Royalty Purchaser in a sentence

  • The sale and purchase of the Securities (other than the Apollo Warrants) to be issued to the Purchasers and of the Royalties to be granted to each Royalty Purchaser (the "Closing") shall occur at the offices of Wachtell, Lipton, Xxxxx & Xxxx, 00 X.

  • Intellikine and Infinity agree that Infinity may retain 75%, and will pay to Intellikine 25%, of any consideration received by Infinity or any of its Affiliates from a Royalty Purchaser for the sale of the Royalties pursuant to the Royalty Sale Transaction, which consideration shall not be less than thirty million dollars ($30,000,000).

  • Intellikine agrees to look solely to Infinity, and not to any Royalty Purchaser, for the payment of any amounts payable to Intellikine under the Agreement, as amended, and hereby waives and releases any claim against any Royalty Purchaser with respect to the Royalties or any other amount described in Section 1 above with respect to any time period prior to the Reversion.

  • It will develop employees to attain multi-skill in different aspects.

  • This Power of Attorney will be binding on any assignee of Royalty Purchaser.

  • To put in place a more stringent and stricter water quality monitoring and assessment through its regulatory bodies.2. Waste disposal from production sites of mines should be properly investigated by the regulatory agencies (EPA, Ghana Water Commission) to ascertain the true levels of contaminants discharged into the environment.3. Progressive rehabilitation, as opposed to post-mining rehabilitation, should be used in preventing generation of sediment, which eventually pollutes river bodies.

  • Xxxxx ROYALTY PURCHASER: Name: Sun Cal Energy Address: 000 0xx Xxxxxx XX, Xxxxx 000 Xxxx/Xxxxx: Xxxxxxx, Xxxxxxx Telephone: (000) 000-0000 Telefax: (000) 000-0000 Attn: Xxxxxx Xxxxxxxxxx or at such other address as may from time to time be designated by KRC or Royalty Purchaser in writing.

  • Thereafter, Royalty Purchaser shall have the right, but not the obligation, to enter into a lease with said third party or any other third party covering Royalty Purchaser’s unleased mineral interest under such terms as Royalty Purchaser and said third party may mutually agree.

  • If KRC decides to exercise such option, they shall give written notification to Royalty Purchaser desiring to sell and said sale and purchase shall be closed within thirty (30) days after the 30-day option period.

  • Xxxxx, President Date: _________________________________________ Royalty Purchaser: Sun Cal Energy Name: By: X.

Related to Royalty Purchaser

  • Third Party Purchaser means any Person who, immediately prior to the contemplated transaction, (a) does not directly or indirectly own or have the right to acquire any outstanding Common Stock or (b) is not a Permitted Transferee of any Person who directly or indirectly owns or has the right to acquire any Common Stock.

  • Warranty Purchaser The Person described in Section 2.04 of the Trust Sale Agreement.

  • Selling Party has the meaning set forth in the definition of “Net Sales.”

  • 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;

  • Prospective Purchaser shall have the meaning set forth herein in Section 2.2(a).

  • Royalty interest owner means a person or the estate of a person, other than a working interest owner, who owns the right to or interest in any portion of the oil and/or gas, or proceeds from the sale thereof, from a tract.

  • Bona fide purchaser means a purchaser of property for value who was not knowingly a party to fraud or illegality affect- ing the interest of the spouses or other parties to the transaction, does not have notice of an adverse claim by a spouse and acted in the transaction in good faith.

  • Selling Partner has the meaning set forth in Section 8.5.

  • Purchaser means the organization purchasing the goods.

  • Secondary Seller means the Seller whose Bid City selected as a back-up supplier in the event the Primary Seller is unable to provide all the Goods and/or Services required.

  • Selling Member has the meaning set forth in Section 10.5(a).

  • Third Party Buyer means any Person other than (i) the Company or any of its Subsidiaries, (ii) any employee benefit plan of the Company or any of its Subsidiaries, (iii) the Investors or (iv) any Affiliates of any of the foregoing.

  • First purchaser means the first buyer of a manufactured item that contains ferrous or nonferrous metal in a retail or business-to-business transaction. A person that purchases scrap metal, or other property described in section 10, in violation of this act, or an automotive recycler, pawnshop, scrap metal recycler, or scrap processor is not considered a first purchaser.

  • Primary Seller means the Seller whose Bid City selected as the principal supplier of the Goods and/or Services required under this Agreement.

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

  • Transferring Party has the meaning given such term in Section 5.2(b).

  • Selling Shareholder has the meaning set forth in Section 3.04(a).

  • Royalty Report has the meaning set forth in Section 6.3(a).

  • Defaulting Purchaser means, subject to Section 2.11(c), any Purchaser that (a) has failed to (i) fund all or any portion of such Purchaser’s Pro Rata Share of any Payment Amount by the time such amount was required to be funded hereunder unless such Purchaser notifies the Administrative Agent and the Seller Representative in writing that such failure is the result of such Purchaser’s good faith determination that one or more of the conditions precedent to funding (specifically identified in writing and including the particular default if any) has not been satisfied, or (ii) pay to the Administrative Agent or any other Purchaser any other amount required to be paid by it hereunder within two Business Days of the date when such payment is due, (b) has notified the Seller Representative, any Seller, the Administrative Agent, or any Purchaser in writing that it does not intend to comply with its funding obligations hereunder, or has made a public statement to the effect that it does not intend to comply with any of its funding obligations under this Agreement (unless such writing or public statement indicates that such position is based on such Purchaser’s good faith determination that a condition precedent to funding (specifically identified and including the particular default, if any) cannot be satisfied) or generally under other agreements in which it commits to extend credit, (c) has failed, within three Business Days after written request by the Administrative Agent or the Seller Representative, to confirm in writing to the Administrative Agent and the Seller Representative that it will comply with its prospective funding obligations hereunder (provided that such Purchaser shall cease to be a Defaulting Purchaser pursuant to this clause (c) upon receipt of such written confirmation by the Administrative Agent and the Seller Representative) or (d) has, or has a direct or indirect parent company that has, (i) become the subject of an Insolvency Event; provided that a Purchaser shall not be a Defaulting Purchaser solely by virtue of the ownership or acquisition of any equity interest in that Purchaser or any direct or indirect parent company thereof by a Governmental Authority so long as such ownership interest does not result in or provide such Purchaser with immunity from the jurisdiction of courts within the United States or from the enforcement of judgments or writs of attachment on its assets or permit such Purchaser (or such Governmental Authority) to reject, repudiate, disavow or disaffirm any contracts or agreements made with such Purchaser. Any determination by the Administrative Agent that a Purchaser is a Defaulting Purchaser under any one or more of clauses (a) through (d) above shall be conclusive and binding absent manifest error, and such Purchaser shall be deemed to be a Defaulting Purchaser (subject to Section 2.11(c)) upon delivery of written notice of such determination to the Seller Representative and each Purchaser.

  • Additional Purchased Assets shall have the meaning set forth in Subsection 3(a).

  • Selling Parties shall have the meaning specified in the preamble.

  • Royalty Interest is defined in Section 1.01.

  • U.S. Purchaser is (a) any U.S. Person that purchased Units, (b) any person that purchased Units on behalf of any U.S. Person or any person in the United States, (c) any purchaser of Units that received an offer of the Units while in the United States, (d) any person that was in the United States at the time the purchaser’s buy order was made or the subscription agreement for Units was executed or delivered;

  • Purchasing Party means a Party purchasing an Offered Service.

  • Additional Purchased Securities Securities provided by Seller to Buyer pursuant to Paragraph 4(a) hereof;

  • The Purchaser means the organization purchasing the Goods, as named in SCC.