Silver Equivalent definition

Silver Equivalent means silver and gold only, with gold converted to silver equivalents at a 50 to 1 ratio.
Silver Equivalent means silver and gold only, with gold converted to silver equivalents at a 70 to 1 ratio. “Skarn” means a coarse-grained metamorphic rock formed by the contact metamorphism of carbonate rock often
Silver Equivalent means, with respect to the Payable Metals contained in each Offtaker Delivery, the aggregate amount Refined Silver equal to the sum of (i) Payable Silver, (ii) Payable Zinc Silver Equivalent, and (iii) Payable Lead Silver Equivalent.

Examples of Silver Equivalent in a sentence

  • In consideration for the sale and delivery of Refined Silver equal to the Silver Equivalent of Payable Metals under and pursuant to the terms of this Agreement, Purchaser hereby agrees to pay to Seller a deposit in cash against the purchase price for such Refined Silver in the amount of $46,000,000.00 (the “Deposit”), payable in accordance with Section 3.2.

Related to Silver Equivalent

  • Lead equivalent means the thickness of lead affording the same attenuation, under specified conditions, as the material in question.

  • Sterling Equivalent means at the time of determination thereof (a) with respect to Sterling, the amount in Sterling and (b) with respect to any amount in Dollars, the equivalent of such amount in Sterling determined by Administrative Agent at such time on the basis of the Exchange Rate for the purchase of Sterling with Dollars on the most recent Computation Date provided for in Section 2.8(a).

  • Aluminum equivalent means the thickness of type 1100 aluminum alloy affording the same attenuation, under specified conditions, as the material in question.

  • Dose equivalent (HT) means the product of the absorbed dose in tissue, quality factor, and all other necessary modifying factors at the location of interest. The units of dose equivalent are the sievert (Sv) and rem.

  • USD Equivalent means, with respect to an amount of Euros, on any date, the amount of Dollars that may be purchased with such amount of Euros at the Exchange Rate in effect on such date.