Streaming Transaction definition

Streaming Transaction means a contractual right to sell or purchase Metals (whether all or any portion thereof) produced at or from one or more Project.
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Streaming Transaction means the transactions contemplated under the Streaming Agreement.
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Streaming Transaction shall have the meaning ascribed to such term in the Recitals;
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Examples of Streaming Transaction in a sentence

  • Much more information is usually required from the operator in a Streaming Transaction.

  • No Credit Party shall, and each Credit Party shall cause its Subsidiaries to not, directly or indirectly, enter into or agree to any Streaming Transaction, offtake agreement, supply agreement, sales agreement or other Instrument relating to the sale, conveyance, transfer or grant of an interest in Metals produced at or from any Project, without the prior written approval of the Lender.

  • Generally, in a Streaming Transaction the operator agrees to sell, and the Purchaser agrees to purchase, a certain percentage (or all) of one or more minerals produced from a mining operation at a Fixed Price, which is below the market price and usually approximates the cost of producing and delivering the minerals purchased (typically between US$4 and US$6 per ounce of silver and US$400 per ounce of gold but may be higher for some operators).

  • However, if such mineral tenures are dropped, it is likely that the Royalty or the Streaming Transaction will cease to apply to such tenures.