trust royalty definition
trust royalty means the net royalty paid by the Manager on the production of synthetic crude oil and associated products, attributable to the Manager's working interest in Syncrude;
trust royalty means the royalty payable by ARC Resources to the Trust pursuant to the Royalty Agreement and also includes any other royalty payable by any other, direct or indirect, subsidiary of the Trust;
trust royalty means the royalty payable on the Working Interest and any additional working interests in the Syncrude Project subsequently acquired by the Working Interest Owner pursuant to the Royalty Agreement;