Uncredited Balance definition

Uncredited Balance at any time means the uncredited balance of the Upfront Deposit that has been paid to Seller determined in accordance with this Agreement.

Uncredited Balance has the meaning ascribed thereto in the definition of Purchase Price;

Uncredited Balance at any time means the uncredited balance of the Advance Amount determined in accordance with this Agreement.

Examples of Uncredited Balance in a sentence

• If, after the term of the Agreement (November 9, 2090), the Uncredited Balance has not been reduced to $nil, then the Company will be required to repay the amount of the Uncredited Balance.On November 5, 2012, Brigus elected to repurchase 4% and 3.7% of the future gold production at the Black Fox mine and Black Fox Extension, respectively, for $24.4 million, thereby reducing the original Uncredited Balance to $31.9 million.

• The Uncredited Balance upon acquisition on March 5, 2014 was $7.1 million.

• If, after the term of the Agreement (November 9, 2090), the Uncredited Balance has not been reduced to $nil, then the Company will be required to repay the amount of the Uncredited Balance.

• From and after the receipt by the Purchaser of the Shortfall Buyback Amount specified by the Seller in the Exercise Notice, either or both of the Gold Reference Amount and the Silver Reference Amount, as applicable, shall be deemed to be adjusted and the Uncredited Balance shall be deemed to be adjusted in each case to reflect the corresponding amounts specified in the Exercise Notice.

• The amount of any deduction or withholding required under applicable law shall not reduce the amount of the Uncredited Balance.

More Definitions of Uncredited Balance

Uncredited Balance means, at any time, an amount equal to the Prepayment Amount(s) advanced by the Purchaser to the Seller, LESS amounts credited against the Prepayment Amount(s) as relate to the Platinum Purchase Price in accordance with Clause ‎‎2.5(A)(1).

Uncredited Balance means the uncredited balance of the Deposit as determined in accordance with the Stream Agreement.

Uncredited Balance means, at any time and from time to time, the outstanding uncredited balance of the Advance Payment, until it is reduced to nil in accordance with Section 2.6(a).

Uncredited Balance. [redacted]

Uncredited Balance means the Upfront Deposit less all payments of the Purchase Price that are credited against the Upfront Deposit;

Uncredited Balance means the balance, from time to time, of the Upfront Deposit, “…[agreement redacted – proprietary structure]”;

Uncredited Balance means the balance, from time to time, of the Deposit less amounts credited against the Deposit in accordance with (a) of the definition of Purchase Price;