Underlying Royalty definition

Underlying Royalty means the royalty to be paid to the Underlying Royalty Holder; and
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Underlying Royalty means any royalties on the Claims that are part of the lease, purchase or option of said Claim from the owner or any royalties that may be imposed by the provincial government;
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Underlying Royalty means the Net Smelter Returns Royalty granted to Xxxxxx Dodge Corporation of Canada, Limited pursuant to the Xxxxxx Dodge Agreement.
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Examples of Underlying Royalty in a sentence

  • On October 28, 2014, the Company was notified that Noka exercised its right to reduce the Underlying Royalty rate from 5% to 2% by issuing 3,000,000 shares to the original property vendors.

  • The Underlying Royalty rate can be reduced from 5% to 2% by Noka through the issuance of shares.

  • However, if Solitario completes a BFS and earns an 80% interest in MH-LLC, as of that date, it will no longer be able to opt out of any future required payments, and will be obligated to make any unpaid payments of cash and common shares to DHI US, any unpaid payments to the Underlying Royalty Holder and any uncompleted additional subscriptions due to Ely by the due dates described above.

  • The Underlying Royalty is subject to a purchase right in favour of the Company, exercisable by the Company by paying $500,000 for each 0.5% of the Underlying Royalty.

  • Suitable to the big tire assemble Main shaft flange disk （ fixed on the main shaft） wheel cone quick nut Caution: The choice on the cone should be adapted to the rim center hole and pay attention to its direction.


More Definitions of Underlying Royalty

Underlying Royalty means the Net Smelter Return granted to Perry English pursuant to the English Agreement.
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Underlying Royalty means the royalty payable by the Company to Industrias Peñoles, S.A.B. de C.V. or its Affiliates under the purchase agreement dated May 18, 2006 and further amended on February 8, 2007 and May 7, 2019.
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Underlying Royalty means the 2.5 % Net Smelter Returns granted to Xxxxxxx by RNC pursuant to the Mineral Property Agreement.
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Underlying Royalty means the Underlying Royalty set out in Schedule B to this Agreement; and
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Underlying Royalty means the net smelter returns royalty and the gross overriding royalty of 1% payable to the Royalty Holders under the Underlying Agreements
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Underlying Royalty means the 4% net smelter return in respect to the Unification Paco property and the Discordia property referred to on Schedule "A" and in the Underlying Agreement.
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Underlying Royalty means an aggregate 2% net smelter royalty on mineral claims of the Green Gold Property held by 0902744 B.C. Ltd. CURRENCY In this Prospectus, unless otherwise indicated, all dollar amounts are expressed in Canadian dollars and references to$ are to Canadian dollars. CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING STATEMENTS Except for statements of historical fact relating to the Company, certain statements in this Prospectus may constitute forward-looking information, future oriented financial information, or financial outlooks (collectively, "forward looking information") within the meaning of Canadian securities laws. Forward-looking information may relate to this Prospectus, the Company’s future outlook and anticipated events or results and, in some cases, can be identified by terminology such as "may", "could", "should", "expect", "plan", "anticipate", "believe", "intend", "estimate",
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