Mine Value definition

Mine Value means the amount received F.O.B. the mine site by MRS from any purchaser in payment for the Ore, Concentrates, or other first salable product mined from the Premises and sold, less government severance, sales or production taxes (other than any based on net income), third party royalties, sales commissions and any other expenses borne by MRS in connection with the sale of such Ore, Concentrates or other first salable products. In the event such Ore, Concentrates or other first salable products are shipped to a mill or other treatment facility owned and/or operated by MRS, the F.O.
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Related to Mine Value

  • Baseline Value for each of the Company and the Peer Companies means the dollar amount representing the average of the Fair Market Value of one share of common stock of such company over the five consecutive trading days ending on, and including, the Effective Date.

  • Salvage value means the amount received for property retired, less any expenses incurred in connection with the sale or in preparing the property for sale, or, if retained, the amount at which the material recoverable is chargeable to materials and supplies, or other appropriate account.

  • RI Value means, in respect of a Reference Item and a ST Valuation Date, (i) the RI Closing Value for such Reference Item in respect of such ST Valuation Date, divided by (ii) the relevant RI Initial Value (expressed as a percentage).

  • Average value means the value which best represents the amount of the nutrient which a given food contains, and reflects allowances for seasonal variability, patterns of consumption and other factors which may cause the actual value to vary.

  • Worst Value means, in respect of a ST Valuation Date, the RI Value for the Reference Item(s) with the lowest or equal lowest RI Value for any Reference Item in the Basket in respect of such ST Valuation Date.