Gold Production means the quantity of refined gold outturned to Lessee’s account by an independent third party refinery for gold produced from the Property during a calendar month on either a provisional or final settlement basis.
Gold Production means the quantity of refined gold outturned to Payor's account by an independent third party refinery for gold produced from the Property during the month on either a provisional or final settlement basis.
Gold Production means the quantity of refined gold that is outturned to Payor’s account by the refinery during the calendar month on either a provisional or final settlement basis. If outturn of refined gold is made by the refinery on a provisional basis, the Gross Returns shall be based upon the amount of such provisional settlement, but shall be adjusted in subsequent statements to account for the amount of refined metal established by final settlement by the refinery. As used herein, “Monthly Average Gold Price” means the average London Bullion Market Association P.M. Gold Fix, calculated by dividing the sum of all such prices reported for the month by the number of days for which such prices were reported. If the London Bullion Market Association P.M. Gold Fix ceases to be published, the Monthly Average Gold Price shall be determined by reference to prices for refined gold for immediate delivery in the most nearly comparable established market selected by Payor as such prices are published in “Metals Week” or a similar publication.
Examples of Gold Production in a sentence
The Gross Returns from such deemed sales shall be determined by multiplying Gold Production during the month by the Monthly Average Gold Price.
As used herein, "Gold Production" means the quantity of refined gold that is outturned to Payor's account by the refinery during the calendar month on either a provisional or final settlement basis.
The Value shall be determined by multiplying Gold Production during the calendar month by the Monthly Average Gold Price.
Founders Mining and Minerals, PLC is a Mining company with focus on Gold Production.
For purposes of determining the Royalty, the refined gold shall be deemed to have been sold at the Monthly Average Gold Price, and the Gross Proceeds shall be determined by multiplying Gold Production during the calendar month by the Monthly Average Gold Price for that month.
More Definitions of Gold Production
Gold Production means the quantity of refined gold outturned during the calendar month to the Company’s account by an independent third party refinery from Products, on either a provisional or final settlement basis as used herein. “Monthly Average Gold Price” shall mean the average London Bullion Market Association P.M. Gold Fix, calculated by dividing the sum of all such prices reported for the month by the number of days for which such prices were reported.
Gold Production means the quantity of Refined Gold returned or credited during a calendar quarter to the pool account of AEM or any of its Related Parties by a refinery that produces Refined Gold for AEM or any of its Related Parties in respect of Product.
Gold Production means the quantity of Refined Gold out-turned (credited) during a calendar month to the pool account of the Payor or its Affiliates by a refinery that produces Refined Gold for the Payor or its Affiliates on a toll-refining basis in respect of Products, on either a provisional or final settlement basis, as the case may be; settlement adjustments arising from final determinations of metal weights and assays will be reflected in Gold Production when determined;
Gold Production means the quantity of refined gold out-turned to Grantee’s account by an independent third party refinery for gold produced from the Property during the calendar month on either a provisional or final settlement basis.
Gold Production means for any calendar month, the number of txxx ounces of Refined Gold delivered during that month to the account of Producer or an Affiliate of Producer (or to a third party account for the benefit of Producer or such Affiliate) by a refinery, smelter or other processor, obtained from ore mined from the Royalty Properties on either a final or provisional settlement basis, subject to any refinery and adjustments for previous periods as described in Section 2.3 below.
Gold Production means the quantity of refined gold outturned to Payor's account by an independent third party refinery for gold produced from the Property during the calendar month on either a provisional or final settlement basis.
Gold Production means the quantity of refined gold out-turned during the calendar month to MSX's pool account by an independent third-party refinery from Minerals produced from the Properties, on either a provisional or final settlement basis. As used herein, "Monthly Average Gold Price" shall mean the average Xxxxxx Xxxxxxx Xxxxxx Association P.M. Gold Fix, calculated by dividing the sum of all such prices reported for the month by the number of days for which such prices were reported.