NSR Royalty has the meaning ascribed to it in section 2.5 below.
NSR Royalty means net smelter return royalty.
NSR Royalty means a net smelter returns royalty to be paid by Candente pursuant to Subsection 10.1, all as further set out in Schedule "B";
Examples of NSR Royalty in a sentence
Optionor hereby grants to Optionee the sole and exclusive option (the “Option”) to acquire a 100% interest in the Property, subject to a 3% NSR Royalty, by completing the Option Exercise Requirements in accordance with the terms and conditions set out in this Agreement.
More Definitions of NSR Royalty
NSR Royalty means the 2% net smelter returns royalty to be paid to the Optionor in respect of the Property pursuant to the royalty terms attached as Schedule B hereto.
NSR Royalty means the 1.5% copper only net smelter return royalty granted by Target to Glencore Operations Australia Pty Limited under the Glencore NSR Royalty Agreement.
NSR Royalty has the meaning attributed to that term in Section 4.5;
NSR Royalty has the meaning set forth in Section 2(A).
NSR Royalty means a net smelter returns royalty to be paid by the Optionee to the Optionor pursuant to Part 5 of this Agreement;
NSR Royalty means a defined percentage of the NSR.
NSR Royalty means net smelter return royalty, being a royalty based on the gross proceeds received from the sale of minerals less the cost of smelting, refining, freight and other related costs.