Royalty Right

Example Definitions of "Royalty Right"
Royalty Right. The 5% net profit interest payable in respect of all production on the Saladillo, Saladillo 1 and Saladillo 5 concessions by the Seller to BLM Minera Mexicana S.A. de C.V., after recovery of $12,000,000, by virtue of the contract of sale between BLM Minera Mexicana S.A. de C.V. and the Seller regarding the sale of the infrastructure and permits related to the Mill
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