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Royalty Agreement Template Canada

Crown Royalties, in respect of a period, any amount paid or payable to the Crown, which has been received or received from the Crown or which is to be received by the Crown, pursuant to a statutory obligation or contractual obligation that is substituted for an obligation imposed by law, such as. B a licence fee, tax (excluding municipal or school tax), rent, bonus or other amount (or in respect of late payment or not) that can reasonably be considered to relate to oil rights and natural gas or the production of petroleum materials; If, at any time, one or more terms of this License Agreement are held to be unenforceable or unenforceable, the parties agree to replace a similar provision or condition to replace the erroneous provisions. The Fellow agrees that, during the term of this Agreement, all proprietary elements contained therein will be treated confidentially and with the same consideration that the Licensee would have protected personal information. . . .

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