Net Profits Interest. No payment in respect to the Net Profits Interest will be paid by the Purchaser to the Vendors hereunder until the Purchaser has been first reimbursed or recouped for its own account out of the Net Profits from any Mining Operation on the Property, an amount in the aggregate equal to:
Appears in 2 contracts
Sources: Option Agreement (Earth Life Sciences Inc), Option Agreement (Globetech Ventures Corp)