Common use of Preemptive Right Clause in Contracts

Preemptive Right. Any Transfer by either Participant under SECTION 16.1 and any Transfer by an Affiliate of Control of either Participant shall be subject to a preemptive right of the other Participant to the extent provided in EXHIBIT H. Failure of a Participant's Affiliate to comply with this ARTICLE XVI and EXHIBIT H shall be a breach by such Participant of this Agreement.

Appears in 2 contracts

Samples: Agreement (Gryphon Gold Corp), Agreement (Golden Phoenix Minerals Inc /Mn/)

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Preemptive Right. Any Transfer by either Participant under SECTION Section 16.1 and any Transfer by an Affiliate of Control of either Participant shall be subject to a preemptive right of the other Participant to the extent provided in EXHIBIT Exhibit H. Failure of a Participant's ’s Affiliate to comply with this ARTICLE Article XVI and EXHIBIT Exhibit H shall be a breach by such Participant of this Agreement.

Appears in 1 contract

Samples: Operating Agreement (Thompson Creek Metals CO Inc.)

Preemptive Right. Any Transfer by either Participant under SECTION 16.1 Section 15.1 and any Transfer by an Affiliate of Control of either Participant shall be subject to a preemptive right of the other Participant to the extent provided in EXHIBIT Exhibit H. Failure of a Participant's ’s Affiliate to comply with this ARTICLE XVI Article XV and EXHIBIT Exhibit H shall be a breach by such Participant of this Agreement.

Appears in 1 contract

Samples: Improvements Agreement (Americas Gold & Silver Corp)

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Preemptive Right. Any Transfer by either Participant under SECTION Section 16.1 and any Transfer by an Affiliate of Control of either Participant shall be subject to a preemptive right of the other Participant to the extent provided in EXHIBIT Exhibit H. Failure of a Participant's Affiliate to comply with this ARTICLE Article XVI and EXHIBIT Exhibit H shall be a breach by such Participant of this Agreement.

Appears in 1 contract

Samples: Operating Agreement (Royal Gold Inc /De/)

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