Authorizations for the Mining Operations Sample Clauses
The 'Authorizations for the Mining Operations' clause establishes the requirement that all necessary permits, licenses, and approvals must be obtained before commencing or continuing mining activities. In practice, this means the mining operator must secure and maintain compliance with all relevant governmental and regulatory bodies, such as environmental agencies or local authorities, throughout the duration of the project. This clause ensures that mining operations are conducted legally and responsibly, mitigating the risk of legal penalties, project delays, or shutdowns due to non-compliance with applicable laws and regulations.
Authorizations for the Mining Operations. All material authorizations (including those required under Environmental Laws), concessions, mining rights, water rights, easements, leases, surface rights, rights of way and other property rights and other rights necessary for the Mining Operations as of the relevant date this representation is made and necessary for maintaining and preserving the rights of the relevant Obligors and each Specified Entity therein are in full force and effect and are sufficient to permit the Mining Operations in all material respects as contemplated by the Financial Model, in each case other than those which:
(i) are not now necessary and which are expected to be obtained in the ordinary course of business by the time they are necessary (those that are in existence as at the date hereof with respect to presently planned future operations are listed in the relevant Disclosure Certificate); or
(ii) the failure to have or to obtain in due course would not reasonably be expected to result in a Material Adverse Effect, and
(iii) no Obligor nor any Specified Entity has taken any action or omitted to take any action, and to, the Knowledge of the Borrower, no other Person has taken any action or omitted to take any action, which could result in the forfeiture, loss, adverse change, non-renewal or non- issuance of any such authorization, concession, mining right, water right, easement lease, surface right, right-of-way, property right or other right which has or would reasonably be expected to have a Material Adverse Effect.
Authorizations for the Mining Operations. All Permits necessary for the Mining Operations (including those required under Environmental and Social Laws), as of the relevant date this representation is made and necessary for maintaining and preserving the rights of the relevant Subject Entities therein are in full force and effect and are sufficient to permit such Mining Operations, in each case, in all material respects as contemplated by the Mine Plan, in each case other than those which are not now necessary and which are expected to be obtained in the ordinary course of business by the time they are necessary. No Subject Entity has taken any action or omitted to take any action, and to the Knowledge of the Borrower, no other Person has taken any action or omitted to take any action, which could result in the forfeiture, loss, adverse change, non-renewal or non-issuance of any Permit.
Authorizations for the Mining Operations. All material authorizations (including those required under Environmental and Social Laws), mining rights, water rights, easements, surface rights, rights of way and other property rights and other rights necessary for the Mining Operations as of the relevant date this representation is made and necessary for maintaining and preserving the rights of the relevant Obligors therein are in full force and effect and are sufficient to permit the Mining Operations in effect as at such relevant date, in each case, in all material respects as contemplated by the Mine Plan (in the case of Mining Operations relating to the Camino Rojo Project) or other applicable mine plan (in the case of other Mining Operations), in each case other than those which (i) are not now necessary and which are expected to be obtained in the ordinary course of business by the time they are necessary (those that are in existence as at the date hereof with respect to presently planned future operations are listed in the relevant Perfection Certificates), (ii) are associated with the Camino Rojo Layback Agreements or (iii) the failure to have or to obtain in due course would not reasonably be expected to result in a Material Adverse Effect. No Obligor has taken any action or omitted to take any action, and to, the Knowledge of the Borrower, no other Person has taken any action or omitted to take any action, which could result in the forfeiture, loss, adverse change, non-renewal or non-issuance of any such authorization, mining right, water right, easement, surface right, right-of-way, property right or other right which has or would reasonably be expected to have a Material Adverse Effect.