Bankable Feasibility Study Clause Samples
A Bankable Feasibility Study clause defines the requirement for a comprehensive technical and financial assessment of a project to determine its viability for securing external financing. This clause typically mandates that the study be conducted to a standard acceptable to banks or lenders, covering aspects such as resource estimates, project design, cost projections, and risk analysis. Its core practical function is to ensure that the project is sufficiently evaluated and documented to attract investment and support informed decision-making by stakeholders.
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Bankable Feasibility Study. Should the Management Committee resolve to conduct a Bankable Feasibility Study in respect of any Prospecting Right Area the cost of such Bankable Feasibility Study shall be borne by Taspac, Mmakau and the Broad Based Participants in accordance with their respective Participation Interest in the Joint Venture .
Bankable Feasibility Study the ‘Bankable Feasibility Study’ as defined in the MHLLC Operating Agreement was completed on 22 February 2012;
Bankable Feasibility Study. At any point in which the Management Committee agrees the results of the Exploration Operations justify doing so, the Manager will procure the preparation of a Bankable Feasibility Study. The Manager will deliver a copy of the Bankable Feasibility Study, upon completion, to the Parties.
Bankable Feasibility Study. The GMO Parties have delivered to POS-Minerals as an inducement to enter into this Agreement, and acknowledge and understand that POS-Minerals has relied upon, a true and correct copy of the Bankable Feasibility Study, Volume I of which is attached hereto as Exhibit G and Volume II of which is incorporated herein by reference. The factual information provided by General Moly in connection with the preparation of the Bankable Feasibility Study did not contain, at the time provided, any material misrepresentation or misstatement. To the Knowledge of the GMO Parties, the Bankable Feasibility Study was prepared by “Qualified Persons” (as such term is defined in Canadian Standard NI 43-101) in accordance with the Canadian Standard NI 43-101 for industry consistency. Notwithstanding the foregoing, the GMO Parties make no representations or warranties regarding the accuracy of any projections, predictions or other estimation of future events set forth in the Bankable Feasibility Study or otherwise, or as to the legal or other conclusions to be drawn from the Bankable Feasibility Study.