Common use of Cash Calls Clause in Contracts

Cash Calls. The Optionor, as Operator, shall submit to the Optionee a billing for the full amount of the estimated Expenditures for any Program scheduled to be undertaken. Within 10 days after receipt of such billing, the Optionee shall advance to the Optionor, as Operator, such estimated amount.

Appears in 2 contracts

Samples: Option Agreement (Fronteer Development Group Inc), Option Agreement (Northwestern Mineral Ventures Inc.)

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Cash Calls. The Optionor, as Operator, shall submit to the Optionee a billing for the full amount of the estimated Expenditures for any Program scheduled to be undertaken, subsequent to the Initial Exploration Program. Within 10 days after receipt of such billing, the Optionee shall advance to the Optionor, as Operator, such estimated amount.

Appears in 1 contract

Samples: Option Agreement (Fronteer Development Group)

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Cash Calls. The Optionor, as Operator, shall submit to the Optionee a billing for the full amount of the estimated Expenditures for any Program scheduled to be undertaken, subsequent to the 2002 Program. Within 10 14 days after receipt of such billing, the Optionee shall advance to the Optionor, as Operator, such estimated amount.

Appears in 1 contract

Samples: Subscription & Option Agreement (Fronteer Development Group)

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