Common use of Chargeable Costs Clause in Contracts

Chargeable Costs. Subject to the provisions of the Agreement, the Manager shall charge the Joint Account with all costs incurred by it as necessary and proper for the conduct of Operations or maintenance of the Assets. Such costs shall be reasonable and comparable with similar projects in the area. Except as otherwise provided in the Agreement, the Manager shall charge the Joint Account with: (1) exploration expenditures made for the exploration activities within the Property, (2) expenditures made for engineering, environmental, planning, Development and construction related to the Property and for the equipment and facilities necessary for Operations, including all working capital and sustaining capital for ongoing Operations and for the expansion and updating of Operations, and (3) costs and expenses of mining, processing, reclamation, restoration, worker's compensation and other claims upon closing of the mines, and any other costs following the mine closing. Such costs include, but are not limited to the following:

Appears in 3 contracts

Samples: Joint Development Agreement (Idaho Consolidated Metals Corp), Joint Venture Agreement (Idaho Consolidated Metals Corp), Agreement (Idaho Consolidated Metals Corp)

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Chargeable Costs. Subject to the provisions of the Agreement, the Manager shall charge the Joint Account with all costs incurred by it as necessary and proper for the conduct of Operations or maintenance of the Assets. Such costs shall be reasonable and comparable with similar projects in the area. Except as otherwise provided in the Agreement, the Manager shall charge the Joint Account with: (1) exploration expenditures made for the exploration activities within the PropertyProperties, (2) expenditures made for engineering, environmental, planning, Development and construction related to the Property Properties and for the equipment and facilities necessary for Operations, including all working capital and sustaining capital for ongoing Operations and for the expansion and updating of Operations, and (3) costs and expenses of mining, processing, reclamation, restoration, worker's compensation and other claims upon closing of the mines, and any other costs following the mine closing. Such costs include, but are not limited to the following:

Appears in 1 contract

Samples: Lease Agreement (Idaho Consolidated Metals Corp)

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