Common use of Consideration for and maintenance of the Option Clause in Contracts

Consideration for and maintenance of the Option. In order to keep the right and Option granted to the Purchaser in respect of the Property in good standing and in force and effect during the Option Period the Purchaser shall be obligated to provide the following consideration to the Vendors in the following manner:

Appears in 3 contracts

Samples: Mineral Property Acquisition Agreement (Zoro Mining Corp.), Mineral Property Acquisition Agreement (Brock Paul Douglas), Mineral Property Acquisition Agreement (Silica Resources Corp)

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Consideration for and maintenance of the Option. In order to keep the right and Option granted to the Purchaser in respect of the Property in good standing and in force and effect during the Option Period the Purchaser shall be obligated to provide the following consideration to the Vendors Vendor in the following manner:

Appears in 2 contracts

Samples: Mineral Property Acquisition Agreement (Douglas Lake Minerals Inc.), Mineral Property Acquisition Agreement (Douglas Lake Minerals Inc.)

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