Construction Decision Guarantee Sample Clauses
Construction Decision Guarantee. Subject to the provisions of Section 4, Goldcorp hereby unconditionally and irrevocably agrees that within 60 days (the “Construction Decision Deadline”) following receipt of all permits and approvals required to construct and operate a mine (the “Mine”) on the mining property known as “El Morro” (the “Project”) owned by Sociedad Contractual Minera El Morro (the “Company”), a corporation incorporated under the laws of Chile, it shall and shall cause the Company to (i) make and announce a positive construction decision with respect to the Project, and (ii) commence construction of the Mine.
Construction Decision Guarantee. Contemporaneously with the completion of the Data Sub Share Transaction as provided in this Agreement, Goldcorp shall execute and deliver a construction decision guarantee to New Gold substantially in the form set out as Schedule “D”.