Conveyance on Closing. If Lessee exercises and closes the Option, Owner shall execute and deliver to Lessee the Deed. The parties shall complete the Deed by inserting the description of the Property and the schedule of the Advanced Royalty Payments. Owner and Lessee shall execute and deliver such other written assurances and instruments as are reasonably necessary for the purpose of closing the purchase of the Property.
Conveyance on Closing. If TOGI exercises and closes the Option, Owner shall execute and deliver to TOGI a conveyance of the Property in the form of Exhibit B attached to and by this reference incorporated in this Agreement. On the closing of the Option, the parties shall complete the conveyance by (a) inserting the description of all of the unpatented mining claims which comprise the Property on closing of the Option; (b) inserting the Royalty percentage rates which shall be taken from Section 4.2 of this Agreement, unless on exercise of the Option TOGI exercises and closes the Royalty Option, in which case the Royalty percentage rates as reduced shall be inserted in the conveyance; and (c) inserting the schedule of Minimum Payments applicable after the closing of the Option. The execution, delivery and recording of the conveyance shall not constitute a merger of TOGI's obligations under this Agreement which shall survive the closing of the Option, specifically, the obligations expressly stated in the conveyance and TOGI's obligations which accrue, but are not fully performed, before the closing of the Option, including the obligations under Sections 4.1, 6, 7.3, 9, 10, 11, 12, 13 and 22 of this Agreement. Owner and TOGI shall execute and deliver such other written assurances and instruments as are reasonably necessary for the purpose of closing the purchase of the Property.
Conveyance on Closing. If Lessee exercises and closes the Option, Owner shall execute and deliver to Lessee a conveyance of the Property, which contains the reservation of the Royalty, in the form of Exhibit B attached to and by this reference incorporated in this Agreement. The execution, delivery and recording of the conveyance shall not constitute a merger of Lessee’s obligations under this Agreement, which shall survive the closing of the Option. Owner and Lessee shall execute and deliver such other written assurances and instruments as are reasonably necessary for the purpose of closing the purchase of the Property.
Conveyance on Closing. If GSV exercises and closes the Option, Owner shall execute and deliver to GSV a conveyance of the Property which contains the reservation of the Royalty and obligates GSV to make the Payments in the form of Exhibit 5.4 attached to and by this reference incorporated in this Agreement. On the closing of the Option, the parties shall complete the conveyance by inserting the description of all of the unpatented mining claims which comprise the Property on closing of the Option. The execution, delivery and recording of the conveyance shall not constitute a merger of GSV’s obligations under this Agreement which shall survive the closing of the Option. Owner and GSV shall execute and deliver such other written assurances and instruments as are reasonably necessary for the purpose of closing the purchase of the Property.
Conveyance on Closing. If Lessee exercises the Option, NLRC shall execute and deliver a conveyance of the Surface of the Property which contains a reservation of the Geothermal Resources, mineral estate, all minerals and the Royalty. The conveyance and reservation of the Royalty shall incorporate the terms and conditions of this Agreement which survive termination of this Agreement on exercise of the Option, including the Royalty. NLRC and Lessee shall execute and deliver such other written assurances and instruments as are reasonably necessary for the purpose of closing the purchase of the Surface of the Property.
Conveyance on Closing. If Romarco exercises and closes the Option, Owner shall execute and deliver to Romarco a conveyance of the Property which contains the reservation of the Royalty and obligates Romarco to make the Payments in the form of Exhibit B attached to and by this reference incorporated in this Agreement. On the closing of the Option, the parties shall complete the conveyance by inserting the description of all of the unpatented mining claims which comprise the Property on closing of the Option. The execution, delivery and recording of the conveyance shall not constitute a merger of Romarco’s obligations under this Agreement which shall survive the closing of the Option. Owner and Romarco shall execute and deliver such other written assurances and instruments as are reasonably necessary for the purpose of closing the purchase of the Property.
Conveyance on Closing. If Romarco exercises and closes the Option, Paragon shall execute and deliver to Romarco a conveyance of the Property which contains the reservation of the Net Smelter Returns Royalty and which obligates Romarco to make the Payments prescribed in Sections 5.2, 5.3 and 5.4 of this Agreement. On the closing of the Option, the parties shall complete the conveyance by inserting the description of all of the unpatented mining claims which comprise the Property on closing of the Option. Paragon and Romarco shall execute and deliver such other written assurances and instruments as are reasonably necessary for the purpose of closing the purchase of the Property.
Conveyance on Closing. If Romarco exercises and closes the Option, Xxxx shall execute and deliver to Romarco a conveyance of the Property which contains the reservation of the Net Smelter Returns Royalty and which obligates Romarco to make the Payments prescribed in Sections 5.1 and 5.2 of this Agreement. On the closing of the Option, the parties shall complete the conveyance by inserting the description of all of the unpatented mining claims which comprise the Property on closing of the Option. Xxxx and Romarco shall execute and deliver such other written assurances and instructions as are reasonably necessary for the purpose of closing the purchase of the Property.
Conveyance on Closing. If Paradigm exercises and closes the Option, Owner shall execute and deliver to Paradigm a conveyance of the Property in the form of the Deed attached to this Agreement as Exhibit B and a declaration of value for the Deed. Paradigm shall execute and deliver a declaration of value for the Deed and the Deed of Trust as provided in Section 5.6. Owner and Paradigm shall execute and deliver such other written assurances and instruments as are reasonably necessary for the purpose of closing the purchase and sale of the Property.
Conveyance on Closing. If Lessee exercises the Option, Landowner shall execute and deliver a conveyance of the Surface of the Property which contains a reservation of the Geothermal Resources, mineral estate, all minerals and the Royalty. The conveyance and reservation of the Royalty shall incorporate the terms and conditions of this Agreement which survive termination of this Agreement on exercise of the Option, including the Royalty. Landowner and Lessee shall execute and deliver such other written assurances and instruments as are reasonably necessary for the purpose of closing the purchase of the Surface of the Property.
