Datawave Sample Clauses

Datawave. Immediately upon execution of this Agreement, Datawave agrees to proceed as follows: (a) Datawave will exercise the Datawave ROFR by delivering to Xstrata, on or prior to the ROFR Expiry Date, an exercise notice in accordance with the provisions of Section 10.4(2) of the Shareholders Agreement in the form set out as Schedule “A” (the “Datawave Notice”) advising Xstrata of Datawave’s intention to acquire the Xstrata Rights and confirming its desire that the Company acquire the Feasibility Study as set out in the Side Letter and offering to purchase Xstrata’s 70% interest in the BHP Royalty (the “70% BHP Royalty”) all on the terms and conditions set out in the Offer. The Xstrata Rights, the Feasibility Study and, if and only if the foregoing offer to purchase is accepted by Xstrata, the 70% BHP Royalty, are referred to collectively as the “Xstrata Interest”. (b) as soon as practicable after delivery of the Datawave Notice, Datawave shall settle the form of sale agreement for the Xstrata Interest, substantially on the terms of the draft agreement appended to the Offer, and enter into such agreement (the “Datawave Purchase Agreement”) with Xstrata; (c) Datawave will incorporate a new subsidiary (“Data Sub”) in Chile or such other jurisdiction requested by Goldcorp and approved by Datawave; (d) immediately following the execution of the Datawave Purchase Agreement by Datawave and the incorporation of Data Sub, Datawave shall assign to Data Sub, and shall cause Data Sub to acquire and assume, all Datawave’s right and interest in and to the Datawave Purchase Agreement and shall provide written notice of such assignment to Xstrata in accordance with the provisions of the Datawave Purchase Agreement; (e) as soon as practicable after delivery of the notice of assignment to Xstrata as provided in paragraph (d) above, (i) Datawave shall request that Xstrata enter into a restated Datawave Purchase Agreement in order to incorporate Data Sub as the buyer under the Datawave Purchase Agreement, or (ii) alternatively at the request of Goldcorp, Datawave shall make such other requests as Goldcorp and Datawave agree may be necessary or desirable in connection with such assignment; and (f) upon satisfaction by Goldcorp of its obligations under subsection 2.1.2 below and the satisfaction of the conditions set out in subsection 2.1.3, Datawave will cause Data Sub to complete the acquisition of the Xstrata Interest in accordance with the provisions of the Datawave Purchase Agreem...
Sample 1
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Datawave and New Gold shall cause each of the New Gold Entities to use all commercially reasonable efforts to obtain any and all necessary consents and approvals as may be required for the purchase of the Xstrata Interest; and
Sample 1

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