Common use of DISPOSAL OF MATERIAL Clause in Contracts

DISPOSAL OF MATERIAL. 5.1 The Operator, with the approval of the Management Committee may, from time to time, sell any Material which has become surplus to the reasonably foreseeable needs of the Mining Operations for such price and upon such terms and conditions as are available. 5.2 Any party may purchase from the Operator any Material which may from time to time become surplus to the reasonably foreseeable need of the Mining Operations for such price and upon such terms and conditions as the Management Committee may approve. 5.3 Upon termination of the Agreement, the Management Committee may approve the division of any Material held by the Operator at that date may be taken by the parties in kind or be taken by a party in lieu of a portion of its Proportionate Share of the net revenues received from the disposal of the Property. If such a division to a party be in lieu of a portion of its proportionate share, it shall be for such price and on such terms and conditions as the Management Committee may approve. 5.4 The net revenues received from the sale of any Material to third parties or to a party shall be credited to the Joint Account.

DISPOSAL OF MATERIAL. 5.1 The Operator, with the approval of the Management Committee may, from time to time, sell any Material which has become surplus to the reasonably foreseeable needs of the Mining Operations for such the best price and upon such the most favourable terms and conditions as are available. 5.2 Any party Participant may purchase from the Operator any Material which may from time to time become surplus to the reasonably foreseeable need of the Mining Operations for such price and upon such terms and conditions as the Management Committee may approve. 5.3 Upon termination of the Agreement, the Management Committee may approve the division of any Material held by the Operator at that date date, which Material may be taken by the parties Participants in kind or be taken by a party Participant in lieu of a portion of its Proportionate Share of the net revenues received from the disposal of the Assets and Property. If such a the division to a party Participant be in lieu of a portion of its proportionate sharelieu, it shall be for such price and on such terms and conditions as the Management Committee may approve. 5.4 The net revenues received from the sale of any Material to third parties or to a party Participant shall be credited to the Joint Account.

DISPOSAL OF MATERIAL. 5.1 The Operator, with the approval of the Management Committee may, from time to time, sell any Material which has become surplus to the reasonably foreseeable needs of the Mining Operations for such the best price and upon such the most favourable terms and conditions as are available. 5.2 Any party Participant may purchase from the Operator any Material which may from time to time become surplus to the reasonably foreseeable need of the Mining Operations for such price and upon such terms and conditions as the Management Committee may approve. 5.3 Upon termination of the Agreement, the Management Committee may approve the division of any Material held by the Operator at that date date, which Material may be taken by the parties Participants in kind or be taken by a party Participant in lieu of a portion of its Proportionate Share of the net revenues received from the disposal of the Assets and Property. If such a the division to a party Participant be in lieu of a portion of its proportionate sharelieu, it shall will be for such price and on such terms and conditions as the Management Committee may approve. 5.4 The net revenues received from the sale of any Material to third parties Parties or to a party shall Participant will be credited to the Joint Account.

DISPOSAL OF MATERIAL. 5.1 The OperatorManager, with the approval of the Management Committee may, from time to time, sell any Material which has become surplus to the reasonably foreseeable needs of the Mining Operations for such the best price and upon such the most favourable terms and conditions as are available. 5.2 Any party Participant may purchase from the Operator Manager any Material which may from time to time become surplus to the reasonably foreseeable need of the Mining Operations for such price and upon such terms and conditions as the Management Committee may approve. 5.3 Upon termination of the Agreement, the Management Committee may approve the division of any Material held by the Operator Manager at that date date, which Material may be taken by the parties Participants in kind or be taken by a party Participant in lieu of a portion of its Proportionate Share of the net revenues received from the disposal of the Assets and Property. If such a the division to a party Participant be in lieu of a portion of its proportionate sharelieu, it shall will be for such price and on such terms and conditions as the Management Committee may approve. 5.4 The net revenues received from the sale of any Material to third parties Parties or to a party shall Participant will be credited to the Joint Account.

DISPOSAL OF MATERIAL. 5.1 The Operator, with the approval of the Management Committee may, from time to time, sell any Material which has become surplus to the reasonably foreseeable needs of the Mining Operations for such the best price and upon such the most favourable terms and conditions as are available.; 5.2 Any party Participant may purchase from the Operator any Material which may from time to time become surplus to the reasonably foreseeable need of the Mining Operations for such price and upon such terms and conditions as the Management Committee may approve.; 5.3 Upon termination of the this Agreement, the Management Committee Committee, acting reasonably, may approve the division of any Material held by the Operator at that date may be taken by the parties in kind or be taken by a party Participant in lieu of a portion of its Proportionate Share of the net revenues received from the disposal of the Assets and Property. If such a the division to a party Participant be in lieu of a portion of its proportionate sharelieu, it shall be for such price and on such terms and conditions as the Management Committee Committee, acting reasonably, may approve.; 5.4 The net revenues received from the sale of any Material to third parties or to a party Participant shall be credited to the Joint Account.

DISPOSAL OF MATERIAL. 5.1 The Operator, with the approval of the Management Committee may, from time to time, sell any Material which has become surplus to the reasonably foreseeable needs of the Mining Operations Activities for such the best price and upon such the most favourable terms and conditions as are available. 5.2 Any party Participant may purchase from the Operator any Material which may from time to time become surplus to the reasonably foreseeable need of the Mining Operations Activities for such price and upon such terms and conditions as the Management Committee may approve. 5.3 Upon termination of the this Agreement, the Management Committee may approve the division of any Material held by the Operator at that date date, which Material may be taken by the parties Participants in kind or be taken by a party Participant in lieu of a portion of its Proportionate Share of the net revenues received from the disposal of the Joint Venture Property. If such a the division to a party Participant be in lieu of a portion of its proportionate sharelieu, it shall will be for such price and on such terms and conditions as the Management Committee may approve. 5.4 The net revenues received from the sale of any Material to third parties Persons or to a party shall Participant will be credited to the Joint Venture Account.

DISPOSAL OF MATERIAL. 5.1 The Operator, with the approval of the Management Committee in accordance with the Agreement, may, from time to time, sell any Material which has become surplus to the reasonably foreseeable needs of the Mining Operations for such the best price and upon such the most favourable terms and conditions as are available. 5.2 . Any party Participant may purchase from the Operator any Material which may from time to time become surplus to the reasonably foreseeable need of the Mining Operations for such price and upon such terms and conditions as the Management Committee may approve. 5.3 . Upon termination of the Agreement, the Management Committee may approve the division of any Material held by the Operator at that date date, which Material may be taken by the parties Participants in kind or be taken by a party Participant in lieu of a portion of its Proportionate Share of the net revenues received from the disposal of the Assets and Property. If such a the division to a party Participant be in lieu of a portion of its proportionate sharelieu, it shall be for such price and on such terms and conditions as the Management Committee may approve. 5.4 . The net revenues received from the sale of any Material to third parties or to a party Participant shall be credited to the Joint Account.

DISPOSAL OF MATERIAL. ‌ 5.1 The Operator, with the approval of the Management Committee may, from time to time, sell any Material which has become surplus to the reasonably foreseeable needs of the Mining Operations Activities for such the best price and upon such the most favourable terms and conditions as are available. 5.2 Any party Participant may purchase from the Operator any Material which may from time to time become surplus to the reasonably foreseeable need of the Mining Operations Activities for such price and upon such terms and conditions as the Management Committee may approve. 5.3 Upon termination of the this Agreement, the Management Committee may approve the division of any Material held by the Operator at that date date, which Material may be taken by the parties Participants in kind or be taken by a party Participant in lieu of a portion of its Proportionate Share of the net revenues received from the disposal of the Joint Venture Property. If such a the division to a party Participant be in lieu of a portion of its proportionate sharelieu, it shall will be for such price and on such terms and conditions as the Management Committee may approve. 5.4 The net revenues received from the sale of any Material to third parties Persons or to a party shall Participant will be credited to the Joint Venture Account.

DISPOSAL OF MATERIAL. 5.1 The Operator, with the approval of the Management Committee may, from time to time, sell any Material which has become surplus to the reasonably foreseeable needs of the Mining Operations for such the best price and upon such the most favourable terms and conditions as are available. 5.2 . Any party Participant may purchase from the Operator any Material which may from time to time become surplus to the reasonably foreseeable need of the Mining Operations for such price and upon such terms and conditions as the Management Committee may approve. 5.3 . Upon termination of the Agreement, the Management Committee may approve the division of any Material held by the Operator at that date date, which Material may be taken by the parties Participants in kind or be taken by a party Participant in lieu of a portion of its Proportionate Share of the net revenues received from the disposal of the Assets and Property. If such a the division to a party Participant be in lieu of a portion of its proportionate sharelieu, it shall be for such price and on such terms and conditions as the Management Committee may approve. 5.4 . The net revenues received from the sale of any Material to third parties or to a party Participant shall be credited to the Joint Account.

DISPOSAL OF MATERIAL. 5.1 The Operator, with the approval of the Management Committee management Committee, may, from time to time, sell any Material which has become surplus to the reasonably foreseeable needs of the Mining Operations for such price and upon such terms and conditions as are available. 5.2 Any party Participant may purchase from the Operator any Material which may from time to time become surplus to the reasonably foreseeable need of the Mining Operations for such price and upon such terms and conditions as the Management Committee may approve. 5.3 Upon termination of the Agreement, the Management Committee may approve the division of any Material held by the Operator at that date which may be taken by the parties Participants in kind or be taken by a party Participant in lieu of a portion of its Proportionate Share proportionate share of the net revenues received from the disposal of the Propertyassets and property. If such a division to a party Participant be in lieu of a portion of its proportionate share, it shall be for such price and on such terms and conditions as the Management Committee may approve. 5.4 The net revenues received from the sale of any Material to third parties or to a party shall Participant will be credited to the Joint Project Account.