DISPOSAL OF MATERIAL. 5.01 The Operator, with the approval of the Management Committee may, from time to time, sell any Material which has become surplus to the foreseeable needs of the Mining Operations for the best price and upon the most favourable terms and conditions available. 5.02 Any Participant may purchase from the Operator any Material which may from time to time become surplus to the foreseeable need of the Mining Operations for such price and upon such terms and conditions as the Management Committee may approve.
Appears in 3 contracts
Samples: Joint Venture Agreement (Baymont Corp), Joint Venture Agreement (Delbrook Corp), Joint Venture Agreement (Amador Gold Corp)
DISPOSAL OF MATERIAL. 5.01 The Operator, with the approval of the Management Committee may, from time to time, sell any Material which has become surplus to the foreseeable needs of the Mining Operations for the best price and upon the most favourable terms and conditions available.
5.02 Any Participant may purchase from the Operator any Material which may from time to time become surplus to the foreseeable need of the Mining Operations for such price and upon such terms and conditions as the Management Committee may approve.
Appears in 1 contract
DISPOSAL OF MATERIAL. 5.01 The Operator, with the approval of the Management Committee Committee, may, from time to time, sell any Material which has become surplus to the foreseeable needs of the Mining Operations for the best price and upon the most favourable terms and conditions available.
5.02 Any Participant may purchase from the Operator any Material which may from time to time become surplus to the foreseeable need of the Mining Operations for such price and upon such terms and conditions as the Management Committee may approve.
Appears in 1 contract
