Disposition of Assets on Termination. Promptly after termination under Sections 12.1 or 12.2, the Manager shall take all action necessary to wind up the activities of the Business. All costs and expenses incurred in connection with the termination of the Business shall be expenses chargeable to the Business Account.
Appears in 4 contracts
Samples: Exploration, Development and Mine Operating Agreement (Thompson Creek Metals CO Inc.), Exploration, Development and Mine Operating Agreement (Miranda Gold Corp), Exploration, Development and Mine Operating Agreement (Midway Gold Corp)
Disposition of Assets on Termination. Promptly after termination under Sections 12.1 13.1 or 12.213.2, the Manager shall take all action necessary to wind up the activities of the Business. All costs and expenses incurred in connection with the termination of the Business shall be expenses chargeable to the Business Account.
Appears in 3 contracts
Samples: Equity Participation and Earn in Agreement (Entree Gold Inc), Equity Participation and Earn in Agreement (Entree Gold Inc), Equity Participation and Earn in Agreement (Entree Gold Inc)
Disposition of Assets on Termination. Promptly after termination under Sections SECTIONS 12.1 or 12.2, the Manager shall take all action necessary to wind up the activities of the Business. , in accordance with EXHIBIT C. All costs and expenses incurred in connection with the termination of the Business shall be expenses chargeable to the Business Account.
Appears in 2 contracts
Samples: Agreement (Golden Phoenix Minerals Inc /Mn/), Agreement (Gryphon Gold Corp)
Disposition of Assets on Termination. Promptly after termination under Sections 12.1 11.1 or 12.211.2, the Manager shall take all action necessary to wind up the activities of the Business. All Venture and to dispose of or distribute the Assets, and all costs and expenses incurred in connection with the termination of the Business Venture shall be expenses chargeable to the Business AccountVenture.
Appears in 2 contracts
Samples: Venture Agreement (New Jersey Mining Co), Mill Venture Agreement (New Jersey Mining Co)
Disposition of Assets on Termination. Promptly after termination under Sections 12.1 or 12.2, the Manager shall take all action necessary to wind up the activities of the Business. , in accordance with Exhibit C. All costs and expenses incurred in connection with the termination of the Business shall be expenses chargeable to the Business Account.
Appears in 2 contracts
Samples: Exploration, Development and Mine Operating Agreement (Canyon Resources Corp), Exploration, Development and Mine Operating Agreement (Royal Gold Inc /De/)
Disposition of Assets on Termination. Promptly after termination under Sections 12.1 or 12.28.1 and 8.2, the Manager Company shall take all action necessary to wind up the activities of the BusinessProperty. All costs and expenses incurred in connection with the termination of the Business shall be expenses chargeable to the Business AccountCompany.
Appears in 1 contract
Samples: Exploration and Purchase Option Agreement (Trend Mining Co)
Disposition of Assets on Termination. Promptly after termination under Sections 12.1 or 12.2Section 11.1, the Manager shall take all action necessary to wind up the activities of the Business. Company, in accordance with Exhibit E. All costs and expenses incurred in connection with the termination of the Business Company shall be expenses chargeable to the Business Account.
Appears in 1 contract
Samples: Exploration, Development & Mine Operating Agreement (Crosshair Exploration & Mining Corp)
Disposition of Assets on Termination. Promptly after termination under Sections 12.1 or 12.212.2 , the Manager shall take all action necessary to wind up the activities of the Business. Venture, in accordance with Exhibit C. All costs and expenses incurred in connection with the termination of the Business Venture shall be expenses chargeable to the Business Venture Account.
Appears in 1 contract
Disposition of Assets on Termination. Promptly after termination of the Agreement under Sections 12.1 or 12.2Section 16.1, the Manager shall take all action necessary to wind up the activities of the Business. All costs and expenses incurred in connection with the termination of the Business shall be expenses chargeable to the Business Account.
Appears in 1 contract
Samples: Exploration, Development and Mine Operating Agreement (Us Energy Corp)
Disposition of Assets on Termination. Promptly after termination under Sections 12.1 11.1 or 12.211.2 , the Manager shall take all action necessary to wind up the activities of the Business. All Venture and to dispose of or distribute the Assets, and all costs and expenses incurred in connection with the termination of the Business Venture shall be expenses chargeable to the Business AccountVenture.
Appears in 1 contract
Disposition of Assets on Termination. Promptly after termination under Sections Section 12.1 or 12.2, the Manager Operator shall take all action necessary to wind up the activities of the Business. Business in accordance with Schedule C. All costs and expenses incurred in connection with the termination of the Business Venture shall be expenses chargeable to the Business Account.
Appears in 1 contract
Samples: Joint Venture Agreement
