Common use of Disposition of Production Clause in Contracts

Disposition of Production. 14.1 Subject to the provisions of Section 14.3 and Section 14.4, following the commencement of Commercial Production and provided that each Participant has paid to Operator its respective Cost Share of Operating Costs for that period, the Participants will take in kind and separately dispose of Mineral Products in the ratio of their respective Interests.

Appears in 2 contracts

Samples: Joint Venture Agreement (Journey Resources Corp.), Joint Venture Agreement (Wits Basin Precious Minerals Inc)

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Disposition of Production. 14.1 13.1 Subject to the provisions of Section 14.3 and Section 14.4subsection 13.3, following for any period after the commencement of Commercial Production on the Property and provided that each Participant has paid to the Operator its respective Cost Share of Operating Costs for that period, the Participants will shall take in kind and separately dispose of Mineral Products in the ratio of their respective InterestsInterests in the Property.

Appears in 1 contract

Samples: Joint Venture Agreement (Almaden Minerals LTD)

Disposition of Production. 14.1 Subject to the provisions of Section §14.3 and Section §14.4, following the commencement of Commercial Production and provided that each Participant has paid to Operator its respective Cost Share of Operating Costs for that period, the Participants will take in kind and separately dispose of Mineral Products in the ratio of their respective Interests.

Appears in 1 contract

Samples: Option and Joint Venture Agreement (Journey Resources Corp.)

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Disposition of Production. 14.1 20.1 Subject to the provisions of Section 14.3 and Section 14.428, following for any period after the commencement of Commercial Production and provided that each Participant has paid to the Operator its respective Cost Share of Operating Costs for that period, the Participants will shall, subject to subsection 20.3 and Noranda's rights under subsection 20.4, be entitled to take in kind and to separately dispose of Mineral Products in the ratio of their respective Interests.

Appears in 1 contract

Samples: Agreement (Pacific Booker Minerals Inc.)

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