District and Camp Expense (Field Supervision and Camp Expenses). A pro rata portion of: (i) the salaries and expenses of the Manager's superintendent and other employees serving Operations whose time is not allocated directly to such Operations, and (ii) the costs of maintaining and operating an office and any necessary suboffice, and (iii) all necessary camps, including housing facilities for employees, used for Operations. The expense of those facilities, less any revenue therefrom, shall include depreciation or a fair monthly rental in lieu of depreciation of the investment. The total of such charges for all Properties served by the Manager's employees and facilities shall be apportioned to the Business Account on the basis of a ratio to be approved by the Management Committee.
Appears in 2 contracts
Samples: Equity Participation and Earn in Agreement (Entree Gold Inc), Agreement (Golden Phoenix Minerals Inc /Mn/)
District and Camp Expense (Field Supervision and Camp Expenses). A pro rata portion of: of (ia) the salaries and expenses of the Manager's ’s superintendent and other employees serving Operations whose time is not allocated directly to such Operations, and (iib) the costs of maintaining and operating an office (the “Manager’s Project Office”) and any necessary suboffice, and (iiic) all necessary camps, including housing facilities for employees, used for Operations. The expense of those facilities, less any revenue therefrom, shall include depreciation or a fair monthly rental in lieu of depreciation of the investment. The total of such charges for all Properties properties served by the Manager's ’s employees and facilities shall be apportioned to the Business Account on the basis of a ratio to be approved ratio, the numerator of which is the direct labor costs of the Operations and the denominator of which is the total direct labor costs incurred for all activities served by the Management CommitteeManager.
Appears in 1 contract
Samples: Limited Liability Company Agreement
District and Camp Expense (Field Supervision and Camp Expenses). A pro rata portion of: of (i) the salaries and expenses of the Manager's ’s superintendent and other employees serving Operations whose time is not allocated directly to such Operations, and (ii) the costs of maintaining and operating an office (herein called the “Manager’s Project Office”) and any necessary suboffice, suboffice and (iii) all necessary camps, including housing facilities for employees, used for Operations. The expense of those facilities, less any revenue therefrom, shall include depreciation or a fair monthly rental in lieu of depreciation of the investment. The total of such charges for all Properties properties served by the Manager's ’s employees and facilities shall be apportioned to the Business Account on the basis of a ratio to be approved ratio, the numerator of which is the direct labor costs of the Operations and the denominator of which is the total direct labor costs incurred for all activities served by the Management CommitteeManager.
Appears in 1 contract
Samples: Limited Liability Company Agreement
District and Camp Expense (Field Supervision and Camp Expenses). A pro rata portion of: of (i) the salaries and expenses of the ManagerOperator's superintendent and other employees serving Operations whose time is not allocated directly to such Operations, and (ii) the costs of maintaining and operating an office (herein called "the Operator's Project Office") and any necessary suboffice, suboffice and (iii) all necessary camps, including housing facilities for employees, used for Operations. The expense of those facilities, less any revenue therefrom, shall include depreciation or a fair monthly rental in lieu of depreciation of the investment. The total of such charges for all Properties properties served by the ManagerOperator's employees and facilities shall be apportioned to the Business Joint Account on the basis of a ratio to be approved by the Management CommitteeOperator's best estimate of the proportionate amount such expenses are incurred for the benefit of the Venture.
Appears in 1 contract
Samples: Subscription & Option Agreement (Fronteer Development Group)
District and Camp Expense (Field Supervision and Camp Expenses). A pro rata portion of: of (i) the salaries and expenses of the Manager's superintendent and other employees serving Operations whose time is not allocated directly to such Operationsthereto, and (ii) the costs of maintaining and operating an office and any necessary suboffice, or appropriate suboffices and (iii) the costs of all necessary or appropriate camps, including but not limited to the costs of housing facilities for employees, used for Operations. The expense costs of those facilitiesoffices, suboffices and camps, less any revenue therefrom, shall include depreciation or a fair monthly rental in lieu of depreciation of the investment. The total of such charges for all Properties properties served by the Manager's employees and facilities shall be apportioned to the Business Account on the basis of a ratio to be approved by the Management Committee.
Appears in 1 contract
Samples: Limited Liability Company Operating Agreement (Uranium Energy Corp)
District and Camp Expense (Field Supervision and Camp Expenses). A pro rata portion of: (i) the salaries and expenses of the Manager's ’s superintendent and other employees serving Operations whose to the extent their time is not allocated spent directly to on such Operations, and (ii) the costs of maintaining and operating an office and any necessary suboffice, and (iii) all necessary camps, including housing facilities for employees, used for Operations. The expense of those facilities, less any revenue therefrom, shall include depreciation or a fair monthly rental in lieu of depreciation of the investment. The total of such charges for all Properties served by the Manager's ’s employees and facilities shall be apportioned to the Business Account on the basis of a ratio to be approved by the Management Committee.
Appears in 1 contract
Samples: Exploration, Development and Mine Operating Agreement (Midway Gold Corp)
District and Camp Expense (Field Supervision and Camp Expenses). A pro rata portion of: (i) the salaries and expenses of the Manager's superintendent and other ’s employees serving Operations whose time is not allocated directly to such Operations, and (ii) the costs of maintaining and operating an office and any necessary suboffice, and (iii) all necessary camps, including housing facilities for employees, used for Operations. The expense of those facilities, less any revenue therefrom, shall include depreciation or a fair monthly rental in lieu of depreciation of the investment. The total of such charges for all Properties served by the Manager's ’s employees and facilities shall be apportioned to the Business Account on the basis of a ratio to be approved by the Management Committee.
Appears in 1 contract
Samples: Exploration, Development and Mine Operating Agreement (Miranda Gold Corp)
District and Camp Expense (Field Supervision and Camp Expenses). A pro rata portion of: of (i) the salaries and expenses of the Manager's superintendent and other employees serving Operations whose time is not allocated directly to such Operations, and (ii) the costs of maintaining and operating an office (herein called the "Manager's Project Office") and any necessary suboffice, suboffice and (iii) all necessary camps, including housing facilities for employees, used for Operations. The expense of those facilities, less any revenue therefrom, shall include depreciation or a fair monthly rental in lieu of depreciation of the investment. The total of such charges for all Properties properties served by the Manager's employees and facilities shall be apportioned to the Business Account on the basis of a ratio to be approved ratio, the numerator of which is the direct labor costs of the Operations and the denominator of which is the total direct labor costs incurred for all activities served by the Management CommitteeManager.
Appears in 1 contract
Samples: Operating Agreement (Solitario Exploration & Royalty Corp.)
District and Camp Expense (Field Supervision and Camp Expenses). A pro rata portion of: (i) the salaries and expenses of the Manager's ’s superintendent and other employees serving Operations whose time is not allocated directly to such Operations, and (ii) the costs of maintaining and operating an office and any necessary suboffice, and (iii) all necessary camps, including housing facilities for employees, used for Operations. The expense of those facilities, less any revenue therefrom, shall include depreciation or a fair monthly rental in lieu of depreciation of the investment. The total of such charges for all Properties served by the Manager's ’s employees and facilities shall be apportioned to the Business Account on the basis of a ratio to be approved by the Management Committee.
Appears in 1 contract
Samples: Exploration, Development and Mine Operating Agreement (Canyon Resources Corp)