Common use of E A S Clause in Contracts

E A S. (a) the Proponents have rights in mining tenements in the Xxx Xxxx Xxxxxx xx Xxxxxxx Xxxxxxxxx; (b) the Proponents propose to establish and operate mines, plant and ancillary facilities in the Xxx Xxxx Xxxxxx xx Xxxxxxx Xxxxxxxxx to mine and process iron ore into steel and other value added products; (c) the State and the Proponents have agreed to investigate the feasibility of the State establishing an industrial estate and a port at Oakajee partly for the purposes of the Proponents’ project and to investigate the feasibility of the Proponents using such industrial estate and port for the purposes of their project; and (d) the State, for the purpose of promoting employment opportunity and industrial development and in particular the establishment of further raw material processing facilities in Western Australia, has agreed to assist the establishment and operation of the mines, plant and ancillary facilities upon and subject to the terms of this Agreement.

E A S. (a) the Proponents have rights in mining tenements in the Xxx Xxxx Xxxxxx xx Xxxxxxx Xxxxxxxxx; (b) the Proponents propose to establish and operate mines, plant and ancillary facilities in the Xxx Xxxx Xxxxxx xx Xxxxxxx Xxxxxxxxx to mine and process iron ore into steel and other value added products; (c) the State and the Proponents have agreed to investigate the feasibility of the State establishing an industrial estate and a port at Oakajee partly for the purposes of the Proponents’ project and to investigate the feasibility of the Proponents using such industrial estate and port for the purposes of their project; and (d) the State, for the purpose of promoting employment opportunity and industrial development and in particular the establishment of further raw material processing facilities in Western Australia, has agreed to assist the establishment and operation of the mines, plant and ancillary facilities upon and subject to the terms of this Agreement.. Compare 20 Jun 2013 [01-b0-01] / 28 Aug 2013 [01-c0-03] page 3