Earn-In Period Sample Clauses

Earn-In Period. The period during which Barrel may exercise the Earn-in Right and thereby earn up to a 100% Participating Interest in the Project Property (the "Earn-in Period") will commence on the Effective Date and end on any of the of the following dates: 2.2.1 subject to Barrel not having incurred, payments or Earn-in Expenditures equal to or greater than the Minimum Expenditure Commitment, within 30 days of the Initial Payment 2.2.2 the date upon which Barrel notifies TGR pursuant to Section 3.10 that Company is electing to relinquish the Earn-in Right without having earned a Participating Interest in the Project 2.2.3 subject to Barrel having earned a Participating Interest in the Project of at least forty nine per cent (49%), the date upon which Company notifies TGR pursuant to Section 2.2 that Company is electing to relinquish any further Earn-in Rights without having earned the maximum Participating Interest available thereunder; 2.2.4 the date upon which the aggregate Earn-in Expenditures incurred by Barrel equals or exceeds the amount of Earn-in Expenditures required in order to earn the maximum 100% Participating Interest available pursuant to the Earn-in Right; 2.2.5 subject to Barrel having earned a Participating Interest in the Project of at least forty nine per cent (49%), further Earn in rights will be relinquished if Barrel is inactive in payments or Expenditures to the property for a period of four years.
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Earn-In Period. The term “Earn-In Period” as defined in the Purchase Agreement is hereby deleted, and is hereby fully amended, replaced, and restated as follows:
Earn-In Period. 4.1 Right of Entry During Earn-in Period 14 4.2 Obligations of Meridian Minerals During the Earn-in Period 14 4.3 Obligations of Evolving During the Earn-in Period 16 4.4 Operations During the Earn-in Period 16
Earn-In Period. The increase in the Interest of Solitario upon the completion of the Phase III Earn-in Payments ("Phase III Earn-in") shall be deemed for purposes of this Agreement, including for purposes of maintaining Capital Accounts in accordance with Exhibit C: (1) to the extent of the Phase III Centennial Payments, the issuance to Solitario of an additional Interest in exchange for an additional Capital Contribution, and not the sale by DHI US of any portion of its Interest; and (2) to the extent of the Phase III DHI US Payments, the sale by DHI US of a portion of its Interest. The increase in the Interest of DHI US in the event that Solitario fails to make all of the Phase III Earn-in Payments shall be deemed for such purposes as a relinquishment by Solitario to DHI US of a 21% Interest. The Phase I Earn-In Period, the Phase II Earn-In Period and the Phase III Earn-in Period are referred to collectively as the "Earn-In Period." <PAGE>

Related to Earn-In Period

  • Xxxxx Period After payment of the first Dues, the Subscriber is entitled to a grace period of 30 days for the payment of any Dues due. During this grace period, the Agreement will remain in force. However, the Subscriber will be liable for payment of Dues accruing during the period the Agreement continues in force.

  • Annual Meeting An annual meeting of the stockholders for the election of directors and for other business shall be held on such date and at such time as may be fixed by the board of directors.

  • Beginning (i) no earlier than eleven (11) weeks before the expected birth date, and (ii) no later than the actual birth date, and

  • week period If an employee fails to return at the end of the family care or medical leave, the CSU may require repayment of insurance premiums paid during the unpaid portion of the leave. The CSU shall not require repayment of premiums if the employee's failure to return is due to his/her serious health condition or due to circumstances beyond the employee's control.

  • Qualifying Period If a regular employee is promoted or transferred to a position, then that employee shall be considered a qualifying employee in her new position for a period of ninety (90) calendar days. If a regular employee is promoted or transferred to a position either within or outside the certification and is found to be unsatisfactory, she shall be returned to her previously held position. If a regular employee is promoted to a position, either within or outside the certification, and finds the position to be unsatisfactory, she shall be returned to her previously held position.

  • Election Period The period which begins on the first day of the Plan Year in which the Participant attains age thirty-five (35) and ends on the date of the Participant’s death. If a Participant separates from Service prior to the first day of the Plan Year in which age thirty-five (35) is attained, the Election Period shall begin on the date of separation, with respect to the account balance as of the date of separation.

  • Break Period All employees working in full time (7 or 7.5 hour) positions shall be permitted a fifteen (15) minute rest period both in the first half and the second half of a shift.

  • Final Meeting The goal of this subtask is to complete the closeout of this Agreement. • Meet with Energy Commission staff to present project findings, conclusions, and recommendations. The final meeting must be completed during the closeout of this Agreement. This meeting will be attended by the Recipient and CAM, at a minimum. The meeting may occur in person or by electronic conferencing (e.g., WebEx), with approval of the CAM. The technical and administrative aspects of Agreement closeout will be discussed at the meeting, which may be divided into two separate meetings at the CAM’s discretion. o The technical portion of the meeting will involve the presentation of findings, conclusions, and recommended next steps (if any) for the Agreement. The CAM will determine the appropriate meeting participants. o The administrative portion of the meeting will involve a discussion with the CAM and the CAO of the following Agreement closeout items:  Disposition of any state-owned equipment.  Need to file a Uniform Commercial Code Financing Statement (Form UCC-1) regarding the Energy Commission’s interest in patented technology.  The Energy Commission’s request for specific “generated” data (not already provided in Agreement products).  Need to document the Recipient’s disclosure of “subject inventions” developed under the Agreement.  “Surviving” Agreement provisions such as repayment provisions and confidential products.  Final invoicing and release of retention. • Prepare a Final Meeting Agreement Summary that documents any agreement made between the Recipient and Commission staff during the meeting.

  • Tolling Period If it becomes necessary or desirable for the Corporation to seek compliance with the provisions of Section 14.2 by legal proceedings, the period during which Grantee shall comply with said provisions will extend for a period of twelve (12) months from the date the Corporation institutes legal proceedings for injunctive or other relief.

  • Initial Meeting (a) The parties must meet within 10 Business Days after the date of delivery of the dispute notice and attempt to resolve the dispute. (b) Each party must use its best endeavors to resolve the dispute and act in good faith.

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