Common use of Emergency or Unexpected Expenditures Clause in Contracts

Emergency or Unexpected Expenditures. In case of an emergency, the Manager may take any reasonable action it deems necessary to protect life, limb or property, to protect the Assets or to comply with Laws. The Manager may also make reasonable expenditures for unexpected events that are beyond its reasonable control and that do not result from a breach by it of its standard of care in Section 5.4, subject to Section 5.5. The Manager shall promptly provide notice to the Members of the emergency or unexpected expenditure, and shall be reimbursed for all resulting costs by the Company, which costs shall be funded by the Members making additional Capital Contributions to the Company under Sections 3.3 and 3.4 in proportion to their respective Interests at the time the emergency or unexpected expenditures are incurred.

Emergency or Unexpected Expenditures. In case of an emergency, the Manager may take any reasonable action it deems necessary to protect life, limb or property, to protect the Assets or to comply with Laws. The Manager may also make reasonable expenditures for unexpected events that are beyond its reasonable control and that do not result from a breach by it of its standard of care in Section 5.4, subject to Section 5.5. The Manager shall will promptly provide notice to the Members of the emergency or unexpected expenditure, and shall will be reimbursed for all resulting costs by the Company, which costs shall will be funded by the Members making additional Capital Contributions to the Company under Sections Section 3.3 and 3.4 in proportion to their respective Interests at the time the emergency or unexpected expenditures are incurred, subject to the provisions of Section 3.4 and Section 3.5, as applicable.

Emergency or Unexpected Expenditures. In case of an emergency, the Manager may take any reasonable action it deems necessary to protect life, limb or property, to protect the Assets or to comply with Laws. The Manager may also make reasonable expenditures Expenditures for unexpected events that are beyond its reasonable control and that do not result from a breach by it of its standard of care in Section 5.4, subject to Section 5.5. The Manager shall promptly provide notice Notice to the Members of the emergency or unexpected expenditureExpenditure, and shall be reimbursed for all resulting costs by the Company, which costs shall be funded by the Members making additional Capital Contributions to the Company under Sections 3.3 3.4 and 3.4 3.5 in proportion to their respective Interests at the time the emergency or unexpected expenditures Expenditures are incurred.. Limited Liability Company Operating Agreement of Alaska Gold Torrent LLC: Page 33

Emergency or Unexpected Expenditures. In case of an emergency, the Manager may take any reasonable action it deems necessary to protect life, limb or property, to protect the Assets or to comply with Laws. The Manager may also make reasonable expenditures for unexpected events that are beyond its reasonable control and that do not result from a breach by it of its standard of care in Section 5.4, subject to Section 5.5. The Manager shall promptly provide notice to the Members of the emergency or unexpected expenditure, and shall be reimbursed for all resulting costs by the Company, which costs shall be funded by the Members making additional Capital Contributions to the Company under Sections clause (v) of Section 3.2(c) and Section 3.3 and 3.4 in proportion to their respective Interests at the time the emergency or unexpected expenditures are incurred.. <PAGE>

Emergency or Unexpected Expenditures. In case of an emergency, the Manager may take any reasonable action it deems necessary to protect life, limb or property, to protect the Assets or to comply with Lawslaw or government regulation. The Manager may also make reasonable expenditures for unexpected events that which are beyond its reasonable control and that which do not result from a breach by it of its standard of care in Section 5.4, subject to Section 5.5care. The Manager shall promptly provide notice to notify the Members ParticipantsMembers of the emergency or unexpected expenditure, and the Manager shall be reimbursed for all resulting costs by the CompanyParticipantsCompany, which costs cost shall be funded by the Members making additional Capital Contributions capital contributions to the Company under Sections 3.3 and 3.4 in proportion to their respective ParticipatingPercentage Interests at the time the emergency or unexpected expenditures are incurred.