Common use of Examination of Title Documents Clause in Contracts

Examination of Title Documents. Promptly after execution of this Agreement, Owner shall deliver to Lessee copies of all certificates of location, affidavits of annual assessment work and any other documents bearing upon Owner’s title, interest, or ownership in the Property. Lessee may then undertake such further investigation of the title and status of the claims as Lessee shall deem necessary. If that investigation should reveal defects in the title, Owner agrees to proceed forthwith to cure said title defects to the satisfaction of Lessee; and in the event Owner should not do so, Lessee may cure such title defects and deduct the expense incurred, including reasonable attorney’s fees, from any payment to be made hereunder.

Appears in 3 contracts

Samples: Mining Lease (Gold Run Inc.), Mining Lease – CVN Claims (Gold Run Inc.), Mining Lease – Hc Claims (Gold Run Inc.)

AutoNDA by SimpleDocs

Examination of Title Documents. Promptly after execution of this AgreementAgree­ment, Owner shall deliver to Lessee copies of all certificates of location, affidavits of annual assessment work maintenance fee receipts, and any other documents bearing upon Owner’s 's title, interest, or ownership in the Property. Lessee may then undertake such further investigation of the title and status of the claims as Lessee shall deem necessary. If that investigation should reveal defects in the title, Owner agrees to proceed forthwith to cure said title defects to the satisfaction of Lessee; and in the event Owner it should not do so, Lessee may cure such title defects and deduct the expense incurred, including reasonable attorney’s 's fees, from any payment to be made hereunder. The deduction in each year may not exceed one-half of the advance minimum royalty payable to Owner.

Appears in 2 contracts

Samples: Mining Lease (MAGELLAN GOLD Corp), Mining Lease (MAGELLAN GOLD Corp)

AutoNDA by SimpleDocs

Examination of Title Documents. Promptly after execution of this Agreement, Owner shall deliver to Lessee copies of all certificates of location, affidavits of annual assessment work and any other documents bearing upon Owner’s 's title, interest, or ownership in the Property. Lessee may then undertake such further investigation of the title and status of the claims as Lessee shall deem necessary. If that investigation should reveal defects in the title, Owner agrees to proceed forthwith to cure said title defects to the satisfaction of Lessee; and in the event Owner should not do so, Lessee may cure such title defects and deduct the expense incurred, including reasonable attorney’s 's fees, from any payment to be made hereunder.

Appears in 1 contract

Samples: Mining Lease (Little Squaw Gold Mining Co)

Time is Money Join Law Insider Premium to draft better contracts faster.