Failure to Pay Other Costs. If the Default Declaration arises from the defaulting Party’s failure to pay costs hereunder other than Reclamation Costs, such as the costs of Reclamation Work and Reclamation A&G Expenses, such costs will be borne by the non- defaulting Parties in proportion to their Reclamation Shares, subject to all legal rights of non- defaulting Parties to require repayment of such costs from the defaulting Party.
Appears in 2 contracts
Samples: Reclamation and Trust Funds Agreement, Reclamation and Trust Funds Agreement
Failure to Pay Other Costs. If the Default Declaration arises from the defaulting Party’s failure to pay costs hereunder other than Reclamation Costs, such as the costs of the Reclamation Work and Reclamation A&G Expenses, such costs will be borne by the non- defaulting Parties in proportion to their Reclamation Shares, subject to all legal rights of non- defaulting Parties to require repayment of such costs from the defaulting Party.
Appears in 2 contracts
Samples: Reclamation and Trust Funds Agreement, Reclamation and Trust Funds Agreement
Failure to Pay Other Costs. If the Default Declaration arises from the defaulting defaulting Party’s failure to pay costs hereunder other than Reclamation Costs, such as the costs of the Reclamation Work and Reclamation A&G Expenses, such costs will be borne by the non- defaulting Parties in proportion to their Reclamation Shares, subject to all legal rights of non- defaulting Parties to require repayment of such costs from the defaulting Party.
Appears in 1 contract
Failure to Pay Other Costs. If the Default Declaration arises from the defaulting defaulting Party’s failure to pay costs hereunder other than Reclamation Costs, such as the costs of Reclamation Work and Reclamation A&G Expenses, such costs will be borne by the non- defaulting Parties in proportion to their Reclamation Shares, subject to all legal rights of non- defaulting Parties to require repayment of such costs from the defaulting Party.
Appears in 1 contract