GRANT OF RIGHT TO CONDUCT ABOVE-GROUND MINING ACTIVITIES AND LEASE OF MINING PROPERTIES Sample Clauses

GRANT OF RIGHT TO CONDUCT ABOVE-GROUND MINING ACTIVITIES AND LEASE OF MINING PROPERTIES. Subject to and in accordance with the provisions of this Agreement, including Section 4 below, KEM hereby grants to EMMR, at EMMR’s expense (which shall include the payment of any rent, royalty or other amounts that may be due to the U.S. Department of Interior and/or State of California, the sole and exclusive right to conduct Above-Ground Mining Activities for Materials and the use of Above-Ground Mining Rights on the Mining Properties and hereby leases to EMMR the Mining Properties for such purposes. The use and lease of the Operations Area and the Rock Areas shall be exclusive to EMMR except with respect to the conduct of Above-Ground Mining Activities pursuant to KEM’s reserved rights to conduct Above-Ground Mining Activities for the Project as provided in Section 4 below. The lease and use of the Tailings Area shall be exclusive to EMMR except for the location of and use of contemplated Project related facilities and subject to KEM’s reserved rights to conduct Above-Ground Mining Activities for the Project on the Tailings Area for Fine Tailings as provided in Section 4 below. In addition, KEM hereby grants to EMMR a revocable license to conduct Above-Ground Mining Activities for the Coarse Tailings located in or near the East Pit that are located outside of the Mining Properties; provided, that (a) such Above-Ground Mining Activities outside of the Mining Properties in or near the East Pit are conducted pursuant to a Mining Plan and could not reasonably be expected to result in Project Interference and (b) in all events, KEM may terminate any Above-Ground Mining Activities being undertaken by EMMR outside the Mining Properties in or near the East Pit, upon no less than ninety (90) days advance written notice to EMMR. Notwithstanding the forgoing, subject to and in accordance with Section 4 below, KEM reserves the right to conduct any mining activities on the Mining Properties except for the Coarse Tailings on the Tailings Area for the use of Materials for use in the Project so long as KEM shall not sell or dispose of Materials to third parties.
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