Common use of Indemnitor Responsibilities Clause in Contracts

Indemnitor Responsibilities. (a) The Indemnitor Parties are solely responsible and liable for all Mining Operations at the Mines, and an Indemnitor Party shall at all times be the operator under applicable Laws. No Indemnified Party is, or shall be considered to be, an operator under applicable Laws or otherwise involved in any Mining Operations at the Mines. The Indemnitors shall not, and shall cause the Indemnitor Parties not to, bring any Claim against any one or more of the Indemnified Parties alleging that any one or more of such Indemnified Parties is an operator of the Mines based on any activities undertaken by one or more of the Indemnified Parties pursuant to these Operating Parameters and Indemnity, or under applicable Laws.

Appears in 2 contracts

Samples: Asset Purchase Agreement (JR Resources Corp.), Option Agreement (Dakota Territory Resource Corp)

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Indemnitor Responsibilities. (a) The Indemnitor Parties are solely responsible and liable for all Mining Operations at the MinesMine, and an Indemnitor Party shall at all times be the operator under applicable Laws. No Indemnified Party is, or shall be considered to be, an operator under applicable Laws or otherwise involved in any Mining Operations at the MinesMine. The Indemnitors shall not, and shall cause the Indemnitor Parties not to, bring any Claim against any one or more of the Indemnified Parties alleging that any one or more of such Indemnified Parties is an operator of the Mines Mine based on any activities undertaken by one or more of the Indemnified Parties pursuant to these Operating Parameters and Indemnity, or under applicable Laws.

Appears in 2 contracts

Samples: Joint Venture Agreement (JR Resources Corp.), Joint Venture Agreement (Dakota Territory Resource Corp)

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