Common use of Inspection of Accounts Clause in Contracts

Inspection of Accounts. Lessee agrees to keep accurate books of account reflecting the mining operations on the Property, and Owner shall have the right, either personally or through a qualified accountant of Owner’s choice and at Owner’s cost, to examine and inspect the books and records of Lessee pertaining to the mining, milling and shipping operations of Lessee. Owner shall contact Lessee in advance of any inspection to arrange a mutually convenient time. All inspections shall be conducted at Lessee’s place of business or, if the accounts are maintained elsewhere, at such other location. Owner may not inspect Lessee’s accounts more often than four times per year.

Appears in 2 contracts

Samples: Mining Lease (Miranda Gold Corp), Mining Lease (Miranda Gold Corp)

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Inspection of Accounts. So long as Owners possess an interest in the Property, Lessee agrees to keep accurate books of account reflecting the mining operations on the Property, and Owner Owners shall have the right, either personally or through a qualified accountant of Owner’s their choice and at Owner’s their cost, to examine and inspect the books and records of Lessee pertaining to the mining, milling and shipping operations of Lessee. Owner Owners shall contact Lessee in advance of any inspection to arrange a mutually convenient time. All inspections shall be conducted at Lessee’s place of business or, if the accounts are maintained elsewhere, at such other location. Owner Owners may not inspect Lessee’s accounts more often than four times per year.

Appears in 1 contract

Samples: Mining Lease With Option to Purchase (Piedmont Mining Company, Inc.)

Inspection of Accounts. So long as Owner possesses an interest in the Property, Lessee agrees to keep accurate books of account reflecting the mining operations on the Property, and Owner shall have the right, either personally or through a qualified accountant of Owner’s its choice and at Owner’s its cost, to examine and inspect the books and records of Lessee pertaining to the mining, milling and shipping operations of Lessee. Owner shall contact Lessee in advance of any inspection to arrange a mutually convenient time. All inspections shall be conducted at LesseeOwner’s place of business or, if the accounts are maintained elsewhere, at such other location. Owner may not inspect Lessee’s accounts more often than four times per year.

Appears in 1 contract

Samples: Mining Lease With Option to Purchase (Miranda Gold Corp)

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Inspection of Accounts. So long as Owner possesses an interest in the Property, Lessee agrees to keep accurate books of account reflecting the mining operations on the Property, and Owner shall have the right, either personally or through a qualified accountant of Owner’s his choice and at Owner’s his cost, to examine and inspect the books and records of Lessee pertaining to the mining, milling and shipping operations of Lessee. Owner shall contact Lessee in advance of any inspection to arrange a mutually convenient time. All inspections shall be conducted at Lessee’s place of business or, if the accounts are maintained elsewhere, at such other location. Owner may not inspect Lessee’s accounts more often than four times per year.

Appears in 1 contract

Samples: Exploration Agreement With Option for Joint Venture (Luna Gold Corp)

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