Common use of Interest in Properties Clause in Contracts

Interest in Properties. (i) Each of the Purchaser and its subsidiaries has valid and sufficient right, title and interest free and clear of any Lien (other than Permitted Liens) in and to the following (collectively, the "Purchaser Properties"): (A) its unpatented and patented lode mining claims, leases and licences of any nature whatsoever and all other rights relating in any manner whatsoever to the interest in, or exploration for minerals on, the Purchaser Properties, and, in each case, as are necessary to perform the operations of the Purchaser and each of its subsidiaries businesses as presently owned and conducted; (B) its real property interests of any nature whatsoever including fee simple estate of and in real property, licences (from landowners and authorities permitting the use of land by the Purchaser or any of its subsidiaries), leases, rights of way, occupancy rights, surface rights, mineral rights, easements and all other real property interests, and, in each case, as are necessary to perform the operations of its business as presently owned and conducted; and (C) all of its properties and assets of any nature whatsoever and to all benefits derived therefrom and mineral rights, including all the properties (including, without limitation, the Purchaser Material Property) and assets reflected in the balance sheet forming part of the Purchaser Public Disclosure Record, in each case, as are necessary to perform the operations of its business as presently owned and conducted;

Appears in 2 contracts

Samples: Arrangement Agreement (Integra Resources Corp.), Arrangement Agreement (Integra Resources Corp.)

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Interest in Properties. (i) Each of the Purchaser Company and its subsidiaries is the sole legal and beneficial owner, and has valid and sufficient right, title and interest free and clear of any Lien (other than Permitted Liens) in and to the following (collectively, the "Purchaser Properties"): (A) to its Permits, patented and unpatented and patented lode mining claims (excepting the paramount title of the United States Government in unpatented mining claims), leases and leases, licences of any nature whatsoever and all other rights relating in any manner whatsoever to the interest in, or exploration for minerals on, on the Purchaser Company Properties, all of which have been accurately and completely set out in Section 3.1(u) of the Company Disclosure Letter and, in each case, as are necessary to perform the operations of the Purchaser Company and each of its subsidiaries businesses as presently owned and conducted; (B) to its real property interests of any nature whatsoever including fee simple estate of and in real property, licences (from landowners and authorities permitting the use of land by the Purchaser Company or any of its subsidiaries), leases, rights of way, occupancy rights, surface rights, mineral rights, easements, water rights, water permits, well permits, ditch rights, pipeline easements and rights of way and all other real property interests, all of which have been identified completely and accurately in Section 3.1(u) of the Company Disclosure Letter, and, in each case, as are necessary to perform the operations of its business as presently owned and conducted and contemplated to be conducted; and (C) to, or is entitled to the benefits of, all of its properties and assets of any nature whatsoever and to all benefits derived therefrom and surface and mineral rights, rights including all the properties (including, without limitation, the Purchaser Company Material Property) and assets reflected in the balance sheet forming part of the Purchaser Company Public Disclosure RecordRecord (collectively, in each case, as are necessary to perform the operations of its business as presently owned and conducted;“Company Properties”).

Appears in 1 contract

Samples: Arrangement Agreement (Gold Standard Ventures Corp.)

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Interest in Properties. (i) Each of the Purchaser and its subsidiaries is the sole legal and beneficial owner, and has valid and sufficient right, title and interest free and clear of any Lien (other than Permitted Liens) in and to the following (collectively, the "Purchaser Properties"): (A) to its unpatented and patented lode mining Permits, concessions, claims, leases and licences leases, licences, options of any nature whatsoever and all other rights relating in any manner whatsoever to the interest in, or exploration for minerals on, on the Purchaser Properties, Properties and, in each case, as are necessary to perform the operations of the Purchaser and each of its subsidiaries businesses as presently owned and conducted and as contemplated to be conducted; (B) to its real property interests of any nature whatsoever including fee simple estate of and in real property, licences (from landowners and authorities permitting the use of land by the Purchaser or any of its subsidiaries), leases, options, rights of way, occupancy rights, surface rights, mineral rights, easements, water rights, water permits, well permits, ditch rights, pipeline easements and rights of way and all other real property interests, and, in each case, as are necessary to perform the operations of its business as presently owned and conducted and contemplated to be conducted; and (C) to, or is entitled to the benefits of, all of its material properties and assets of any nature whatsoever and to all benefits derived therefrom and surface and mineral rights, rights including all the material properties (including, without limitation, the Purchaser Material Property) and assets reflected in the balance sheet forming part of the Purchaser Public Disclosure RecordRecord (collectively, in each case, as are necessary to perform the operations of its business as presently owned and conducted;“Purchaser Properties”).

Appears in 1 contract

Samples: Arrangement Agreement

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