Joint Loss of Title. Any failure or loss of title to the Assets, and all costs of defending title, shall be charged to the Joint Account, except that all costs and losses arising out of or resulting from breach of the representations and warranties of a Participant shall be charged to that Participant.
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Samples: Joint Venture Agreement (Stirrup Creek Gold LTD), Operating Agreement (Hecla Mining Co/De/), Joint Venture Agreement (Stirrup Creek Gold LTD)
Joint Loss of Title. Any failure or loss of title to the Assets, and all costs of defending title, shall be charged to the Joint Account, except that all such costs and losses arising out of or resulting from breach of the representations and warranties of a the Contributing Participant as to the Properties it contributed shall be charged to that Participant.
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