Common use of Maintenance of the Property Clause in Contracts

Maintenance of the Property. Owners shall make all payments of Taxes, royalties, land-holding costs, claim maintenance and similar fees, lease payments and other payments that become due during the Option Period and that are required for Owners to maintain its interest in the Property.

Appears in 2 contracts

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

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Maintenance of the Property. Owners Owner shall make all payments of Taxes, royalties, land-holding costs, claim maintenance and similar fees, lease payments and other payments that become due during the Option Period and that are required for Owners Owner to maintain its interest in the Property.

Appears in 2 contracts

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

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