Materials, Equipment and Supplies. The cost of materials, equipment and supplies (herein called “Material”) purchased from unaffiliated third parties or furnished by either Participant as provided in Section 3. The Manager shall purchase or furnish only so much Material as may be required for use in efficient and economical Operations. The Manager shall also maintain inventory levels of Materials at reasonable levels to avoid unnecessary accumulation of surplus stock.
Appears in 4 contracts
Samples: Venture Agreement (New Jersey Mining Co), Venture Agreement (New Jersey Mining Co), Venture Agreement (Miranda Gold Corp)
Materials, Equipment and Supplies. The cost of materials, equipment and supplies (herein called “"Material”") purchased from unaffiliated third parties or furnished by either Participant as provided in Section 3Paragraph 3.1. The Manager shall purchase or furnish only so much Material as may be required for immediate use in efficient and economical Operations. The Manager shall also maintain inventory levels of Materials Material at reasonable levels to avoid unnecessary accumulation of surplus stock.
Appears in 3 contracts
Samples: In Agreement (Entree Gold Inc), Equity Participation (Entree Gold Inc), In Agreement (Entree Gold Inc)
Materials, Equipment and Supplies. The cost of materials, equipment and supplies (herein called “"Material”") purchased from unaffiliated third parties or furnished by either Participant as provided in Section 3PARAGRAPH 3.1. The Manager shall purchase or furnish only so much Material as may be required for immediate use in efficient and economical Operations. The Manager shall also maintain inventory levels of Materials Material at reasonable levels to avoid unnecessary accumulation of surplus stock.
Appears in 2 contracts
Samples: Agreement (Gryphon Gold Corp), Agreement (Golden Phoenix Minerals Inc /Mn/)
Materials, Equipment and Supplies. The cost of materials, equipment and supplies (herein called “Material”) purchased from unaffiliated third parties or furnished by either Participant Member as provided in Section 3Paragraph 3.2. The Manager shall purchase or furnish only so much Material as may be required for immediate use in efficient and economical Operations. The Manager shall also maintain inventory levels of Materials Material at reasonable levels to avoid unnecessary accumulation of surplus stock.
Appears in 2 contracts
Samples: Limited Liability Company Operating Agreement (Thunder Mountain Gold Inc), Operating Agreement (Golden Phoenix Minerals Inc)
Materials, Equipment and Supplies. The cost of materials, equipment and supplies (herein called “Material”"Material ") purchased from unaffiliated third parties or furnished by either the Manager or any Participant as provided in Section Article 3. The Manager shall purchase or furnish only so much Material as may be required for immediate use in efficient and economical Operations. The Manager shall also maintain inventory levels of Materials Material at reasonable levels to avoid unnecessary accumulation of surplus in stock.
Appears in 2 contracts
Samples: Agreement, Agreement (Richmont Mines Inc)
Materials, Equipment and Supplies. The cost of materials, equipment and supplies (herein called “Material”) purchased from unaffiliated third parties or furnished by either Participant as provided in Section 3Paragraph 3.1. The Manager shall purchase or furnish only so much Material as may be required for use in efficient and economical Operations. The Manager shall also maintain inventory levels of Materials Material at reasonable levels to avoid unnecessary accumulation of surplus stock.
Appears in 1 contract
Samples: Operating Agreement (Thompson Creek Metals CO Inc.)
Materials, Equipment and Supplies. The cost of materials, equipment and --------------------------------- supplies (herein called “"Material”") purchased from unaffiliated third parties or furnished by either the Manager or any Participant as provided in Section 3Article III. The Manager shall purchase or furnish only so much Material as may be required for immediate use in efficient and economical Operations. The Manager shall also maintain inventory levels of Materials Material at reasonable levels to avoid unnecessary accumulation of surplus stock.
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Materials, Equipment and Supplies. The cost of materials, equipment and supplies (herein called “Material”) purchased from unaffiliated third parties or furnished by either Participant as provided in Section Paragraph 3. The Manager shall purchase or furnish only so much Material as may be required for use in efficient and economical Operations. The Manager shall also maintain inventory levels of Materials at reasonable levels to avoid unnecessary accumulation of surplus stock.
Appears in 1 contract
Samples: Option and Joint Venture Agreement
Materials, Equipment and Supplies. The cost of materials, equipment and supplies (herein called “Material”) purchased from unaffiliated third parties or furnished by either Participant the Manager or any Member as provided in Section 3. Article III of this Exhibit B. The Manager shall purchase or furnish only so much Material as may be required for immediate use in efficient and economical Operations. The Manager shall also maintain inventory levels of Materials Material at reasonable levels to avoid unnecessary accumulation of surplus stock.
Appears in 1 contract
Samples: Limited Liability Company Agreement (General Moly, Inc)
Materials, Equipment and Supplies. The cost of materials, equipment and supplies (herein called collectively “Material”) purchased from unaffiliated third parties or furnished by either Participant a Member as provided in Section 3C.2. The Manager shall purchase or furnish only so much Material as may be required for immediate use in efficient and economical Operations. The Manager shall also maintain inventory levels of Materials Material at reasonable levels to avoid unnecessary accumulation of surplus stock.
Appears in 1 contract
Materials, Equipment and Supplies. The cost of materials, equipment and supplies (herein called “"Material”") purchased from unaffiliated third parties or furnished by either Participant as provided in Section 3. The Manager shall purchase or furnish only so much Material as may be required for use in efficient and economical Operations. The Manager shall also maintain inventory levels of Materials at reasonable levels to avoid unnecessary accumulation of surplus stock.
Appears in 1 contract
Samples: Joint Venture Agreement (Revelstoke Industries, Inc.)
Materials, Equipment and Supplies. The cost of materials, equipment and supplies (herein called “"Material”") purchased from unaffiliated third parties or furnished by either the Manager or any Participant as provided in Section 3Article III. The Manager shall purchase or furnish only so much Material as may be required for immediate use in efficient and economical Operations. The Manager shall also maintain inventory levels of Materials Material at reasonable levels to avoid unnecessary accumulation of surplus stock.
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Materials, Equipment and Supplies. The cost of materials, equipment and supplies (herein called the “Material”) purchased from unaffiliated third parties or furnished by either Participant as the Manager or by its Affiliates and transferred to the Company; provided such Materials are specified in Section 3a Program and Budget or are necessary for the conduct of Operations in accordance therewith. The Manager shall purchase or furnish only so much Material as may be required for use in efficient and economical Operations. The Manager shall also commercially reasonable efforts to maintain inventory levels of Materials Material at reasonable levels to avoid unnecessary accumulation of surplus stockMaterial. Material shall be cost accounted as set out in Article 3 and Article 4.
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Materials, Equipment and Supplies. The cost of materials, equipment and supplies (herein called “Material”) purchased from unaffiliated third parties or furnished by either Participant as provided in Section 3Paragraph 3.1. The Manager shall purchase or furnish only so much Material as may be required for immediate use in efficient and economical Operations. The Manager shall also maintain inventory levels of Materials Material at reasonable levels to avoid unnecessary accumulation of surplus stock.
Appears in 1 contract
Materials, Equipment and Supplies. The cost of materials, equipment and supplies (herein called “"Material”") purchased from unaffiliated third parties or furnished by either Participant Member as provided in Section 3PARAGRAPH 3.2. The Manager ------------- shall purchase or furnish only so much Material as may be required for immediate use in efficient and economical Operations. The Manager shall also maintain inventory levels of Materials Material at reasonable levels to avoid unnecessary accumulation of surplus stock.
Appears in 1 contract
Samples: Members' Agreement (Battle Mountain Gold Exploration Corp.)
Materials, Equipment and Supplies. The cost of materials, equipment and supplies (herein called “Material”) purchased from unaffiliated third parties or furnished by either Participant the Manager or any Member as provided in Section 3Article III. The Manager shall purchase or furnish only so much Material as may be required for immediate use in efficient and economical Operations. The Manager shall also maintain inventory levels of Materials Material at reasonable levels to avoid unnecessary accumulation of surplus stock.
Appears in 1 contract
Samples: Limited Liability Company Operating Agreement (Gold Torrent Canada Inc)
Materials, Equipment and Supplies. The cost of materials, equipment and supplies (herein called “Material”) purchased from unaffiliated third parties or furnished by either Participant as provided in Section 3Paragraph 3.1. The Manager shall purchase or furnish only so much Material as may be required for immediate use in efficient and economical Operations. The Manager shall also maintain inventory levels of Materials Material at reasonable levels to avoid unnecessary accumulation of surplus stockstock or disruption of Operations.
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Materials, Equipment and Supplies. The cost of materials, equipment and supplies (herein called “"Material”") purchased from unaffiliated third parties or furnished by either Participant a Member as provided in Section 3. Paragraph 3.2 of this Exhibit B. The Manager shall purchase or furnish only so much Material as may be required for use in efficient and economical Operations. The Manager shall also maintain inventory levels of Materials Material at reasonable levels to avoid unnecessary accumulation of surplus stock.
Appears in 1 contract
Samples: Limited Liability Company Operating Agreement (Uranium Energy Corp)
Materials, Equipment and Supplies. The cost of materials, equipment and supplies (herein called “Material”) purchased from unaffiliated third parties or furnished by either Participant the Manager or any Member as provided in Section 3Article III. The Manager shall purchase or furnish only so much Material as may be required for immediate use in efficient and economical Operations. The Manager also shall also maintain inventory levels of Materials Material at reasonable levels to avoid unnecessary accumulation of surplus stock.
Appears in 1 contract
Samples: Limited Liability Company Agreement
Materials, Equipment and Supplies. The cost of materials, equipment and supplies (herein called “"Material”") purchased from unaffiliated third parties or furnished by either Participant the Manager or any Member as provided in Section 3Article III. The Manager shall purchase or furnish only so much Material as may be required for immediate use in efficient and economical Operations. The Manager shall also maintain inventory levels of Materials Material at reasonable levels to avoid unnecessary accumulation of surplus stock.
Appears in 1 contract
Samples: Limited Liability Company Operating Agreement (Solitario Exploration & Royalty Corp.)
Materials, Equipment and Supplies. The cost of materials, equipment and supplies (herein called “"Material”") purchased from unaffiliated third parties or furnished by either Participant as provided in Section 3. The Manager shall purchase or furnish only so much Material as may be required for use in efficient and economical Operations. The Manager shall also maintain inventory levels of Materials at reasonable levels to avoid unnecessary accumulation of surplus stock.
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Materials, Equipment and Supplies. The cost of materials, equipment and supplies (herein called “Material”) purchased from unaffiliated third parties or furnished by either Participant as provided in Section 3Paragraph 3.1. The Manager shall purchase or furnish only so much Material as may be required for use in to conduct efficient and economical Operations. The Manager shall also maintain inventory levels of Materials Material at reasonable levels to avoid unnecessary accumulation of surplus stock.
Appears in 1 contract
Materials, Equipment and Supplies. The cost of materials, equipment and supplies (herein called “Material”) purchased from unaffiliated third parties or furnished by either Participant the Manager or any Member as provided in Section 3Article III. The Manager shall purchase or furnish only so much Material as may be required for immediate use in efficient and economical Operations. The Manager shall also maintain inventory levels of Materials Material at reasonable levels to avoid unnecessary accumulation of surplus stock.
Appears in 1 contract
Samples: Limited Liability Company Agreement
Materials, Equipment and Supplies. The cost of materials, equipment and supplies (herein called "“Material"”) purchased from unaffiliated third parties or furnished by either Participant the Manager or any ParticipantMember as provided in Section 3Article III. The Manager shall purchase or furnish only so much Material as may be required for immediate use in efficient and economical Operations. The Manager shall also maintain inventory levels of Materials Material at reasonable levels to avoid unnecessary accumulation of surplus stock.
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Materials, Equipment and Supplies. The cost of materials, equipment and supplies (herein called “collectively "Material”") purchased from unaffiliated third parties or furnished by either Participant a Member as provided in Section 3C.2. The Manager shall purchase or furnish only so much Material as may be required for immediate use in efficient and economical Operations. The Manager shall also maintain inventory levels of Materials Material at reasonable levels to avoid unnecessary accumulation of surplus stock.
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