Mineral Rights Sample Clauses

Mineral Rights. It is agreed and understood that all rights under the soil, including but not limited to water, gas, oil, and mineral rights shall be transferred by the Seller to the Buyer at Closing.

Mineral Rights. (check if applicable X ) The Buyer will receive and Seller will convey all of Seller’s water, oil, gas, coal and other mineral rights not conveyed of record, and shall execute an appropriate assignment of any existing leases or contracts relating to those rights.

Mineral Rights. One hundred percent (100%) of the mineral rights owned by Seller with respect to the Property, if any, shall be conveyed to Purchaser at closing.

Mineral Rights. City expressly reserves all water, gas, oil and mineral rights in and under the soil beneath the Premises, but testing for and/or removal of any such gas, oil, or minerals shall be done in a manner so as not to disturb the Premises or disrupt the operation of the business being conducted thereon.

Mineral Rights. All gas, oil and mineral rights in and under the soil.

Mineral Rights. The Owner reserves all rights to any minerals on or underlying the farm.

Mineral Rights. (a) Schedule 3.1.35 of the Silvermex Disclosure Letter provides a complete list and description of all of the Mineral Rights of Silvermex and each of the Silvermex Subsidiaries. (b) Silvermex or one of the Silvermex Subsidiaries is the sole legal and beneficial owner of all right, title and interest to the Mineral Rights set out in Schedule 3.1.35 of the Silvermex Disclosure Letter, free and clear of any Encumbrances. (c) Silvermex and each of the Silvermex Subsidiaries has conducted and is conducting its respective Business in accordance with good mining industry practices and in compliance with all applicable Laws, and, in particular, all applicable licensing and Environmental Laws or other lawful requirements of any Governmental Entities applicable to it in each jurisdiction in which it carries on Business. (d) The Mineral Rights of Silvermex and each of the Silvermex Subsidiaries have been properly located and recorded in compliance with applicable Law and are comprised of valid and subsisting mineral claims. (e) To the best of Silvermex’s knowledge, the Mineral Rights set out in Schedule 3.1.35 of the Silvermex Disclosure Letter are in good standing under applicable Law and all work required to be performed and filed in respect thereof has been performed and filed, all Taxes, royalties, rentals, fees, expenditures and other payments in respect thereof have been paid or incurred and all filings in respect thereof will at the Effective Time have been made. (f) The Mineral Rights of Silvermex and each of the Silvermex Subsidiaries have been operated and maintained in a manner consistent with prudent practices in the mining industry and in compliance with all applicable Laws and all orders of all Governmental Entities having jurisdiction over the same. (g) Neither Silvermex nor any of the Silvermex Subsidiaries has elected or refused to participate in any exploration, development or other operations with respect to its Mineral Rights which has or may give rise to any penalties, forfeitures or reduction of its interest by virtue of any conversion or other alteration occurring under the title and operating documents which govern Silvermex's or the Silvermex Subsidiaries' Mineral Rights. (h) No Interested Person or any party not at arm's length to Silvermex or any Silvermex Subsidiary owns, has or is entitled to any royalty, net profits interest, carried interest or other Encumbrance of any nature whatsoever which is based on production from its properties o...

Mineral Rights. All of Xxxxx’x mineral interests and rights with respect to its mineral properties, including any material mining claims, concessions, exploration licences, exploitation licences, prospecting permits, mining leases and mining rights, in each case, either existing under contract, by operation of Law, have been disclosed to Voleo (the “Xxxxx Mineral Rights”). Other than the Xxxxx Mineral Rights, Xxxxx does not own or have any interest in any material mineral interests. Other than as disclosed to Voleo in writing or as disclosed in the Xxxxx Public Documents: (i) Xxxxx or one of the Xxxxx Subsidiaries is the legal and beneficial owner of all right, title and interest in and to the Xxxxx Mineral Rights, free and clear of any Liens. (ii) All of the Xxxxx Mineral Rights have been properly located and recorded in compliance with applicable Law and are comprised of valid and subsisting mineral claims or mining leases. (iii) The Xxxxx Mineral Rights are in good standing under applicable Law and, to the knowledge of Xxxxx, all work required to be performed and filed in respect thereof has been performed and filed, all Taxes, rentals, fees, expenditures and other payments in respect thereof have been paid or incurred and all filings in respect thereof have been made. (iv) To the knowledge of Xxxxx, there is no material adverse claim against or challenge to the title to or ownership of the Xxxxx Mineral Rights. (v) No Person other than Xxxxx or a Xxxxx Subsidiary has any interest in the Xxxxx Mineral Rights or the production or profits therefrom or any royalty in respect thereof or any right to acquire any such interest. (vi) There are no back-in rights, earn-in rights, rights of first refusal or similar provisions or rights which would affect Xxxxx’x interest in the Xxxxx Mineral Rights. (vii) There are no material restrictions on the ability of Xxxxx or its Subsidiaries to use, transfer or exploit the Xxxxx Mineral Rights, except pursuant to applicable Law. (viii) Xxxxx or its Subsidiaries have all surface rights, including fee simple estates, leases, easements, rights of way and permits or licences operations from landowners or Governmental Entities permitting the use of land by Xxxxx or its Subsidiaries, and mineral interests that are required to explore the Xxxxx Mineral Rights as contemplated in Xxxxx Public Documents filed (and available on SEDAR) on or before the date hereof and no third party or group holds any such rights that would be required by Xxxxx to e...

Mineral Rights. Do you own mineral rights? Unknown Yes No 1. Features of the property shared in common with the adjoining landowners, such as walls, fences, roads and driveways, or other features whose use or responsibility for maintenance may have an effect on the property? Unknown Yes No 2. Any encroachments, easements, zoning violations or nonconforming uses? Unknown Yes No 3. Any “ common areas” (facilities like pools, tennis courts, walkways, or other areas co-owned with others) or homeowners association that has any authority over the property? Unknown Yes No 4. Structural modifications, alterations, or repairs made without necessary or licensed contractor? Unknown Yes No 5. Settling, flooding, drainage, structural or grading problems? Unknown Yes No 6. Major damage to the property from fire, wind, floods or landslides? Unknown Yes No 7. Any underground storage tanks? Unknown Yes No 8. Farm or farm operation in the vicinity; or proximity to a landfill, airport, shooting range, etc.? Unknown

Mineral Rights. The BUYER will receive, and SELLER will convey all of SELLER’S water, oil, gas, coal and other mineral rights and shall execute an appropriate assignment of any existing leases or contracts relating to those rights.