Mining Claims. All interests in mining claims, concessions, exploitation or extraction rights or similar rights comprising the Material Properties (“Mining Claims”) are in good standing, are valid and enforceable, are free and clear of any material Encumbrances, except as could not reasonably be expected to have a Material Adverse Effect, and no royalty is payable in respect of any of them, except as disclosed in the Registration Statement and the Prospectuses; except as disclosed in the Registration Statement and the Prospectuses, there are no material restrictions on the ability of the Company and its Material Subsidiaries to use, transfer or otherwise exploit any such property rights except as required by applicable law; except as disclosed in the Registration Statement and the Prospectuses, the Mining Claims held by the Company or its Material Subsidiaries cover the Material Properties required by the Company for the purposes described therein.
Appears in 3 contracts
Samples: Equity Distribution Agreement, Equity Distribution Agreement (GoldMining Inc.), Equity Distribution Agreement (GoldMining Inc.)
Mining Claims. All interests in material mining claims, concessions, exploitation or extraction extraction rights or similar rights comprising the Material Properties (“Mining Claims”) that are held by the Company or any of its Material Subsidiaries are in good standing, are valid and enforceable, are free and clear of any material Encumbrances, except as could not reasonably be expected to have a Material Adverse Effectmaterial Liens, and no material royalty is payable in respect of any of them, them, except as disclosed in the Registration Statement and the ProspectusesDisclosure Package; except except as disclosed in the Registration Statement Disclosure Package, no other material property rights are necessary for the conduct of the Company’s business as described therein, and the Prospectuses, there are no material restrictions on the ability of the Company and its Material Material Subsidiaries to use, transfer or otherwise exploit any such property rights except as required required by applicable law; except as disclosed in the Registration Statement and the ProspectusesDisclosure Package, the Mining Claims held by the Company or its Material Subsidiaries cover cover the Material Properties properties required by the Company for the purposes described therein.therein.
Appears in 1 contract
Mining Claims. All interests in mining claims, concessions, exploitation or extraction rights or similar rights comprising the Material Properties (“Mining Claims”) are in good standing, are valid and enforceable, are free and clear of any material Encumbrances, except as could not reasonably be expected to have a Material Adverse Effect, and no royalty is payable in respect of any of them, except as disclosed in the Registration Statement and the Prospectuses; except as disclosed in the Registration Statement and the Prospectuses, there are no material restrictions on the ability of the Company and its Material Subsidiaries to use, transfer or otherwise exploit any such property rights except as required by applicable law; except as disclosed in the Registration Statement and the Prospectuses, the Mining Claims held by the Company or its Material Subsidiaries cover the Material Properties required by the Company for the purposes described therein.
Appears in 1 contract