Mining Title. AMERALEX is the sole titleholder of the mining concession contract FFB-081 signed with INGEOMINAS, on July 27, 2006, that authorizes the work of exploration and exploitation of coal deposits, registered in the National Mining Register on the date, twenty forth (24) of May, 2007, in an area of one thousand five hundred and fifty hectares (1,550 Ha), located in the jurisdiction of the Municipalities of Boavita and La Uvita, Department of Boyacá, Republic of Colombia, determined by the coordinates established in the Second Clause of the cited Concession contract, which will be attached forming an integral part of the current contract (Annex 4) and that is currently in the second year of construction and assembly stage.
Mining Title. Applying customary standards in the Canadian mining industry, Xtierra and each of its Subsidiaries has sufficient title, clear of any title defect or encumbrance, to its operating properties and properties with estimated proven and probable mineral reserves and/or estimated mineral resources (other than property to which it is lessee, in which case it has a valid leasehold interest) and has good and sufficient title to the real property interests including, without limitation, fee simple estate of and in real property, leases, easements, rights of way, permits or licences from landowners or authorities permitting the use of land by Xtierra or any of its subsidiaries necessary to permit the operation of its business as presently owned and conducted. Subject to subparagraph (q) above, Xtierra and each of its subsidiaries holds all mineral rights required to continue its business and operations as currently conducted and as proposed to be conducted as set forth in the disclosure record. All mineral rights held by Xtierra and each of its subsidiaries are free and clear of all encumbrances and royalty burdens, and none of such mineral rights are subject to reduction by reference to mine payout or otherwise except for those created in the ordinary course of business;
Mining Title. An Exploration Permit, or a Mining Concession, granted pursuant to this Convention to Contractor as referred to in Law n° 64/LF/3 of 6 April 1964. Both Associated and Non-Associated Gas and all its constituent elements. The amount due by the Republic of Cameroon to Contractor to ensure the Contractor actually receives its share of Rente Miniere as guaranteed in the Convention. Natural Gas other than Associated Gas. A Party who is not Operator. A committee of the Parties, as defined in Article 6 of this Contract. The Party designated as such in accordance with Article 7 hereof The percentage according to which the Parties divide the hydrocarbon production obtained within the scope of Joint Operations.
Mining Title. Mr. XXXXX XXXXXXXX XXXXXX XXXXXXX is the only holder of the mining concession contract ECB-121 and EAU-131, who authorizes exploration and exploitation works of Mineral Coal Deposits registered at the National Mining Register determined by the coordinates established in the clauses of the said Concession contract, which are attached and are integral part of this contract.
Mining Title. Mx. XXXX XXXXXXX FLOREZ AND OMEGA ENERGY COLOMBIA are the only holders of mining concession contracts FCF – 142, who authorizes exploration and exploitation works of Mineral Coal Deposits registered at the National Mining Register on the 20th day of April 2006 for an area of one thousand nine hundred hectares (1,99 Ha [sic]) located under jurisdiction of the Municipalities of Otanche and Bolivar, States of Boyaca and Santander, determined by the coordinates established in the clauses of the said Concession contract, which are attached and are integral part of this contract. Second: Statements: Mx. XXXX XXXXXXX FLOREZ AND OMEGA ENERGY COLOMBIA state that: i) at the moment of signature of this agreement, the surface canon payments have been made at the Mining Authority, and that the environmental mining policies have been taken for mining concession contract FCF - 142 as required by law in order to keep valid and to fulfill the obligations of the concessionary. ii) That they are up to date before the Mining Authority for the above mentioned obligations and iii) that they have begun at the Mining Authority the procedures for the Work Plan for contract FCF - 142. LXXX XXXXXXX XXXXXX and OMEGA ENERGY COLOMBIA also guarantee the following:
a) That the titles FCF - 142have been obtained and preserved in a legally valid way following applicable legislation.
b) The title holders make themselves responsible for every obligation that may arise before State Authorities for environmental and tax reasons at the Municipal, State and National levels or for any claims of third parties, whether public or private, for facts occurring before the immediate beginning date of exploration on the part of ENERGIA ANDINA SANTANDER RESOURCES SAS, which will assume them starting on said date, and until termination of this agreement.
c) That the title holders engage themselves to deliver to ENERGIA ANDINA SANTANDER RESOURCES SAS all information they have to date concerning the Working Plan and geological studies carried out on the area object of assignment, so that ENERGIA ANDINA SANTANDER RESOURCES SAS may carry out the activities related which are required in order to fulfill the obligations derived from this contract.
d) As long as the title holders don’t hand over the totality of the rights derived from mining contract FCF - 142, they will continue being responsible before the Mining Authorities for all economic, technical and legal obligations derived from the contract in order to...
Mining Title. Other than as set out in Schedule 5.1(l), applying customary standards in the Canadian mining industry, Molimentales has sufficient title, clear of any title defect or encumbrance, to its operating properties and properties with estimated proven and probable mineral reserves and/or estimated mineral resources (other than property to which it is lessee, in which case it has a valid leasehold interest) and has good and sufficient title to the real property interests including, without limitation, fee simple estate of and in real property, leases, easements, rights of way, permits or licences from landowners or authorities permitting the use of land by Molimentales necessary to permit the operation of its business as presently owned and conducted. Molimentales holds all mineral rights required to continue its business and operations as currently conducted and as proposed to be conducted as set forth in Schedule 5.1(l). All mineral rights held by Molimentales are free and clear of all Liens and royalty burdens, and none of such mineral rights are subject to reduction by reference to mine payout or otherwise except for those created in the ordinary course of business.
Mining Title. Other than as set out in Schedule 5.1(l), applying customary standards in the Canadian mining industry, each of Molimentales and Xxxxxx Xxxxx has sufficient title, clear of any title defect or encumbrance, to its operating properties and properties with estimated proven and probable mineral reserves and/or estimated mineral resources (other than property to which it is lessee, in which case it has a valid leasehold interest) and has good and sufficient title to the real property interests including, without limitation, fee simple estate of and in real property, leases, easements, rights of way, permits or licences from landowners or authorities permitting the use of land by Molimentales or Xxxxxx Xxxxx (as the case may be) necessary to permit the operation of its business as presently owned and conducted. Each of Molimentales and Xxxxxx Xxxxx (as the case may be) holds all mineral rights required to continue its business and operations as currently conducted and as proposed to be conducted as set forth in Schedule 5.1(l). All mineral rights held by Molimentales or Xxxxxx Xxxxx (as the case may be) are free and clear of all Liens and royalty burdens, and none of such mineral rights are subject to reduction by reference to mine payout or otherwise except for those created in the ordinary course of business.
Mining Title. The Company and each of its subsidiaries has, except as set forth in the Disclosure Documents, sufficient title, clear of any title defect or encumbrance, to its properties in respect of which the Company reports estimated mineral resources (other than property to which it is lessee, in which case it has a valid leasehold interest) and has good and sufficient title to the real property interests including, without limitation, fee simple estate of and in real property, leases, easements, rights of way, permits or licences from landowners or authorities permitting the use of land by the Company or any of its subsidiaries necessary to permit the operation of its business as presently owned and conducted. The Company and each of its subsidiaries hold all mineral rights required to continue its business and operations as currently conducted and as proposed to be conducted as set forth in the Disclosure Documents. All mineral rights held by the Company and each applicable subsidiary are free and clear of all material encumbrances. To the best knowledge of the officers of the Company, after making due enquiry, the Company and each of its subsidiaries are current with respect to payment of all taxes and property holding fees;
