Common use of Modification of Operating Parameters Clause in Contracts

Modification of Operating Parameters. Subject to the Grantor Regulatory Rights and the Indemnitor Parties’ compliance with their obligations relating to the Permit Modification Notice and the Inspection Rights, the Indemnitor Party conducting Mining Operations at the Mines may apply for additional Permits, or seek approval to modify or amend the Operating Permits, from Government Authorities having jurisdiction over the Mining Operations at the Mines (the “Permit Modifications”); provided that the Administrative Agent shall provide the Grantor not less than 30 days’ written notice (the “Permit Modification Notice”) prior to the submission of any request for Permit Modifications, which Permit Modification Notice shall include a copy of the proposed submission(s) to the relevant Governmental Authorities requesting approval of the Permit Modifications.

Appears in 1 contract

Samples: Option Agreement (JR Resources Corp.)

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Modification of Operating Parameters. Subject to the Grantor Regulatory Rights and the Indemnitor Parties' compliance with their obligations relating to the Permit Modification Notice and the Inspection Rights, the Indemnitor Party conducting Mining Operations at the Mines may apply for additional Permits, or seek approval to modify or amend the Operating Permits, from Government Authorities having jurisdiction over the Mining Operations at the Mines (the "Permit Modifications"); provided that the Administrative Agent shall provide the Grantor not less than 30 days' written notice (the "Permit Modification Notice") prior to the submission of any request for Permit Modifications, which Permit Modification Notice shall include a copy of the proposed submission(s) to the relevant Governmental Authorities requesting approval of the Permit Modifications.

Appears in 1 contract

Samples: Option Agreement (Dakota Territory Resource Corp)

Modification of Operating Parameters. Subject to Section 2.2(b)(iv), and to the Grantor Regulatory Rights and the Indemnitor Parties’ compliance with their obligations relating to the Permit Modification Notice and the Inspection Rights, the Indemnitor Party conducting Mining Operations at the Mines Mine may apply for additional Permits, or seek approval to modify or amend the Operating Permits, from Government Authorities having jurisdiction over the Mining Operations at the Mines Mine (the “Permit Modifications”); provided that the Grantee Administrative Agent shall provide the Grantor Administrative Agent not less than 30 days’ written notice (the “Permit Modification Notice”) prior to the submission of any request for Permit Modifications, which Permit Modification Notice shall include a copy of the proposed submission(s) to the relevant Governmental Authorities requesting approval of the Permit Modifications.

Appears in 1 contract

Samples: Option Agreement for Purchase and Sale of Real Property (JR Resources Corp.)

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Modification of Operating Parameters. Subject to Section 2.2(b)(iv), and to the Grantor Regulatory Rights and the Indemnitor Parties' compliance with their obligations relating to the Permit Modification Notice and the Inspection Rights, the Indemnitor Party conducting Mining Operations at the Mines Mine may apply for additional Permits, or seek approval to modify or amend the Operating Permits, from Government Authorities having jurisdiction over the Mining Operations at the Mines Mine (the "Permit Modifications"); provided that the Grantee Administrative Agent shall provide the Grantor Administrative Agent not less than 30 days' written notice (the "Permit Modification Notice") prior to the submission of any request for Permit Modifications, which Permit Modification Notice shall include a copy of the proposed submission(s) to the relevant Governmental Authorities requesting approval of the Permit Modifications.

Appears in 1 contract

Samples: Option Agreement for Purchase and Sale of Real Property (Dakota Territory Resource Corp)

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