Common use of Monitoring and Access Clause in Contracts

Monitoring and Access. 24-hour live video access to the physical premises of each mine in the Property is anticipated, where Gold-Ore Owner can potentially monitor Pre-Recycled Gold Ore removal activities and (where possible) real-time video and/or images of off-site processing and refining activities. Gold-Ore Owner and its employees, agents and contractors shall be granted reasonable access to each physical mine premises comprising the Property to independently inspect, test, and monitor removal and recycling operations for the Pre-Recycled Gold Ore. In the event of Default, Gold-Ore Owner shall utilize qualified and properly permitted, licensed, bonded, and insured contractors subject to Trust approval and oversight to physically remove the Pre-Recycled Gold Ore from each mine premises comprising the Property in a professional, efficient and safe manner using industry standard best practices and in accordance with all federal, state and local mining and environmental laws and regulations and any applicable Plans of Operations. Gold-Ore Owner agrees to restore each mine premises comprising the Property to its original state prior to conduct of its activities or the activities of its employees, agents, and contractors, including remediation and restoration of any physical or environmental damage or contamination to each mine premises comprising the Property, Gold-Containing Ore, improvements, and personal property as a result of Gold-Ore Owner’s activities or the activities of its employees, agents, and contractors. Gold-Ore Owner and its employees, agents, and contractors agree to comply with all Trust rules of conduct and procedures for ore removal operations, environmental protection, Plans of Operations, and safety while on each mine premises comprising the Property and agree to assume all risks and liabilities without limitation. Gold-Ore Owner and its employees, agents and contractors shall have the right to monitor off-site transportation, processing, and refining operations of the Pre-Recycled Gold Ore, where permitted, and shall assume all risks and liabilities without limitation. Gold-Ore Owner and its employees, agents and contractors shall be bonded, insured, licensed, and qualified to conduct inspection, monitoring, testing, valuation, removal, remediation, and restoration activities while on each mine premises comprising the Property. Gold- Ore Owner and its employees, agents and contractors agree that the improvements, structures, tunnels, shafts, and underground workings on each mine premises comprising the Property will not be disturbed, entered, or accessed.

Appears in 4 contracts

Samples: Purchase Agreement, Gold Ore Purchase Agreement, Gold Ore Purchase Agreement

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Monitoring and Access. 24-hour live video access to the physical premises of each mine in the Property is anticipated, where Gold-Ore Owner can potentially monitor Pre-Recycled Gold Ore removal activities and (where possible) real-time video and/or images of off-site processing and refining activities. Gold-Ore Owner and its employees, agents and contractors shall be granted reasonable access to each physical mine premises comprising the Property to independently inspect, test, and monitor removal and recycling operations for survey the Pre-Pre- Recycled Gold Ore. In the event of Default, Gold-Ore Owner shall utilize qualified and properly permitted, licensed, bonded, and insured contractors subject to Trust approval and oversight to physically remove the Pre-Recycled Gold Ore from each mine Gold Mine premises comprising the Property in a professional, efficient and safe manner using industry standard best practices and in accordance with all federal, state and local mining and environmental laws and regulations and any applicable Notices or Plans of Operations. Gold-Ore Owner agrees to restore each mine Gold Mine premises comprising the Property to its original state prior to conduct of its activities or the activities of its employees, agents, and contractors, including remediation and restoration of any physical or environmental damage or contamination to each mine premises comprising the PropertyGold Mine premises, Gold-Containing Ore, Pre-Recycled Gold Ore, improvements, and personal property as a result of Gold-Ore Owner’s activities or the activities of its employees, agents, and contractors. Gold-Ore Owner and its employees, agents, and contractors agree to comply with all Trust rules of conduct and procedures for ore removal operations, environmental protection, Notices of Operations, Plans of Operations, and safety while on each mine Gold Mine premises comprising the Property and agree to assume all risks and liabilities without limitation. Gold-Ore Owner and its employees, agents and contractors shall have the right to monitor off-site transportation, processing, and refining operations of the Pre-Recycled Gold Ore, where permitted, and shall assume all risks and liabilities without limitation. Gold-Ore Owner and its employees, agents and contractors shall be bonded, insured, licensed, and qualified to conduct inspection, monitoring, testing, valuation, removal, remediation, and restoration activities while on each mine premises comprising the PropertyGold Mine premises. Gold- Gold-Ore Owner and its employees, agents and contractors agree that the improvements, structures, tunnels, shafts, and underground workings on each mine Gold Mine premises comprising the Property will not be disturbed, entered, accessed, or accessedphysically investigated in any way.

Appears in 1 contract

Samples: Gold Ore Purchase Agreement

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