Common use of No interest in the Property upon termination of the Option Clause in Contracts

No interest in the Property upon termination of the Option. If the Option is so terminated in accordance with either of sections "2.5" or "2.6" hereinabove the Purchaser shall have no interest in and to any of the mineral property interests comprising the Property, and any and all prior Affiliate Share Transfer transfers, Consulting Arrangements and maintenance payments made, or caused to be made, or incurred by the Purchaser to or on behalf of the Vendors or any of the mineral property interests comprising the Property under this Agreement, shall then be non-refundable by the Vendors to the Purchaser for which the Purchaser shall have no recourse, and the provisions of section "2.8" hereinbelow shall become immediately applicable to the Purchaser.

No interest in the Property upon termination of the Option. If the Option is so terminated in accordance with either of sections "2.52.6" or "2.62.7" hereinabove the Purchaser shall have no interest in and to any of the mineral property interests comprising the Property, and any and all prior Affiliate Share Transfer transfers, Consulting Arrangements and maintenance payments made, or caused to be made, or incurred by the Purchaser to or on behalf of the Vendors Vendor or any of the mineral property interests comprising the Property under this Agreement, shall then be non-refundable by the Vendors Vendor to the Purchaser for which the Purchaser shall have no recourse, and the provisions of section "2.82.9" hereinbelow shall become immediately applicable to the Purchaser.

No interest in the Property upon termination of the Option. If the Option is so terminated in accordance with either of sections "“2.5" ” or "“2.6" ” hereinabove the Purchaser shall have no interest in and to any of the mineral property interests comprising the Property, and any and all prior Affiliate Share Transfer transfers, Consulting Arrangements and maintenance payments made, or caused to be made, or incurred by the Purchaser to or on behalf of the Vendors or any of the mineral property interests comprising the Property under this Agreement, shall then be non-refundable by the Vendors to the Purchaser for which the Purchaser shall have no recourse, and the provisions of section "“2.8" ” hereinbelow shall become immediately applicable to the Purchaser.

No interest in the Property upon termination of the Option. If the Option is so terminated in accordance with either of sections "2.5" or "2.6" hereinabove the Purchaser shall have no interest in and to any of the mineral property interests comprising the Property, and any and all prior Affiliate Share Transfer transfers, Consulting Arrangements and maintenance payments made, or caused to be made, or incurred by the Purchaser to or on behalf of the Vendors Vendor or any of the mineral property interests comprising the Property under this Agreement, shall then be non-refundable by the Vendors Vendor to the Purchaser for which the Purchaser shall have no recourse, and the provisions of section "2.8" hereinbelow shall become immediately applicable to the Purchaser.