Common use of No Liability for Loss of Claims Clause in Contracts

No Liability for Loss of Claims. Lessee shall not be held liable for the loss of any claims by virtue of invalid location by Owner. Lessee shall not be held liable for the loss of any claims due to any act of governmental agencies, provided that Lessee has taken all reasonable and legal means to protect and maintain such claims.

Appears in 6 contracts

Samples: Mining Lease (MAGELLAN GOLD Corp), Mining Lease (MAGELLAN GOLD Corp), Mining Lease (Gold Run Inc.)

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No Liability for Loss of Claims. Lessee shall not be held liable for the loss of any claims by virtue of invalid location by Owner. Lessee shall not be held liable for the loss of any claims due to any act of governmental agencies, provided that Lessee has taken all reasonable and legal means to protect and maintain such claims.

Appears in 5 contracts

Samples: Exploration Agreement With Option for Joint Venture (Luna Gold Corp), Mining Lease With Option to Purchase (Piedmont Mining Company, Inc.), Mining Lease (Miranda Gold Corp)

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No Liability for Loss of Claims. Lessee shall not be held liable for the loss of any claims by virtue of invalid location by Owner. Lessee shall not be held liable for the loss of any claims due to any act of governmental agencies, provided that Lessee has promptly given Owner written notice of the initiation of any such act by a governmental agency and taken all reasonable and legal means to protect and maintain such claims.

Appears in 1 contract

Samples: Mining Lease (Coyote Resources, Inc.)

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