No Obligation to Mine. Grantor shall have sole discretion to determine the extent of its mining of the Property and the time or the times for beginning, continuing or resuming mining operations with respect thereto. Grantor shall have no obligation to Newmont or otherwise to mine any of the Property.
Appears in 5 contracts
Samples: Sublease and Agreement (Liberty Silver Corp), Option to Purchase Agreement (Aurelio Resource Corp), Purchase Agreement (Aurelio Resource Corp)
No Obligation to Mine. Grantor shall have sole discretion to determine the extent of its mining of the Royalty Property and the time or the times for beginning, continuing or resuming mining operations with respect thereto. Grantor shall have no obligation to Newmont Grantee (in its capacity as the holder of this royalty) or otherwise to mine any of the Royalty Property, such obligation being governed solely by the Agreement.
Appears in 5 contracts
Samples: Limited Liability Company Agreement (Newmont Goldcorp Corp /De/), Limited Liability Company Agreement (Barrick Gold Corp), Operating Agreement (Barrick Gold Corp)
No Obligation to Mine. Grantor shall have sole discretion to determine the extent of its mining of the Property Properties and the time or the times for beginning, continuing or resuming mining operations with respect thereto. Grantor (and its respective successors and assigns) shall have no obligation to Newmont Grantee or otherwise to mine any of the PropertyProperties.
Appears in 2 contracts
Samples: Stock Purchase Agreement (Anglogold Ashanti LTD), Stock Purchase Agreement (Newmont Mining Corp /De/)
No Obligation to Mine. Grantor shall have sole discretion to determine the extent of its mining of the Property Royalty Properties and the time or the times for beginning, continuing or resuming mining operations with respect thereto. Grantor shall have no obligation to Newmont Grantee (in its capacity as the holder of this royalty) or otherwise to mine any of the PropertyRoyalty Properties, such obligation being governed solely by the Agreement.
Appears in 2 contracts
Samples: Operating Agreement (Barrick Gold Corp), Operating Agreement (Newmont Mining Corp /De/)