Notice of Election to Earn-In an Additional 9% Interest Sample Clauses

Notice of Election to Earn-In an Additional 9% Interest. Within ninety (90) days following the delivery of the Notice of Completion to Earn-In a 51% Interest, Razore Rock shall elect whether or not to earn-in an additional nine percent (9%) undivided working interest in the Mineral Rights (the “Notice of Election to Earn-In an Additional 9% Interest”). If Razore Rock elects to earn the additional nine percent (9%) interest, it shall deliver to Alto Ventures with the Notice of Election to Earn-In an Additional 9% Interest a certified cheque or bank draft for $40,000 (forty thousand dollars) and a share certificate registered in the name of Alto Ventures for 400,000 Shares (the “Final Share Issuance”). For the avoidance of doubt the Parties hereby acknowledge and agree that Razore Rock’s failure to deliver the Notice of Completion to Earn-In a 51% Interest and/or its Notice of Election to Earn-In an Additional 9% Interest shall be deemed to be considered as a relinquishment by Razore Rock of, as the case may be, its Option to Earn-In a 51% Interest and/or of its Option to Earn-In an Additional 9% Interest. If Razore Rock delivers the Notice of Election to Earn-In an Additional 9% Interest and fails to complete the Second Expenditure Commitment prior to the expiry of the Second Option Period, it shall be deemed to have earned a fifty-one percent (51%) working interest in the Mineral Rights and the provisions of Article 5 shall apply accordingly.
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Related to Notice of Election to Earn-In an Additional 9% Interest

  • CAFA Notice Pursuant to 28 U.S.C. § 1715, not later than ten (10) days after the Agreement is filed with the Court, the Settlement Administrator shall cause to be served upon the Attorneys General of each U.S. State in which Settlement Class members reside, the Attorney General of the United States, and other required government officials, notice of the proposed settlement as required by law, subject to Paragraph 5.1 below.

  • Final Meeting Benefits Questionnaire Provide all key assumptions used to estimate projected benefits, including targeted market sector (e.g., population and geographic location), projected market penetration, baseline and projected energy use and cost, operating conditions, and emission reduction calculations. Examples of information that may be requested in the questionnaires include:

  • Written Election At the time you make a rollover or conversion to a Xxxx XXX, you must designate in writing to the custodian your election to treat that contribution as a rollover or conversion. Once made, the election is irrevocable.

  • Notice of Overpayment If the Contractor receives a vendor overpayment notice or a letter communicating the existence of an overpayment from DSHS, the Contractor may protest the overpayment determination by requesting an adjudicative proceeding. The Contractor’s request for an adjudicative proceeding must:

  • Notice of a Contract Action Grantee will send notice to the Substance Use Disorder (SUD) email box, XxxxxxxxxXxxxx.Xxxxxxxxx@xxxx.xxxxx.xx.xx if Grantee has had any contract suspended or terminated for cause by any local, state or federal department or agency or nonprofit entity within five (5) business days of becoming aware of the action and include the following:

  • Class Notice The Settling Parties have presented to the Court proposed forms of Settlement Notice, which are appended hereto as Exhibit 3 and Exhibit 4, respectively.

  • Contents of Suspension Notice A Suspension Notice shall specify:

  • NOTICE OF SUPPLEMENTAL ALLOCATION OF FUNDS By the signature below, the City Controller certifies that, upon the request of the Director, the supplemental sum set out below has been allocated for the purposes of the Agreement out of funds appropriated for this purpose by the City Council of the City of Houston. This Supplemental Allocation has been charged to such appropriation. $

  • Termination Notice If either Party, having become entitled to do so, decides to terminate this Agreement pursuant to the preceding Clause 8.2 (a) (i) or 8.2 (a) (ii), it shall issue Termination Notice setting out:

  • Resignation Notice To resign in good standing, an employee shall give at least ten (10) working days’ notice of resignation. Failure of an employee to give at least ten (10) working days’ notice of resignation will result in loss of the privilege to be rehired in the Minnesota Judicial Branch. The period of notice may be reduced or waived by the Employer or its designees. The employee must be present at work on effective date of separation except as otherwise authorized by the employee's appointing authority An employee shall have the right to withdraw a written resignation within three (3) calendar days of its submission.

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