Notice of Rejection. If, within the 15-day period referred to in paragraph 10.3, the notified Party does not give the notice referred to in paragraph 10.4, it will be deemed to have consented to the exclusion of the Mineral Rights or Surface Rights in question from the Area of Interest, which may thereafter be held or dealt with by the Acquiring Party or its Affiliate free of the terms and conditions of this Agreement.
Appears in 5 contracts
Samples: Option Agreement (Tournigan Gold Corp), Option Agreement (Tournigan Gold Corp), Option Agreement (Soltera Mining Corp.)