Common use of Notice of Clause in Contracts

Notice of. OFFLOADING Where iron ore products are off-loaded in breach of Section 22.01 the Joint Venturers will forthwith after becoming aware of that event give notice of the same to the Minister and will without prejudice to any other rights or remedies of the State by reason of the breach on demand pay to the State by way of additional royalty such sum as the Minister may determine but not more than a sum representing one dollar ($1.00) per ton on the quantity of iron ore products off-loaded.

Notice of. OFFLOADING Where iron ore products are off-loaded off‑loaded in breach of Section 22.01 the Joint Venturers will forthwith after becoming aware of that event give notice of the same to the Minister and will without prejudice to any other rights or remedies of the State by reason of the breach on demand pay to the State by way of additional royalty such sum as the Minister may determine but not more than a sum representing one dollar ($1.00) per ton on the quantity of iron ore products off-loadedoff‑loaded.