Obsolete Material. Any Material that is serviceable and usable for its original function, but its condition is not equivalent to that which would justify a price as provided above, shall be priced by the Management Committee. Such price shall be set at a level that will result in a charge to the Business Account equal to the value of the service to be rendered by such Material.
Appears in 13 contracts
Samples: Equity Participation and Earn in Agreement (Entree Gold Inc), Equity Participation and Earn in Agreement (Entree Gold Inc), Equity Participation and Earn in Agreement (Entree Gold Inc)
Obsolete Material. Any Material that which is serviceable and usable for its original function, but its condition is not equivalent to that which would justify a price as provided above, above shall be priced by the Management Committee. Such price shall be set at a level that which will result in a charge to the Business Account equal to the value of the service to be rendered by such Material.
Appears in 3 contracts
Samples: Limited Liability Company Agreement, Operating Agreement (Solitario Exploration & Royalty Corp.), Limited Liability Company Agreement (General Moly, Inc)
Obsolete Material. Any Material that is serviceable and usable for its original function, but its condition is not equivalent sufficient to that which would justify a price as provided above, above shall be priced by the Management Committee. Such price shall be set at a level that will result in a charge to the Business Account equal to the value of the service to be rendered by such Material.
Appears in 3 contracts
Samples: Operating Agreement (Gold Torrent Canada Inc), Limited Liability Company Agreement, Limited Liability Company Agreement
Obsolete Material. Any Material that which is serviceable and usable for its original function, but its condition is not equivalent to that which would justify a price as provided above, above shall be priced by the Management Committee. Such price shall be set at a level that which will result in a charge to the Business Joint Account equal to the value of the service to be rendered by such Material.
Appears in 2 contracts
Samples: Mining Venture Agreement (Novagold Resources Inc), Joint Venture Agreement (Pacific Booker Minerals Inc.)
Obsolete Material. Any Material that which is serviceable and usable useable for its original function, but its condition or value of such Material is not equivalent to that which would justify a price as provided above, shall above may be specially priced as agreed to by the Management CommitteeParties. Such price shall be set at a level that will should result in a charge to the Business Joint Account equal to being charged with the value of the service to be rendered by such Material.
Appears in 2 contracts
Samples: Joint Venture Agreement, Mark Creasy Nullagine Marble Bar Farm in and Joint Venture Agreement for Mining Tenements
Obsolete Material. Any Material that is serviceable and usable for its ------------------ original function, but its condition is not equivalent to that which would justify a price as provided above, shall be priced by the Management Committee. Such price shall be set at a level that will result in a charge to the Business Account equal to the value of the service to be rendered by such Material.
Appears in 1 contract
Samples: Members' Agreement (Battle Mountain Gold Exploration Corp.)
Obsolete Material. Any Material that is serviceable and usable for its original function, but its condition is not equivalent sufficient to that which would justify a price as provided above, above shall be priced by the Management Committee. Such price shall be set at a level that will result in a charge to the Business Account equal to the value of the service to be rendered by such Material.. Exhibit B β Accounting Procedure: Page 6
Appears in 1 contract
Samples: Limited Liability Company Agreement (Contango ORE, Inc.)
Obsolete Material. Any Material that material which is serviceable and usable for its original function, but its condition is not equivalent to that which would justify a price as provided above, above shall be priced by the Management Committee. Such price shall be set at a level that which will result in a charge to the Business Joint Account equal to the value of the service to be rendered by such Materialmaterial.
Appears in 1 contract
Samples: Mining Earn in and Joint Venture Agreement (Pan American Lithium Corp)
Obsolete Material. Any Material that is serviceable and usable for its original function, but its condition is not equivalent to that which would justify a price as provided above, above shall be priced by the Management Committee. Such price shall be set at a level that will result in a charge to the Business Account equal to the value of the service to be rendered by such Material.
Appears in 1 contract
Samples: Limited Liability Company Operating Agreement (Uranium Energy Corp)
Obsolete Material. Any Material that which is serviceable and ----------------- usable for its original function, but its condition is not equivalent to that which would justify a price as provided above, above shall be priced by the Management Committee. Such price shall be set at a level that which will result in a charge to the Business Joint Account equal to the value of the service to be rendered by such Material.
Appears in 1 contract
Obsolete Material. Any Material that which is serviceable and usable for its original function, but its condition is not equivalent to that which would justify a price as provided above, above shall be priced by the Management Committee. Such price shall be set at a level that which will result in a charge to the Business JointBusiness Account equal to the value of the service to be rendered by such Material.
Appears in 1 contract
Samples: Limited Liability Company Agreement
