Office Maintenance. (i) The cost or a pro rata portion of the costs, as the case may be, of maintaining and operating the Field Offices and the Supervision Offices. The basis for charging the Joint Account for such maintenance costs will be as follows: A. the expense of maintaining and operating Field Offices, less any revenue there from; and B. that portion of maintaining and operating the Supervision Offices which is equal to I. the anticipated total operating expenses of the Supervision Offices divided by
Appears in 5 contracts
Samples: Option and Joint Venture Agreement (Strathmore Minerals Corp.), Option and Joint Venture Agreement (Nu-Mex Uranium Corp.), Option and Joint Venture Agreement (Nu-Mex Uranium Corp.)
Office Maintenance. (i) The cost or a pro rata portion of the costs, as the case may be, of maintaining and operating the Field Offices and the Supervision Offices. The basis for charging the Joint Account for such maintenance costs will shall be as follows:
A. the expense of maintaining and operating Field Offices, less any revenue there from; and
B. that portion of maintaining and operating the Supervision Offices which is equal to I. the anticipated total operating expenses of the Supervision Offices divided by
Appears in 2 contracts
Samples: Option Agreement (Source Gold Corp.), Joint Venture Agreement (Source Gold Corp.)
Office Maintenance. (i) The cost or a pro rata portion of the costscost, as the case may be, of maintaining and operating the Field Offices and the Supervision Offices. The basis for charging the Joint Account for such Office maintenance costs will shall be as follows:
A. the expense of maintaining and operating Field Offices, less any revenue there from; and
B. that portion of maintaining and operating the Supervision Offices which is equal to I. the anticipated total operating expenses of the Supervision Offices divided by
Appears in 2 contracts
Samples: Option and Joint Venture Agreement (Mill City Gold Corp.), Option Agreement (American Bonanza Gold Corp.)
Office Maintenance. (i) The cost or a pro rata portion of the costs, as the case may be, of maintaining and operating the Field Offices and the Supervision Offices. The basis for charging the Joint Account for such maintenance costs will be as follows:
A. the expense of maintaining and operating Field Offices, less any revenue there from; and
B. that portion of maintaining and operating the Supervision Offices which is equal to I. the anticipated total operating expenses of the Supervision Offices divided byto
Appears in 1 contract
Samples: Limited Liability Company Operating Agreement (Strathmore Minerals Corp.)
Office Maintenance. (i) The cost or a pro rata portion of the costs, as the case may be, of maintaining and operating the Field Offices and the Supervision Offices. The basis for charging the Joint Account for such maintenance costs will shall be as follows:
A. (A) the expense of maintaining and operating Field Offices, less any revenue there fromtherefrom; and
B. (B) that portion of maintaining and operating the Supervision Offices which is equal to I. the anticipated total operating expenses of the Supervision Offices divided byto:
Appears in 1 contract
Office Maintenance. (i) The cost or a pro rata portion of the costs, as the case may be, of maintaining and operating the Field Offices and the Supervision Offices. The basis for charging the Joint Account for such maintenance costs will shall be as follows:
A. (A) the expense of maintaining and operating Field Offices, less any revenue there fromtherefrom; and
B. (B) that portion of maintaining and operating the Supervision Offices which is equal to I. the anticipated total operating expenses of the Supervision Offices divided byto
Appears in 1 contract
