Common use of Operational Matters Clause in Contracts

Operational Matters. Except as would not, individually or in the aggregate, be reasonably expected to result in a Eldorado Material Adverse Effect: (i) all rentals, royalties, overriding royalty interests, production payments, net profits, interest burdens, payments and obligations due and payable, or performable, as the case may be, on or prior to the date hereof under, with respect to, or on account of, any direct or indirect assets of Eldorado, its Subsidiaries and its material joint ventures, have been: (i) duly paid or accrued; (ii) duly performed; or (iii) provided for prior for the date hereof; and (ii) all costs, expenses, and liabilities payable on or prior to the date hereof under the terms of any contracts and agreements to which Eldorado or any of its Subsidiaries or material joint ventures is directly or indirectly bound have been properly and timely paid, except for such expenses that are being currently paid prior to delinquency in the ordinary course of business.

Operational Matters. Except as would not, individually or in the aggregate, be reasonably expected to result in a Eldorado European Goldfields Material Adverse Effect: (i) all rentals, royalties, overriding royalty interests, production payments, net profits, interest burdens, payments and obligations due and payable, or performable, as the case may be, on or prior to the date hereof under, with respect to, or on account of, any direct or indirect assets of EldoradoEuropean Goldfields, its Subsidiaries and its material joint ventures, have been: (iA) duly paid or accruedpaid; (iiB) duly performed; or (iiiC) provided for prior for the date hereof; and (ii) all costs, expenses, and liabilities payable on or prior to the date hereof under the terms of any contracts and agreements to which Eldorado European Goldfields or any of its Subsidiaries or material joint ventures is directly or indirectly bound have been properly and timely paid, except for such expenses that are being currently paid prior to delinquency in the ordinary course of business.

Operational Matters. Except as would not, individually or in the aggregate, be reasonably expected to result in a Eldorado Material Adverse EffectEffect on PMI: (i) all rentals, royalties, overriding royalty interests, production payments, net profits, interest burdens, payments and obligations due and payable, or performable, as the case may be, on or prior to the date hereof under, with respect to, or on account of, any direct or indirect assets of EldoradoPMI, its or any of the PMI Subsidiaries and its any of their material joint ventures, have been: (iA) duly paid or accruedpaid; (iiB) duly performed; or (iiiС) provided for prior for the date hereof; and (ii) all costs, expenses, and liabilities payable on or prior to the date hereof under the terms of any contracts and agreements to which Eldorado PMI or any of the PMI Subsidiaries or any of its Subsidiaries or material joint ventures is directly or indirectly bound bound, have been properly and timely paid, except for such expenses that are being currently paid prior to delinquency in the ordinary course of business.

Operational Matters. Except as would not, individually or in the aggregate, be reasonably expected to result in a Eldorado Material Adverse EffectEffect on Asanko: (i) all rentals, royalties, overriding royalty interests, production payments, net profits, interest burdens, payments and obligations due and payable, or performable, as the case may be, on or prior to the date hereof under, with respect to, or on account of, any direct or indirect assets of EldoradoAsanko, its or any of the Asanko Subsidiaries and its any of their material joint ventures, have been: (iA) duly paid or accruedpaid; (iiB) duly performed; or (iiiС) provided for prior for the date hereof; and (ii) all costs, expenses, and liabilities payable on or prior to the date hereof under the terms of any contracts and agreements to which Eldorado Asanko or any of the Asanko Subsidiaries or any of its Subsidiaries or material joint ventures is directly or indirectly bound bound, have been properly and timely paid, except for such expenses that are being currently paid prior to delinquency in the ordinary course of business.

Operational Matters. Except as would not, individually or in the aggregate, have or reasonably be reasonably expected to result in have a Eldorado Company Material Adverse Effect: (i) all material rentals, royalties, overriding royalty interests, production payments, net profits, interest burdens, contract commitments, payments and obligations due and payable, or performable, as the case may be, on or prior to the date hereof under, with respect to, or on account of, any direct or indirect assets of EldoradoCompany, its Subsidiaries and its material joint ventures, have been: (iA) duly paid or accruedpaid; (iiB) duly performed; or (iiiC) provided for prior for the date hereof; and (ii) all material costs, expenses, and liabilities payable on or prior to the date hereof under the terms of any contracts and agreements to which Eldorado the Company or any of its Subsidiaries or material joint ventures is directly or indirectly bound have been properly and timely paid, except for such expenses that are being currently paid prior to delinquency in the ordinary course of business.

Operational Matters. Except as would not, individually or in the aggregate, be reasonably expected to result in a Eldorado Fortuna Material Adverse Effect: (i) all rentals, royalties, overriding royalty interests, production payments, net profits, interest burdens, payments and obligations due and payable, or performable, as the case may be, on or prior to the date hereof under, with respect to, or on account of, any direct or indirect assets of EldoradoFortuna, its the Fortuna Material Subsidiaries and its material joint ventures, have been: (iA) duly paid or accrued; (iiB) duly performed; or (iiiC) provided for accrued prior for to the date hereof; and (ii) all costs, expenses, and liabilities payable on or prior to the date hereof under the terms of any contracts and agreements to which Eldorado Fortuna or any of its the Fortuna Material Subsidiaries or material joint ventures is directly or indirectly bound have been properly and timely paid, except for such expenses that are being currently paid prior to delinquency in the ordinary course of business.

Operational Matters. Except as would not, individually or in the aggregate, be reasonably expected to result in a Eldorado an Endeavour Material Adverse Effect: (i) all rentals, royalties, overriding royalty interests, production payments, net profits, interest burdens, payments and obligations due and payable, or performable, as the case may be, on or prior to the date hereof under, with respect to, or on account of, any direct or indirect assets of EldoradoEndeavour, its the Endeavour Material Subsidiaries and its material joint ventures, have been: (iA) duly paid or accrued; (iiB) duly performed; or (iiiC) provided for accrued prior for to the date hereof; and (ii) all costs, expenses, and liabilities payable on or prior to the date hereof under the terms of any contracts and agreements to which Eldorado Endeavour or any of its the Endeavour Material Subsidiaries or material joint ventures is directly or indirectly bound have been properly and timely paid, except for such expenses that are being currently paid prior to delinquency in the ordinary course of business.

Operational Matters. Except as would not, individually or in the aggregate, be reasonably expected to result in a Eldorado Material Adverse EffectEffect on Target: (i) all rentals, royalties, overriding royalty interests, production payments, net profits, interest burdens, payments and obligations due and payable, or performable, as the case may be, on or prior to the date hereof under, with respect to, or on account of, any direct or indirect assets of EldoradoTarget, its or any of the Target Subsidiaries and its any of their material joint ventures, have been: (iA) duly paid or accruedpaid; (iiB) duly performed; or (iiiС) provided for prior for the date hereof; and (ii) all costs, expenses, and liabilities payable on or prior to the date hereof under the terms of any contracts and agreements to which Eldorado Target or any of the Target Subsidiaries or any of its Subsidiaries or material joint ventures is directly or indirectly bound bound, have been properly and timely paid, except for such expenses that are being currently paid prior to delinquency in the ordinary course of business.

Operational Matters. Except as would not, individually or in the aggregate, be reasonably expected to result in a Eldorado Material Adverse EffectEffect on Alamos: (i) all rentals, royalties, overriding royalty interests, production payments, net profits, interest burdens, payments and obligations due and payable, or performable, as the case may be, on or prior to the date hereof under, with respect to, or on account of, any direct or indirect assets of EldoradoAlamos, its any of the Alamos Subsidiaries and its any of their material joint ventures, have been: (iA) duly paid or accruedpaid; (iiB) duly performed; or (iiiC) provided for prior for the date hereof; and (ii) all costs, expenses, and liabilities payable on or prior to the date hereof under the terms of any contracts and agreements to which Eldorado Alamos or any of its the Alamos Subsidiaries or any of their material joint ventures is directly or indirectly bound bound, have been properly and timely paid, except for such expenses that are being currently paid prior to delinquency in the ordinary course of business.

Operational Matters. Except as would not, individually or in the aggregate, be reasonably expected to result in a Eldorado Material Adverse EffectEffect on Primero: (i) all rentals, royalties, overriding royalty interests, production payments, net profits, interest burdens, payments and obligations due and payable, or performable, as the case may be, on or prior to the date hereof under, with respect to, or on account of, any direct or indirect assets of EldoradoPrimero, its any of the Primero Subsidiaries and its any of their material joint ventures, have been: (iA) duly paid or accruedpaid; (iiB) duly performed; or (iii() provided for prior for the date hereof; and (ii) all costs, expenses, and liabilities payable on or prior to the date hereof under the terms of any contracts and agreements to which Eldorado Primero or any of its the Primero Subsidiaries or any of their material joint ventures is directly or indirectly bound bound, have been properly and timely paid, except for such expenses that are being currently paid prior to delinquency in the ordinary course of business.

Operational Matters. Except as would not, individually or in the aggregate, be reasonably expected to result in a Eldorado Pan American Material Adverse Effect: (i) all rentals, royalties, overriding royalty interests, production payments, net profits, interest burdens, payments and obligations due and payable, or performable, as the case may be, on or prior to the date hereof under, with respect to, or on account of, any direct or indirect assets of EldoradoPan American, its Subsidiaries and its material joint ventures, have been: (i) duly paid or accrued; (ii) duly performed; or (iii) provided for prior for the date hereof; and (ii) all costs, expenses, and liabilities payable on or prior to the date hereof under the terms of any contracts and agreements to which Eldorado Pan American or any of its Subsidiaries or material joint ventures is directly or indirectly bound have been properly and timely paid, except for such expenses that are being currently paid prior to delinquency in the ordinary course of business.

Operational Matters. Except as would not, individually or in the aggregate, be reasonably expected to result in a Eldorado Material Adverse EffectEffect on Northgate: (i) all rentals, royalties, overriding royalty interests, production payments, net profits, interest burdens, payments and obligations due and payable, or performable, as the case may be, on or prior to the date hereof under, with respect to, or on account of, any direct or indirect assets of EldoradoNorthgate, its any of the Northgate Subsidiaries and its any of their material joint ventures, have been: (iA) duly paid or accruedpaid; (iiB) duly performed; or (iii() provided for prior for the date hereof; and (ii) all costs, expenses, and liabilities payable on or prior to the date hereof under the terms of any contracts and agreements to which Eldorado Northgate or any of its the Northgate Subsidiaries or any of their material joint ventures is directly or indirectly bound bound, have been properly and timely paid, except for such expenses that are being currently paid prior to delinquency in the ordinary course of business.