Common use of Operations Under Programs and Budgets Clause in Contracts

Operations Under Programs and Budgets. All Operations shall be conducted, expenses shall be incurred, and Assets shall be acquired consistent with adopted Programs and Budgets. Each Program and Budget shall provide for (a) accrual of reasonably anticipated Environmental Compliance expenses for all Operations contemplated under the Program and Budget, and (b) payment of all obligations of the Company under Underlying Agreements.

Appears in 3 contracts

Samples: Limited Liability Company Agreement (Contango ORE, Inc.), Limited Liability Company Agreement, Limited Liability Company Agreement

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Operations Under Programs and Budgets. All Except as otherwise provided in this Agreement, Operations shall be conducted, expenses shall be incurred, and Assets shall be acquired consistent with adopted Programs and Budgets. Each Program and Budget shall provide for (a) accrual of reasonably anticipated Environmental Compliance expenses for all Operations contemplated under the Program and Budget, and (b) payment of all obligations of the Company under Underlying Agreements.. 6.2

Appears in 1 contract

Samples: Limited Liability Company Operating Agreement (Solitario Exploration & Royalty Corp.)

Operations Under Programs and Budgets. All Operations shall be conducted, expenses shall be incurred, and Assets shall be acquired consistent with adopted Programs and Budgets. Each Program and Budget shall provide for (a) accrual of reasonably anticipated Environmental Compliance expenses for all Operations contemplated under the Program and Budget, and (b) payment of all obligations of the Company under Underlying Agreementsfor the following year.

Appears in 1 contract

Samples: Shareholders’ Agreement

Operations Under Programs and Budgets. All Operations shall be conducted, expenses shall be incurred, and Assets shall be acquired consistent with adopted Programs and Budgets. Each Program and Budget shall provide for for: (a) accrual of reasonably anticipated Environmental Compliance expenses for all Operations contemplated under the Program and Budget, ; and (b) payment of all obligations of the Company under the Underlying AgreementsAgreement.

Appears in 1 contract

Samples: Limited Liability Company Operating Agreement (Gold Torrent Canada Inc)

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Operations Under Programs and Budgets. All Operations shall will be conducted, expenses shall will be incurred, and Assets shall will be acquired consistent with adopted Programs and Budgets. Each Program and Budget shall will provide for (a) accrual of reasonably anticipated Environmental Compliance expenses for all Operations contemplated under the Program and Budget, and (b) payment of all obligations of the Company under the Underlying Agreements.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Texas Mineral Resources Corp.)

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