Payor to Determine Operations. The Recipient acknowledges and agrees that any decision to commence, pursue, suspend or cease mining on the Property is solely a matter for the Payor; however the Payor will notify the Recipient if it is considering or intends to take any of these actions.
Appears in 3 contracts
Samples: Royalty Purchase Agreement, Net Smelter Returns Royalty Agreement (Claude Resources Inc), Royalty Purchase Agreement (Claude Resources Inc)
Payor to Determine Operations. The Recipient acknowledges and agrees that any decision to commence, pursue, suspend or cease mining on the Property is solely a matter for the Payor; however the Payor will notify the Recipient if it is considering or intends to take any of these actions.
Appears in 1 contract
Samples: Gross Revenue Royalty Agreement (1397468 B.C. Ltd.)
