Perpetuities. The Parties to this Agreement do not intend that there shall be any violation of the Rule Against Perpetuities or any related rule pertaining to restraints upon alienation. If any such violation should inadvertently exist, it is the intent and desire of the Parties hereto that the appropriate court shall reform such provision or provisions in such a way as to approximate most closely the intent of the Parties hereto within the limits permissible under such Rule or related rule.
Appears in 2 contracts
Samples: Mining Agreement (Idaho Consolidated Metals Corp), Mineral Lease Agreement (Idaho Consolidated Metals Corp)
Perpetuities. The Parties parties to this Agreement do not intend that there shall be any violation of the Rule Against Perpetuities rule against perpetuities or any related rule pertaining to restraints upon alienation. If any such violation should inadvertently exist, it is the intent and desire of the Parties hereto that the appropriate court shall reform such provision or provisions in such a way as to approximate most closely the intent of the Parties hereto within the limits permissible under such Rule rule or related rule.
Appears in 1 contract
Samples: Mineral Lease Agreement (American Paramount Gold Corp.)
Perpetuities. The Parties to this Agreement do not intend that there shall be any violation of the Rule Against Perpetuities or any related rule pertaining to restraints upon alienation. If any such violation should inadvertently exist, it is the intent and desire of the Parties hereto that the appropriate court shall reform such provision or provisions in such a way as to approximate most closely the intent 'of the Parties hereto within the limits permissible under such Rule or related rule.
Appears in 1 contract
Perpetuities. The Parties As to this Agreement any provision in the Agreement, the parties hereto do not intend that there shall be any violation of the Rule Against Perpetuities or any related rule pertaining to restraints upon alienationrule. If any such violation should inadvertently existoccur, it is the intent and desire of the Parties parties hereto that the appropriate court shall reform such the provision or provisions in such a way as to approximate most closely to the intent of the Parties parties hereto within the limits permissible under such Rule rule or related rule.
Appears in 1 contract
Perpetuities. The Parties to this Agreement do not intend that there shall be any violation of the Rule Against Perpetuities Perpetuities or any related rule pertaining to restraints upon alienation. If any such violation should inadvertently exist, it is the intent and desire of the Parties hereto that the appropriate court shall reform such provision or provisions in such a way as to approximate most closely the intent of the Parties hereto within the limits permissible under such Rule or any related rule.
Appears in 1 contract
Perpetuities. The Parties parties to this Agreement do not intend that there shall be any violation of the Rule Against Perpetuities rule against perpetuities or any related rule pertaining to restraints upon alienation. If any such violation should inadvertently exist, it is the intent and desire of the Parties hereto that the appropriate court shall reform such provision or provisions in such a way as to approximate most closely the intent of the Parties hereto within the limits permissible under such Rule rule or related rule.. 14.16
Appears in 1 contract
Samples: Mineral Lease Agreement
