Common use of Premium Prices Clause in Contracts

Premium Prices. Whenever Material is not readily obtainable at published or listed prices because of national emergencies, strikes or other unusual circumstances over which the Manager has no control, the Manager may charge the Business Account for the required Material on the basis of the Manager's direct cost and expenses incurred in procuring such Material and making it suitable for use. The Manager shall give written notice of the proposed charge to the Participants prior to the time when such charge is to be billed, whereupon either Participant shall have the right, by notifying the Manager within ten (10) days of the delivery of the notice from the Manager, to furnish at the usual receiving point all or part of its share of Material suitable for use and acceptable to the Manager.

Appears in 5 contracts

Samples: Equity Participation and Earn in Agreement (Entree Gold Inc), Equity Participation and Earn in Agreement (Entree Gold Inc), Equity Participation and Earn in Agreement (Entree Gold Inc)

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Premium Prices. Whenever Material is not readily obtainable at published or listed prices because of national emergencies, strikes or other unusual circumstances over which the Manager has no control, the Manager may charge the Business Account for the required Material on the basis of the Manager's ’s direct cost and expenses incurred in procuring such Material and making it suitable for use. The Manager shall give written notice of the proposed charge to the Participants prior to the time when such charge is to be billed, whereupon either Participant shall have the right, by notifying the Manager within ten (10) days of the delivery of the notice from the Manager, to furnish at the usual receiving point all or part of its share of Material suitable for use and acceptable to the Manager.

Appears in 3 contracts

Samples: Exploration, Development and Mine Operating Agreement (Thompson Creek Metals CO Inc.), Exploration, Development and Mine Operating Agreement (Canyon Resources Corp), Exploration, Development and Mine Operating Agreement (Miranda Gold Corp)

Premium Prices. Whenever Material is not readily obtainable at published or listed prices because of national emergencies, strikes or other unusual circumstances over which the Manager has no control, the Manager may charge the Business Account for the required Material on the basis of the Manager's ’s direct cost and expenses incurred in procuring such Material and making it suitable for use. The Manager shall give written notice Notice of the proposed charge to the Participants prior to Company before the time when such charge is to be billedbilled to the Members, whereupon either Participant any Member shall have the right, by notifying providing Notice to the Manager within ten (10) 10 days of after the delivery of the notice Notice from the Manager, to furnish at the usual receiving point all or part of its share proportionate share, based on Percentage Interests, of Material suitable for use and acceptable to the Manager.

Appears in 2 contracts

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

Premium Prices. Whenever Material is not readily obtainable at published or listed prices because of national emergencies, strikes or other unusual circumstances over which the Manager has no control, the Manager may charge the Business Joint Account for the required Material on the basis of the Manager's direct cost and expenses incurred in procuring such Material material and making it suitable for use. The Manager shall give written notice of the proposed charge to the Participants prior to the time when such charge is to be billed, whereupon either Participant shall have the right, by notifying the Manager within ten (10) 10 days of the delivery of the notice from the ManagerManger, to furnish at the usual receiving point all or part of its share of Material suitable for use and acceptable to the Manager.

Appears in 2 contracts

Samples: Option/Joint Venture Agreement, Option / Joint Venture Agreement (Richmont Mines Inc)

Premium Prices. Whenever essential Material is not readily obtainable at published or listed prices because of national emergencies, strikes or other unusual circumstances over which the Manager has no control, the Manager may charge the Business Joint Account for the required Material on the basis of the Manager's direct cost and expenses incurred in procuring such Material and making it suitable for use. The Manager shall give written notice of the proposed charge to the Participants prior to the time when such charge is to be billed, whereupon either any Participant shall have the right, by notifying the Manager within ten (10) 10 days of the delivery of the notice from the Manager, to furnish at the usual receiving point all or part of its share of Material suitable for use and acceptable to the Manager.

Appears in 1 contract

Samples: Mining Venture Agreement (Novagold Resources Inc)

Premium Prices. Whenever Material is not readily obtainable at published or listed prices because of national emergencies, strikes or other unusual circumstances over which the Manager has no control, the Manager may charge the Business Account for the required Material on the basis of the Manager's ’s direct cost and expenses incurred in procuring such Material and making it suitable for use. The Manager shall give written notice of the proposed charge to the Participants Company prior to the time when such charge is to be billedbilled to the Members, whereupon either Participant any Member shall have the right, by notifying the Manager within ten (10) days of the delivery of the notice from the Manager, to furnish at the usual receiving point all or part of its share proportionate share, based on Percentage Interests, of Material suitable for use and acceptable to the Manager.

Appears in 1 contract

Samples: Limited Liability Company Agreement (General Moly, Inc)

Premium Prices. Whenever Material is not readily obtainable at published or listed prices because of national emergencies, strikes or other unusual circumstances over which the Manager has no control, the Manager may charge the Business Account for the required Material on the basis of the Manager's direct cost and expenses incurred in procuring such Material and making it suitable for use. The Manager shall give written notice of the proposed charge to the Participants Members prior to the time when such charge is to be billed, whereupon either Participant Member shall have the right, by notifying the Manager within ten (10) days of the delivery of the notice from the Manager, to furnish at the usual receiving point all or part of its share of Material suitable for use and acceptable to the Manager.

Appears in 1 contract

Samples: Members' Agreement (Battle Mountain Gold Exploration Corp.)

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Premium Prices. Whenever Material is not readily obtainable at published or listed prices because of national emergencies, strikes or other unusual circumstances over which the Manager has no control, the Manager may charge the Business JointBusiness Account for the required Material on the basis of the Manager's '’s direct cost and expenses incurred in procuring such Material and making it suitable for use. The Manager shall give written notice of the proposed charge to the Participants ParticipantsCompany prior to the time when such charge is to be billedbilled to the Members, whereupon either Participant any ParticipantMember shall have the right, by notifying the Manager within ten (10) days of the delivery of the notice from the Manager, to furnish at the usual receiving point all or part of its share proportionate share, based on Percentage Interests, of Material suitable for use and acceptable to the Manager.

Appears in 1 contract

Samples: Limited Liability Company Agreement

Premium Prices. Whenever Material is not readily obtainable at published or listed prices because of national emergencies, strikes or other unusual circumstances over which the Manager has no control, the Manager may charge the Business Account for the required Material on the basis of the Manager's ’s direct cost and expenses incurred in procuring such Material and making it suitable for use. The Manager shall give written notice of the proposed charge to the Participants prior to the time when such charge is to be billed, whereupon either Participant shall have the right, by notifying the Manager within ten (10) 10 days of the delivery of the notice from the Manager, to furnish at the usual receiving point all or part of its share of Material suitable for use and acceptable to the Manager.

Appears in 1 contract

Samples: Exploration, Development and Mine Operating Agreement (Midway Gold Corp)

Premium Prices. Whenever Material is not readily obtainable at --------------- published or listed prices because of national emergencies, strikes or other unusual circumstances over which the Manager has no control, the Manager may charge the Business Account Joint for the required Material on the basis of the Manager's direct cost and expenses incurred in procuring such Material and making it suitable for use. The Manager shall give written notice of the proposed charge to the Participants prior to the time when such charge is to be billed, whereupon either any Participant shall have the right, by notifying the Manager within ten (10) days of the delivery of the notice from the Manager, to furnish at the usual receiving point all or part of its share of Material suitable for use and acceptable to the Manager.

Appears in 1 contract

Samples: Mining Venture Agreement (Western Goldfields Inc)

Premium Prices. Whenever Material is not readily obtainable at published or listed prices because of national emergencies, strikes or other unusual circumstances over which the Manager has no control, the Manager may charge the Business Account for the required Material on the basis of the Manager's direct cost and expenses incurred in procuring such Material and making it suitable for use. The Manager shall give written notice of the proposed charge to the Participants Company prior to the time when such charge is to be billedbilled to the Members, whereupon either Participant any Member shall have the right, by notifying the Manager within ten (10) days of the delivery of the notice from the Manager, to furnish at the usual receiving point all or part of its share proportionate share, based on Percentage Interests, of Material suitable for use and acceptable to the Manager.

Appears in 1 contract

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

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