Common use of Project Permits Clause in Contracts

Project Permits. Except for Authorizations which are to be obtained by a Credit Party from time to time in the ordinary course of business and the absence or delay of which will not materially interfere with or delay development and operation of a Mineral Property, all Authorizations of Governmental Authorities which are necessary to develop and operate the Goldwedge Project and to undertake and conduct the business of the Credit Parties or any Subsidiary thereof as it is currently being conducted are identified in Schedule 7.1(dd)(ii) hereto (collectively, the “Project Permits”). The Borrower has obtained all Project Permits necessary to conduct mining operations at the Goldwedge Project and all such Project Permits are in full force and effect in accordance with their terms, free of material defaults. All Project Permits necessary to develop, build and operate the Mill and the Goldwedge Project have been obtained and are in full force and effect in accordance with their terms, free of material defaults, and no written notice alleging a breach or default under any of the Project Permits or challenging or questioning the validity of any such Project Permit has been delivered, except to the extent disclosed to the Lender in Schedule 7.1(dd)(ii). The Credit Parties have sufficient, legally-enforceable rights of access, entry and egress to and from the Mining Properties, including rights sufficient to develop and operate the Mining Properties, as currently contemplated.

Project Permits. Except for Authorizations which are to be obtained by a Credit Party from time to time in the ordinary course of business and the absence or delay of which will not materially interfere with or delay development and operation of a Mineral Property, all Authorizations of Governmental Authorities which are necessary to develop and operate the Goldwedge Project Mining Properties and to undertake and conduct the business of the Credit Parties or any Subsidiary thereof as it is currently being conducted are identified in Schedule 7.1(dd)(ii7.1(ll) hereto (collectively, the “Project Permits”). The Borrower has obtained all Project Permits necessary to conduct mining operations at the Goldwedge Project Mining Properties and all such Project Permits are in full force and effect in accordance with their terms, free of material defaults. All Except as set forth in Schedule 7.1(ll), all Project Permits necessary to develop, build and operate the Mill and the Goldwedge Santa Xxxx Project have been obtained and are in full force and effect in accordance with their terms, free of material defaults, and no written notice alleging a breach or default under any of the Project Permits or challenging or questioning the validity of any such Project Permit has been delivered, except to the extent disclosed to the Lender in Schedule 7.1(dd)(ii7.1(ll). The Credit Parties have sufficient, legally-enforceable rights of access, entry and egress to and from the Mining Properties, including rights sufficient to develop and operate the Mining Properties, as currently contemplated.

Project Permits. Except for Authorizations which are to be obtained by a Credit Party from time to time in the ordinary course of business and the absence or delay of which will not materially interfere with or delay development and operation of a Mineral Property, all Authorizations of Governmental Authorities which are necessary to develop and operate the Goldwedge Project Mining Properties and to undertake and conduct the business of the Credit Parties or any Subsidiary thereof as it is currently being conducted are identified in Schedule 7.1(dd)(ii7.1(ll) hereto (collectively, the “Project Permits”). The Borrower has obtained all Project Permits necessary to conduct mining operations at the Goldwedge Project Mining Properties and all such Project Permits are in full force and effect in accordance with their terms, free of material defaults. All Except as set forth in Schedule 7.1(ll), all Project Permits necessary to develop, build and operate the Mill and the Goldwedge Santa Rxxx Project have been obtained and are in full force and effect in accordance with their terms, free of material defaults, and no written notice alleging a breach or default under any of the Project Permits or challenging or questioning the validity of any such Project Permit has been delivered, except to the extent disclosed to the Lender in Schedule 7.1(dd)(ii7.1(ll). The Credit Parties have sufficient, legally-enforceable rights of access, entry and egress to and from the Mining Properties, including rights sufficient to develop and operate the Mining Properties, as currently contemplated.