Common use of Project Permits Clause in Contracts

Project Permits. Except for permits, licenses, approvals, authorizations and consents which are to be obtained by a Credit Party or Subsidiary thereof from time to time in the ordinary course of business and the absence or delay of which has not had and could not reasonably be expected to have a Material Adverse Effect on the development or operation of any Material Project, all permits, licenses, approvals, authorizations and consents of Governmental Authorities which are necessary to undertake and conduct the business of the Credit Parties or any Subsidiary thereof as it is currently being conducted are identified in Schedule 6.1(s) hereto (collectively, the “Project Permits”). All Project Permits necessary to undertake and conduct the activities contemplated by the Work Program and Budget 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 such Project Permit has been delivered, except to the extent disclosed to the Lender in Schedule 6.1(s).

Appears in 2 contracts

Samples: Loan Agreement (Uranium Resources Inc /De/), Bridge Loan Agreement (Uranium Resources Inc /De/)

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Project Permits. Except for permits, licenses, approvals, authorizations authorizations, certifications, registrations and consents which are to be obtained by a Credit Party or Subsidiary thereof from time to time in the ordinary course of business and the absence or delay of which has will not had interfere with or delay development and could not reasonably be expected to have a Material Adverse Effect on the development or operation of any Material Projectthe Mineral Properties, all permits, licenses, approvals, authorizations authorizations, certifications, registrations and consents of Governmental Authorities which are necessary to undertake and conduct the business of the Credit Parties or any Subsidiary thereof as it is currently being conducted are identified in Schedule 6.1(s6.1(q) hereto (collectively, the “Project Permits”). All The Borrower has obtained all Project Permits necessary to undertake conduct mining operations at its Mineral Properties as currently conducted and conduct the activities contemplated by the Work Program and Budget have been obtained and all such Project Permits 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 6.1(s6.1(q).

Appears in 1 contract

Samples: Bridge Loan Agreement (Gryphon Gold Corp)

Project Permits. Except for permits, licenses, approvals, authorizations and consents which are to be obtained by a Credit Party the Borrower or Subsidiary thereof from time to time in the ordinary course of business and the absence or delay of which has not had and could not reasonably be expected to have a Material Adverse Effect on the development or operation of any Material Project, all permits, licenses, approvals, authorizations and consents of Governmental Authorities which are necessary to undertake and conduct the business of the Credit Parties Borrower or any Subsidiary thereof as it is currently being conducted are identified in Schedule 6.1(s) hereto (collectively, the “Project Permits”). All Project Permits necessary to undertake and conduct the activities contemplated by the Work Program and Budget 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 such Project Permit has been delivered, except to the extent disclosed to the Lender in Schedule 6.1(s).

Appears in 1 contract

Samples: Loan Agreement (Westwater Resources, Inc.)

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Project Permits. Except for permits, licenses, approvals, authorizations authorizations, certifications, registrations and consents which are to be obtained by a Credit Party or Subsidiary thereof from time to time in the ordinary course of business and the absence or delay of which has will not had materially interfere with or delay development and could not reasonably be expected to have a Material Adverse Effect on the development or operation of any Material Projectthe Mineral Properties, all permits, licenses, approvals, authorizations authorizations, certifications, registrations and consents of Governmental Authorities which are necessary to undertake and conduct the business of the Credit Parties or any Subsidiary thereof as it is currently being conducted are identified in Schedule 6.1(s6.1(q) hereto (collectively, the “Project Permits”). All The Borrower has obtained all Project Permits necessary to undertake conduct mining operations at its Mineral Properties and conduct the activities contemplated by the Work Program and Budget have been obtained and all such Project Permits 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 6.1(s6.1(q).

Appears in 1 contract

Samples: Bridge Loan Agreement (Golden Phoenix Minerals Inc)

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