Re-Assignment Consideration Sample Clauses

Re-Assignment Consideration. The consideration payable to Mesa Cobre (or as it directs) by CAR for the CAR Re-Assignment shall be an amount equal to the total amount to the “Purchase Price” (as defined in the DRHE Option Agreement) previously paid by Mesa Cobre or Ivanhoe Electric to DRHE (the “CAR Re-Assignment Consideration”) which amount shall be paid in cash by wire transfer of immediately available funds to Mesa Cobre (or as it directs) on the effective date of the CAR Re-Assignment.