Common use of Remedying of Breach Clause in Contracts

Remedying of Breach. (a) Subject to the provisions of clause 15.3(b), for purposes of clauses 15.2(a)(iii),(iv) and (vi) a breach is deemed to be capable of being remedied by the explorer and the explorer is deemed to have remedied that breach if: (i) that breach has arisen by reason of the explorer having failed to do, or failed to cause or permit to be done, something; and (ii) within the relevant period referred to in clause 15.2(a)(iv) or prior to the grant of the relevant exploration tenement referred to in clause 15.2(a)(vi) (as the case requires) the explorer has done, or has caused or permitted to be done, that thing. (b) The provisions of clause 15.3(a) do not apply to the breach of an essential term in clause 5.1, 5.2 or 5.3 in relation to any authorised exploration tenement.

Remedying of Breach. (a) Subject to the provisions of clause 15.3(b14.3(b), for purposes of clauses 15.2(a)(iii),(iv14.2(a)(iii),(iv) and (vi) a breach is deemed to be capable of being remedied by the explorer and the explorer is deemed to have remedied that breach if: (i) that breach has arisen by reason of the explorer having failed to do, or failed to cause or permit to be done, something; and (ii) within the relevant period referred to in clause 15.2(a)(iv14.2(a)(iv) or prior to the grant of the relevant exploration tenement referred to in clause 15.2(a)(vi14.2(a)(vi) (as the case requires) the explorer has done, or has caused or permitted to be done, that thing. (b) The provisions of clause 15.3(a14.3(a) do not apply to the breach of an essential term in clause 5.1, 5.2 or 5.3 in relation to any authorised exploration tenement.