Resignation; Deemed Offer to Resign. The Manager may resign upon thirty (30) days prior notice to the other Participant. If any of the following shall occur, the Manager shall be deemed to have offered to resign, which offer shall be accepted by the other Participant, if at all, within ninety (90) days following such deemed offer:
Appears in 2 contracts
Samples: Lease Agreement (Idaho Consolidated Metals Corp), Joint Venture Agreement (Idaho Consolidated Metals Corp)
Resignation; Deemed Offer to Resign. The Manager may offer to resign upon not less than thirty (30) days prior notice Notice to the Management Committee, in which case the other ParticipantParticipant may select the successor Manager by Notice to the Management Committee within thirty (30) days after the Notice of resignation, and may appoint itself or a third party as the successor Manager. If any of the following shall occur, the Manager shall be deemed to have offered to resign, which offer shall be accepted by the other ParticipantParticipant (along with the appointment of a successor Manager), if at all, within ninety (90) days following such deemed offer:
Appears in 2 contracts
Samples: Venture Agreement (New Jersey Mining Co), Venture Agreement (New Jersey Mining Co)
Resignation; Deemed Offer to Resign. (a) The Manager may resign upon thirty (30) days three months’ prior notice to the other Participant. If any of the following shall occur, the Manager shall be deemed to have offered to resign, in which offer shall be accepted by case the other Participant, if at all, Participant may elect to become the new Manager by notice to the resigning Participant within ninety (90) 60 days following such deemed offer:after the notice of resignation.
Appears in 2 contracts
Samples: Mining Venture Agreement (Us Energy Corp), Mining Venture Agreement (Crested Corp)
Resignation; Deemed Offer to Resign. The Manager may resign upon thirty (30) days months'’ prior notice to the other ParticipantParticipantMember, in which case the other ParticipantMember may elect to become the new Manager by notice to the resigning ParticipantMember within days after the notice of resignation. If any of the following shall occur, the Manager shall be deemed to have offered to resign, which offer shall be accepted by the other ParticipantParticipantMember, if at all, within ninety (90) 90 days following such deemed offer:
Appears in 1 contract
Resignation; Deemed Offer to Resign. The Manager may resign upon thirty (30) days one month’s prior notice to the other Participant. If any of the following shall occur, the Manager shall be deemed to have offered to resign, which offer shall be accepted by the other Participant, if at all, within ninety (90) 30 days following such deemed offer:
Appears in 1 contract
Samples: Option Agreement (Radius Gold Inc.)
Resignation; Deemed Offer to Resign. The Manager may resign upon thirty (30) days three months' prior notice to the other Participant, in which case the other Participant may elect to become the new Manager by notice to the resigning Participant within 20 days after the notice of resignation. If any of the following shall occur, the Manager shall be deemed to have offered to resign, which offer shall be accepted by the other Participant, if at all, within ninety (90) 90 days following such deemed offer:
Appears in 1 contract
Resignation; Deemed Offer to Resign. The Manager may resign upon thirty (30) days one month’s prior notice to the other Participant, in which case the other Participant may elect to become the new Manager by notice to the resigning Participant within 30 days after the notice of resignation. If any of the following shall occur, the Manager shall be deemed to have offered to resign, which offer shall be accepted by the other Participant, if at all, within ninety (90) days following such deemed offer:
Appears in 1 contract
Samples: In and Joint Venture Agreement (Pan American Lithium Corp)
Resignation; Deemed Offer to Resign. 20. The Manager may resign upon thirty not less than two (302) days months’ prior notice to the other ParticipantManagement Committee, in which case the Management Committee shall elect a successor Manager. If any of the following shall occur, the The Manager shall be deemed to have offered to resignresigned upon the occurrence of any event described in Section 21, which offer and the Management Committee shall be accepted by the other Participant, if at all, within ninety (90) days following such deemed offer:elect a successor Manager.
Appears in 1 contract
Samples: Definitive Agreement (Quartz Mountain Resources LTD)
Resignation; Deemed Offer to Resign. The Manager may resign upon thirty (30) days days’ prior notice to the other Participant. If any of the following shall occur, the Manager shall be deemed to have offered to resign, which offer shall be accepted by the other Participant, if at all, within ninety (90) days following such deemed offer:
Appears in 1 contract
Resignation; Deemed Offer to Resign. The Manager may resign upon thirty (30) days 90 days' prior notice to the other Participant, in which case the other Participant may elect to become the new Manager by notice to the resigning Participant within 30 days after the notice of resignation. If any of the following shall occur, the Manager shall be deemed to have offered to resign, which offer shall be accepted by the other Participant, if at all, within ninety (90) 30 days following such deemed offer:
Appears in 1 contract
Resignation; Deemed Offer to Resign. The Manager may resign upon thirty (30) days prior notice to the other Participant. If any of the following shall occur, the Manager shall be deemed to have offered to resign, which offer shall be accepted .accepted by the other Participant, if at all, within ninety (90) days following such deemed offer:
Appears in 1 contract
Samples: Joint Development Agreement (Idaho Consolidated Metals Corp)
Resignation; Deemed Offer to Resign. The Manager may resign upon thirty (30) days one month’s prior notice to the other Participant. If any of the following shall occur, occur the Manager shall be deemed to have offered to resign, which offer shall be accepted by the other ParticipantParticipant other than the Manager, if at all, within ninety (90) 60 days following such deemed offer:
Appears in 1 contract
Samples: Option Agreement