Review and Approval of Proposed Programs and Budgets. Within 30 days of the submission of a proposed Program and Budget by the Operator to the other Participant, the Operator shall call a meeting of the Management Committee to consider the same. The Management Committee shall adopt the Program and Budget, with such modifications, if any, as it deems necessary, or reject the same and require a new submission from the Operator.
Appears in 2 contracts
Samples: Joint Venture Agreement (Fronteer Development Group Inc), Option Agreement (Fronteer Development Group)
Review and Approval of Proposed Programs and Budgets. Within 30 days of the submission of a proposed Program and Budget by the Operator Manager to the other ParticipantParticipants, including a Development Program and Budget or an Expansion Program and Budget, the Operator Manager shall call provide Notice of a meeting of the Management Committee to consider the same. The Management Committee shall adopt the Program and Budget, with such modifications, if any, as it deems necessary, or reject the same and require a new submission from the OperatorManager.
Appears in 1 contract
Samples: Joint Venture Agreement
Review and Approval of Proposed Programs and Budgets. Within 30 days of the submission of a proposed Program and Budget Budget, prepared pursuant to Section 8.2, by the Operator Manager to the other ParticipantParticipants, the Operator Manager shall call a meeting of the Management Committee to consider the same. The Management Committee shall adopt the Program and Budget, with such modifications, if any, as it deems necessary, or reject the same and require a new submission from the OperatorManager.
Appears in 1 contract
Samples: Option Agreement
Review and Approval of Proposed Programs and Budgets. Within 30 days of the submission of a proposed Program and Budget by the Operator Manager to the other ParticipantParticipants, the Operator Manager shall call a meeting of the Management Committee to consider the same. The Management Committee shall adopt the Program and Budget, with such modifications, if any, as it deems necessary, or reject the same and require a new submission from the OperatorManager.
Appears in 1 contract
Samples: Option Agreement (Radius Gold Inc.)