RIGHT TO ABANDON PROPERTY INTERESTS. Placer, at its sole discretion, may abandon all interests and cease mineral exploration and mining work in the interests of the Property at any time through written notice to Mr. Almarez. Upon receipt of such notice, Mr. Almarez may request thxx Xxxxxx xransfer title to such interests xx Xx. Xxxarez, and Placer hereby agrees to do so, and upon expiry of xxx 00 xxxx, or upon the earlier transfer thereof, such interests shall cease to be part of the Property.
Appears in 1 contract
Samples: Mineral Rights Revenue Sharing Agreement (Placer Del Mar, Ltd.)
RIGHT TO ABANDON PROPERTY INTERESTS. Placer, at its sole discretion, may abandon all interests and cease mineral exploration and mining work in the interests of the Property at any time through written notice to Mr. Almarez. Upon receipt of such notice, Mr. Almarez may request thxx Xxxxxx xransfer title to such interests xx Xx. Xxxarez, and Placer hereby agrees to do so, and upon expiry of xxx txx 00 xxxx, or upon the earlier transfer thereof, such interests shall cease to be part of the Property.
Appears in 1 contract
RIGHT TO ABANDON PROPERTY INTERESTS. Placer, at its sole discretion, may abandon all interests and cease mineral exploration and mining work in the interests of the Property at any time through written notice to Mr. Almarez. Upon receipt of such notice, Mr. Almarez may request thxx that Xxxxxx xransfer xxxnsfer title to such interests xx tx Xx. XxxarezXxxxxez, and Placer hereby agrees to do so, and upon expiry of xxx thx 00 xxxx, or upon the earlier transfer thereof, such interests shall cease to be part of the Property.
Appears in 1 contract
Samples: Mineral Rights Revenue Sharing Agreement (Placer Del Mar, Ltd.)
RIGHT TO ABANDON PROPERTY INTERESTS. Placer, at its sole discretion, may abandon all interests and cease mineral exploration and mining work in the such interests of the Property at any time through written notice to Mr. Almarez. Upon receipt of such notice, Mr. Almarez may request thxx that Xxxxxx xransfer xxxnsfer title to such interests xx tx Xx. XxxarezXxxxxez, and Placer hereby agrees to do so, and upon expiry of xxx the 00 xxxx, or xr upon the earlier transfer thereof, such interests shall cease to be part of the Property.
Appears in 1 contract
Samples: Mineral Rights Revenue Sharing Agreement (Placer Del Mar, Ltd.)