Royalty Agreements. Any event or circumstance shall occur: (a) which constitutes an event of default (howsoever denominated) under or a breach of any Royalty Agreement by a Borrower; or (b) as a result of which any party to a Royalty Agreement (other than a Borrower) shall be permitted to terminate such Royalty Agreement.
Appears in 2 contracts
Samples: Bridge Finance Facility Agreement (Battle Mountain Gold Exploration Corp.), Bridge Finance Facility Agreement (Royal Gold Inc)
Royalty Agreements. Any event or circumstance shall occur:
(a) which constitutes an event of default (howsoever denominated) under or a breach of the Acquisition Agreement or any Royalty Agreement by a Borroweran Obligor; or
(b) as a result of which any party to the Acquisition Agreement or a Royalty Agreement (other than a Borroweran Obligor) shall be permitted to terminate the Acquisition Agreement or such Royalty Agreement.
Appears in 2 contracts
Samples: Gold Facility Agreement (Battle Mountain Gold Exploration Corp.), Bridge Finance Facility Agreement (Battle Mountain Gold Exploration Corp.)
