Rule Against Perpetuities. The Parties do not intend nor desire for this Agreement to violate the common law Rule Against Perpetuities or any analogous statutory provision or any other statutory or common law rule imposing time limits on the vesting or termination of estates in land. If any provision of this Agreement does or would violate the Rule Against Perpetuities or any analogous statutory provision or any other statutory or common law rule imposing time limits on the vesting or termination of estates in land, then this Agreement shall not be deemed void or voidable. but shall be interpreted in such a way as to maintain and carry out the Parties' objectives to the fullest extent possible by law.
Appears in 5 contracts
Samples: Lease Agreement With Option to Purchase (Bonanza Goldfield Corp.), Assignment of Contract (Steele Resources Corp), Assignment of Contract (Steele Resources Corp)
Rule Against Perpetuities. The Parties do not intend nor desire for this Agreement to violate the common law Rule Against Perpetuities or any analogous statutory provision or any other statutory or common law rule imposing time limits on the vesting or termination of estates in land. If any provision of this Agreement does or would violate the Rule Against Perpetuities or any analogous statutory provision or any other statutory or common law rule imposing time limits on the vesting or termination of estates in land, then this Agreement shall not be deemed void or voidable. , but shall be interpreted in such a way as to maintain and carry out the Parties' objectives to the fullest extent possible by law.
Appears in 3 contracts
Samples: Mineral Lease Agreement (Prophecy Development Corp.), Mineral Lease (Prophecy Development Corp.), Mineral Lease Agreement (Newgold Inc)
Rule Against Perpetuities. The Parties do not intend nor desire for this Agreement to violate the common law Rule Against Perpetuities or any analogous statutory provision or any other statutory or common law rule imposing time limits on the vesting or termination of estates in land. If any provision of this Agreement does or would violate the Rule Against Perpetuities or any analogous statutory provision or any other statutory or common law rule imposing time limits on the vesting or termination of estates in land, then this Agreement shall not be deemed void or voidable. , but shall be interpreted in such a way as to maintain and carry out the Parties' ’ objectives to the fullest extent possible by law. .
Appears in 2 contracts
Samples: Mineral Lease Agreement and Option to Purchase (Midway Gold Corp), Mineral Lease Agreement and Option to Purchase (Midway Gold Corp)
Rule Against Perpetuities. The Parties parties do not intend nor desire for this Agreement to violate the common law Rule Against Perpetuities rule against perpetuities or any analogous statutory provision or any other statutory or common law rule imposing time limits on the vesting or termination of estates in landland (the “Rule Against Perpetuities”). If any provision of this Agreement does or would violate the Rule Against Perpetuities or any analogous statutory provision or any other statutory or common law rule imposing time limits on the vesting or termination of estates in landPerpetuities, then this Agreement shall not be deemed void or voidable. , but shall be interpreted in such a way as to maintain and carry out the Parties' parties objectives to the fullest extent possible by law.
Appears in 2 contracts
Samples: Option Agreement (Santa Fe Gold CORP), Option Agreement (Santa Fe Gold CORP)
Rule Against Perpetuities. The Parties do not intend nor desire for this Agreement to violate the common law Rule Against Perpetuities or any analogous statutory provision or any other statutory or common law rule imposing time limits on the vesting or termination of estates in land. If any provision of this Agreement does or would violate the Rule Against Perpetuities or any analogous statutory provision or any other statutory or common law rule imposing time limits on the vesting or termination of estates in land, then this Agreement shall not be deemed void or voidable. , but shall be interpreted in such a way as to maintain and carry out the Parties' objectives to the fullest extent possible by law. .
Appears in 2 contracts
Samples: Mineral Lease Agreement and Option to Purchase (Midway Gold Corp), Mineral Lease Agreement and Option to Purchase (Midway Gold Corp)
Rule Against Perpetuities. The Parties parties do not intend nor desire for this Agreement to violate the common law Rule Against Perpetuities or any analogous statutory provision or any other statutory or common law rule imposing time limits on the vesting or termination of estates in land. If any provision of this Agreement does or would violate the Rule Against Perpetuities or any analogous statutory provision or any other statutory or common law rule imposing time limits on the vesting or termination of estates in land, then this Agreement shall not be deemed void or voidable. , but shall be interpreted in such a way as to maintain and carry out the Parties' parties’ objectives to the fullest extent possible by law.
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Rule Against Perpetuities. The Parties do not intend nor desire for this Agreement to violate the common law Rule Against Perpetuities or any analogous statutory provision or any other statutory or common law rule imposing time limits on the vesting or termination of estates in land. If any provision of this Agreement does or would violate the Rule Against Perpetuities or any analogous statutory provision or any other statutory or common law rule imposing time limits on the vesting or termination of estates in land, then this Agreement shall not be deemed void or voidable. voidable but shall be interpreted in such a way as to maintain and carry out the Parties' objectives to the fullest extent possible by law.. H
Appears in 1 contract
Rule Against Perpetuities. The Parties do not intend nor or desire for this Agreement to violate the common law Rule Against against Perpetuities or any analogous statutory provision or any other statutory or common law rule imposing time limits on the vesting or termination of estates in land. If any provision of this Agreement does or would violate the Rule Against against Perpetuities or any analogous statutory provision or any other statutory or common law rule imposing time limits on the vesting or termination of estates in land, then this Agreement shall not be deemed void or voidable. , but shall be interpreted in such a way as to maintain and carry out the Parties' ’ objectives to the fullest extent possible by law.
Appears in 1 contract