SALE OF CLAIMS. The Vendor hereby sells, grants and devises to the Purchaser a 100% undivided right, title and interest in and to the Claims in consideration of the Purchaser paying $6,000 to the Vendor upon execution of this Agreement and the Purchaser granting the Vendor a 3% Net Smelter Interest in all metals and minerals commercially produced from the claims.
SALE OF CLAIMS. 3.1 The Vendor hereby agrees to sell a 100% undivided right, title and interest in and to the Claims in consideration of the Purchaser paying to the Vendor the sum of $3,450 upon execution of this Agreement.
3.2 Upon the receipt of these payments, the Vendor hereby confirms that he will hold the Claims in trust for the Purchaser. Thereafter, upon the request of the Purchaser, the Vendor shall assist the Purchaser to record this Agreement with the appropriate mining recorder and, when required, the Vendor shall further provide the Purchaser with such recordable documents as the Purchaser and its counsel shall require to record its due interest in respect of the Claims.
SALE OF CLAIMS. The Seller hereby sells, grants and devises to the Purchaser a 100% undivided right, title and interest in and to the Claims in consideration of Fifteen Thousand United States Dollars ($15,000) and the Purchaser issuing 500,000 shares of the Purchaser’s common stock to the Seller upon the closing of this Agreement.
SALE OF CLAIMS. The Vendor hereby sells, grants and devises to the Purchaser a 90% undivided right, title and interest in and to the Claims, subject to a 2% net smelter returns royalty, in consideration of the Purchaser paying $7,500 to the Vendor upon the closing of this Agreement.
SALE OF CLAIMS. 3.1 The Vendors hereby sell, grant and devise to Alberta Star a 100% undivided right, title and interest in and to the Claims, subject to a 2% net smelter returns royalty.
(a) paying $30,000 cash; and
(b) issuing 360,000 common shares in its capital to the Vendors, subject to TSX Venture Exchange acceptance for filing.
SALE OF CLAIMS. 3.1 The Vendor hereby agrees to sell a 100% undivided right, title and interest in and to the Claims in consideration of the Purchaser paying to the Vendor the sum of $2,500 to the Purchaser forthwith upon receipt of:
(a) confirmation that the Claims have be staked and recorded; and
(b) a technical report on the Claims prepared by a qualified professional geologist.
3.2 Upon the receipt of this payment, the Vendor hereby confirms that he will hold the Claims in trust for the Purchaser. Thereafter, upon the request of the Purchaser, the Vendor shall assist the Purchaser to record this Agreement with the appropriate mining recorder and, when required, the Vendor shall further provide the Purchaser with such recordable documents as the Purchaser and its counsel shall require to record its due interest in respect of the Claims.
SALE OF CLAIMS. Section 2.01. Sale of the Claims and the WCG Note. On the terms, and subject to the conditions, set forth in this Agreement:
(a) Seller agrees to sell, assign, transfer and deliver to Purchaser on the Closing Date and Purchaser agrees to purchase from Seller on the Closing Date, all of Seller's right, title and interest in and to the Claims against WCG identified as follows:
(i) All Causes of Action of Seller, together with all collateral therefor and proceeds thereof, arising from Seller's guaranty of the obligations of Williams Communications, LLC, a Delaware limited lxxxxxxxx company and a wholly owned Subsidiary of Communications ("WCL"), under the Asset Defeasance Program, the provision of other financial accommodations in connection therewith and the payment of WCL's obligations thereunder pursuant to the agreements set forth on Schedule 2.01(a)(i) (the "ADP Claims"): and (ii) All Causes of Action of Seller, together with all collateral therefor and proceeds thereof, arising from the Pre-Spin Services Agreement (the "Pre-Spin Services Claims").
(b) Seller, in its capacity as agent of the Indenture Trustee under the Trust Note Indenture, agrees to sell, assign, transfer and deliver to Purchaser on the Closing Date and Purchaser agrees to purchase from Seller (in its capacity as agent of the Indenture Trustee under the Trust Note Indenture) on the Closing Date, all of the Issuer's right, title and interest in and to the WCG Note.
SALE OF CLAIMS. 3.1 The Vendor hereby sells, grants and devises to the Purchaser a 100% undivided right, title and interest in and to the Claims in consideration of the Purchaser issuing a total of 500,000 shares (the "Shares") of fully paid, non-assessable common stock to the Vendors as follows: Xxxxx Xxxx: 250,000 shares of common stock Xxxxx X. Xxxx: 250,000 shares of common stock
3.2 The Vendors acknowledge that the Shares are subject to resale restrictions in accordance with applicable securities laws.
3.3 The Company covenants to the Vendors that if it files a prospectus or registration statement in any jurisdiction pursuant to which shares of common stock in the Company's capital will be registered for resale, the Company shall also register the Shares pursuant to such prospectus or registration statement as well.
SALE OF CLAIMS. The Seller hereby sells, grants and devises to the Purchaser a 100% undivided right, title and interest in and to the Claims in consideration of $15,000.00 US Dollars, and a 3% Net Smelter Return interest as described in Appendix “A”.
SALE OF CLAIMS. Section 2.01. Sale of the Claims and the WCG Note.................................7 Section 2.02. Excluded Claims.....................................................8 Section 2.03. Closing Payment.....................................................8 Section 2.04. Closing.............................................................8 Section 2.05.
