Common use of The Property Clause in Contracts

The Property. 19.1 Title to the Property shall be held in the name of the Operator in trust for the parties in proportion to their respective Interests as adjusted from time to time. Each of the parties shall have the right to receive, forthwith upon making demand therefor from the Operator, such documents as it may reasonably require to confirm its Interest. 19.2 This Agreement, or a memorandum of this Agreement, shall, upon the written request of any party, be recorded in the office of any governmental agency so requested, in order to give notice to third parties of the respective interests of the parties in the Property and this Agreement. Each party hereby covenants and agrees with the requesting party to execute such documents as may be necessary to perfect such recording.

Appears in 6 contracts

Samples: Mining Option Agreement (All American Gold Corp.), Mining Option Agreement (Coastal Pacific Mining Corp), Mining Option Agreement (Pana-Minerales S.A.)

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The Property. 19.1 19.01 Title to the Property shall be held in the name of the Operator in trust for the parties in proportion to their respective Interests as adjusted from time to time. Each of the parties shall have the right to receive, forthwith upon making demand therefor from the Operator, such documents as it may reasonably require to confirm its Interest. 19.2 19.02 This Agreement, or a memorandum of this Agreement, shall, upon the written request of any party, be recorded in the office of any governmental agency so requested, in order to give notice to third parties of the respective interests of the parties in the Property and this Agreement. Each party hereby covenants and agrees with the requesting party to execute such documents as may be necessary to perfect such recording.

Appears in 4 contracts

Samples: Property Option Agreement (Revelstoke Industries, Inc.), Joint Venture Agreement (Baymont Corp), Joint Venture Agreement (Delbrook Corp)

The Property. 19.1 Title to the Property shall be held in the name of the Operator Source solely. Source holds this title in trust for the parties in proportion to their respective Interests as adjusted from time to time. Each of the parties shall have the right to receive, forthwith upon making demand therefor therefore from the Operator, such documents as it may reasonably require to confirm confirming its Interest. 19.2 This Agreement, or a memorandum of this Agreement, shall, upon the written request of any party, shall be maintained by each party but shall not be recorded in the office of any governmental agency so requested, in order to give notice to third parties of the respective interests of the parties in the Property and this Agreementuntil such time as an operating mine is proposed under an agreed feasibility plan. Each party hereby covenants and agrees with the any requesting party to execute such documents as may be necessary confirm current Interest from time to perfect such recordingtime.

Appears in 2 contracts

Samples: Option Agreement (Source Gold Corp.), Joint Venture Agreement (Source Gold Corp.)

The Property. 19.1 23.1 Title to the Property shall will be held in the name of the Operator in trust for the parties Parties in proportion to their respective Interests as adjusted from time to time. Each of the parties shall Parties will have the right to receive, forthwith upon making demand therefor therefore from the Operator, such documents as it may reasonably require to confirm its Interest. 19.2 23.2 This Agreement, or a memorandum of this Agreement, shallwill, upon the written request of any partyParty, be recorded in the office of any governmental agency so requested, in order to give notice to third parties Parties of the respective interests of the parties Parties in the Property and this Agreement. Each party Party hereby covenants and agrees with the requesting party Party to execute such documents as may be necessary to perfect such recording.

Appears in 1 contract

Samples: Option and Joint Venture Agreement (Yellowcake Mining Inc.)

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The Property. 19.1 20.1 Title to the Property shall be held in the name of the Operator in trust for the parties in proportion to their respective Interests as adjusted from time to time. Each of the parties shall have the right to receive, forthwith upon making demand therefor from the Operator, such documents as it may reasonably require to confirm its Interest. 19.2 20.2 This Agreement, or a memorandum of this Agreement, shall, upon the written request of any party, be recorded in the office of any governmental agency so requested, in order to give notice to third parties of the respective interests of the parties in the Property and this Agreement. Each party hereby covenants and agrees with the requesting party to execute such documents as may be necessary to perfect such recording.

Appears in 1 contract

Samples: Joint Venture Agreement (Rubicon Minerals Corp)

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