Title and Rights re: Other Assets. Northgate and the Northgate Subsidiaries, as applicable have good and valid title to all material properties and assets other than Northgate Properties and Northgate Mineral Rights (which are addressed elsewhere) reflected in the audited consolidated financial statements for the year ended December 31, 2010 (or acquired after that date) or as described in the annual information form dated March 29, 2011 of Northgate or valid leasehold or license interests in all material properties and assets not reflected in such financial statements but used by Northgate or any of the Northgate Subsidiaries, free and clear of all material Encumbrances other than the Northgate Permitted Encumbrances, and, except as disclosed in the Northgate Disclosure Letter, there are no back-in rights, earn-in rights, purchase options, rights to first refusal or similar provisions or rights which would affect Northgate’s or any of the Northgate Subsidiaries’ interest in any of the foregoing-described material properties and assets.
Appears in 4 contracts
Samples: Support Agreement (Primero Mining Corp), Arrangement Agreement (Primero Mining Corp), Support Agreement (Primero Mining Corp)
