To Construct. Subject to sub‑clauses (2) and (3) of this clause the Company shall by the end of new Hamersley year 7 at a cost of not less than fifty million dollars ($50,000,000) construct (and shall actually commence construction by the end of new Hamersley year 4 and shall progressively continue the construction in accordance with the reasonable requirements of the Minister having regard to the obligation of the Company to complete the construction within the period specified in this sub‑lease) instal provide and do all things necessary to enable it to mine from the mineral lease and to transport by rail to the Company’s wharf and to commence shipment therefrom in commercial quantities at an annual rate of not less than one million (1,000,000) tons of iron ore and without lessening the generality of this provision the Company shall by the end of new Hamersley year 7 —
Appears in 18 contracts
Samples: Iron Ore (Hamersley Range) Agreement, Iron Ore (Hamersley Range) Agreement, Iron Ore (Hamersley Range) Agreement Act 1963
To Construct. Subject to sub‑clauses sub-clauses (2) and (3) of this clause the Company shall by the end of new Hamersley year 7 at a cost of not less than fifty million dollars ($50,000,000) construct (and shall actually commence construction by the end of new Hamersley year 4 and shall progressively continue the construction in accordance with the reasonable requirements of the Minister having regard to the obligation of the Company to complete the construction within the period specified in this sub‑leasesub-lease) instal provide and do all things necessary to enable it to mine from the mineral lease and to transport by rail to the Company’s wharf and to commence shipment therefrom in commercial quantities at an annual rate of not less than one million (1,000,000) tons of iron ore and without lessening the generality of this provision the Company shall by the end of new Hamersley year 7 —
Appears in 14 contracts
Samples: Iron Ore (Hamersley Range) Agreement Act 1963, Iron Ore (Hamersley Range) Agreement, Iron Ore (Hamersley Range) Agreement Act 1963