TRANSFER OF MINERAL CLAIMS. 9.1 Concurrently with the execution of this Agreement, the Optionor shall deliver to the Optionee duly executed transfers of the Mineral Claims which the Optionee shall be entitled to record at all such places of record as may be appropriate or desirable to effect the legal transfer of the Mineral Claims from the Optionor to the Optionee; provided, that until the Optionee has acquired the right, title and interest of the Optionor in the Mineral Claims pursuant to Section (a), the Optionee shall hold the Mineral Claims subject to the terms of this Agreement, it being understood that the transfer of legal title pursuant to this Section (a) is for administrative convenience only and not a transfer of beneficial interest.
TRANSFER OF MINERAL CLAIMS. (a) Concurrently with the execution of this Agreement, Gorilla shall deliver to Gorilla Minerals duly executed forms of transfer to effect a transfer in respect of the Mineral Claims, which the Gorilla Minerals shall be entitled to record at all such places of record as may be appropriate or desirable to effect the legal transfer of the Mineral Claims from Gorilla to Gorilla Minerals; provided, however that until Gorilla Minerals has made all payments and issued all shares required in order to acquire all right, title and interest in the Mineral Claims from Xxxxxxxx and Xxxxxxxx pursuant to the terms of the Option Agreement, Gorilla Minerals shall hold the Mineral Claims subject to the terms of the Option Agreement, it being understood that the transfer of legal title pursuant to this Section (a) of the Option Agreement is for administrative convenience only and that the beneficial interest in and to the Mineral Claims shall remain with Xxxxxxxx and Xxxxxxxx until all payments and issuances have been completed under the Option Agreement, at which time all beneficial interest in and to the Mineral Claims shall belong and irrevocably be conveyed to Gorilla Minerals as set out in the Xxxx of Sale.
TRANSFER OF MINERAL CLAIMS. Concurrently with the execution of this Agreement, the Optionor shall deliver to the Optionee a Xxxx of Sale of the Claims providing for the transfer of the Claims to an Optionee, which the Optionee shall, at its own cost, be entitled to record with the appropriate government offices provided that the Optionee shall hold its recorded interest in the Claims subject to the terms of this Agreement.
TRANSFER OF MINERAL CLAIMS. Forthwith following execution of this Agreement, Window Rock will transfer to Scott all of its xxxxx, title and interest in the mineral claims listed in Schedule A hereto, and geological and technical data relating thereto. Window Rock will execute and deliver such Bills of Sale as Scott may reasonaxxx xequest to effect such transfer. All costs relating to the transfer, including without limitation the cost of preparing any required Bills of Sale and government transfer fees, will be borne by Scott.
TRANSFER OF MINERAL CLAIMS. Concurrently with the execution of this Agreement, the Seller shall execute or cause to be executed and delivered to the Purchaser, recordable Bills of Sale and other conveyancing documentation in form and content as may be required to effect the transfer of an undivided fifty percent (50%) interest in and to the Mineral Claims, to the Purchaser. Upon acquisition by the Purchaser of its interest in the Mineral Claims as set out in Section 3 above, the Purchaser shall be entitled to record such Bills of Sale at its own cost with the appropriate government office to effect transfer of legal title to the Mineral Claims into the name of the Purchaser.
TRANSFER OF MINERAL CLAIMS. Once legal counsel for each of the Parties have confirmed that all closing deliveries contemplated by Section 3.2 and Section 3.3 other than the Consideration Shares under Section 2.2 have been delivered and are in order, the Buyer shall submit a treasury order to its transfer agent issuing the Consideration Shares and provide evidence of such submission to the Seller. The Buyer shall immediately thereafter submit the transfer(s) of subsurface mineral dispositions to MER for registration of the Mineral Claims in the Buyer's name, and shall provide confirmation of the same to the Seller upon receipt of such confirmation from MER.
