AOI Property definition

AOI Property means any interest or right including any Mineral Rights or Other Rights (direct or indirect) in any property which is all or partly within the Area of Interest;
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AOI Property means any property which is all or partly found within the Area of Interest.
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AOI Property has the meaning given in section 14.1;
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Examples of AOI Property in a sentence

  • The Production Royalty payable to Payee shall payable only on production of Valuable Minerals from the Claims and any real property interest within the Area of Interest acquired during the term of the joint venture agreement or LLC operating agreement ("AOI Property), but not production from any other properties adjacent to or in the vicinity of the Claims or within the Area of Interest.

  • With respect to the Claims and the AOI Property, the Payee shall have only the rights and incidents of ownership of a non-executive royalty owner.

  • Payee shall not have any possessory or working interest in the Claims or the AOI Property nor any of the incidents of such interest.

  • Each Member and its Affiliates shall not acquire (either directly or indirectly) any AOI Property during the term of this Agreement without the prior written consent of the other Member or Members.

  • Until the Non-acquiring Party makes its election in accordance with Section 3.1(2) below or the AOI Property is excluded from forming part of the Property in accordance with Section 3.1(3) below, any AOI Property shall be held by the Acquiring Party in trust for the Non-acquiring Party.

  • If the Non-Acquiring Shareholder elects to make the AOI Property part of the Property pursuant to this section 14.2, then the Acquiring Shareholder must promptly thereafter at its cost do all things (including executing and if necessary delivering all documents) necessary or desirable to transfer or facilitate transfer of title to the AOI Property to the Company.

  • In such event the Acquiring Party will be staking the AOI Property subject to the right of the Party who is not the Acquiring Party under this section 10.1 and if a decision is made to stake or acquire the AOI Property pursuant to section 10.2, such AOI Property will become subject to this Agreement and form part of the Property on the basis contemplated by section 10.2.

  • If a decision is made to stake or acquire the AOI Property, then the Parties must use commercially reasonable efforts to acquire or stake such AOI Property which will become subject to this Agreement and form part of the Property.

  • The Acquiring Shareholder’s notice must describe in detail the acquisition, the AOI Property and the mineralization believed to be present within the AOI Property, the cost of the acquisition, and the reasons why the Acquiring Shareholder believes that the acquisition of the AOI Property may be in the best interests of the Company.

  • If the Non-Acquiring Shareholder fails to make an election within the twenty (20) Business Day period referred to in section 14.2, then the AOI Property will not form part of the Property, will thereafter be excluded from the Area of Interest and neither Non-Acquiring Shareholder nor the Company will have any interest in the AOI Property, and the AOI Property will not be a part of the Property or otherwise be subject to this Agreement.


More Definitions of AOI Property

AOI Property means any right, title or interest in any real property, mining right, tenement, concession, exploration permit, application or other similar interest (a) listed in Schedule A, Part 2 or within the external boundaries of any such interest listed in Schedule A, Part 2, or (b) within the external boundaries [Redacted – reference to property claim number], in each case under clause (a) and (b) of this definition:
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Related to AOI Property

  • Mining Property means a property used for mining operations as defined in the Mineral and Petroleum Resources Development Act, 2002 (Act No. 28 of 2002);

  • Subject Property means any premises located in the County on which an energy efficiency improvements, water efficiency improvements, or renewable resource applications are being or have been made and financed through an outstanding PACE loan.

  • Operating Property means any property owned, leased, or operated by the Party in question or by any of its Subsidiaries or in which such Party or Subsidiary holds a security interest or other interest (including an interest in a fiduciary capacity), and, where required by the context, includes the owner or operator of such property, but only with respect to such property.

  • Adjoining Property means all sidewalks, driveways, curbs, gores and vault spaces adjoining any of the Leased Premises.

  • Common Property means any and all real and personal property and easements and other interests therein, together with the facilities and improvements located thereon, now or hereafter owned by the Association for the common use and enjoyment of the Owners.

  • New property means (i) the assessed value, after final

  • School property means in or within any building, structure, athletic playing field, playground, parking lot or land contained within the real property boundary line of a public elementary or secondary school, or in or on a school bus, as defined in Vehicle and Traffic Law §142.

  • Condominium Property means the lands, leaseholds, and personal property that are subjected to condominium ownership, whether or not contiguous, and all improvements thereon and all easements and rights appurtenant thereto intended for use in connection with the condominium.

  • Loan Property means any property in which the applicable party (or a subsidiary of it) holds a security interest and, where required by the context, includes the owner or operator of such property, but only with respect to such property.

  • Release Property has the meaning set forth in Section 2.5.

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  • Unimproved Real Property means Property in which the Company has an equity interest that was not acquired for the purpose of producing rental or other operating income, that has no development or construction in process and for which no development or construction is planned, in good faith, to commence within one (1) year.

  • Adjacent Property means all land adjoining and surrounding the Stadium Site on which will be located any public streets, sidewalks, plazas, or bridges and any public or private parking facilities or other accoutrements to be developed by Authority or other parties in connection with the Project.

  • Project Property means the real property on or for which preconstruction service or construction work is or will be provided.

  • Rental Property means a hotel room, vacation home, or other rental property You booked for Your stay during Your Trip.

  • the Property means the Property more particularly described in Condition 2 of the Conditions of Sale (as defined in 1.6 below);

  • Historic property means any prehistoric or historic site, district, building, object, or other real or personal property of historical, architectural, or archaeological value, and folklife resources. These properties or resources may include, but are not limited to, monuments, memorials, Indian habitations, ceremonial sites, abandoned settlements, sunken or abandoned ships, engineering works, treasure trove, artifacts, or other objects with intrinsic historical or archaeological value, or any part thereof, relating to the history, government, and culture of Florida.

  • Hotel Property means a Property on which there is located an operating hotel.

  • Mortgaged Real Property means (a) each Real Property identified on Schedule 1.01(a) hereto and (b) each Real Property, if any, which shall be subject to a Mortgage delivered after the Original Closing Date pursuant to Section 5.11(d) or pursuant to Section 5.11(d) of the Original Credit Agreement or the Prior Credit Agreement.

  • Real Property Assets means as to any Person as of any time, the real property assets (including, without limitation, interests in participating mortgages in which such Person’s interest therein is characterized as equity according to GAAP) owned directly or indirectly by such Person at such time.

  • Assessed Property means any Parcel within the District against which an Assessment is levied.

  • Subject Properties has the meaning specified in Section 5.13(a).

  • Retail Property means a Property improved with a building or buildings the substantial use of which is retail space, which may include a Property that is part of a Mixed-Use Property.

  • Partnership Property means any property, real, personal or mixed, or any interest therein or appurtenant thereto which may be owned or acquired by the Partnership.

  • The Properties means and refer to all such existing properties, and additions thereto, as are subject to this Declaration or any Supplemental Declaration under the provisions of Article II hereof.

  • Undeveloped Property means all Assessor’s Parcels of Taxable Property which are not Developed Property.