Examples of Barrick Parties in a sentence
Immediately after the transfer of the Barrick Contributed Assets and the Newmont Contributed Assets and the Assumption of the Barrick Assumed Liabilities and the Newmont Assumed Liabilities, Barrick shall, and shall cause the other Barrick Parties to, contribute the Barrick Interests to Barrick Holdco in exchange for interests in Barrick Holdco and Newmont shall, and shall cause the other Newmont Parties to, contribute the Newmont Interests to Newmont Holdco in exchange for interests in the Newmont Holdco.
Each of the Barrick Parties has (and, in the case of Barrick Holdco, will have) the corporate power or other organization powers to execute, deliver and perform its obligations under this Agreement and the other Transaction Documents to which it is a party.
For the avoidance of doubt, none of the Barrick Parties shall be obligated to make any changes requested by Newmont if it determines in good faith not to do so.
Subject to Permitted Encumbrances and except as set out in the Barrick Disclosure Letter, immediately before the Time of Closing, the Barrick Parties will be the sole beneficial (and, where its interests are registered, the sole registered) owner, or, in the case of leases or licenses, lessee or licensee, respectively, of all of the Barrick Contributed Assets to be conveyed by it to the JV Company pursuant to this Agreement.
For all Excluded Employees that are not Management Employees, the Newmont Parties shall bear 38.5% of all severance costs and the Barrick Parties shall bear 61.5% of all severance costs.
Pursuant to the MIPA, Bullfrog agreed to purchase from the Barrick Parties, and the Barrick Parties agreed to sell to Bullfrog, all of the patented mining claims, unpatented mining claims, permits, rights-of-way, water rights and operating permits (“Company Assets”) in the Bullfrog mining area.
Provisions which provide the Barrick Parties and its affiliates and Augusta Investments Inc.
Except for the Representations and Warranties, the Acquisition Transaction will be completed on an “as is, where is” basis without recourse and with no residual or continuing liability of the Barrick Parties or any affiliate thereof with respect to the Acquisition Transaction.
The Barrick Parties, or any successor grantee, shall have the right to freely transfer or assign the Royalty Deed.
No amendments will be made to the IRA except with the agreement of each of BFGC, the Barrick Parties and Augusta Investments Inc.