Mining Companies definition
Examples of Mining Companies in a sentence
In relation to the buying and selling of Shares mentioned in the Fifth Clause above, the stock ownership in each one of the Legal Mining Companies stated in the Second Clause of this instrument, has been established as follows: /a/ Legal Mining Company LITIO 1 DE LA SIERRA HOYADA DE MARICUNGA: MINERA LI ENERGY SpA, with 60 shares; Mr. ▇▇▇▇▇▇▇ de ▇▇▇ ▇▇▇▇▇▇▇▇▇, with 4 shares; ▇▇.
Li Energy commits itself to, for the purpose of the financing of the expenses stated in the letter herein, to pay in the coffers of the Legal Mining Companies the amount aforementioned, within a maximum period of 180 days, all this according to the provisions in the article 195 of the Mining Code of the Republic of Chile.
The Purchase Price due the Mining Companies and the Royalty due Hi-Tech shall not be reduced by any sum whatsoever, including but not limited to taxes, whether sales, use, ad valorum or otherwise, fees or other obligations, including royalties or payments to third parties (all of which shall be the obligation of VitroCo).
The Mining Companies agree that if this MOU is terminated, notwithstanding such termination, costs authorized by the Trustees and the Mining Companies and incurred by any Party, except EPA, in fulfilling such Parties’ commitments under this MOU shall be considered part of the overall costs of a natural resource damage assessment for the Upper Arkansas River Basin.
All Purchase Price and Royalty Payments first becoming due and payable after the end of the calendar quarter in which the Positive Net Cash Flow test is satisfied shall be timely paid by VitroCo to the Mining Companies and Hi-Tech, as the case may be, as otherwise provided in this paragraph 3.
The Mining Companies currently have the right to declare VitroCo to be in default under the Mining Contracts.
Mining Companies warrant that they have the full legal authority to enter into the covenants created by this Agreement and contained in the Coal Sterilization Agreement and to bind and commit fully the relevant property interests and that no other person is required or necessary to execute the Coal Sterilization Agreement to give it full effect.
This Agreement applies to and binds Mining Companies and Pipeline Operators and their successors and assigns and any other party controlling or controlled by, or claiming by, through or under, them.
The plan will be implemented as directed by the Trustees and the Mining Companies.
Mining Companies, and their successors and assigns, shall not mine or remove any coal or other material from the Restricted Mining Area, or to otherwise deprive the Property of subjacent and lateral support within the Restricted Mining Area.