Examples of Option Period in a sentence
Furthermore Amulet will fund the construction and operation of a bulk sample plant and the carrying out of a bulk sample programme at the BK 11 mine during the Option Period to further assess the deposit.
In addition, Amulet will, during the Option Period and, in the event it exercises the Option, from the time it exercises the Option up and until completion of the Disposal, pay the ongoing cost of BK11's care and maintenance programme up to a maximum of US$30,000 per month.
If Amulet exercises the Option during the Option Period, completion of the Disposal is subject to, inter alia, satisfaction of the following conditions within 12 months of the date of the exercise of the Option: • the parties gaining approval from the Botswana Competition Authority; and • the parties obtaining Botswanan ministerial approval for the transfer of the controlling interest in Monak to Amulet.
MILESTONE COMPLETION DEADLINE Substantial Completion Deadline NTP1 plus [●] Days Final Acceptance Deadline Date of Substantial Completion plus 120 Days Notwithstanding the foregoing, if TxDOT issues a DWC NTP after NTP2 and prior to the end of the Option Period, the deadline for Substantial Completion shall be extended one day for every one day elapsed during the period from the date of issuance of NTP2 until the last date on which any DWC NTP is issued during the Option Period.