Surface Access Rights definition
Examples of Surface Access Rights in a sentence
As part of its due diligence investigations, Ivanhoe may, at its own expense, instruct counsel of its choosing to prepare a legal opinion (the "Local Counsel Opinion") pertaining to the status, under the Laws of Mongolia, of the Existing Licenses and the Project Property, the efficacy, under the Laws of Mongolia, of the Surface Access Rights and such other matters of Mongolian Law as Ivanhoe, acting reasonably considers appropriate.
Nothing in this Section 13.5 will be construed to limit Ivanhoe’s ability to exercise the Surface Access Rights.
Nothing in this Section 13.5 will be construed to limit OTLLC’s ability to exercise the Surface Access Rights.
In exercising the Surface Access Rights, Ivanhoe will comply with all applicable laws, rules and regulations and the terms of the Existing Licenses in accordance with generally accepted mining practice and will perform all reclamation and site-remediation work as may be required.
The Surface Access Rights are irrevocable and will survive any termination of the Earn-in Right or, provided that the Minimum Expenditure Commitment has been incurred and the Private Placement has closed, this Agreement.
Under no circumstances will the Surface Access Rights be construed as giving Ivanhoe rights exceeding the rights that Entrée would be entitled to exercise pursuant to the terms of the Existing Licenses or the Subdivided License, as the case may be, or exceeding the rights that Entrée is permitted by applicable law and the terms of the Existing Licenses or the Subdivided License as the case may be to grant to Ivanhoe.
The Company Surface Access Rights and Company Real Property provide sufficient surface rights to permit the Company and its Subsidiaries to access the material Company Mineral Rights.
Nothing in this Section 13.5 will be construed to limit Ivanhoe's ability to exercise the Surface Access Rights.
As part of its due diligence investigations, Barrel may, at its own expense, instruct counsel of its choosing to prepare a legal opinion (the "Local Counsel Opinion") pertaining to the status, under the Laws of Arizona, of the Existing Licenses and the Project Property, the efficacy, under the Laws of Arizona, of the Surface Access Rights and such other matters Barrel considers appropriate.