Acquisitions Within Area of Interest Clause Samples

Acquisitions Within Area of Interest. During the term of this Agreement the acquisition of any right, title or interest in or to any real property, Minerals, Mineral rights, water, water rights, easements, improvements, appurtenances or other assets within the Area of Interest shall be an opportunity solely for MSX and no Party (other than MSX) or its Affiliates (other than MSX) shall, without the prior written consent of all other Parties, acquire any such right, title or interest for its own or any third party's account or benefit. Each of the Parties shall be free to pursue any acquisitions in Minerals, mining concessions or interests therein situated outside of the Area of Interest for its own or any third party's account or benefit, without any obligation to any of the other Parties hereunder.

Acquisitions Within Area of Interest. (a) During the term of this Lease, with respect to any property now owned or hereafter acquired by ▇▇▇▇▇ within the Area of Interest, ▇▇▇▇▇ shall be free to commit such property to agreements with third parties but only after first offering to Tectonic to include hereunder, as part of the Premises, the property proposed to be committed to such an agreement. Tectonic shall have sixty (60) days after receiving such offer in which to accept such offer. ▇▇▇▇▇ shall have an additional one hundred eighty (180) days to commit such property to such an agreement before again having to offer such property to Tectonic hereunder. (b) [Reserved] (c) If Tectonic or any Affiliate of Tectonic (i) now owns any interest in Minerals within the Area of Interest, including any interest in federal or state mining claims or leases; or

Acquisitions Within Area of Interest. 12 6.1 General............................................................... 12 6.2 Notice to Non-Acquiring Member........................................ 12 6.3

Acquisitions Within Area of Interest a.1 General

Acquisitions Within Area of Interest. 9.1 ACQUISITION WITHIN AREA OF INTEREST --------------------------------------- There shall be an Area of Interest (AOI) consisting of one (1) miles beyond the boundary of the MGE Claims as specified in Section 1 and Exhibit "A" and shown on Exhibit "C", whereby WG or its Affiliates (the Acquiring Party) acquiring any Interest, including without limitation, any Metals, minerals, surface or water rights or Metal Interests, Metal Products, Ores within the AOI shall be required to include one hundred percent (100%) of such Interest in the Lands to this Agreement, and made subject to this Agreement under the same terms and conditions as the acquisition of such Metal Interest by the Acquiring Party. If MGE is the Acquiring Party of such Metal Interest in the Area of Interest, such interest shall be required to offer one hundred percent (100%) to WG for the benefit of the Property. If WG does not elect within sixty (60) days of receiving a written notice from MGE to have the Metal Interest and the area or Lands recommended to be included in the Property, MGE shall have the exclusive rights, title and interests to acquire all Interests to the area or Lands recommended and submitted to WG.

Acquisitions Within Area of Interest. 15.1 If during the period commencing on the Commencement of Joint Funding throughout the term of the Agreement, hereinafter called, the Expansion Period, Surgold, acquires any Right of Exploration, Right of Exploitation, or Third Party Rights located wholly or partially within the Area of Interest, such Right of Exploration, Right of Exploitation, or Third Party Rights automatically shall be deemed to have been contributed for use by the Partnership and shall constitute Partnership Rights. If during the Expansion Period any Affiliate of Surgold acquires any Right of Exploration, Right of Exploitation, or Third Party Rights located wholly or partially within the Area of Interest, Surgold as the case may be, shall promptly cause such Right of Exploration, Right of Exploitation, or Third Party Rights to be transferred to Surgold as the case may be, for contribution for use by the Partnership. 15.2 Neither NV 2 nor its Affiliate(s) shall acquire any Right of Exploration, Right of Exploitation, or Third Party Rights either wholly or partially within the Area of Interest. In the event that NV 2 or its Affiliate(s) acquires any Right of Exploration, Right of Exploitation, or Third Party Rights within the Area of Interest, it shall, or it shall immediately cause its Affiliate(s) as the case may be, to offer to transfer such Right of Exploration, Right of Exploitation, or Third Party Rights to Surgold. Surgold may, but shall have no obligation to, accept any such offer. If it accepts such offer, the NV 2 shall transfer, or cause to be transferred, to Surgold such rights for the administrative transfer fee only (which shall be multiplied by Surgold’s Participating Interest), and Surgold shall contribute such rights for use by the Partnership. If Surgold does not accept such offer, the Partnership shall not acquire or be deemed to have acquired any such rights. In no event shall any adjustment to the Participating Interests of any Partner result from or be effected with respect to any Rights of Exploration, Rights of Exploitation or Third Party Rights subject to this Section 15.2, regardless of whether they are transferred to the Partnership. Venture Agreement RoS NV – Suriname Gold Company LLC 35 15.3 Within thirty (30) days after a Notice of intent to acquire any Right of Exploration, Right of Exploitation, or Third Party Rights located wholly or partially within the Area of Interest, the acquiring Partner shall notify the other Partner of such acquisition by it or...

Acquisitions Within Area of Interest. 36 13.1 General . . . . . . . . . . .

Acquisitions Within Area of Interest. 13.1 General Acquisitions within the Area of Interest will be made by the Venture pursuant to an approved Program and Budget. Any interest or right to acquire any interest in any mining claim, licence, lease, grant, concession, permit, patent or other mineral property or surface rights or water rights (collectively, “Acquired Rights”) within the Area of Interest staked or otherwise acquired during the term of this Agreement by or on behalf of a Participant or any Affiliate shall be subject to the terms and provisions of this Agreement.

Acquisitions Within Area of Interest. 10.1 Royal Silver agrees that neither Royal Silver nor its affiliates will acquire any interest or right to acquire any interest in mineral or real property or mining concession within the Area of Interest during the term of this Agreement. Royal Silver Minera Metalin and Metalline agree that any acquisition of mineral, or real property, or mining concession within the Area of Interest shall be done solely by and in the name of Minera Metalin. Any such acquisition shall be subject to the terms of this Agreement and no such acquisition shall be made without approval of the Metalline board. Metalline agrees that neither Metalline, nor its affiliates, except Minera Metalin as set forth above will acquire any interest in mineral property, or real property, or mining concessions within the Area of Interest.