Common use of Acquisitions Within Area of Interest Clause in Contracts

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.