Commencement of Program. If the Participants elect to contribute their respective Cost Share of a Program, or if a Participant gives notice that it will contribute all expenditures under a Program, the Operator will proceed with the Program.
Appears in 2 contracts
Sources: Joint Venture Agreement (Silver Dragon Resources, Inc.), Option Agreement (Candev Resource Exploration, Inc.)
Commencement of Program. If the Participants elect to contribute their respective Cost Share of a Program, or if a Participant gives notice that it will contribute all expenditures under a Program, the Operator will shall be instructed to proceed with the Program.
Appears in 1 contract