Common use of Deadlock on Proposed Programs and Budgets Clause in Contracts

Deadlock on Proposed Programs and Budgets. If the Participants, acting through the Management Committee, fail to approve a Program and Budget by the beginning of the period to which the proposed Program and Budget applies, the provisions of Section 8.7 shall apply.

Appears in 3 contracts

Sources: Global Settlement Agreement (Idaho Consolidated Metals Corp), Joint Venture Agreement (Idaho Consolidated Metals Corp), Stillwater West PGM Venture Agreement (Idaho Consolidated Metals Corp)

Deadlock on Proposed Programs and Budgets. If the Participants, acting through the Management Committee, fail to approve a Program and Budget by the beginning of the period to which the proposed Program program and Budget applies, the provisions of Section Sections 8.7 and 12.2 shall apply.

Appears in 2 contracts

Sources: Mining Venture Agreement (Crested Corp), Mining Venture Agreement (Us Energy Corp)

Deadlock on Proposed Programs and Budgets. If the Participants, acting through the Management Committee, fail to approve adopt a Program and Budget by the beginning of the period to which the proposed Program and Budget applies, the provisions of Section 8.7 Sections 8.07 and 12.02 shall apply.

Appears in 1 contract

Sources: Mining Venture Agreement (Teryl Resources Corp)

Deadlock on Proposed Programs and Budgets. If the Participants, acting through the Management Committee, fail to approve a Program and Budget by the beginning of the period to which the proposed Program and Budget applies, the provisions of Section 8.7 Sections 9.7 and 13.2 shall apply.

Appears in 1 contract

Sources: Mining Earn in and Joint Venture Agreement (Pan American Lithium Corp)

Deadlock on Proposed Programs and Budgets. If the Participants, acting through the Management Committee, fail to Committee does not approve a Program and Budget (or any updates to the Initial Program and Budget) by the beginning of the period to which the proposed Program and Budget appliesrelates, the provisions of Section 8.7 7.7 shall apply.

Appears in 1 contract

Sources: Limited Liability Company Agreement (General Moly, Inc)

Deadlock on Proposed Programs and Budgets. If the Participants, acting ------------------------------------------ through the Management Committee, fail to approve a Program and Budget by the beginning of the period to which the proposed Program and Budget applies, the provisions of Section Sections 8.7 and 12.2 shall apply.

Appears in 1 contract

Sources: Mining Venture Agreement (Western Goldfields Inc)

Deadlock on Proposed Programs and Budgets. If the ParticipantsMembers, acting through the Management Committee, fail to approve a Program and Budget by the beginning of the period to which the proposed Program and Budget applies, the provisions of Section Sections 8.7 and 12.1(c) shall apply.

Appears in 1 contract

Sources: Limited Liability Company Agreement

Deadlock on Proposed Programs and Budgets. If the Participants, acting through the Management Committee, fail to approve a Program and Budget by the beginning of the period to which the proposed Program and Budget applies, the provisions of Section 8.7 7.2 shall apply.

Appears in 1 contract

Sources: Mining Venture Agreement (Novagold Resources Inc)

Deadlock on Proposed Programs and Budgets. If the ParticipantsParticipantsMembers, acting through the Management Committee, fail to approve a Program and Budget by the beginning of the period to which the proposed Program and Budget applies, the provisions of Section Sections 8.7 and 12.212.1(c) shall apply.

Appears in 1 contract

Sources: Limited Liability Company Agreement