Disposition of Assets on Termination. Promptly after termination under Section 8.1, the Manager shall take all action necessary to wind up the activities of the Business. All costs and expenses incurred in connection with the termination of the Business in excess of funds raised from Asset dispositions shall be expenses chargeable to Kazco.
Appears in 2 contracts
Sources: Joint Venture Agreement (Arras Minerals Corp.), Joint Venture Agreement (Silver Bull Resources, Inc.)