Exploration and Development Activities Sample Clauses
The 'Exploration and Development Activities' clause defines the rights and obligations of parties regarding the search for and extraction of resources, such as minerals or hydrocarbons, within a specified area. It typically outlines the procedures, timelines, and standards for conducting exploration surveys, drilling, and subsequent development operations, often requiring compliance with regulatory approvals and environmental safeguards. This clause ensures that both parties understand the scope and limitations of permitted activities, thereby minimizing disputes and clarifying responsibilities during resource development projects.
Exploration and Development Activities. To the knowledge of the Corporation:
(i) all assessments or other work required to be performed within the areas covered by the Mining Claims in order to maintain the Corporation's interests therein have been performed to date and the Corporation has complied in all material respects with all applicable Laws in this regard, as well as with regard to legal, contractual obligations to third parties in this regard except for any non-compliance that would not, either individually or in the aggregate, have a Material Adverse Effect;
(ii) there are no expropriations or similar proceedings against any property in which the Corporation has a direct or indirect economic interest or any related mining claim; and
(iii) all exploration and development activities conducted on premises in which the Corporation has a direct or indirect economic interest have been conducted in all respects in accordance with good mining and engineering practices and all applicable workers' compensation and health and safety and workplace Laws have been duly complied with, except where the failure to so conduct operations would not reasonably be expected to have a Material Adverse Effect.
Exploration and Development Activities i. All assessments or other work required to be performed within the areas comprising the Homestake Property in order to maintain the Purchased Corporations' interest therein have been performed to date and the Purchased Corporations have complied in all material respects with all Applicable Laws in this regard, as well as with regard to legal, contractual obligations to third parties.
ii. There are no expropriations or similar proceedings against any proper in which Homestake has a direct or indirect economic interest or any related mining claim.
iii. All exploration and development activities conducted on premises in which Homestake has a direct or indirect economic interest have been conducted in all respects in accordance with good mining and engineering practices and all applicable workers' compensation and health and safety and workplace Laws have been duly complied with.
Exploration and Development Activities. Subject to Article 3(a), the University and La Teko agree that, during the Option Period or until the earlier termination of this Agreement, La Teko shall have the sole and exclusive right, subject to the University's right of access to enter upon the Property, to carry out such prospecting, Exploration, and Development work thereon, therein, and thereunder in the manner end to the extent that La Teko, in its sole discretion subject to Paragraph 11(a), deems advisable. La Teko may bring upon the Property such equipment, buildings, machinery, appliances, and tools as La Teko may deem advisable and remove same. La Teko may remove Minerals from the Property for the purpose of making assays and tests relevant to judging whether a commercial operation is feasible, such as removal of sufficient amounts of material for bulk samples for mill and pilot plant tests and for metallurgical tests of all kinds. La Teko's right to remove Minerals from the Property shall be within the scope of standard industry practices for said activities.
Exploration and Development Activities. All mineral exploration and development activities by the Company or the Material Subsidiaries on the properties of the Company have been conducted in all material respects in accordance with good mining and engineering practices and all applicable workers' compensation and health and safety and workplace laws, regulations and policies have been duly complied with, except where the failure to so conduct operations could not reasonably be expected to have a Material Adverse Effect.
Exploration and Development Activities. To the knowledge of the Corporation:
(i) all assessments or other work required to be performed within the areas covered by the Gibellini Mineral Rights and the Pulacayo Paca Mineral Rights in respect of the Projects have been performed to date and the Corporation and the Corporation Subsidiaries (and the Gibellini Property Lessors and COMIBOL) have complied in all material respects with all applicable Laws in this regard, as well as with regard to legal, contractual obligations to third parties in this regard except for any non-compliance that could not, either individually or in the aggregate, have a Material Adverse Effect;
(ii) there are no expropriations or similar proceedings against any property in which the Corporation has a direct or indirect economic interest or any related mining claim; and
(iii) all exploration and development activities conducted on premises in which the Corporation has a direct or indirect economic interest, including within the areas covered by the Gibellini Mineral Rights and the Pulacayo Paca Mineral Rights, have been conducted in all respects in accordance with good mining and engineering practices and all applicable workers’ compensation and health and safety and workplace Laws have been duly complied with, except where the failure to so conduct operations could not reasonably be expected to have a Material Adverse Effect.
Exploration and Development Activities