Common use of Obligations relating to an Owner Clause in Contracts

Obligations relating to an Owner. Subject to the provisions of this Agreement, the Mine Operator shall be declared as Owner of the Mines by the Authority for the purposes of the Mines Act, 1952. All the responsibilities and duties of the Owner of the Mines in conformity with the provisions of the Applicable Laws, shall be performed by the Mine Operator. For the avoidance of doubt and without prejudice to Mine Operator’s obligation to comply with Applicable Laws, the Parties expressly acknowledge and agree that for discharging its obligations under the Mines Act, 1952, the Authority may from time to time give directions to the Mine Operator for compliance with the provisions of the Mines Act, 1952 and the Mine Operator agrees and undertakes to abide by such directions at all times. In case the Authority makes any payment to the Government towards statutory obligations of the Owner as per the Act, then the Mine Operator undertake to indemnify and reimburse the Authority of any such statutory payments, fines, penalty, losses, compensation, damages etc.

Obligations relating to an Owner. Subject to the provisions of this Agreement, the Mine Operator shall be declared as Owner of the Mines by the Authority for the purposes of the Mines Act, 1952. All the responsibilities and duties of the Owner of the Mines in conformity with the provisions of the Applicable Laws, shall be performed by the Mine Operator. For the avoidance of doubt and without prejudice to Mine Operator’s obligation to comply with Applicable Laws, the Parties expressly acknowledge and agree that for discharging its obligations under the Mines Act▇▇▇▇▇ ▇▇▇, 1952▇▇▇▇, the Authority may from time to time give directions to the Mine Operator for compliance with the provisions of the Mines Act, 1952 and the Mine Operator agrees and undertakes to abide by such directions at all times. In case the Authority makes any payment to the Government towards statutory obligations of the Owner as per the Act, then the Mine Operator undertake to indemnify and reimburse the Authority of any such statutory payments, fines, penalty, losses, compensation, damages etc.