Common use of Operational Matters Clause in Contracts

Operational Matters. Except as would not, individually or in the aggregate, be reasonably expected to result in a Bullion Material Adverse Effect: (i) all rentals, royalties, overriding royalty interests, production payments, net profits, interest burdens, payments and obligations due and payable, or performable, as the case may be, on or prior to the date hereof under, with respect to, or on account of, any direct or indirect assets of Bullion, its Subsidiaries and its material joint ventures, have been: (A) duly paid; (B) duly performed; or (C) provided for prior for the date hereof; and (ii) all costs, expenses, and Liabilities payable on or prior to the date hereof under the terms of any contracts and agreements to which Bullion or any of its Subsidiaries or material joint ventures is directly or indirectly bound have been properly and timely paid, except for such expenses that are being currently paid prior to delinquency in the ordinary course of business.

Operational Matters. Except as would not, individually or in the aggregate, be reasonably expected to result in a Bullion Material Adverse Effect: (ia) all rentals, royalties, overriding royalty interests, production payments, net profits, interest burdens, payments and obligations due and payable, or performable, as the case may be, on or prior to the date hereof under, with respect to, or on account of, any direct or indirect assets of Bullion, its Subsidiaries Starcore and its material joint venturesthe Starcore Subsidiaries, have been: (A) duly paid; (B) duly performed; or (C) provided for prior for the date hereof; and (iib) all costs, expenses, and Liabilities liabilities payable on or prior to the date hereof under the terms of any contracts and agreements to which Bullion Starcore or any of its the Starcore Subsidiaries or material joint ventures is directly or indirectly bound have been properly and timely paid, except for such expenses that are being currently paid prior to delinquency in the ordinary course of businessOrdinary Course.

Operational Matters. Except as would not, individually or in the aggregate, be reasonably expected to result in have a Bullion Material Adverse Effect: (i) all rentals, royalties, overriding royalty interests, production payments, net profits, interest burdens, payments and obligations due and payable, or performable, as the case may be, on or prior to the date hereof under, with respect to, or on account of, any direct or indirect assets of Bullion, its Subsidiaries the Purchaser and its material joint venturessubsidiaries and affiliates, have been: (A) duly paid; (B) duly performed; or (C) provided for prior for to the date hereof; and (ii) all costs, expenses, and Liabilities liabilities payable on or prior to the date hereof under the terms of any contracts Contracts and agreements to which Bullion the Purchaser or any of its Subsidiaries or material joint ventures subsidiaries and affiliates is directly or indirectly bound have been properly and timely paid, except for such expenses that are being currently paid prior to delinquency in the ordinary course of business.

Operational Matters. Except as would not, individually or in the aggregate, be reasonably expected to result in a Bullion Material Adverse EffectEffect with respect to the Parent: (ia) all rentals, royalties, overriding royalty interests, production payments, net profits, interest burdens, payments and obligations due and payable, or performable, as the case may be, on or prior to the date hereof under, with respect to, or on account of, any direct or indirect assets of Bullion, its Subsidiaries and its material joint venturesthe Parent, have been: (A) duly paid; (B) duly performed; or (C) provided for prior for to the date hereof; and (iib) all costs, expenses, and Liabilities liabilities payable on or prior to the date hereof under the terms of any contracts and agreements to which Bullion or any of its Subsidiaries or material joint ventures the Parent is directly or indirectly bound have been properly and timely paid, except for such expenses that are being currently paid prior to delinquency in the ordinary course of businessOrdinary Course.

Operational Matters. Except as would not, individually or in the aggregate, be reasonably expected to result in a Bullion ▇▇▇▇▇▇▇ Material Adverse Effect: (i) all rentals, royalties, overriding royalty interests, production payments, net profits, interest burdens, payments and obligations due and payable, or performable, as the case may be, on or prior to the date hereof under, with respect to, or on account of, any direct or indirect assets of Bullion, its Subsidiaries ▇▇▇▇▇▇▇ and its material joint ventures, have been: (A) duly paid; (B) duly performed; or (C) provided for prior for to the date hereof; and (ii) all costs, expenses, and Liabilities liabilities payable on or prior to the date hereof under the terms of any contracts and agreements to which Bullion or any of its Subsidiaries ▇▇▇▇▇▇▇ or material joint ventures is directly or indirectly bound have been properly and timely paid, except for such expenses that are being currently paid prior to delinquency in the ordinary course of business.

Operational Matters. Except as would not, individually or in the aggregate, be reasonably expected to result in a Bullion Company Material Adverse Effect: (ia) all rentals, royalties, overriding royalty interests, production payments, net profits, interest burdens, payments and obligations due and payable, or performable, as the case may be, on or prior to the date hereof under, with respect to, or on account of, any direct or indirect assets of Bullion, its Subsidiaries and its material joint ventures, the Company have been: (Ai) duly paid; (Bii) duly performed; or (Ciii) provided for prior for the date hereof; and (iib) all costs, expenses, and Liabilities liabilities payable on or prior to the date hereof under the terms of any contracts and agreements to which Bullion or any of its Subsidiaries or material joint ventures the Company is directly or indirectly bound have been properly and timely paid, except for such expenses that are being currently paid prior to delinquency in the ordinary course of business.

Operational Matters. Except as would not, individually or in the aggregate, be reasonably expected to result in a Bullion Material Adverse Effect: (ia) all rentals, royalties, overriding royalty interests, production payments, net profits, interest burdens, payments and obligations due and payable, or performable, as the case may be, on or prior to the date hereof under, with respect to, or on account of, any direct or indirect assets of Bullion, its Subsidiaries American Consolidated and its material joint venturesSubsidiaries, have been: (A) duly paid; (B) duly performed; or (C) provided for prior for to the date hereof; and (iib) all costs, expenses, and Liabilities liabilities payable on or prior to the date hereof under the terms of any contracts and agreements to which Bullion American Consolidated or any of its Subsidiaries or material joint ventures is directly or indirectly bound have been properly and timely paid, except for such expenses that are being currently paid prior to delinquency in the ordinary course of businessOrdinary Course.

Operational Matters. Except as would not, individually or in the aggregate, be reasonably expected to result in a Bullion Bonterra Material Adverse Effect: (i) all rentals, royalties, overriding royalty interests, production payments, net profits, interest burdens, payments and obligations due and payable, or performable, as the case may be, on or prior to the date hereof under, with respect to, or on account of, any direct or indirect assets of Bullion, its Subsidiaries Bonterra and its material joint ventures, have been: (A) duly paid; (B) duly performed; or (C) provided for prior for the date hereof; and (ii) all costs, expenses, and Liabilities liabilities payable on or prior to the date hereof under the terms of any contracts and agreements to which Bullion or any of its Subsidiaries Bonterra or material joint ventures is directly or indirectly bound have been properly and timely paid, except for such expenses that are being currently paid prior to delinquency in the ordinary course of business.

Operational Matters. Except as would not, individually or in the aggregate, be reasonably expected to result in a Bullion Company Material Adverse Effect: (ia) all rentals, royalties, overriding royalty interests, production payments, net profits, interest burdens, payments and obligations due and payable, or performable, as the case may be, on or prior to the date hereof under, with respect to, or on account of, any direct or indirect assets of Bullion, the Company and its Subsidiaries and its material joint ventures, have been: (Ai) duly paid; (Bii) duly performed; or (Ciii) provided for prior for the date hereof; and (iib) all costs, expenses, and Liabilities liabilities payable on or prior to the date hereof under the terms of any contracts and agreements to which Bullion the Company or any of its Subsidiaries or material joint ventures is directly or indirectly bound have been properly and timely paid, except for such expenses that are being currently paid prior to delinquency in the ordinary course of business.

Operational Matters. Except as would not, individually or in the aggregate, be reasonably expected to result in a Bullion Material Adverse EffectEffect on Carlisle: (i) all rentals, royalties, overriding royalty interests, production payments, net profits, interest burdens, payments and obligations due and payable, or performable, as the case may be, on or prior to the date hereof under, with respect to, or on account of, any direct or indirect assets of Bullion, Carlisle and any of its Subsidiaries and its material joint ventures, have been: (A) duly paid; (B) duly performed; or (C) provided for prior for the date hereof; and (ii) all costs, expenses, and Liabilities liabilities payable on or prior to the date hereof under the terms of any contracts and agreements to which Bullion Carlisle or any of its Subsidiaries or material joint ventures is directly or indirectly bound bound, have been properly and timely paid, except for such expenses that are being currently paid prior to delinquency in the ordinary course of business.

Operational Matters. Except as would not, individually or in the aggregate, be reasonably expected to result in a Bullion Material Adverse EffectEffect with respect to the Purchaser: (ia) all rentals, royalties, overriding royalty interests, production payments, net profits, interest burdens, payments and obligations due and payable, or performable, as the case may be, on or prior to the date hereof under, with respect to, or on account of, any direct or indirect assets of Bullion, its Subsidiaries and its material joint venturesthe Purchaser, have been: (A) duly paid; (B) duly performed; or (C) provided for prior for to the date hereof; and (iib) all costs, expenses, and Liabilities liabilities payable on or prior to the date hereof under the terms of any contracts and agreements to which Bullion or any of its Subsidiaries or material joint ventures the Purchaser is directly or indirectly bound have been properly and timely paid, except for such expenses that are being currently paid prior to delinquency in the ordinary course of businessOrdinary Course.

Operational Matters. Except as would not, individually or in the aggregate, be reasonably expected to result in a Bullion Material Adverse EffectEffect on the Buyer: (i) all rentals, royalties, overriding royalty interests, production payments, net profits, interest burdens, payments and obligations due and payable, or performable, as the case may be, on or prior to the date hereof under, with respect to, or on account of, any direct or indirect assets of Bullion, its Subsidiaries the Buyer and its material joint venturesthe Buyer Material Subsidiaries, have been: (A) duly paid; (B) duly performed; or (C) provided for prior for to the date hereof; and (ii) all costs, expenses, and Liabilities payable on or prior to the date hereof under the terms of any contracts and agreements Material Contracts to which Bullion the Buyer or any of its the Buyer Material Subsidiaries or material joint ventures is directly or indirectly bound have been properly and timely paid, except for such expenses that are being currently paid prior to delinquency in the ordinary course of businesscourse.

Operational Matters. Except as would not, individually or in the aggregate, be reasonably expected to result in a Bullion Material Adverse Effectbe material and adverse: (ia) all rentals, royalties, overriding royalty interests, production payments, net profits, interest burdens, payments and obligations due and payable, or performable, as the case may be, on or prior to the date hereof under, with respect to, or on account of, any direct or indirect assets of Bullion, Brigus and its Subsidiaries and its material joint venturesaffiliates, have been: (A) duly paid; (B) duly performed; or (C) provided for prior for to the date hereof; and (iib) all costs, expenses, and Liabilities liabilities payable on or prior to the date hereof under the terms of any contracts and agreements to which Bullion Brigus or any of its Subsidiaries or material joint ventures and affiliates is directly or indirectly bound have been properly and timely paid, except for such expenses that are being currently paid prior to delinquency in the ordinary course of business.