Common use of Operations Under Programs and Budgets Clause in Contracts

Operations Under Programs and Budgets. All Operations shall be conducted, expenses shall be incurred, and Assets shall be acquired consistent with adopted Programs and Budgets. Each Program and Budget shall provide for (a) accrual of reasonably anticipated Environmental Compliance expenses for all Operations contemplated under the Program and Budget, and (b) payment of all obligations of the Company under Underlying Agreements.

Appears in 3 contracts

Sources: Limited Liability Company Agreement (Contango ORE, Inc.), Limited Liability Company Agreement, Limited Liability Company Agreement

Operations Under Programs and Budgets. All Operations shall will be conducted, expenses shall will be incurred, and Assets shall will be acquired consistent with adopted Programs and Budgets. Each Program and Budget shall will provide for (a) accrual of reasonably anticipated Environmental Compliance expenses for all Operations contemplated under the Program and Budget, and (b) payment of all obligations of the Company under the Underlying Agreements.

Appears in 1 contract

Sources: Limited Liability Company Agreement (Texas Mineral Resources Corp.)

Operations Under Programs and Budgets. All Except as otherwise provided in this Agreement, Operations shall be conducted, expenses shall be incurred, and Assets shall be acquired consistent with adopted Programs and Budgets. Each Program and Budget shall provide for (a) accrual of reasonably anticipated Environmental Compliance expenses for all Operations contemplated under the Program and Budget, and (b) payment of all obligations of the Company under Underlying Agreements.

Appears in 1 contract

Sources: Operating Agreement (Solitario Exploration & Royalty Corp.)

Operations Under Programs and Budgets. All Operations shall be conducted, expenses shall be incurred, and Assets shall be acquired consistent with adopted Programs and Budgets. Each Program and Budget shall provide for (a) accrual of reasonably anticipated Environmental Compliance expenses for all Operations contemplated under the Program and Budget, and (b) payment of all obligations of the Company under Underlying Agreementsfor the following year.

Appears in 1 contract

Sources: Share Purchase Agreement

Operations Under Programs and Budgets. All Except as otherwise provided in this Agreement, Operations shall be conducted, expenses shall be incurred, and Assets shall be acquired consistent with adopted Programs and Budgets. Each Program and Budget shall provide for (a) accrual of reasonably anticipated Environmental Compliance expenses for all Operations contemplated under the Program and Budget, and (b) payment of all obligations of the Company under the Purchase Agreement and the Underlying Agreements.

Appears in 1 contract

Sources: Limited Liability Company Agreement (Snow Lake Resources Ltd.)

Operations Under Programs and Budgets. All Operations shall be conducted, expenses shall be incurred, and Assets shall be acquired consistent with adopted Programs and Budgets. Each Program and Budget shall provide for for: (a) accrual of reasonably anticipated Environmental Compliance expenses for all Operations contemplated under the Program and Budget, ; and (b) payment of all obligations of the Company under the Underlying AgreementsAgreement.

Appears in 1 contract

Sources: Operating Agreement (Gold Torrent Canada Inc)