Option Not Exercised. If the other Member does not give notice of its election to participate within the sixty (60) day period in clause (c), neither such other Member nor the Company shall have any interest in the Covered Real Property, and the Covered Real Property shall not be a part of the Properties or otherwise be subject to this Agreement.
Appears in 2 contracts
Sources: Limited Liability Company Agreement, Limited Liability Company Agreement (Gryphon Gold Corp)
Option Not Exercised. If the other Member does not give notice of its election to participate within the sixty (60) 30 day period in clause (cSection 10.1(c), neither such other Member nor the Company shall will have any interest in the Covered Real Property, and the Covered Real Property shall will not be a part of the Properties or otherwise be subject to this Agreement.
Appears in 2 contracts
Sources: Limited Liability Company Agreement (Texas Mineral Resources Corp.), Limited Liability Company Agreement (Texas Mineral Resources Corp.)
Option Not Exercised. If the other Member does not give notice Notice of its election to participate within the sixty twenty (6020) day period in clause (cSection 10.1(c), neither such other Member nor the Company shall have any interest in the Covered Real Property, and the Covered Real Property shall not be a part of the Properties Claims or otherwise be subject to this Agreement.
Appears in 1 contract
Option Not Exercised. If the other Member does not give notice of its election to participate within the sixty (60) 60 day period in clause (cSection 10.1(c), neither such other Member nor the Company shall have any interest in the Covered Real Property, and the Covered Real Property shall not be a part of the Properties or otherwise be subject to this Agreement.
Appears in 1 contract
Sources: Operating Agreement (Solitario Exploration & Royalty Corp.)
Option Not Exercised. If the other Member does not give notice of its election to participate within the sixty fifteen (6015) day period in clause (cSection 10.1(c), neither such other Member nor the Company shall have any interest in the Covered Real Property, and the Covered Real Property shall not be a part of the Properties or otherwise be subject to this Agreement.
Appears in 1 contract
Sources: Limited Liability Company Agreement
Option Not Exercised. If the other Member does not give notice of its election to participate within the sixty (60) 15-day period in clause (cSection 10.1(c), neither such other Member nor the Company shall have any interest in the Covered Real Property, and the Covered Real Property shall not be a part of the Properties or otherwise be subject to this Agreement.
Appears in 1 contract
Sources: Limited Liability Company Agreement (Contango ORE, Inc.)
Option Not Exercised. If the other Member does not give notice of its election to participate within the sixty twenty (60) day 20)-day period in clause (cSection 10.1(c), neither such other Member nor the Company shall have any interest in the Covered Real Property, and the Covered Real Property shall not be a part of the Properties or otherwise be subject to this Agreement.
Appears in 1 contract
Sources: Limited Liability Company Agreement (Snow Lake Resources Ltd.)