Common use of Option Not Exercised Clause in Contracts

Option Not Exercised. If the other Member does not give such notice within the 30 days period set forth in Section 9.3, neither such Member nor the Company shall have any interest in the acquired interest and the acquired interest shall not be part of the Properties or the Mining Rights or otherwise be subject to this Agreement.

Appears in 1 contract

Sources: Asset Purchase Agreement (Kinross Gold Corp)

Option Not Exercised. If the other Member ParticipantMember does not give such notice within the 30 days day period set forth in Section 9.313.3, neither itneither such Member nor the Company shall have any noany interest in the acquired interest interest, and the acquired interest shall not be a part of the Properties or the Mining Rights 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 such notice within the 30 days fifteen (15) day period set forth in Section 9.312.3, neither such Member nor the Company shall have any interest in the acquired interest interest, and the acquired interest shall not be a part of the Properties or the Mining Rights or otherwise be subject to this Agreement.. AMENDED AND RESTATED LLC AGREEMENT OF EUREKA MOLY, LLC – Page 44

Appears in 1 contract

Sources: Limited Liability Company Agreement (General Moly, Inc)

Option Not Exercised. If the other Member does not give its notice to elect to cause the Company to accept such notice proportionate interest within the 30 days 45-day period set forth in Section 9.314.3, neither such Member nor the Company shall have any no interest in the acquired interest interest, and the acquired interest shall not be a part of the Properties Property or the Mining Rights or otherwise be subject to this Agreement.

Appears in 1 contract

Sources: Limited Liability Company Agreement (Minera Andes Inc /Wa)

Option Not Exercised. If the other Member does not give such notice within the 30 days day period set forth in Section 9.313.3, neither such Member nor the Company shall have any interest in the acquired interest interest, and the acquired interest shall not be a part of the Properties or the Mining Rights 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 such notice within the 30 days ninety (90) day period set forth in Section 9.313.3, neither such Member nor the Company shall have any interest in the acquired interest interest, and the acquired interest shall not be a part of the Properties or the Mining Rights 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 such notice Notice within the 30 days thirty (30) day period set forth in Section 9.313.3, neither such Member nor the Company shall have any interest in the acquired interest interest, and the acquired interest shall not be a part of the Properties or the Mining Rights or otherwise be subject to this Agreement.

Appears in 1 contract

Sources: Limited Liability Company Agreement (Novagold Resources Inc)