OPTION ONLY. Until the Option is exercised, this is an option only and except as specifically provided otherwise, nothing herein contained shall be construed as obligating [Placer] to do any acts or make any payments hereunder and any act or acts or payments made hereunder shall not be construed as obligating [Placer] to do any further acts or make any further payments.
Appears in 4 contracts
Sources: Mineral Rights Option Agreement (Placer Del Mar, Ltd.), Mineral Rights Option Agreement (Placer Del Mar, Ltd.), Mineral Rights Option Agreement (Placer Del Mar, Ltd.)
OPTION ONLY. Until the Option is exercised, this is an option only and except as specifically provided otherwise, nothing herein contained shall be construed as obligating [Placer] Cameo to do any acts or make any payments hereunder and any act or acts or payments made hereunder shall not be construed as obligating [Placer] Cameo to do any further acts or make any further payments.
Appears in 1 contract
Sources: Mineral Property Option Agreement