Common use of Other Operational Matters Clause in Contracts

Other Operational Matters. Except as would not reasonably be expected to have a Material Adverse Effect on AuRico: (i) any and all operations of AuRico and each of the AuRico Subsidiaries and, to the knowledge of AuRico, any and all operations by third parties, on or in respect of the assets and properties of AuRico and the AuRico Subsidiaries, have been conducted in accordance with reasonable and prudent international mining industry practices and in material compliance with applicable Laws; and (ii) in respect of the assets and properties of each of AuRico and the AuRico Subsidiaries that are operated by it, if any, AuRico and the AuRico Subsidiaries hold all valid licences, permits and similar rights and privileges that are required and necessary under applicable Laws to operate the assets and properties of AuRico and the AuRico Subsidiaries, as the case may be, as presently operated.

Appears in 2 contracts

Sources: Arrangement Agreement (AuRico Gold Inc.), Arrangement Agreement (Northgate Minerals CORP)

Other Operational Matters. Except as would not reasonably be expected to have a Material Adverse Effect on AuRico: (i) any and all operations of AuRico and each of the AuRico Subsidiaries and, to the knowledge of AuRico, any and all operations by third parties, on or in respect of the assets and properties of AuRico and the AuRico Subsidiaries, have been conducted in accordance with reasonable and prudent international mining industry practices and in material compliance with applicable Laws; and (ii) in respect of the assets and properties of each of AuRico and the AuRico Subsidiaries that are operated by it, if any, AuRico and the AuRico Subsidiaries hold all valid licences, permits and similar rights and privileges that are required and necessary under applicable Laws to operate the assets and properties of AuRico and the AuRico Subsidiaries, as the case may be, as presently operated.

Appears in 1 contract

Sources: Arrangement Agreement (Alamos Gold Inc)