Common use of PRIORITY OF THIRD PARTY FUNDING Clause in Contracts

PRIORITY OF THIRD PARTY FUNDING. The parties agree that wherever feasible, priority will be given to funding Operations by negotiated joint ventures with third parties, in particular major mining companies, or debt, or other appropriate mechanisms which may be recommended by investment counsel. All parties shall be involved in any negotiations and shall adopt reasonable positions in good faith.

Appears in 3 contracts

Sources: Joint Venture Agreement (Southern Energy Company, Inc.), Joint Venture Agreement (Siga Resources Inc.), Joint Venture Agreement (Siga Resources Inc.)