Common use of Right to Explore and Develop Clause in Contracts

Right to Explore and Develop. Owner grants to 2146281 Ontario, its employees, directors, officers, agents, representatives and contractors, the exclusive right to enter upon the property comprising the Claims for the purpose of exploration, development, mining and such other operations as 2146281 Ontario considers necessary during the Purchase Period, the nature, manner and extent of which operations will be in 2146281 Ontario’s sole discretion.

Appears in 2 contracts

Sources: Project Agreement (Bancroft Uranium, Inc.), Project Agreement (Bancroft Uranium, Inc.)

Right to Explore and Develop. Owner grants to 2146281 Ontario, its employees, directors, officers, agents, representatives and contractors, the exclusive right to enter upon the property comprising the Claims for the purpose of exploration, development, mining and such other operations as 2146281 Ontario considers necessary during the Purchase Option Period, the nature, manner and extent of which operations will be in 2146281 Ontario’s sole discretion.

Appears in 1 contract

Sources: Monmouth Agreement (Bancroft Uranium, Inc.)