Specific Duties and Obligations of Operator. Unless Anadolun obtains the approval of the Project Team to the contrary, Anadolun will have the following specific duties and obligations: (a) to prepare and submit to the Project Team draft work programs, exploration programs and operating plans; (b) subject to any specific provision of this Lease (including subsections 5.8(c) and 6.5(c)), to implement, using such contractors, if any, as Anadolun deems appropriate, all work programs, exploration programs and operating plans approved by the Project Team; (c) to pay all expenses properly incurred promptly as and when due in accordance with the Expenditure Budget; to comply with the provisions of all agreements or instruments of title and the License under which the Karasu Property or Assets are held; (d) to perform such assessment work or make payments in lieu thereof and pay such rentals, maintenance fees, taxes or other payments from Expenditure Budget and do all such other things as may be necessary to maintain the Karasu Property and the License in good standing, including, without limitation, staking, restaking, and surveying mining claims, and applying for licenses, leases, grants, concessions, permits, patents and other rights to and interests in the Minerals; (e) to perform its duties and obligations hereunder in a sound and workmanlike manner, in accordance with sound mining and engineering practices and in compliance with all Laws; and (f) to prosecute claims or, where a defense is available, defend litigation arising out of the Operations.
Appears in 1 contract
Sources: Lease and Operating Agreement (Texada Ventures Inc)
Specific Duties and Obligations of Operator. Unless Anadolun Karasu obtains the approval of the Project Team to the contrary, Anadolun Karasu will have the following specific duties and obligations:
(a) to prepare and submit to the Project Team draft work programs, exploration programs and operating plans;
(b) subject to any specific provision of this Lease (including subsections 5.8(c) and 6.5(c)), to implement, using such contractors, if any, as Anadolun Karasu deems appropriate, all work programs, exploration programs and operating plans approved by the Project Team;
(c) to pay all expenses properly incurred promptly as and when due in accordance with the Expenditure Budget; to comply with the provisions of all agreements or instruments of title and the License under which the Karasu Property or Assets are held;
(d) to perform such assessment work or make payments in lieu thereof and pay such rentals, maintenance fees, taxes or other payments from Expenditure Budget and do all such other things as may be necessary to maintain the Karasu Property and the License in good standing, including, without limitation, staking, restaking, and surveying mining claims, and applying for licenses, leases, grants, concessions, permits, patents and other rights to and interests in the Minerals;
(e) to perform its duties and obligations hereunder in a sound and workmanlike manner, in accordance with sound mining and engineering practices and in compliance with all Laws; and
(f) to prosecute claims or, where a defense is available, defend litigation arising out of the Operations.
Appears in 1 contract
Sources: Lease and Operating Agreement (Black Sea Metals, Inc.)
Specific Duties and Obligations of Operator. Unless Anadolun the Operator obtains the approval of the Project Team to the contrary, Anadolun the Operator will have the following specific duties and obligations:
(a) to prepare and submit to the Project Team draft work programs, exploration programs and operating plans;
(b) subject to any specific provision of this Lease Agreement (including subsections 5.8(c) and 6.5(cSubsection 5.1(g)), to implement, using such contractors, if any, as Anadolun the Operator deems appropriate, all work programs, exploration programs and operating plans approved by the Project Team;
(c) to pay all expenses properly incurred promptly as and when due in accordance with the Expenditure Budget; ;
(d) to comply with the provisions of all agreements or instruments of title and the License under which the Karasu Property Properties or Assets are held;
(de) to perform such assessment work or make payments in lieu thereof and pay such rentals, maintenance fees, taxes or other payments from Expenditure Budget and do all such other things as may be necessary to maintain the Karasu Property and the License Properties in good standing, including, without limitation, staking, restaking, and surveying mining claims, and applying for licenseslicences, leases, grants, concessions, permits, patents and other rights to and interests in the Minerals;
(ef) to perform its duties and obligations hereunder in a sound and workmanlike manner, in accordance with sound mining and engineering practices and in compliance with all Applicable Laws; and
(fg) to prosecute claims or, where a defense is available, defend litigation arising out of the Operations.
Appears in 1 contract
Sources: Option Agreement (Gryphon Gold Corp)