Exploration Activities Sample Clauses

Exploration Activities. All mineral exploration activities on the properties of the Company, any Subsidiary or to the Company's knowledge, any Joint Venture Entity have been conducted in all material respects in accordance with good mining and engineering practices and all applicable workers' compensation and health and safety and workplace laws, regulations and policies have been duly complied with except where the failure to so conduct operations could not reasonably be expected to have a Material Adverse Effect.
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Exploration Activities. The Company shall commence Exploration Activities within a period of two months after the Effective Date in accordance with the time schedule stipulated in the programme of activities set out in Appendix … (as submitted by licensee) hereto and shall adhere to such time periods or any modification thereto as provided for by this License. The Company shall carry out the programme of activities set out in Appendix … (as submitted by licensee) hereto. In carrying out such activities the Company shall spend in each contract year not less than the amount specified in such programme, or any agreed review thereof, in actual and direct Exploration expenditures. The Company, with the prior written notification of EMRA, may from time to time make such changes in the programme of activities and the expenditures specified therein as may be necessary and prudent in accordance with good mining industry practice; however, such changes shall not affect the minimum limits of expenditures specified in Section 3.0, taking into account the market conditions for gold and associated minerals and other relevant global economic conditions. Not later than 90 days prior to the expiration of each Exploration two-year period from the date on which this License enters into force in accordance with section 2.1 hereof, the Company and EMRA shall jointly undertake a review of the implementation of the plan of work for Exploration under this License. In the light of the review and in case the Company wishes to renew the Exploration period, the Company shall indicate its programme of activities for the following two-year period, including a revised schedule of anticipated yearly expenditures, making such adjustments to its previous programme of activities as are necessary. Appendix 2 hereto shall be adjusted accordingly.
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Exploration Activities. 3.1 General Separate accounts will be maintained for Exploration Costs incurred in respect of Xxxxxxxx Xxxx Xxxxx X xxx Xxxxxxxx Xxxx Xxxxx X and in respect of the Contract Area as defined in the Eastern Minerals COW ("Eastern Area").
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Exploration Activities. (a) Vista shall conduct all exploration and related activities on the Premises in a good and workmanlike manner and in accordance with accepted industry practices. All decisions with respect to the exploration of the Premises shall be made by Vista in its sole discretion.
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Exploration Activities. In case that during the Petroleum Activities, the Contractor determines the possibility to achieve a Discovery outside the appraised areas, the Contractor may submit a request to CNH in order to carry out Exploration activities in accordance with the terms of this Contract.
Sample 1
Exploration Activities. The Company presently plans to expand its operations in more speculative and risky precious metal exploration, in addition to its existing drilling services and equipment maintenance and repair business. Exploration for gold, silver and other precious metals is a highly speculative business, with no assurance that adequate deposits or reserves can be located or that if located, meaningful volumes of ore can be extracted, refined or sold at profitable rates. In addition, the Company's present management has limited experience in acquiring or operating previous metal mining properties.
Sample 1
Exploration Activities. 1. After this Contract is signed but before the establishment of Joint Venture Enterprise and the Exploration Option Agreement, Party B shall have the exclusive right, to conduct such exploration activities that Party B considers necessary and reasonable under the laws and regulations of China. Party B' s rights shall include, but not be limited to: the right to sample, explore, excavate, trench, drill, test, perform environmental studies, take bulk samples, evaluate processing methods (including such as test heap leaching, vat leaching, etc.); Verify existing data, conduct aerial and ground geophysical surveys and other surveys for mines according to China' s laws and regulations. Party B has the right to determine the timing, nature, and extent of exploration in its sole discretion, but Party B shall inform Party A of such exploration activities. During this period of time, Party A shall not either alone or in corporation with a third party apply for a mining license on any part of the Property or Areas of Mutual Interest that is the subject of this Contract
Sample 1
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Exploration Activities. Section 2.28 of the Company Disclosure Schedules sets forth a listing of all exploration and development activities in which the Company or any Subsidiary has elected to participate since June 30, 1999 and with respect to which the Company or any Subsidiary has expended or committed to expend $10,000 or more. The Company has provided Parent with materially true and complete information (to the extent the Company or any Subsidiary has such information in its possession or has access to such information and subject to the qualification that, in the case of such activities where Statex is not the operator, this representation and warranty is made only to the Company's knowledge) regarding the status and results of all such activities, including, without limitation, well logs, results of drill stem tests, production information and other pertinent information.
Sample 1

Related to Exploration Activities

  • Commercialization Activities Within North America, the Parties will use Commercially Reasonable Efforts to Commercialize Licensed Products in the Field. In addition, within North America and subject to Section 2.7.6, the Parties will use Commercially Reasonable Efforts to conduct the Commercialization activities assigned to them pursuant to the Commercialization Plan/Budget, including the performance of detailing in accordance therewith. In conducting the Commercialization activities, the Parties will comply with all Applicable Laws, applicable industry professional standards and compliance policies of Celgene which have been previously furnished to Acceleron, as the same may be updated from time to time and provided to Acceleron. Neither Party shall make any claims or statements with respect to the Licensed Products that are not strictly consistent with the product labeling and the sales and marketing materials approved for use pursuant to the Commercialization Plan/Budget.

  • Development Activities The Development activities referred to in item “b” of paragraph 3.1 include: studies and projects of implementation of the Production facilities; drilling and completion of the Producing and injection xxxxx; and installation of equipment and vessels for extraction, collection, Treatment, storage, and transfer of Oil and Gas. The installation referred to in item “c” includes, but is not limited to, offshore platforms, pipelines, Oil and Gas Treatment plants, equipment and facilities for measurement of the inspected Production, wellhead equipment, production pipes, flow lines, tanks, and other facilities exclusively intended for extraction, as well as oil and gas pipelines for Production Outflow and their respective compressor and pumping stations.

  • Marketing Activities The Borrower will not, and will not permit any of its Subsidiaries to, engage in marketing activities for any Hydrocarbons or enter into any contracts related thereto other than (i) contracts for the sale of Hydrocarbons scheduled or reasonably estimated to be produced from their proved Oil and Gas Properties during the period of such contract, (ii) contracts for the sale of Hydrocarbons scheduled or reasonably estimated to be produced from proved Oil and Gas Properties of third parties during the period of such contract associated with the Oil and Gas Properties of the Borrower and its Subsidiaries that the Borrower or one of its Subsidiaries has the right to market pursuant to joint operating agreements, unitization agreements or other similar contracts that are usual and customary in the oil and gas business and (iii) other contracts for the purchase and/or sale of Hydrocarbons of third parties (A) which have generally offsetting provisions (i.e. corresponding pricing mechanics, delivery dates and points and volumes) such that no “position” is taken and (B) for which appropriate credit support has been taken to alleviate the material credit risks of the counterparty thereto.

  • Activities Except with the prior written consent of the Board, Executive will not during his employment with the Company undertake or engage in any other employment, occupation or business enterprise, other than ones in which Executive is a passive investor. Executive may engage in civic and not-for-profit activities so long as such activities do not materially interfere with the performance of his duties hereunder.

  • Regulatory Activities Beginning on the Effective Date and to the extent UGNX remains the Lead Development Party with respect to a particular territory, subject to and in accordance with the terms and conditions of this Agreement and the requirements of Applicable Laws, UGNX, shall: (a) use Commercially Reasonable Efforts to file (or have filed) all Regulatory Filings with respect to the Licensed Products in the Field in order to obtain Marketing Approvals in each country in the Territory and the European Territory (or to obtain the European Centralized Approval in the European Core Territory) and in order to obtain Pricing and/or Reimbursement Approvals in the Profit Share Territory; (b) respond in a timely fashion to requests for data and information from Regulatory Authorities with respect to the Licensed Products in the Field in the Territory and the European Territory; and (c) meet with officials of the Regulatory Authorities at such times as may be requested by such Regulatory Authorities with respect to the Core Development Activities (“Regulatory Activities”), provided that KHK will have primary responsibility for obtaining, and UGNX shall provide all assistance reasonably requested by KHK, in relation to Pricing and/or Reimbursement Approvals for the Licensed Products in the Field in the European Territory. For the avoidance of doubt, UGNX will be responsible for obtaining, and KHK will provide all assistance reasonably requested by UGNX, in relation to Pricing and/or Reimbursement Approvals, if any, for the Licensed Products in the Field in the Profit Share Territory as part of the UGNX Core Development Activities, it being understood that the costs incurred by UGNX in connection with such activities will be shared equally (50/50). All such Regulatory Activities will be conducted in a manner consistent with the Core Development Plan and coordinated by the JSC in accordance with Article 3. Without limiting the applicability of the foregoing and the remainder of this Article 5, UGNX shall interface with the applicable Regulatory Authority(ies) and, through the JDC, shall keep KHK reasonably informed of all material events and developments occurring in the course of the Regulatory Activities, including scheduled UGNX regulatory strategy discussions and meetings with Regulatory Authorities in the Territory and the European Territory relating to the Licensed Products in the Field.

  • Regulated Activities The Company shall not itself, nor shall it cause, permit or allow the Bank or any other of its Subsidiaries to (i) engage in any business or activity not permitted by all applicable laws and regulations, except where such business or activity would not reasonably be expected to have a Material Adverse Effect on the Company, the Bank and/or such of its Subsidiaries or (ii) make any loan or advance secured by the capital stock of another bank or depository institution, or acquire the capital stock, assets or obligations of or any interest in another bank or depository institution, in each case other than in accordance with applicable laws and regulations and safe and sound banking practices.

  • Development Work The Support Standards do not include development work either (i) on software not licensed from CentralSquare or (ii) development work for enhancements or features that are outside the documented functionality of the Solutions, except such work as may be specifically purchased and outlined in Exhibit 1. CentralSquare retains all Intellectual Property Rights in development work performed and Customer may request consulting and development work from CentralSquare as a separate billable service.

  • Annual Business Plan and Budget As soon as practicable and in any event not later than thirty (30) days after the end of each Fiscal Year, a business plan and operating and capital budget of the Borrower and its Subsidiaries for the ensuing four (4) fiscal quarters, such plan to be prepared in accordance with GAAP and to include, on a quarterly basis, the following: a quarterly operating and capital budget, a projected income statement, statement of cash flows and balance sheet, calculations demonstrating projected compliance with the financial covenants set forth in Section 9.15 and a report containing management’s discussion and analysis of such budget with a reasonable disclosure of the key assumptions and drivers with respect to such budget, accompanied by a certificate from a Responsible Officer of the Borrower to the effect that such budget contains good faith estimates (utilizing assumptions believed to be reasonable at the time of delivery of such budget) of the financial condition and operations of the Borrower and its Subsidiaries for such period.

  • Oil and Gas Operations (a) All wxxxx included in the Oil and Gas Interests of the Company have been drilled and (if completed) completed, operated and produced in accordance with generally accepted oil and gas field practices and in compliance in all respects with applicable oil and gas leases and applicable laws, rules and regulations, except where any failure or violation could not reasonably be expected to have a Material Adverse Effect on the Company; and

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