ADVANCED TERMINATION. By virtue of the subscription of this present agreement, for all legal purposes that may take place, PARTIES expressly convene that, effective as of the date of this present writing, the current duration of any pending obligation between them be terminated in advance in conformity with the CONTRACT and the AGREEMENT inasmuch as the majority of the obligations due it have been honored and satisfactorily complied with, including those of pecuniary nature, and that pending obligations have become not indispensable for the development of the mining project object of the operation.
Appears in 3 contracts
Sources: Termination Settlement and Mutual Discharge Agreement (Tara Gold Resources Corp.), Termination Settlement and Mutual Discharge Agreement (Tara Gold Resources Corp.), Termination Settlement and Mutual Discharge Agreement (Tara Minerals Corp.)