Common use of Certain Development Costs Clause in Contracts

Certain Development Costs. 3.1.1. Within thirty (30) days of the Effective Date, HDP shall make a cash payment of $337,500 (the “HDP Expense Payment”) to DBR, in accordance with wiring instructions provided by DBR to HDP, which HDP Expense Payment shall be used by DBR solely for site improvements and the procurement and installation of related equipment for the Project Mines.

Certain Development Costs. 3.1.1. Within thirty (30) days of the Effective Date, HDP shall make a cash payment of $337,500 [***] (the “HDP Expense Payment”) to DBR, in accordance with wiring instructions provided by DBR to HDP, which HDP Expense Payment shall be used by DBR solely for site improvements and the procurement and installation of related equipment for the Project Mines.