Continuing Authority. On termination of the Venture under Sections 6.9, 11.1, 11.2 or 11.3, the Participant which was the Manager prior to such termination or withdrawal (or the other Participant in the event of a withdrawal by the Manager) shall have the power and authority to do all things on behalf of both Participants which are reasonably necessary or convenient to:
Appears in 2 contracts
Samples: Venture Agreement (New Jersey Mining Co), Venture Agreement (New Jersey Mining Co)
Continuing Authority. On termination of the Venture under Sections 6.9, 11.1, 11.2 11.2, 11.3 or 11.311.4, the Participant which was the Manager prior to such termination or withdrawal (or the other Participant in the event of a withdrawal by the Manager) shall have the power and authority to do all things on behalf of both Participants which are reasonably necessary or convenient to:
Appears in 1 contract
Continuing Authority. 11.6 On termination of the Venture under Sections 6.9, 11.1, §11.1 or §11.2 or 11.3, the Participant which was the Manager prior to such termination or withdrawal (or the other Participant in the event of a withdrawal by the Manager) shall have the power and authority to do all things on behalf of both Participants which are reasonably necessary or convenient to:
Appears in 1 contract