Common use of Exception to Assignment Clause in Contracts

Exception to Assignment. This Assignment shall and does except from its operation the rights of Assignor now existing or hereafter arising pursuant to the Purchase Agreement or pursuant to that certain Rio Tinto Production Royalty Deed of even date herewith, which Rio Tinto Production Royalty Deed reserves to Assignor certain royalty rights with respect to the land within the Area of Interest and is recorded concurrently herewith.

Exception to Assignment. This Assignment shall and does except from its operation the rights of Assignor now existing or hereafter arising pursuant to the Purchase Agreement or and pursuant to that certain Rio Tinto Production Royalty Deed of even date herewith, which Rio Tinto Production Royalty Deed reserves to Assignor certain royalty rights with respect to the land within the Area of Interest and is recorded concurrently herewith.