GRANT OF MINING RIGHTS Sample Clauses

GRANT OF MINING RIGHTS. (a) The Government hereby grants to the Company mining rights to ALL that piece of land described in the schedule hereto and more particularly delineated on the Plan attached and shown edged red (hereinafter called “the Lease Area”) together with mines, beds, seams, veins, channels and strata of gold lying and being within and under the surface for a term of four (4) years from the date of this Agreement. Such term shall be renewable from time to time in accordance with the Minerals and Mining Act, 2006, (Act 703);
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GRANT OF MINING RIGHTS. (a) The Government hereby grants to the Company mining rights to ALL that piece of underground described in the schedule herein and more particularly delineated on the Plan attached with the extent shown in blue brackets (hereinafter called "the Lease Area") together with mines, beds, seams veins, channels and strata of gold and associated mineral substances lying below a depth of 200 metres measured from the CENTRAL SHAFT PILLAR 1 with ordinates: X - 84378.45, Y - 148029.06, Z - 49.63, which horizon corresponds with a depth of 150.37 metres below the sea level, to a term of thirty (30) years from the date of this Agreement. The strike of the underground lease extends from the Ankobra shaft to the north to the Tuappim shaft in the south (as indicated by the blue brackets on the plan). Such term shall be renewable from time to time in accordance with the Minerals and Mining Law, 1986 PNDC 153;
Sample 1
GRANT OF MINING RIGHTS. (a) The Government hereby grants to the Company mining rights to ALL that piece of land described in the schedule hereto and more particularly delineated on the Plan attached and shown edged red (hereinafter called “the Lease Area”) together with mines, beds, seams veins, channels and strata of gold lying and being within and under the surface for a term of thirty (30) years from the date of this Agreement. Such term shall be renewable from time to time in accordance with the Minerals and Mining Law, 1986, PNDC. 153; (b) The Government hereby grants to the Company the exclusive rights to work, develop and produce gold in the Lease Area for the said term of thirty (30) years (including, the processing, storing and transportation of ore and materials together with the rights and powers reasonably incidental thereto) subject to the provisions of this Agreement;
Sample 1
GRANT OF MINING RIGHTS. Subject to the provisions of Article I above, Lessor, to the extent that Lessor owns and has the right to do so, hereby grants unto Lessee the right to mine and remove all of the mineable and merchantable coal hereby leased by any mining method, excluding the auger mining method, which will recover not less than eighty percent (80%) of such coal within the entire leased premises, together with all necessary and convenient rights with respect thereto, including but not limited to the following: It is understood and agreed by and between the parties hereto that the Lessee shall make a good faith, reasonable effort, to adopt and implement a mining plan which will recover no less than eighty percent (80%) of the recoverable coal on the leased premises. After having exhausted all reasonable efforts to obtain permits which will accomplish such removal percentages as are required hereunder, the Lessor agrees to consider in good faith alternate plans. In connection with any such reconsideration, Lessee shall be provided with copies of any and all documentation related to the permitting procedure for review by Lessor's Engineers.
Sample 1
GRANT OF MINING RIGHTS a. The authorised mineral the subject of this Mining Lease is gold (hereinafter called “the Mineral”).
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GRANT OF MINING RIGHTS. (a) The Government hereby grants to the Company mining rights to ALL that piece of land described in the schedule hereto and more particularly delineated on the Plan attached and shown edged red (hereinafter called "the Lease Area") together with mines, beds, seams veins, channels and strata of gold and associated mineral substances lying and being within and under the surface to a 200 metre depth from surface which corresponds with a depth of 150.7 metre below the sea level using CENTRAL SHAFT PILLAR 1 with coordinates: X - 84378.45, Y - 148029.06, Z - 49.63 as bench mxxx, for a term of thirty (30) years from the date of this Agreement. Such term shall be renewable from time to time in accordance with the Minerals and Mining Law, 1986, PNDC. 153;
Sample 1
GRANT OF MINING RIGHTS. Subject to the provisions of Article I above, Lessor, to the extent that Lessor owns and has the right to do so, hereby grants unto Lessee the right to use the surface of the demised premises in connection with its mining and removal of any coal in, on, or under the demised premises by any mining method, excluding the auger mining method, which will recover not less than eighty percent (80%) of such coal within the entire leased premises, together with all necessary and convenient rights with respect thereto, including but not limited to the following: It is understood and agreed by and between the parties hereto that the Lessee shall make a good faith, reasonable effort, to adopt and implement a mining plan which will recover no less than eighty percent (80%) of the recoverable coal on the leased premises. After having exhausted all reasonable efforts to obtain permits which will accomplish such removal percentages as are required hereunder, the Lessor agrees to consider in good faith alternate plans. In connection with any such reconsideration, Lessee shall be provided with copies of any and all documentation related to the permitting procedure for review by Lessor's Engineers.
Sample 1
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Related to GRANT OF MINING RIGHTS

  • Grant of Concession Subject to and in accordance with the terms and conditions set forth in this Agreement, the Applicable Laws and the Applicable Permits, the Authority and PLBs hereby grant and authorize the Concessionaire to design, build, finance, operate and transfer (DBFOT) the Project and to exercise and/ or enjoy such rights, powers, benefits, privileges, authorizations and entitlements as set forth in this Agreement (“the Concession”) for a period of 00 ( Xxxxxx Xxxxx) years commencing from the Compliance Date and the concessionaire hereby accepts the concession and agrees to implement the project subject to and in accordance with the terms and conditions set forth herein.

  • Grant of Stock Options This non-qualified Stock Option is granted under and pursuant to the Plan and is subject to each and all of the provisions thereof.

  • Grant of Contract Right In connection with each sale of Additional Loans, VG Funding hereby assigns to Funding all of its rights (but none of its obligations) under, in and to the Original SLM ECFC Purchase Agreement, including all rights of VG Funding to proceed against SLM ECFC with respect to breaches of representations, warranties and covenants with respect to the applicable Additional Loans.

  • Grant of Options The Company hereby grants Optionee the right and option ("Option") to purchase the above described Twenty Million (20,000,000) shares of Common Stock, on the terms and conditions set forth herein and subject to the provisions of the Form S-8 registration statement in exchange for services provided by Employee to the Company, the options shall vest immediately upon the exercise hereof.

  • Grant of Stock Option The Company hereby grants the Employee the Option to purchase all or any part of an aggregate of 50,000 shares of Common Stock (the "Option Shares") on the terms and conditions set forth herein and subject to the provisions of the Plan.

  • Grant of PSUs For valuable consideration, receipt of which is hereby acknowledged, Hovnanian Enterprises, Inc., a Delaware Corporation (the "Company"), hereby grants the target number (“Target Number”) of performance share units ("PSUs") listed above to the Participant, on the terms and conditions hereinafter set forth. This grant is made pursuant to the terms and conditions of the 2020 Company Second Amended and Restated Stock Incentive Plan (the "Plan"), which Plan, as amended from time to time, is incorporated herein by reference and made a part of this Agreement. The actual number of PSUs, if any, that the Participant will be eligible to earn with respect to this Agreement (the “Earned PSUs”), subject to meeting the applicable service and performance vesting requirements, will equal the Target Number multiplied by the applicable “Performance Multiplier” as defined in Exhibit A hereto. Each Earned PSU represents the unfunded, unsecured right of the Participant to receive a Share on the date(s) specified herein. Capitalized terms not otherwise defined herein shall have the same meanings as in the Plan.

  • Grant of SARs Subject to the terms and conditions of the Plan, SARs may be granted to Employees and Consultants at any time and from time to time as shall be determined by the Committee, in its sole discretion. The Committee shall have complete discretion to determine the number of SARs granted to any Participant, provided that during any Fiscal Year, no Participant shall be granted SARs covering more than 500,000 Shares.

  • Grant of the Award Subject to the provisions of this Award Agreement and the Plan, the Company hereby grants to the Participant, an aggregate of <# Shares>(1) restricted shares of Common Stock (the “Restricted Stock”), subject to adjustment as set forth in the Plan.

  • Grant of Option The Corporation hereby grants to Optionee, as of the Grant Date, an option to purchase up to the number of Option Shares specified in the Grant Notice. The Option Shares shall be purchasable from time to time during the option term specified in Paragraph 2 at the Exercise Price.

  • Grant of the Option The Company hereby grants to the Participant the right and option (the “Option”) to purchase, on the terms and conditions hereinafter set forth, all or any part of an aggregate of Shares, subject to adjustment as set forth in the Plan. The purchase price of the Shares subject to the Option shall be $ (the “Option Price”). The Option is intended to be a non-qualified stock option, and is not intended to be treated as an option that complies with Section 422 of the Internal Revenue Code of 1986, as amended.

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