Common use of Installation of Equipment Clause in Contracts

Installation of Equipment. Lessee may install, maintain, replace, and remove during the term of this Agreement any and all mining machinery, equipment, tools, and facilities, which it may desire to use in connection with its mining activities on the Property. Upon termination of this Agreement for any reason, Lessee shall have a period of six (6) months following such termination during which it may remove all or part of the above items at its sole cost and expense. Owner may, at Owner’s discretion, require Lessee to remove all of Lessee’s equipment from the Property upon termination. Any equipment remaining on the Property after six (6) months shall become the property of Owner.

Appears in 2 contracts

Samples: Exploration and Mining Lease (Braeden Valley Mines Inc.), Exploration and Mining Lease (Braeden Valley Mines Inc.)

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Installation of Equipment. Lessee may install, maintain, replace, and remove re-move during the term of this Agreement any and all mining machinery, equipment, tools, and facilities, facilities which it may desire to use in connection with its mining activities on the Property. Upon termination of this Agreement for any reason, Lessee shall have a period of six (6) months following such termination during which it may remove all or part of the above items at its sole cost and expense. Owner may, at Owner’s discretion, require Lessee to remove all of Lessee’s equipment from the Property upon termination. Any equipment remaining on the Property after six (6) months shall become the property of Owner.

Appears in 2 contracts

Samples: Mining Lease (Miranda Gold Corp), Mining Lease With Option to Purchase (Miranda Gold Corp)

Installation of Equipment. Lessee may install, maintain, replace, and remove during the term of this Agreement any and all mining machinery, equipment, tools, and facilities, facilities which it may desire to use in connection with its exploration, development, and mining activities on the Property. Upon termination of this Agreement for any reason, Lessee shall have a period of six (6) months following such termination during which it may remove all or part of the above items at its sole cost and expense. Owner may, at Owner’s 's discretion, require Lessee to remove all of Lessee’s 's equipment from the Property upon termination. Any equipment remaining on the Property after six (6) months shall become the property of Owner.

Appears in 2 contracts

Samples: Mining Lease (MAGELLAN GOLD Corp), Mining Lease (MAGELLAN GOLD Corp)

Installation of Equipment. Lessee may install, maintain, replace, and remove during the term of this Agreement any and all mining machinery, equipment, tools, and facilities, facilities which it may desire to use in connection with its mining activities on the Property. Upon termination of this Agreement for any reason, Lessee shall have a period of six (6) months following such termination during which it may remove all or part of the above items at its sole cost and expense. Owner may, at Owner’s discretion, require Lessee to remove all of Lessee’s equipment from the Property upon termination. Any equipment remaining on the Property after six (6) months shall become the property of Owner.

Appears in 1 contract

Samples: Mining Lease (Miranda Gold Corp)

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Installation of Equipment. Lessee may install, maintain, replace, and remove during the term of this Agreement any and all mining machinery, equipment, tools, and facilities, which facilities that it may desire to use in connection with its mining activities on the Property. Upon termination of this Agreement for any reason, Lessee shall have a period of six (6) months following such termination during which it may remove all or part of the above items at its sole cost and expense. Owner Owners may, at Owner’s Owners’ discretion, require Lessee to remove all of Lessee’s equipment from the Property upon termination. Any equipment remaining on the Property after six (6) months shall become the property of OwnerOwners and may be removed at Lessee’s expense.

Appears in 1 contract

Samples: Mining Lease (Piedmont Mining Company, Inc.)

Installation of Equipment. Lessee may install, maintain, replace, and remove during the term of this Agreement any and all mining machinery, equipment, tools, and facilities, facilities which it may desire to use in connection with its mining activities on the Property. Upon termination of this Agreement for any reason, Lessee shall have a period of six (6) months following such termination during which it may remove all or part of the above items at its sole cost and expense. Owner may, at Owner’s discretion, require Lessee to remove all of Lessee’s 's equipment from the Property upon termination. Any equipment remaining on the Property after six (6) months shall become the property of Owner.

Appears in 1 contract

Samples: Exploration Agreement With Option for Joint Venture (Luna Gold Corp)

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