Common use of Loss of Title Clause in Contracts

Loss of Title. Any failure or loss of title to the Assets, and all costs of defending title, shall be charged to the Business Account, unless such failure or loss is attributable to a breach by a Participant of any covenant or representation or warranty in this Agreement in which case such failure or loss and such costs shall be for the account of such Participant.

Appears in 3 contracts

Samples: In Agreement (Entree Gold Inc), Equity Participation (Entree Gold Inc), In Agreement (Entree Gold Inc)

AutoNDA by SimpleDocs

Loss of Title. Any failure or loss of title to the Assets, and all costs of defending defending, curing or perfecting title, shall be charged to the Business Account, unless such failure or loss is attributable to a breach by a Participant of any covenant or representation or warranty in this Agreement in which case such failure or loss and such costs shall be for the account of such Participant.

Appears in 1 contract

Samples: Members' Agreement (U S Gold Corp)

Loss of Title. Any failure or loss of title to the Assets, and all costs of defending title, shall be charged to the Business Account, unless such failure except that all costs and losses arising out of or loss is attributable resulting from breach of the representations and warranties of USI as to a breach by a Participant of any covenant or representation or warranty in this Agreement in which case such failure or loss and such costs title shall be for the account of such Participantcharged to USI.

Appears in 1 contract

Samples: Improvements Agreement (Americas Gold & Silver Corp)

Loss of Title. Any failure or loss of title to the Assets, and all costs of defending title, shall be charged to the Business Account, unless such failure except that in the event of costs or loss is attributable losses arising out of or resulting from any breach of the representations and warranties of SMMI or ISGC as to a breach by a Participant of any covenant or representation or warranty in this Agreement in which case such failure or loss and title, the breaching Member shall indemnify the non-breaching Member for such costs shall be for the account of such Participantand losses.

Appears in 1 contract

Samples: Limited Liability Company Operating Agreement (Thunder Mountain Gold Inc)

AutoNDA by SimpleDocs

Loss of Title. Any failure or loss of title to the Properties and Assets, and all costs of defending title, shall be charged to the Business Account, unless such failure except that in the event of costs or loss is attributable losses arising out of or resulting from any breach of the representations and warranties of GPXM or Scorpio Gold as to a breach by a Participant of any covenant or representation or warranty in this Agreement in which case such failure or loss and title, the breaching Member shall indemnify the non-breaching Member for such costs shall be for the account of such Participantand losses.

Appears in 1 contract

Samples: Members’ Agreement (Golden Phoenix Minerals Inc)

Loss of Title. Any failure or loss of title to the Assets, and all costs of defending title, shall be charged to the Business Account, unless such failure except that in the event of costs or loss is attributable losses arising from or resulting from any breach of the representations and warranties of WGI or Coolcharm as to a breach by a Participant of any covenant or representation or warranty in this Agreement in which case such failure or loss and title, the breaching Member shall indemnify the non-breaching Member for such costs shall be for the account of such Participantand losses.

Appears in 1 contract

Samples: Members’ Agreement (Western Goldfields Inc)

Time is Money Join Law Insider Premium to draft better contracts faster.