Common use of Minimum Clause in Contracts

Minimum. The AMR payments set forth in this Article 5 shall be due payable only if this Agreement is in effect on any anniversary date. Notwithstanding any partial surrender or termination pursuant to Article 13, in no event shall the AMR payment in any year be less than ten thousand dollars ($10,000.00).

Appears in 6 contracts

Samples: Mining Lease and Agreement (Gold Standard Ventures Corp.), Mining Lease and Agreement (Gold Standard Ventures Corp.), Mining Lease and Agreement (Gold Standard Ventures Corp.)

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Minimum. The AMR payments set forth in this Article 5 shall be due and payable only if this Agreement is in effect on any anniversary date. Notwithstanding any partial surrender or termination pursuant to Article 13, in no event shall the AMR payment in any year be less than ten thousand dollars ($10,000.00).

Appears in 1 contract

Samples: Mining Lease and Agreement (Spartan Gold Ltd.)

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