Common use of New Material Clause in Contracts

New Material. New Material transferred from the Manager or Member shall be priced F.O.B. the nearest reputable supply store or railway receiving point, where like Material is available, at the current replacement cost of the same kind of Material, exclusive of any available cash discounts, at the time of the transfer (herein called, “New Price”).

Appears in 2 contracts

Sources: Limited Liability Company Agreement, Limited Liability Company Agreement (General Moly, Inc)

New Material. New Material transferred from the Manager or Member shall be priced F.O.B. the nearest reputable supply store or railway receiving point, where like similar Material is available, at the current replacement cost of the same kind of Material, exclusive of any available cash discounts, at the time of the transfer (herein called, the “New Price”).

Appears in 2 contracts

Sources: Limited Liability Company Agreement (Snow Lake Resources Ltd.), Limited Liability Company Agreement

New Material. New Material transferred from the Manager or Member shall be priced F.O.B. the nearest reputable supply store or railway receiving point, where like similar Material is available, at the current replacement weighted average cost of the same kind of Material, exclusive of any available cash discounts, at the time of the transfer (herein called, the “New Price”).

Appears in 1 contract

Sources: Limited Liability Company Agreement (Contango ORE, Inc.)

New Material. New Material transferred from the Manager or Member Participant shall be priced F.O.B. the nearest reputable supply store or railway receiving point, where like Material is available, at the current replacement cost of the same kind of Material, exclusive of any available cash discounts, at the time of the transfer (herein called, "New Price").

Appears in 1 contract

Sources: Mining Venture Agreement (Novagold Resources Inc)

New Material. New Material transferred from the Manager Provider or Member a Joint Venturer or their Affiliates shall be priced F.O.B. the nearest reputable supply store or railway receiving point, where like Material is available, at the current replacement cost costs of the same kind of Material, exclusive of any available cash discounts, at the time of the transfer (herein called, “called "New Price).

Appears in 1 contract

Sources: Master Agreement (Metalline Mining Co)

New Material. New Material transferred from the Manager or Member Operator shall be priced F.O.B. the nearest reputable supply store or railway receiving point, where like Material is available, at the current replacement cost of the same kind of Material, exclusive of any available cash discounts, at the time of the transfer (herein called, “called "New Price").

Appears in 1 contract

Sources: Subscription & Option Agreement (Fronteer Development Group)

New Material. New Material transferred from the Manager or Member Participant shall be priced F.O.B. the nearest reputable supply store or railway receiving point, where like Material is available, available at the current replacement cost of the same kind of Material, exclusive of any available cash discounts, at the time of the transfer (herein called, “New Price”)Manager's or Participant's cost.

Appears in 1 contract

Sources: Joint Venture Agreement (Sutcliffe Resources Ltd.)

New Material. New Material transferred from the Manager or a Member shall be priced F.O.B. the nearest reputable supply store or railway receiving point, where like similar Material is available, at the current replacement cost of the same kind of Material, exclusive of any available cash discounts, at the time of the transfer (herein called, the “New Price”).

Appears in 1 contract

Sources: Operating Agreement (Gold Torrent Canada Inc)

New Material. New Material material transferred from the Manager or Member Participant shall be priced F.O.B. the nearest reputable supply store or railway receiving point, point where like Material material of similar condition or quality is available, at the current replacement cost of the same kind of Materialmaterial, exclusive of any available cash discounts, at the time of the transfer (herein called, “New Price”).

Appears in 1 contract

Sources: Mining Earn in and Joint Venture Agreement (Pan American Lithium Corp)

New Material. New Material transferred from the Manager or Member ------------- Participant shall be priced F.O.B. the nearest reputable supply store or railway receiving point, where like Material is available, at the current replacement cost of the same kind of Material, exclusive of any available cash discounts, at the time of the transfer (herein called, "New Price").

Appears in 1 contract

Sources: Mining Venture Agreement (Western Goldfields Inc)

New Material. New Material transferred from the Manager or Member shall be priced F.O.B. the nearest reputable supply store or railway receiving point, where like Material is available, at the current replacement cost of the same kind of Material, exclusive of any available cash discounts, at the time of the transfer (herein called, "New Price").

Appears in 1 contract

Sources: Operating Agreement (Solitario Exploration & Royalty Corp.)