Common use of No Implied Covenants Clause in Contracts

No Implied Covenants. It is expressly understood and agreed that no implied covenant or condition whatsoever shall be read into this Agreement relating to Exploration, Development, Mining, production or marketing or to any obligation of the Members hereunder, or to the time therefor or the measure of diligence thereof. Notwithstanding the foregoing, each Member and Parent agrees that it shall act in good faith, and shall cause an Affiliate acting in its stead as Operating Member pursuant to Section 4.1(c) to act in good faith, in the performance of such Member’s obligations pursuant to the provisions of this Agreement.

Appears in 5 contracts

Samples: Operating Agreement (Barrick Gold Corp), Operating Agreement (Newmont Mining Corp /De/), Limited Liability Company Agreement (Newmont Goldcorp Corp /De/)

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