Common use of Non-Extension Clause in Contracts

Non-Extension. The Option A Exercise Period , the Option B Exercise Period and the Option C Exercise Period will not be extended for any reason including REP’s inability to conduct additional inspections and review so long as such inability is not the result, directly or indirectly, of the failure by the SMP Parties to perform their obligations under this Agreement.

Appears in 1 contract

Sources: Purchase Option Agreement (Hanover Gold Co Inc)

Non-Extension. The Option A Exercise Period , and the Option B Exercise Period and the Option C Exercise Period will not be extended for any reason including REPRER’s inability to conduct additional inspections and review so long as such inability is not the result, directly or indirectly, of the failure by the SMP Parties to perform their obligations under this Agreement.

Appears in 1 contract

Sources: Purchase Option Agreement (Rock Energy Resources, Inc.)

Non-Extension. The Option A Exercise Period , the Option B I Exercise Period and the Option C II Exercise Period will not be extended for any reason including REP’s inability to conduct additional inspections and review so long as such inability is not the result, directly or indirectly, of the failure by the SMP Parties to perform their obligations under this Agreement.

Appears in 1 contract

Sources: Purchase Option Agreement (Hanover Gold Co Inc)