Operational Matters Sample Clauses

Operational Matters. Except as would not, individually or in the aggregate, be reasonably expected to result in a European Goldfields Material Adverse Effect: (i) all rentals, royalties, overriding royalty interests, production payments, net profits, interest burdens, payments and obligations due and payable, or performable, as the case may be, on or prior to the date hereof under, with respect to, or on account of, any direct or indirect assets of European Goldfields, its Subsidiaries and its material joint ventures, have been: (A) duly paid; (B) duly performed; or (C) provided for prior for the date hereof; and (ii) all costs, expenses, and liabilities payable on or prior to the date hereof under the terms of any contracts and agreements to which European Goldfields or any of its Subsidiaries or material joint ventures is directly or indirectly bound have been properly and timely paid, except for such expenses that are being currently paid prior to delinquency in the ordinary course of business.

Operational Matters. All material rentals, royalties (whether statutory or contractual), overriding royalty interests, production payments, net profits, earn-outs, streaming agreements, metal pre-payment or similar agreements, interest burdens, payments and obligations due and payable, or performable, as the case may be, on or prior to the date hereof under, with respect to, or on account of, any direct or indirect assets of the Company and its subsidiaries and affiliates, have been, in all material respects: (i) duly paid; (ii) duly performed; or (iii) provided for prior to the date hereof.

Operational Matters. Except as would not, individually or in the aggregate, be reasonably expected to result in a Material Adverse Effect on Primero: (i) all rentals, royalties, overriding royalty interests, production payments, net profits, interest burdens, payments and obligations due and payable, or performable, as the case may be, on or prior to the date hereof under, with respect to, or on account of, any direct or indirect assets of Primero, any of the Primero Subsidiaries and any of their material joint ventures, have been: (A) duly paid; (B) duly performed; or (C) provided for prior for the date hereof; and (ii) all costs, expenses, and liabilities payable on or prior to the date hereof under the terms of any contracts and agreements to which Primero or any of the Primero Subsidiaries or any of their material joint ventures is directly or indirectly bound, have been properly and timely paid, except for such expenses that are being currently paid prior to delinquency in the ordinary course of business.

Operational Matters. Except as would not, individually or in the aggregate, be reasonably expected to have a Material Adverse Effect with respect to the Offeror: (i) all rentals, royalties, overriding royalty interests, production payments, net profits, interest burdens and other payments due or payable on or prior to the date hereof under or with respect to the direct or indirect assets of the Offeror, its Subsidiaries and its material joint ventures have been properly and timely paid; (ii) all rentals, payments, and obligations due and payable or performable on or prior to the date hereof under or on account of any of the direct or indirect assets of the Offeror, its Subsidiaries and its material joint ventures have been duly paid, performed, or provided for prior to the date hereof; (iii) all: (i) mines where the Offeror or a Subsidiary of the Offeror is operator at the relevant time have been developed in accordance with mining practices and in compliance with all applicable Laws; and (ii) mines located in or on the lands of the Offeror, any Subsidiary or material joint venture, or lands pooled or unitized therewith, which have been abandoned by the Offeror or any Subsidiary or material joint venture of the Offeror, have been abandoned in accordance with good mining practices and in compliance with all applicable Laws; and (iii) all future abandonment, remediation and reclamation obligations have been accurately Disclosed Publicly by the Offeror without omission of information necessary to make the disclosure not misleading; and (iv) all costs, expenses, and liabilities payable on or prior to the date hereof under the terms of any contracts and agreements to which the Offeror or any of its Subsidiaries or material joint ventures is directly or indirectly bound have been properly and timely paid, except for such expenses that are being currently paid prior to delinquency in the ordinary course of business.

Operational Matters. 7.1. The LGB shall comply with the obligations set out in Appendix 2 which deals with the day-to-day operation of, and delegation of responsibilities to, the LGB. 7.2. The LGB will adopt and will comply with all policies of the Directors communicated to the LGB from time to time. 7.3. Both the Directors and all members of the LGB have a duty to act with integrity, objectivity and honesty in the best interests of the Company and the Academy and shall be open about decisions and be prepared to justify those decisions except in so far as any matter may be considered confidential. 7.4. The LGB will review its policies and practices on a regular basis and in accordance with any advice, recommendation or instruction issued by the Directors from time to time in order to ensure that the governance of the Academy is best able to adapt to the changing political and legal environment. 7.5. The LGB shall provide such data and information regarding the business of the Academy and the pupils attending the Academy as the Directors may reasonably require from time to time. 7.6. The LGB shall submit to any inspections by the Directors. 7.7. The LGB shall co-operate with the Directors and shall promptly implement any advice, recommendation or instruction issued by the Directors where intervention is either threatened or is carried out by the Secretary of State and the Directors expressly reserve their unfettered right to review and/or remove any power or responsibility conferred on the LGB under this Scheme in such circumstances.

Operational Matters. Except as would not, individually or in the aggregate, be reasonably expected to result in a Material Adverse Effect with respect to the Company: (a) except as disclosed in Section 3.1(33)(a) of the Company Disclosure Letter, all rentals, royalties, overriding royalty interests, production payments, net profits, interest burdens, payments and obligations due and payable, or performable, as the case may be, on or prior to the date hereof under, with respect to, or on account of, any direct or indirect assets of the Company, have been: (A) duly paid; (B) duly performed; or (C) provided for prior to the date hereof; and (b) except as disclosed in Section 3.1(33)(b) of the Company Disclosure Letter, all costs, expenses, and liabilities payable on or prior to the date hereof under the terms of any contracts and agreements to which the Company is directly or indirectly bound have been properly and timely paid, except for such expenses that are being currently paid prior to delinquency in the Ordinary Course.

Operational Matters. Except as would not, individually or in the aggregate, have a Material Adverse Change or Effect on Genco: (i) all rentals, payments and obligations (including the applicable mining patents and, if applicable, maintenance for unpatented mining claims), royalties, overriding royalty interests, production payments, net profits, interest burdens and other payments due or payable on or prior to the date hereof under or with respect to the direct or indirect assets of Genco and the Genco Material Subsidiaries have been properly and timely paid; (ii) the ore bodies and minerals located in the Genco Properties are under valid, subsisting and enforceable title documents or other recognized and enforceable agreements or instruments, sufficient to permit Genco or the Genco Material Subsidiaries to explore and to exploit in each case the minerals relating thereto, all such property, leases or claims and all property, leases or claims in which Genco or any of the Genco Material Subsidiaries has any interest or right have been validly located and recorded in accordance with all Applicable Laws and are valid and subsisting, Genco and the Genco Material Subsidiaries collectively hold all necessary surface rights, access rights and other necessary rights and interests relating to the Genco Properties granting the right and ability to explore for and to exploit in each case minerals, ore and metals for development purposes in areas of current operations with only such exceptions as do not materially interfere with the use made by Genco of the rights or interests so held (and believes that such rights and interests relating to the remaining portion of the Genco Properties can be obtained by Genco on commercially reasonable terms), and each of the proprietary interests or rights and each of the documents, agreements and instruments and obligations relating thereto referred to above is currently in good standing; and (iii) all exploration and development activities undertaken by Genco and the Genco Material Subsidiaries have been undertaken in accordance with exploration and development practices consistent with industry standards and in compliance with all applicable Laws.

Operational Matters. Notwithstanding Landlord’s consent to the Sublease as set forth herein, Landlord shall not be obligated to accept from Subtenant any payments of Base Rent or Additional Rent due under the Lease, all of which shall be paid by Tenant as set forth in the Lease. Requests for Building services as provided under the Lease, including without limitation, parking privileges, repair and maintenance services, or any other services or obligations to be performed by Landlord under the terms of the Lease, shall be made by Tenant, and Landlord shall have no obligation to respond to any direct request of Subtenant regarding the same.

Operational Matters. Except as would not, individually or in the aggregate, be reasonably expected to result in a Material Adverse Effect: (a) all rentals, royalties, overriding royalty interests, production payments, net profits, interest burdens, payments and obligations due and payable, or performable, as the case may be, on or prior to the date hereof under, with respect to, or on account of, any direct or indirect assets of Starcore and the Starcore Subsidiaries, have been: (A) duly paid; (B) duly performed; or (C) provided for prior for the date hereof; and (b) all costs, expenses, and liabilities payable on or prior to the date hereof under the terms of any contracts and agreements to which Starcore or any of the Starcore Subsidiaries is directly or indirectly bound have been properly and timely paid, except for such expenses that are being currently paid prior to delinquency in the Ordinary Course.