Common use of OPTION ONLY Clause in Contracts

OPTION ONLY. This is an option only and except as herein specifically provided otherwise, nothing herein contained shall be construed as obligating the Optionee to do any acts or make any payments hereunder, and any act or acts or payment or payments as shall be made hereunder shall not be construed as obligating the Optionee to do any further act or make any further payment or payments.

Appears in 8 contracts

Samples: Property Option Agreement (Patriot Gold Corp), Property Option Agreement (American Goldfields Inc), Property Option Agreement (Homeland Precious Metals Corp.)

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OPTION ONLY. This is an option only and except as herein specifically provided otherwise, otherwise nothing herein contained shall be construed as obligating the Optionee to do any acts or make any payments hereunder, and any act or acts or payment or payments as shall be made hereunder shall not be construed as obligating the Optionee to do any further act or make any further payment or payments.

Appears in 6 contracts

Samples: Property Option Agreement (Lincoln Gold Corp), Property Option Agreement (Miranda Gold Corp), Property Option Agreement (Lincoln Gold Corp)

OPTION ONLY. 21.1 This is Agreement provides for an option only only, and except as herein specifically provided otherwise, nothing herein contained shall be construed as obligating the Optionee to do any acts or make any payments hereunder, hereunder and any act or acts or payment or payments as shall be made hereunder shall not be construed as obligating the Optionee to do any further act or make any further payment or paymentspayment.

Appears in 6 contracts

Samples: Option Agreement (Almaden Minerals LTD), Option Agreement Bufa Property (Lincoln Gold Corp), Option Agreement Yago Property (Almaden Minerals LTD)

OPTION ONLY. This is Agreement provides for an option only only, and except as herein specifically provided otherwise, nothing herein contained shall be construed as obligating the Optionee to do any acts or make any payments hereunder, hereunder and any act or acts or payment or payments as shall be made hereunder shall not be construed as obligating the Optionee to do any further act or make any further payment or paymentspayment.

Appears in 4 contracts

Samples: Property Option Agreement (Blue Mountain Resources Inc.), Property Option Agreement (Edgemont Mining Inc.), Property Option Agreement (Matrix Ventures, Inc.)

OPTION ONLY. 19.1 This is Agreement provides for an option only only, and except as herein specifically provided otherwise, nothing herein contained shall be construed as obligating the Optionee to do any acts or make any payments hereunder, hereunder and any act or acts or payment or payments as shall be made hereunder shall not be construed as obligating the Optionee to do any further act or make any further payment or paymentspayment.

Appears in 3 contracts

Samples: Option Agreement (Almaden Minerals LTD), Option Agreement (Almaden Minerals LTD), Option Agreement (Almaden Minerals LTD)

OPTION ONLY. This Until the option is exercised, this is an option only and except as herein specifically provided otherwise, nothing herein contained shall be construed as obligating the Optionee to do any acts or make any payments hereunder, hereunder and any act or acts or payment or payments as shall be made hereunder shall not be construed as obligating the Optionee to do any further act acts or make any further payment or payments.

Appears in 1 contract

Samples: Mineral Property Option Agreement (Bluestone Ventures Inc)

OPTION ONLY. 17.1 This is an option only and except as herein specifically provided otherwise, nothing herein contained shall be construed as obligating the Optionee to do any acts or make any payments hereunder, and any act or acts or payment or payments as shall be made hereunder shall not be construed as obligating the Optionee to do any further act or make any further payment or payments.

Appears in 1 contract

Samples: Property Option Agreement (Osprey Ventures, Inc.)

OPTION ONLY. This Until the Option is exercised, this is an option only and except as herein specifically provided otherwise, nothing herein contained shall be construed as obligating the Optionee Cameo to do any acts or make any payments hereunder, hereunder and any act or acts or payment or payments as shall be made hereunder shall not be construed as obligating the Optionee Cameo to do any further act acts or make any further payment or payments.

Appears in 1 contract

Samples: Mineral Property Option Agreement

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OPTION ONLY. 9.1 This is an option only and except as herein specifically provided otherwise, nothing herein contained shall will be construed as obligating the Optionee to do any acts or make any payments hereunder, hereunder and any act or acts or payment or payments as shall be are made hereunder shall will not be construed as obligating the Optionee to do any further act or make any further payment or paymentspayment.

Appears in 1 contract

Samples: Amera Resources CORP

OPTION ONLY. This is an option only and except as herein specifically provided otherwise, nothing herein contained shall will be construed as obligating the Optionee to do any acts or make any payments hereunder, (including the Payments) hereunder and any act or acts or payment or payments as shall be are made hereunder shall will not be construed as obligating the Optionee to do any further act or make any further payment or paymentspayment.

Appears in 1 contract

Samples: Share Purchase Agreement

OPTION ONLY. This is an option only and except as herein specifically provided otherwise, nothing herein contained shall be construed as obligating the Optionee to do any acts or make any payments hereunder, and any act or acts or payment or payments as shall be made hereunder shall not be construed as obligating the Optionee to do any further act or make any further payment or payments.. D/KHL/134147.2 - 11 -

Appears in 1 contract

Samples: Property Option Agreement (American Goldfields Inc)

OPTION ONLY. 8.1 This is an option only and except as herein specifically provided otherwise, nothing herein contained shall will be construed as obligating the Optionee to do any acts or make any payments hereunder, hereunder and any act or acts or payment or payments as shall be are made hereunder shall will not be construed as obligating the Optionee to do any further act or make any further payment or paymentspayment.

Appears in 1 contract

Samples: Amera Resources CORP

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