Ores Sample Clauses
The "Ores" clause defines the rights and responsibilities of the parties regarding the extraction, ownership, and handling of mineral ores under the agreement. Typically, this clause specifies what constitutes "ores," how they are to be measured or sampled, and the procedures for their delivery, storage, or sale. For example, it may outline how the quality and quantity of ores are determined and who bears the risk during transportation. The core function of this clause is to ensure clarity and prevent disputes over the definition, management, and allocation of ores produced or handled during the course of the contract.
Ores. Ores, whether singular or plural, shall mean all material which in the sole discretion of the Ashdown Joint Venture justifies either (i) mining, extracting, or recovering from place in the Ashdown Mine and selling or delivering to a processing plant for physical or chemical treatment, or (ii) treating in place in the Ashdown Mine by chemical, solution, or other methods; said term shall also include all mineral-bearing solutions, natural or introduced, recovered by the Ashdown Joint Venture from the Ashdown Mine and sold or processed by the Ashdown Joint Venture, and all mineral and non-mineral components of all such material and solutions.
Ores. Ores, whether singular or plural, shall mean all material which in the sole discretion of the Ashdown Project LLC justifies either (i) mining, extracting, or recovering from place in the Ashdown Mine and selling or delivering to a processing plant for physical or chemical treatment, or (ii) treating in place in the Ashdown Mine by chemical, solution, or other methods; said term shall also include all mineral-bearing solutions, natural or introduced, recovered by the Ashdown Project LLC from the Ashdown Mine and sold or processed by the Ashdown Project LLC, and all mineral and non-mineral components of all such material and solutions.