Common use of Other Business Opportunities Clause in Contracts

Other Business Opportunities. Except as expressly provided in this Agreement, each Participant shall have the right independently to engage in and receive full benefits from business activities, whether or not competitive with the Operations, without consulting the other. The doctrines of "corporate opportunity" or "business opportunity" shall not be applied to any other activity, joint venture, or operation of either Participant, and neither Participant shall have any obligation to the other with respect to any opportunity to acquire any property outside the Area of Interest at any time, or within the Area of Interest after the termination of this Agreement. Unless otherwise agreed to in writing, no Participant shall have any obligation to mill, beneficiate or otherwise treat any Products or any other Participant's share of Products in any facility owned or controlled by such Participant.

Appears in 3 contracts

Samples: Joint Venture Agreement (Southern Energy Company, Inc.), Joint Venture Agreement (Siga Resources Inc.), Joint Venture Agreement (Siga Resources Inc.)

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Other Business Opportunities. Except as expressly provided in this Agreement, each Participant shall have the right independently to engage in and receive full benefits from business activities, whether or not competitive with the Operations, without consulting the other. The doctrines of "corporate opportunity" or "business opportunity" shall not be applied to any other activity, joint venture, or operation of either Participant, and and, neither Participant shall have any obligation to the other with respect to any opportunity to acquire any property outside the Area of Interest at any time, or within the Area of Interest after the termination of this Agreement, except as provided in Section 11.8. Unless otherwise agreed to in writing, no Participant shall have any obligation to mill, beneficiate beneficiate, or otherwise treat any Products or any other Participant's ’s share of Products in any facility owned or controlled by such Participant, except as provided in Section 8.2.

Appears in 2 contracts

Samples: Venture Agreement (New Jersey Mining Co), Venture Agreement (New Jersey Mining Co)

Other Business Opportunities. Except as expressly provided in this Agreement, each Participant shall have the right independently to engage in and receive full benefits from business activities, whether or not competitive with the Operations, Operations without consulting the other. The doctrines of "corporate opportunity" or "business opportunity" shall not be applied to any other activity, joint venture, or operation of either Participant, and and, except as otherwise provided in Section 12.6, neither Participant shall have any obligation to the other with respect to any opportunity to acquire any property outside the Area of Mutual Interest at any time, time or within the Area of Mutual Interest after the termination of this Agreement. Unless otherwise agreed to in writing, no Participant shall have any obligation to mill, beneficiate or otherwise treat any Products products or any other Participant's ’s share of Products in any facility owned or controlled by such Participant.

Appears in 2 contracts

Samples: Mining Venture Agreement (Crested Corp), Mining Venture Agreement (Us Energy Corp)

Other Business Opportunities. Except as expressly provided in this Agreement, each Participant shall have the right independently to engage in and receive full benefits from business activities, whether or not competitive with the Operations, without consulting the other. The doctrines of "corporate opportunity" or "business opportunity" shall not be applied to any other activity, joint venture, or operation of either any Participant, and neither and, except as otherwise provided in Section 12.6, no Participant shall have any obligation to the other with respect to any opportunity to acquire any property outside the Area of Interest at any time, or within the Area of Interest after the termination of this Agreement. Unless otherwise agreed to in writing, no Participant shall have any obligation to mill, beneficiate or otherwise treat any Products or any other Participant's share of Products in any facility owned or controlled by such Participant.

Appears in 2 contracts

Samples: Joint Venture Agreement (Stirrup Creek Gold LTD), Joint Venture Agreement (Stirrup Creek Gold LTD)

Other Business Opportunities. Except as expressly provided in this Agreement, each Participant shall have the right independently to engage in and receive full benefits from business activities, whether or not competitive with the Operations, without consulting the other. The doctrines of "corporate opportunity" or "business opportunity" shall not be applied to any other activity, joint venture, or operation of either ParticipantParticipant and, and except as otherwise provided in Section 12.06, neither Participant shall have any obligation to the other with respect to any opportunity to acquire any property outside the Area of Interest at any time, or within the Area of Interest after the expiration or termination of this Agreement. Unless otherwise agreed to in writing, no Participant shall have any obligation to mill, beneficiate beneficiate, or otherwise treat any Products or any other Participant's share of Products in any facility owned or controlled by such Participant.

Appears in 1 contract

Samples: Mining Venture Agreement (Teryl Resources Corp)

Other Business Opportunities. Except as expressly provided in this Agreement, each Participant shall have the right independently to engage in and receive full benefits from business activities, whether or not competitive with the Operations, without consulting the otherany other Participant. The doctrines of "corporate opportunity" or "” and “business opportunity" shall not be applied to any other activity, joint venture, venture or operation of either any Participant, and neither no Participant shall have any obligation to the any other Participant with respect to any opportunity to acquire any property outside the Properties or the Area of Interest at any time, time save and except as contemplated by Section 4.5 hereof. Except as provided for in this Agreement or within the Area of Interest after the termination of this Agreement. Unless unless otherwise agreed to in writing, no Participant shall have any obligation to mill, beneficiate or otherwise treat any Products or any other Participant's share of Products in any facility owned or controlled by such Participant.

Appears in 1 contract

Samples: Option and Joint Venture Agreement

Other Business Opportunities. Except as expressly provided in this Agreement, each Participant shall have the right independently to engage in and receive full benefits from business activities, whether or not competitive with the Operations, without consulting the otherother Participant. The doctrines of "corporate opportunity" or "business opportunity" shall not be applied to any other activity, joint venture, venture or operation of either Participanta Participant and, and neither except as otherwise provided in Section 12.4, a Participant shall not have any obligation to the other Participant with respect to any opportunity to acquire any property outside the Area of Interest at any time, or within the Area of Interest after the termination of this Agreement. Unless otherwise agreed to in writing, no Participant shall have any obligation to mill, beneficiate or otherwise treat any Products or any the other Participant's share of Products in any facility owned or controlled by such Participant.

Appears in 1 contract

Samples: Kennecott Agreement (Golden Phoenix Minerals Inc /Fa/)

Other Business Opportunities. Except as expressly provided in this Agreement, each Participant shall have the right independently to engage in and receive full benefits from business activities, whether or not competitive with the Operations, without consulting the other. The doctrines of "corporate opportunity" or "business opportunity" shall not be applied to any other activity, joint venture, or operation of either Participant, and and, except as otherwise provided in Section 12.6, neither Participant shall have any obligation to the other with respect to any opportunity to acquire any property outside the Area of Interest at any time, or within the Area of Interest after the termination of this Agreement. Unless otherwise agreed to in writing, no Participant shall have any obligation to mill, beneficiate or otherwise treat any Products or any other Participant's share of Products in any facility owned or controlled by such Participant.

Appears in 1 contract

Samples: Joint Venture Agreement (Stirrup Creek Gold LTD)

Other Business Opportunities. Except as expressly provided in this Agreement, each Participant shall have the right independently to engage in and receive full benefits from business activities, whether or not competitive with the Operations, without consulting the other. The doctrines of "corporate opportunity" or "business opportunity" shall not be applied to any other activity, joint venture, venture or operation of either Participant, and and, except as otherwise provided in Section 12.5, neither Participant shall have any obligation to the other with respect to any opportunity to acquire any property outside the Area of Interest at any time, or within the Area of Interest after the termination of this Agreement. Unless otherwise agreed to in writing, no Participant shall have any obligation to mill, beneficiate or otherwise treat any Products or any other Participant's share of Products in any facility owned or controlled by such Participant.

Appears in 1 contract

Samples: Mining Venture Agreement (Novagold Resources Inc)

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Other Business Opportunities. Except as expressly provided in this Agreement, each Participant shall have the right independently to engage in and receive full benefits from business activities, whether or not competitive with the Operations, without consulting the other. The doctrines of "corporate opportunity" or "business opportunity" shall not be applied to any other activity, joint venture, or operation of either Participant, and and, neither Participant shall have any obligation to the other with respect to any opportunity to acquire any property outside the Area of Interest at any time, or within the Area of Interest after the termination of this Agreement, except as provided in Section 11.8. Unless otherwise agreed to in writing, no Participant shall have any obligation to mill, beneficiate beneficiate, or otherwise treat any Products or any other Participant's ’s share of Products in any facility owned or controlled by such Participant.

Appears in 1 contract

Samples: Venture Agreement (Miranda Gold Corp)

Other Business Opportunities. Except as expressly provided in this Agreement, each Participant shall have the right independently to engage in and receive full benefits from business activities, whether or not competitive with the Operations, without consulting the other. The doctrines of "corporate opportunity" or "business opportunity" shall not be applied to any other activity, joint venture, or operation of either Participant, and and, except as otherwise provided in Section 12.5, neither Participant shall have any obligation to the other with respect to any opportunity to acquire any property outside the Area of Interest at any time, or within the Area of Interest after the termination of this Agreement. Unless otherwise agreed to in writing, no Participant shall have any obligation to mill, beneficiate or otherwise treat any Products or any other Participant's share of Products in any facility owned or controlled by such Participant.

Appears in 1 contract

Samples: Operating Agreement (Hecla Mining Co/De/)

Other Business Opportunities. Except as expressly provided in this Agreement, each Participant shall have the right independently to engage in and receive full benefits from business activities, whether or not competitive with the Operations, without consulting the otherother Participant. The doctrines of "corporate opportunity" or "business opportunity" shall not be applied to any other activity, joint venture, or operation of either Participant, and and, except as otherwise provided in Article 14, neither Participant shall have any obligation to the other with respect to any opportunity to acquire any property outside the Area of Interest at any time, or within the Area of Interest after the termination of this Agreement. Unless otherwise agreed to in writing, no Participant shall have any obligation to mill, beneficiate or otherwise treat any Products or any other Participant's ’s share of Products in any facility owned or controlled by such Participant.

Appears in 1 contract

Samples: In and Joint Venture Agreement (Pan American Lithium Corp)

Other Business Opportunities. Except as expressly provided in this Agreement, each Participant shall have the right independently to engage in and receive full benefits from business activities, whether or not competitive with the Operations, without consulting the other. The doctrines of "corporate opportunity" or "business opportunity" shall not be applied to any other activity, joint ventureventure or operations of any Participant and, or operation of either Participantexcept as otherwise provided in Section 12.6, and neither no Participant shall have any obligation to the other others with respect to any opportunity to acquire any property outside the Area of Interest at any time, time or within the Area of Interest after two years following the termination of this Agreement. Unless otherwise agreed to in writing, no Participant shall have any obligation to mill, beneficiate or otherwise treat any Products or any other Participant's share of Products in any facility owned or controlled by such Participant.

Appears in 1 contract

Samples: Master Agreement (Metalline Mining Co)

Other Business Opportunities. Except as expressly provided in this Agreement, including with regard to Section 1.4, Area of Interest, each Participant party shall have the right independently to engage in and receive full benefits from business activities, whether or not competitive with the Operations, without consulting the other. The doctrines of "corporate opportunity" or "business opportunity" shall not be applied to any other activity, joint venture, or operation of either Participant, any Participant and neither no Participant shall have any obligation to the other others with respect to any opportunity to acquire any property outside the Area exterior boundaries of Interest the Property at any time, or within the Area of Interest after the termination of this Agreement. Unless otherwise agreed to in writing, no Participant shall have any obligation to mill, beneficiate or otherwise treat any Products or any other Participant's ’s share of Products in any facility owned or controlled by such Participant.

Appears in 1 contract

Samples: Option Agreement

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