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 to engage in and receive full benefits from any independent business activities or operations, whether or not competitive with this Business, without consulting with, or obligation to, the other Participant. The doctrines of "CORPORATE OPPORTUNITY" or "BUSINESS OPPORTUNITY" shall not be applied to this Business nor to any other activity or operation of either Participant. 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, except as otherwise provided in SECTION 12.6, within the Area of Interest after the termination of the Business. Unless otherwise agreed in writing, neither Participant shall have any obligation to mill, beneficiate or otherwise treat any Products in any facility owned or controlled by such Participant.

Appears in 2 contracts

Samples: Agreement (Golden Phoenix Minerals Inc /Mn/), Agreement (Gryphon Gold Corp)

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Other Business Opportunities. Except as expressly provided in this Agreement, each Participant shall have the right to engage in and receive full benefits from any independent business activities or operations, whether or not competitive with this Business, without consulting with, or obligation to, the other Participant. The doctrines of "CORPORATE OPPORTUNITYcorporate opportunity" or "BUSINESS OPPORTUNITYbusiness opportunity" shall not be applied to this Business nor to any other activity or operation of either Participant. Neither Participant shall have any obligation to the other with respect to any opportunity to acquire any property outside the Area area of Interest the Properties at any time, or, except as otherwise provided in SECTION 12.6Section 13.5, within the Area area of Interest the Properties after the termination of the Business. Unless otherwise agreed in writing, neither Participant shall have any obligation to mill, beneficiate or otherwise treat any Products in any facility owned or controlled by such Participant.

Appears in 2 contracts

Samples: Equity Participation (Entree Gold Inc), In Agreement (Entree Gold Inc)

Other Business Opportunities. Except as expressly provided in this Agreement, each Participant shall have the right to engage in and receive full benefits from any independent business activities or operations, whether or not competitive with this the Business, without consulting with, or obligation to, the other Participant. The doctrines of "CORPORATE OPPORTUNITY" “corporate opportunity” or "BUSINESS OPPORTUNITY" “business opportunity” shall not be applied to this the Business nor to any other activity or operation of either Participant. 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, except as otherwise provided in SECTION Section 12.6, within the Area of Interest after the termination of the BusinessAgreement. Unless otherwise agreed in writing, neither Participant shall have any obligation to mill, beneficiate or otherwise treat any Products in any facility owned or controlled by such Participant.

Appears in 1 contract

Samples: Operating Agreement (Midway 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 any independent business activities or operationsactivities, whether or not competitive with this Businessthe Operations, without consulting with, or obligation to, the other Participantother. The doctrines of "CORPORATE OPPORTUNITYcorporate opportunity:" or "BUSINESS OPPORTUNITYbusiness opportunity" shall not be applied to this Business nor to any other activity activity, venture, or operation of either Participant. Neither , 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, except as otherwise provided in SECTION 12.6, or within the Area of Interest after the termination of the Businessthis Agreement. Unless otherwise agreed in writing, neither Participant 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 (Western Goldfields Inc)

Other Business Opportunities. Except as expressly provided in this Agreement, each Participant shall have the right to engage in and receive full benefits from any independent business activities or operations, whether or not competitive with this Business, without consulting with, or obligation to, the other Participant. The doctrines of "CORPORATE OPPORTUNITYcorporate opportunity" or "BUSINESS OPPORTUNITYbusiness opportunity" shall not be applied to this Business nor to any other activity or operation of either Participant. 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, except as otherwise provided in SECTION Section 12.6, within the Area of Interest after the termination of the Business. Unless otherwise agreed in writing, neither Participant shall have any obligation to mill, beneficiate or otherwise treat any Products in any facility owned or controlled by such Participant.

Appears in 1 contract

Samples: Operating Agreement (Royal Gold Inc /De/)

Other Business Opportunities. Except as expressly provided in this Agreement, each Participant shall have the right to engage in and receive full benefits from any independent business activities or operations, whether or not competitive with this Business, without consulting with, or obligation to, the other Participant. The doctrines of "CORPORATE OPPORTUNITY" “corporate opportunity” or "BUSINESS OPPORTUNITY" “business opportunity” shall not be applied to this Business nor to any other activity or operation of either Participant. 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, except as otherwise provided in SECTION Section 12.6, within the Area of Interest after the termination of the Business. Unless otherwise agreed in writing, neither Participant shall have any obligation to mill, beneficiate or otherwise treat any Products in any facility owned or controlled by such Participant.

Appears in 1 contract

Samples: Improvements Agreement (Americas Gold & Silver Corp)

Other Business Opportunities. Except as expressly provided in this Agreement, each Participant shall have the right to engage in and receive full benefits from any independent business activities or operations, whether or not competitive with this Business, without consulting with, or obligation to, the other Participant. The doctrines of "CORPORATE OPPORTUNITY" “corporate opportunity” or "BUSINESS OPPORTUNITY" “business opportunity” shall not be applied to this Business nor to any other activity or operation of either Participant. 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, except as otherwise provided in SECTION Section 12.6, within the Area of Interest after the termination of the Business. Unless otherwise agreed in writing, neither Participant shall have any obligation to mill, beneficiate process or otherwise treat any Products in any facility owned or controlled by such Participant.

Appears in 1 contract

Samples: Operating Agreement (Canyon Resources Corp)

Other Business Opportunities. Except as expressly provided in this Agreement, each Participant shall have the right to engage in and receive full benefits from any independent business activities or operations, whether or not competitive with this the Business, without consulting with, or obligation to, the other Participant. The doctrines of "CORPORATE OPPORTUNITY" “corporate opportunity” or "BUSINESS OPPORTUNITY" “business opportunity” shall not be applied to this the Business nor to any other activity or operation of either Participant. 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, except as otherwise provided in SECTION 12.6Section 12.5, within the Area of Interest after the termination of the Business, regardless of whether the incentive or opportunity of a Participant to acquire any such property interest may be based, in whole or in part, upon information learned during the course of Operations hereunder. Unless otherwise agreed in writing, neither Participant shall have any obligation to mill, beneficiate or otherwise treat any Products in any facility owned or controlled by such Participant.

Appears in 1 contract

Samples: Development and Operating Agreement (Apollo Gold Corp)

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Other Business Opportunities. Except as expressly provided in this Agreement, each Participant shall have the right to engage in and receive full benefits from any independent business activities or operations, whether or not competitive with this Business, without consulting with, or obligation to, the other ParticipantParticipants. The doctrines of "CORPORATE OPPORTUNITY" “corporate opportunity” or "BUSINESS OPPORTUNITY" “business opportunity” shall not be applied to this Business nor to any other activity or operation of either any Participant. Neither 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, except as otherwise provided in SECTION Section 12.6, within the Area of Interest after the termination of the Business. Unless otherwise agreed in writing, neither no Participant shall have any obligation to mill, beneficiate or otherwise treat any Products in any facility owned or controlled by such ParticipantParticipant which facility is not owned or controlled by the Venture.

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 to engage in in, and receive full benefits from from, any independent business activities or operations, whether or not competitive with this the Business, without consulting with, or obligation to, the other Participant. The doctrines of "CORPORATE OPPORTUNITYcorporate opportunity" or "BUSINESS OPPORTUNITYbusiness opportunity" shall not be applied to this the Business nor to any other activity activity, venture or operation of either Participant. 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, except as otherwise provided in SECTION Section 12.6, within the Area of Interest after the termination of the Business. Unless , or, unless otherwise agreed in writing, neither Participant shall have any obligation to mill, beneficiate or otherwise treat any Products in any facility owned or controlled by such Participant.

Appears in 1 contract

Samples: 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 any independent business activities or operationsactivities, whether or not competitive with this Businessthe Operations, without consulting with, or obligation to, the other Participantother. The doctrines of "CORPORATE OPPORTUNITYcorporate opportunity" or "BUSINESS OPPORTUNITYbusiness opportunity" shall not be applied to this Business nor to any other activity activity, venture, or operation of either Participant. Neither , 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, except as otherwise provided in SECTION 12.6, or within the Area of Interest after the termination of the Businessthis Agreement. Unless otherwise agreed in writing, neither 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 to engage in and receive full benefits from any independent business activities or operations, whether or not competitive with this BusinessVenture, without consulting with, or obligation to, the other Participant. The doctrines of "CORPORATE OPPORTUNITYcorporate opportunity" or "BUSINESS OPPORTUNITYbusiness opportunity" shall not be applied to this Business Venture nor to any other activity or operation of either Participant. 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, except as otherwise provided in SECTION 12.6Section 12.6 , within the Area of Interest after the termination of the BusinessVenture. Unless otherwise agreed in writing, neither Participant shall have any obligation to mill, beneficiate or otherwise treat any Products in any facility owned or controlled by such Participant.

Appears in 1 contract

Samples: Venture Agreement (Uranerz Energy Corp.)

Other Business Opportunities. Except as expressly provided in this Agreement or in the Sales Representative Agreement, each Participant shall have the right to engage in and receive full benefits from any independent business activities or operations, whether or not competitive with this Business, without consulting with, or obligation to, the other Participant. The doctrines of "CORPORATE OPPORTUNITY" “corporate opportunity” or "BUSINESS OPPORTUNITY" “business opportunity” shall not be applied to this Business nor to any other activity or operation of either Participant. 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, except as otherwise provided in SECTION Section 12.6, within the Area of Interest after the termination of the Business. Unless otherwise agreed in writing, neither Participant shall have any obligation to mill, beneficiate or otherwise treat any Products in any facility owned or controlled by such Participant.

Appears in 1 contract

Samples: Operating Agreement (Thompson Creek Metals CO Inc.)

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