Performance of Mining Operations Sample Clauses
The 'Performance of Mining Operations' clause defines the standards and obligations for how mining activities must be conducted under the agreement. It typically outlines requirements such as compliance with applicable laws, adherence to industry best practices, and the use of appropriate equipment and personnel. For example, it may specify that the operator must maintain safety protocols, minimize environmental impact, and meet production targets. The core function of this clause is to ensure that mining operations are carried out efficiently, safely, and responsibly, thereby protecting the interests of all parties involved and reducing the risk of disputes or regulatory violations.
Performance of Mining Operations. The Seller shall ensure that all exploration, construction, development and mining operations and other activities in respect of the Properties will be performed in a commercially reasonable manner in compliance with Applicable Laws, Authorizations and Other Rights, and in accordance with good mining, processing, engineering and environmental practices prevailing in the industry. The Seller shall cause the other Seller Entities to use all commercially reasonable and lawful efforts to obtain and, once obtained, maintain all Authorizations necessary to commence and continue development and mining operations on the Properties.
Performance of Mining Operations. (a) Subject to the provisions of this Section 13.2, all decisions regarding the Project, including concerning (i) the methods, the extent, times, procedures and techniques of any exploration, construction, development and mining related to the Project or any portion thereof, and (ii) any decisions to operate or continue to operate the Project or any portion thereof, including with respect to closure and care and maintenance, shall be made by the Seller Group Entities in their sole discretion.
(b) The Seller Group Entities shall use commercially reasonable efforts to ensure that all exploration, construction, development and mining operations and other activities in respect of the Project will be performed in a commercially reasonable manner in compliance with Applicable Laws and Authorizations, and in accordance with Good Industry Practice.
(c) The Seller Group Entities shall at all times comply with the Business Code of Conduct and shall immediately notify the Purchasers’ Agent upon becoming aware of any breach or suspected breach of the Business Code of Conduct.
Performance of Mining Operations. (a) Subject to the provisions of this Section 7, all decisions regarding the Project, including concerning (i) the methods, the extent, times, procedures and techniques of any exploration, construction, development and mining related to the Project or any portion thereof, and (ii) any decisions to operate or continue to operate the Project or any portion thereof, including with respect to closure and care and maintenance, shall be made by the Seller in its sole discretion.
(b) The Seller shall ensure that all exploration, construction, development and mining operations and other activities in respect of the Property will be performed in a commercially reasonable manner in compliance with Applicable Laws, Authorizations and Other Rights, and in accordance with Good Industry Practice.
(c) The Pretium Group Entities shall at all times comply with the Anti-Corruption Policy, and shall immediately notify the Purchasers’ Agent upon becoming aware of any breach or suspected breach of the Anti-Corruption Policy.
(d) Notwithstanding any other provision in this Agreement, the Seller will have the right at any time to curtail, suspend or terminate the mining, production, extraction or recovery of Minerals and/or the shipment of processed Minerals containing gold to a Refinery and/or gold-silver bearing concentrate to a Smelter, as applicable, if in its sole discretion it deems advisable to do so.
Performance of Mining Operations. The Borrower shall ensure that all exploration, construction, development and mining operations and other activities in respect of the Project will be performed in a commercially reasonable manner in compliance, in all material respects, with applicable Laws and Authorizations, except where a failure to do so would not have a Material Adverse Effect;
Performance of Mining Operations. The Company must ensure that all exploration, construction, development and mining operations and other activities in respect of the Property will be performed in a commercially reasonable manner in compliance, in all material respects, with applicable Laws, Authorizations and in accordance with Good Industry Practice, and on the same basis as if the Company retained full economic interest in the Silver. The Company must use commercially reasonable efforts to ensure that all Product from the Property will be processed in a prompt and timely manner in accordance with Good Industry Practice, taking into consideration conditions in the mining industry at the relevant time.
Performance of Mining Operations. The Payor shall ensure that all exploration, construction, development and mining operations and other activities in respect of the Property will be performed in a commercially reasonable manner in compliance with Applicable Laws, Authorizations and Other Rights, and in accordance with good mining, processing, engineering and environmental practices prevailing in the industry and on the same basis as if the Payor retained full economic interest in the Minerals. The Payor shall use all commercially reasonable and lawful efforts to obtain and, once obtained, maintain all Authorizations necessary to commence and continue development and mining operations on the Property. The Payor shall use all commercially reasonable efforts to ensure that all Minerals from the Property will be processed in a prompt and timely manner.
Performance of Mining Operations. Subject to the provisions of this Section 7, all decisions regarding the Project, including concerning (i) the methods, the extent, times, procedures and techniques of any exploration, construction, development and mining related to the Project or any portion thereof, and (ii) any decisions to operate or continue to operate the Project or any portion thereof, including with respect to closure and care and maintenance, shall be made by the Seller in its sole discretion.
Performance of Mining Operations