Process Water. (a) If the Government has constructed or is operating a drainage control facility or water treatment facility at the Project, the Company may, at its sole option, by Notice to the host Government, acquire any or all of such facilities for a price equal to the actual construction cost of the purchased facilities (including Project management costs). (b) Should the Company acquire any facilities pursuant to this Section, the Government may, at its option, require that the Company manage and treat drainage from the Mining Area for which the Government is responsible at such Company facilities. (c) The Government shall pay to the Company the proportion of operating costs of such management and treatment incurred by the Company related to drainage managed and treated as a result of any such requirement by the Government during each month, within thirty (30) Days of receipt of an invoice for such costs.
Appears in 2 contracts
Sources: Mining Development Agreement, Mining Development Agreement
Process Water. (a) If the Government State has constructed or is operating a drainage control facility or water treatment facility at the Project, the Company may, at its sole option, by Notice to the host GovernmentState, acquire any or all of such facilities for a price equal to the actual construction cost of the purchased facilities (including Project management costs).
(b) Should the Company acquire any facilities pursuant to this Section, the Government State may, at its option, require that the Company manage and treat drainage from the Mining Area for which the Government State is responsible at such Company facilities.
(c) The Government State shall pay to the Company the proportion of operating costs of such management and treatment incurred by the Company related to drainage managed and treated as a result of any such requirement by the Government State during each month, within thirty (30) Days of receipt of an invoice for such costs.
Appears in 1 contract
Sources: Mine Development Agreement