Project Operator. The Parties mutually acknowledge and intend that the Project will be directly carried out by the Project Operator, and therefore, subject to Section 2.2 regarding certain several obligations of the Recipients, agree as follows:
Project Operator. 4.1 CLM shall become the Operator of the project on the Property (the “Project”) on the Acceptance Date.
Project Operator. GEMXX and MLJV shall co-manage project operations. Following the GEMXX buy-in, GEMXX and MLJV shall form a management committee to establish, in advance, exploration, mining and budget matters and plans. If MLJV and GEMXX cannot reach agreement on any aspect of these project management items or plans then a third party, agreeable to both MLJV and GEMXX, will be appointed to resolve the disagreement in accordance with mining industry standards or any special circumstances that may be encountered. MLJV and GEMXX will endeavor to use their best efforts, information and resources to work together and resolve any project-related disputes.
Project Operator. Siga will be the operator and manager of the project. Siga shall have full operating authority during its tenure on the property, and shall carry such insurance for its actions as is reasonable and customary, and in accordance with the laws of British Columbia. As operator, Siga will be responsible for bonds, fees and general costs for its operations, including any environmental liabilities incurred after the date of this Agreement.
Project Operator. PREMIER shall be the sole Project Operator of the Joint Venture during the initial period, the earn-in period, and so long as its interest is 50% or greater. Following the Premier earn-in, Premier and LKA shall form a management committee to establish, in advance, exploration, mining and budget matters and plans. If LKA and Premier can not reach agreement on any aspect of these project management items or plans then a third party, agreeable to both LKA and Premier, will be appointed to resolve the disagreement in accordance with mining industry standards or any special circumstances that may be encountered. LKA and Premier will endeavor to use their best efforts, information and resources to work together and resolve any project-related disputes.
Project Operator. Petroglyph Operating Company, Inc. is hereby designated as Project Operator, and by its signature hereto agrees and consents to accept the duties and obligations of Project Operator for the development and production of Project Substances as herein provided. Whenever reference is made herein to the Project Operator, such reference means the Project Operator acting in that capacity and not as an owner of interest in Project Substances, and the term "Working Interest Owner" when used herein shall include or refer to Project Operator as the owner of a Working Interest when such an interest is owned by it.
Project Operator. The Parties shall use their reasonable endeavours to procure that the Participants appoint MPAL Old and/or, following the exercise of the Xxxxx Shoal Interests Option Deed, MPAL New, as the Operator of the Project. If MPAL Old or MPAL New (as applicable) is appointed by the Participants as the Operator:
