Sole Risk Development. If the Board of Directors does not approve of the implementation of Mining Operations, then either Party which is willing to undertake Mining Operations shall be permitted to do so and the Non-contributing Party shall be subject to dilution in accordance with the terms of Article 10.
Appears in 2 contracts
Sources: Joint Venture Contract (Minco Mining & Metals Corp), Joint Venture Agreement (Minco Mining & Metals Corp)
Sole Risk Development. If the Board of Directors does not approve of the implementation conduct of Mining Operations, then either Party which is willing to undertake Mining Operations shall be permitted to do so and the Non-contributing Party shall be subject to dilution in accordance with the terms of Article 10SECTION 10.5.
Appears in 1 contract
Sources: Joint Venture Contract (Minco Mining & Metals Corp)