Common use of VESTING OF INTEREST Clause in Contracts

VESTING OF INTEREST. 6.1 Forthwith upon the Optionee exercising the Option by performing the requirements of Sections 3.1 and 3.2, an undivided one hundred percent (100%) interest in and to the Property shall vest, and shall be deemed for all purposes hereof to have vested, in the Optionee. Thereafter, the Optionor shall take all steps necessary to cause ONM to transfer the Permit to the Optionee as soon as practicable.

VESTING OF INTEREST. 6.1 Forthwith upon the Optionee exercising the Option by performing the requirements of Sections 3.1 and 3.2, an undivided one hundred percent (100%) interest in and to the Property shall vest, and shall be deemed for all purposes hereof to have vested, in the Optionee. Thereafter, the Optionor shall take all steps necessary to cause ONM to transfer the Permit to the Optionee as soon as practicable.

VESTING OF INTEREST. 6.1 7.1 Forthwith upon the Optionee exercising the Option by performing its performance of all of the requirements of Sections 3.1 and Section 3.2, an undivided one hundred percent One Hundred Percent (100%) interest in and to the Property shall vest, and shall be deemed for all purposes hereof to have vested, in the Optionee. Thereafter, the Optionor shall take all steps necessary to cause ONM to transfer the Permit to the Optionee as soon as practicable.

VESTING OF INTEREST. 6.1 8.1 Forthwith upon the Optionee exercising the Option by performing the requirements of Sections 3.1 and 3.2Section 3.1, an undivided one hundred One Hundred percent (100%) interest in and to the Property shall vest, and shall be deemed for all purposes hereof to have vested, in the Optionee. Thereafter, the Optionor shall take all steps necessary to cause ONM to transfer the Permit to the Optionee as soon as practicable.

VESTING OF INTEREST. 6.1 Forthwith upon the Optionee exercising the Option by performing the requirements of Sections 3.1 and 3.2Section 3.1, an undivided one hundred sixty percent (10060%) interest in and to the Property shall vest, and shall be deemed for all purposes hereof to have vested, in the Optionee. Thereafter, Optionee and the Optionor interest of the parties shall take all steps necessary to cause ONM to transfer the Permit to the be as follows; Optionee as soon as practicable.60% Almaden 16% Xxxxxx 24%

VESTING OF INTEREST. 6.1 7.1 Forthwith upon the Optionee exercising the Option by performing the requirements of Sections 3.1 and 3.2Section 3.1, an undivided one hundred percent (100%) all of the Optionor’s interest in and to the Property shall vest, and shall be deemed for all purposes hereof to have vested, in the Optionee. Thereafter, the Optionor shall take all steps necessary to cause ONM to transfer the Permit to the Optionee as soon as practicable.

VESTING OF INTEREST. 6.1 Forthwith upon the Optionee exercising the Option by performing the requirements of Sections Subsection 3.1 and 3.2hereof, an undivided one hundred percent (100%) % interest in and to the Property shall vest, and shall be deemed for all purposes hereof to have vested, in the Optionee. Thereafter, the Optionor shall take all steps necessary to cause ONM to transfer the Permit to the Optionee as soon as practicable.

VESTING OF INTEREST. 6.1 Forthwith upon the Optionee exercising the Option by performing the requirements of Sections Subsection 3.1 and 3.2hereof, an undivided one hundred percent (100%) a 50% interest in and to the Property Properties shall vest, and shall be deemed for all purposes hereof to have vested, in the Optionee. Thereafter, the Optionor shall take all steps necessary to cause ONM to transfer the Permit to the Optionee as soon as practicable.

VESTING OF INTEREST. 6.1 9.1 Forthwith upon the Optionee exercising the Option by performing the requirements of Sections 3.1 and 3.2Section 3.1, an undivided one hundred a Fifty-One percent (10051%) undivided interest in and to the Property shall vest, and shall be deemed for all purposes hereof to have vested, in the Optionee. Thereafter, the Optionor shall take all steps necessary to cause ONM to transfer the Permit to the Optionee as soon as practicable.