Abandonment Property definition

Abandonment Property has the meaning set out in Section 7(d).
Abandonment Property has the meaning provided in Section 7.2(a);
Abandonment Property has the meaning set forth in Section 6(j).

Examples of Abandonment Property in a sentence

  • If the Purchasers’ Agent does not give such notice to the Seller within the prescribed period of time, the Seller may abandon the Abandonment Property and shall thereafter have no further obligation to maintain the title to the Abandonment Property.


More Definitions of Abandonment Property

Abandonment Property has the meaning given to it in Clause ‎6.13.
Abandonment Property means, collectively, any real property interests, mineral claims, mineral or mining leases or mineral exploration licenses in respect of which an Obligor has determined, in accordance with prudent mining and business practices, that it is not economical to mine minerals therefrom and which such Obligor, accordingly, intends to abandon, surrender, relinquish or allow to lapse, whether by way of ceasing to maintain any Authorizations in respect thereof, or otherwise, provided that no part of the Material Brucejack Mine Real Property shall constitute “Abandonment Property” for the purposes of this Agreement.
Abandonment Property means, individually, (a) the St. Louis Property only if designated as a Terminated Property; (b) the Detroit Axle Property only if designated as a Terminated Property; (c) any Terminated Other Property only if such property has been designated as an Abandonment Property pursuant to the provisions of Section IV.O.2.e; and (d) any Environmental Response Trust Property designated as an Abandonment Property pursuant to the provisions of Section IV.O.2.c.
Abandonment Property has the meaning set out in Section 8.14. “Additional Term” has the meaning set out in Section 6.1(a).
Abandonment Property has the meaning set forth in Section 13.1.
Abandonment Property has the meaning given in Section 8.3(a) and, for certainty, includes the surrendered mineral titles acquired by the Company, or an Affiliate of the Company or their respective Personnel, agents or joint actors, as referred to in Section 8.3(d);
Abandonment Property has the meaning given to it in Section 9.0. “Acquired Properties” has the meaning given to it in Section 5.2(d).‌