BCMC definition
Examples of BCMC in a sentence
Consultant shall perform all work necessary to carry out said investigations and evaluations in an efficient, professional manner and set forth the results of said investigations and evaluations and Consultant’s recommendations in reports as required by BCMC.
Upon request by BCMC, Consultant shall execute, acknowledge and deliver to BCMC all instruments which it may deem necessary or desirable to enable BCMC to acquire or prosecute title to any such property.
Notwithstanding any other provisions hereof, in the event that Consultant becomes entitled to payment from BCMC hereunder and BCMC is unable to, or refuses to, pay Consultant all amounts owed to him, EVE hereby assumes liability for all amounts payable to Consultant hereunder and agrees to indemnify the Consultant for any such amounts owed but not paid in full, subject to any defences to such liability as may have been available to BCMC.
The restrictions of this Section shall remain in effect until termination of this Agreement except upon prior written waiver by BCMC, unless termination of the Agreement is for reasons of just cause in which case such restriction shall remain in effect for a period of one year after such termination and provided in any case that Consultant does not use confidential information of BCMC to acquire any properties.
Consultant agrees to dedicate his services to BCMC and EVE on a full-time and exclusive basis for the term of this Agreement for all consulting work undertaken in Peru.
Consultant shall indemnify BCMC and EVE for and hold BCMC and EVE harmless from and against any and all damage, loss or injury or liability for a claim of damage, loss or injury to persons or property caused by or resulting from any negligent act, omission or default of Consultant.
Consultant shall indemnify BCMC for and hold BCMC harmless from and against any and all damage, loss or injury or liability for or claim of damage, loss or injury to persons or property caused by or resulting from any act, omission or default of any subcontractor employed by Consultant.
Consultant shall not acquire, without the express written consent of BCMC, mineral concessions or any other interest in mineral rights in Peru during the term of this Agreement unless for the benefit of BCMC.
On each anniversary of the date of closing of the Qualifying Transaction, the term of this Agreement shall be automatically extended for one additional year unless, not less than 30 days prior to such anniversary, EVE or BCMC shall have given written notice to the Consultant that it does not wish to further extend this Agreement.
BCMC shall have no direction or control as to the mode, method or manner of the performance of the work, it being concerned only with defining the work to be done and with the results accomplished.