Claimstaker definition

Claimstaker means J-Pacific Gold Inc., formerly known as Claimstaker Resources Ltd., a corporation organized under the laws of the Province of British Columbia, and its successors and assigns.
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Examples of Claimstaker in a sentence

  • If Claimstaker or Golden Trend, as applicable, elects to surrender the Property, on delivery to you from Claimstaker or Golden Trend, as applicable, of written notice from Claimstaker or Golden Trend, as applicable, of such surrender, you shall enter the date of surrender on and deliver to Rubicon, at Rubicon's address described below, the Reconveyance Deed.

  • You are advised that in accordance with the terms of the Agreement and the Deed With Reservation of Net Smelter Returns Royalty, the parties have agreed that Claimstaker and Golden Trend shall execute a Deed of Unpatented Mining Claims (the "Reconveyance Deed") to be deposited with you and to be delivered in accordance with the instructions of Sections 8 and 9 of the Agreement.

  • If such default is not remedied within thirty (30) days after receipt of the notice, provided the same can reasonably be done within that time, or, if not, if Claimstaker has not within that time commenced action to cure the same or does not after such commencement diligently prosecute such action to completion, Rubicon may terminate this Agreement by delivering notice to Claimstaker of Rubicon's termination of this Agreement.

  • On the Closing, Claimstaker shall acquire and own the Property, subject to Rubicon's rights and Claimstaker's obligations under the Deed.

  • Claimstaker and Jipangu each own 50% of the issued and outstanding shares of the Company.

  • If Claimstaker elects to exercise the Royalty Option, in whole or in part, it shall do so in accordance with the terms of the Deed.

  • If any of Rubicon, Claimstaker or Golden Trend commences an action against the other and either party requests that you deliver to the court the documents deposited in escrow, you are authorized to deposit the documents in court.

  • In consideration of your acting as Escrow Agent, as defined in the Agreement, Rubicon and Claimstaker agree that you shall in no case or event be liable for the failure of any of the conditions of this escrow or any damage caused by the exercise of your responsibilities, except your gross negligence or willful misconduct with respect to the escrow.

  • If Claimstaker exercises the Royalty Option, the percentage rate of the Royalty shall be reduced by an absolute I% or 2%, as applicable.

  • Claimstaker shall pay to Rubicon the sum of $ 10,000.00 on December 15, 2001, and on a like date of each subsequent year in accordance with the terms of the Deed.