FGMI definition

FGMI means Fairbanks Gold Mining, Inc., a Delaware corporation.
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FGMI as used in this guaranty, shall mean FGMI’s successors or FGMI and concurrent interest holders, as applicable. Guarantor hereby waives any defense based upon any act or omission of the State (except acts or omissions in bad faith) which materially increases the scope of Kinross Gold U.S.A., Inc. risk, including negligent administration of the Lease and other authorizations identified therein. This Guaranty shall be in addition to and without prejudice to any other security given by anyone (including but not limited to FGMI) to the State and held at any time by the State in connection with any such duty, obligation, and liability. This Guaranty shall be interpreted, construed, and enforced in accordance with the laws of the State of Alaska. Venue for any civil action relating to this guarantee shall be in the Fourth Judicial District, State of Alaska. This Guaranty shall be binding upon Kinross Gold U.S.A., Inc. and the successors and assigns of Kinross Gold U.S.A., Inc. and shall inure to the benefit of the State and its successors and assigns. All notices required or permitted to be given pursuant to this Guaranty shall be in writing and shall be addressed respectively as follows: GUARANTOR: Kinross Gold U.S.A., Inc. Or Facsimile: Telephone: THE STATE: State of Alaska Department of Natural Resources Division of Mining, Land and Water Attn: Director ▇▇▇ ▇ ▇▇▇ ▇▇▇▇▇▇, ▇▇▇▇▇ ▇▇▇▇ ▇▇▇▇▇▇▇▇▇, ▇▇ ▇▇▇▇▇-▇▇▇▇ Or Facsimile: (▇▇▇) ▇▇▇-▇▇▇▇ Telephone: (▇▇▇) ▇▇▇-▇▇▇▇ All notices shall be given (a) by personal delivery to the addressee, (b) by electric communication, with a confirmation sent by registered or certified mail return receipt requested, or (c) by registered or certified mail return receipt requested. All notices shall be effective and shall be deemed delivered (a) if by personal delivery, on the date of delivery if delivered during normal business hours or on the next business day following delivery if not delivered during normal business hours, (b) if by electronic communication, on the next business day following the day of receipt (said day of receipt being the day of receipt at the office of the recipient) of the electronic communication, and (c) if solely by mail, on the next business day after actual receipt. This writing is intended by the parties to be the final expression of this Guaranty and is intended as a complete and exclusive statement of the terms of this Guaranty. There are no conditions to the full effectiveness of this Guaranty other tha...
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FGMI means Fairbanks Gold Mining, Inc. an Alaskan Corporation.
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Examples of FGMI in a sentence

  • As of the Closing Date, Kinross and FGMI shall assume all obligations for storing and transporting the Files and Records and Technical Data.

  • At the Closing, Kinross and FGMI shall also pay to Newmont, by wire transfer of immediately available funds, an amount equal to holding costs paid by Newmont to the lessors or grantors, or the United States or the State of Alaska or instrumentality thereof, to maintain the Property Agreements and the Claims ("Property Holding Costs") the due date of which occurs after April 30, 1999 and on or before the Closing Date.

  • Prior to the Closing, any release of information by Kinross or FGMI is subject to the terms of the Confidentiality Agreement.

  • Kinross or FGMI may terminate this Agreement, by written notice to Newmont any time prior to the Closing, in the event it discovers a material defect in Newmont's or the Venture's title to the Properties that arose through events other than the action or inaction of La Teko Resources, Inc.

  • Prior to Closing, no party may, without prior written approval from the other, assign any rights under this Agreement, except that FGMI may assign to a Kinross Affiliate, provided such Affiliate agrees in writing to assume all obligations of FGMI under this Agreement.

  • Guarantor waives any right it may have to require the State to proceed against or exhaust any bond or other security that the State holds from FGMI or to pursue any other remedy in the State's power.

  • Upon the execution, acknowledgment, and delivery of this Lease, FGMI at its sole cost will cause this Lease or a memorandum of this Lease signed by all parties hereto to be recorded in the Fairbanks Recording District.

  • After the Closing, mutual written agreement of the parties must be obtained prior to voluntarily releasing information concerning this Agreement or related activities only when Kinross or FGMI seek to name Newmont or NGC, or when Newmont or NGC seek to name Kinross or FGMI.

  • From the Agreement Date, until the Closing Date, upon reasonable notice to Newmont, Newmont shall allow Kinross and FGMI reasonable access to the Properties for purposes of conducting a non-invasive inspection of the Properties, and to the Files and Records and Technical Data wherever situated, and permit Kinross and FGMI to make and use copies and other reproductions thereof, subject to the Confidentiality Agreement between Newmont and Kinross dated November 11, 1998 ("Confidentiality Agreement").

  • At the Closing, Kinross and FGMI shall pay to Newmont twenty eight million dollars ($28 million) by wire transfer of immediately available funds, pursuant to written instructions provided by Newmont to Kinross at least 48 hours before the scheduled time of Closing.