Examples of Gladioli Companies in a sentence
Each of the Gladioli Companies and the Gladioli Shareholders hereby indemnify and hold harmless each of BML and Kalimantan Gold from and against all losses (including lost profits and revenues), costs, expenses, claims and liabilities that they suffer or incur as a result of legal title to the relevant Tenements not being transferred to Kalimantan Gold prior to commencement of a Project.
The Gladioli Companies shall, subject only to any restrictions contained in the Act and other government regulations, allow its Tenements which are the subject of a Project to be used as security to finance a Project and shall execute all documents and do all things required to perfect the security in favour of the financier(s).
Each of the Gladioli Companies and the Gladioli Shareholders hereby indemnify and hold harmless each of BML, Olympus and NBG from and against all losses (including lost profits and revenues), costs, expenses, claims and liabilities that 27 they suffer or incur as a result of legal title to the relevant Tenements not being transferred to NBG prior to commencement of a Project.
Following the date of this Deed, unless otherwise agreed in writing by BML and Olympus, none of the Gladioli Shareholders, the Gladioli Companies, BML, or any Related Company or Affiliate of any of them (apart from NBG) shall make an application for or acquire a mining tenement in Sarawak.
If NBG or the Milling Company decides to explore and mine or utilise any area for Gold Mining Activities, the Gladioli Companies shall cease all other activities on such area provided always that NBG or the Milling Company (as relevant) shall use all reasonable endeavours to minimise disruption to any pre-existing activities in the subject areas and shall use all reasonable endeavours to undertake, as far as possible, a complementary mining scheme with the quarry operators’ quarrying scheme.
The assignment by the Gladioli Companies of their equitable and economic interests in the Bau Project to NBG.
Each of the Gladioli Shareholders jointly and severally warrant and undertake to BML and Olympus that they have not granted any rights or other interests in, or created any encumbrances over, their shares in the Gladioli Companies.
Without in any way limiting clause 16.4(h), each of the Gladioli Companies shall execute a power of attorney in favour of NBG, BML, and Olympus in the form attached as Schedule G.
The Gladioli Companies and the Gladioli Shareholders shall indemnify and keep each of BML and Olympus indemnified against all material loss, damage and costs suffered or incurred by BML by reason of the warranties or representations contained in clause 3.1 proving to be incorrect.
Subject to clause 6.7 or as expressly provided elsewhere in this Deed, each party covenants in favour of each of the other parties (severally) that it shall not do or omit to do anything knowingly whereby the right or interest of the Gladioli Companies to keep the Tenements registered in their name may be lost, forfeited, surrendered, suspended or otherwise prejudiced.