Material Properties definition
Examples of Material Properties in a sentence
The Underwriters shall have received a favourable title review letter addressed to the Underwriters, in form and substance satisfactory to the Underwriters, dated as of the Closing Date as to the title and ownership interest in the Material Properties.
The Company is in material compliance with the provisions of NI 43-101 and has filed all technical reports in respect of the Material Properties required thereby.
To the knowledge of the Company, there is no artisanal mining activity occurring on the Mineral Properties and the Company and the Subsidiaries do not anticipate any material issues or liabilities to arise that would adversely affect the ability to explore, develop and operate the Material Properties.
No part of the Material Properties, Mining Rights or Permits have been taken, revoked, condemned or expropriated by any Governmental Authority nor has any written notice or proceedings in respect thereof been given, or to the knowledge of the Company, been commenced, threatened or is pending, nor does the Company have any knowledge of the intent or proposal to give such notice or commence any such proceedings.
There has not been in the last two years and there is not currently any actions, proceedings, inquiries, disruptions, protests, blockades or initiatives by non-governmental organizations, activist groups or similar entities or persons, that are ongoing or anticipated which did or could materially adversely affect the ability to explore, develop and operate the Material Properties.