Mining Rights Term definition

Mining Rights Term means the term of this Agreement and for a period of ten (10) years (or, if less, the length of the Disposal Term) thereafter, provided, however, that the Mining Rights Term shall automatically terminate upon the transfer of the Landfill to any party other than the Contractor or an affiliate of the Contractor. Nothing in this Section 6.5 shall obligate the Contractor to engage in any landfill mining, unless the Contractor determines (after consultation with City) that doing so is commercially reasonable and profitable. Nothing in this Section 6.5 shall confer upon the City any rights against any subsequent owner or transferee of the Landfill. This Section 6.5 in no way reduces the responsibility of the Contractor to properly operate the Landfill or manage it after closure, nor does it subject the City to any liability.
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Examples of Mining Rights Term in a sentence

  • The “Mining Rights Term” means the term of this Agreement and for a period of ten (10) years (or, if less, the length of the Disposal Term) thereafter, provided, however, that the Mining Rights Term shall automatically terminate upon the transfer of the Landfill to any party other than the Contractor or an affiliate of the Contractor.

  • If the plan generates carbon credits during the Mining Rights Term (as defined in Section 6.5), the parties will negotiate in good faith the sharing of the net proceeds or net value of such credits attributable to tonnage Disposed at the Landfill pursuant to this Agreement.

  • If, at any time during the Mining Rights Term, the Contractor performs (or causes to be performed) any mining of materials Disposed at the Landfill, the parties will negotiate in good faith the sharing of the net profits (if any) earned by the Contractor during the Mining Rights Term from such mining that are attributable to tonnage Disposed at the Landfill pursuant to this Agreement.