Operating Mine definition

Operating Mine means the San ▇▇▇▇ Mine and the Black Fox Mine, and each mine that becomes operational after the date of this Agreement.
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Operating Mine means the San Jose Mine and the Black Fox Mine, and each mine that becomes operational after the date of this Agreement.
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Operating Mine means once commercial operations commence with the commencement of production of Minerals pursuant to the Relevant Legislation, and as certified by an independent third party.
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Examples of Operating Mine in a sentence

  • Any Group Entity takes or seeks to take any action to (a) abandon all or any material portion of the Mining Assets, (b) abandon the construction of the Gold Bar Asset, (c) put any Operating Mine on care and maintenance, or (d) otherwise suspend construction, development or mining operations, any Operating Mine (other than temporary suspensions for sound operational reasons not to exceed three (3) months).

  • If this Agreement is terminated or otherwise expires, and if the Property is classified as an "Operating Mine" as a result of lessee's activities, Lessee shall pay all ad valorem taxes based on such classification until such classification is removed.


More Definitions of Operating Mine

Operating Mine means any licensed mining operation
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Operating Mine means a mine that has entered into production and from which coal is being sold in commercial quantities as at the Commencement Date;
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Related to Operating Mine

  • Operating Margin means the incremental adjustments, measured in megawatts, required in PJM Region operations in order to accommodate, on a first contingency basis, an operating contingency in the PJM Region resulting from operations in an interconnected Control Area. Such adjustments may result in constraints causing Transmission Congestion Charges, or may result in Ancillary Services charges pursuant to the PJM Tariff.

  • Operating Assets means all merchandise inventories, furniture, fixtures and equipment (including all transportation and warehousing equipment but excluding office equipment and data processing equipment) owned or leased pursuant to Capital Leases by the Company or a Restricted Subsidiary.

  • Operating pressure means the pressure at which the parts of an irrigation system are designed by the manufacturer to operate.

  • Operating Cash Flow means the Company’s or a business unit’s sum of Net Income plus depreciation and amortization less capital expenditures plus changes in working capital comprised of accounts receivable, inventories, other current assets, trade accounts payable, accrued expenses, product warranty, advance payments from customers and long-term accrued expenses, determined in accordance with generally acceptable accounting principles.

  • Operating Property means any property owned, leased, or operated by the Party in question or by any of its Subsidiaries or in which such Party or Subsidiary holds a security interest or other interest (including an interest in a fiduciary capacity), and, where required by the context, includes the owner or operator of such property, but only with respect to such property.