Examples of Optionors in a sentence

If the Issuer elects to proceed with the Additional Option, it must pay the Optionors an additional$240,000 cash, issue the Optionors an additional 1,500,000 Shares and incur an additional $1,500,000 in Exploration Expenditures on the Property as follows: Table 2 Additional Option ObligationsNotes to Table 2 1.
Details of the steps taken by the Issuer to ensure that the vendor has good title to the assets being acquired: The Issuer has received full details of the mineral claims comprising the Property from the Optionors and has verified that the claims are in good standing as follows: LITTLE GRANITE UNPATENTED MINERAL CLAIMS IVANHOE/EMPORIA PATENTED MINERAL CLAIMS Owner Tax Inc.
The Optionors are the legal and/or beneficial owners of an undivided 100% interest in the Property, generally known as the "Project 176" (claim 103470 ) and “Project Itza” (claim numbers 103463, 103478 and 103465) located in the Thelon Basin in Nunavut and occupying a total are of 5661.93 hectares as more particularly described in Schedule "A" attached to and made a part of this Agreement.
Optionor shall make payment for all Option Shares with regard to which the put option is exercised within ten (10) days following Optionor's deemed receipt of the written notice exercising the Put Option.
Upon the partial royalty purchase, the Optionors will be left with one half of one percent (0.5%) NSR Royalty.

More Definitions of Optionors

Optionors means John A. Chapman and KGE Management Ltd., collectively.

Optionors means Andrew Carmichael and Justin Rodko;

Optionors means, collectively, Christopher R. Paul and Oliver Friesen.

Optionors means, collectively, all those persons or entities who granted the Options to Watertown, New Milford, and East Windsor.

Optionors means arm’s length parties Ken Ellerbeck and Gerald Locke, collectively, and each an “Optionor”.

Optionors means Mexivada and Minera Mexivada.

Optionors collectively means Lutynski, Divitiae and Mardu;