Recording Expense definition
Recording Expense means the costs associated with the recording and registering of the Additional Claims in the name of Freegold USA with the appropriate governmental, state, local or federal authorities as appropriate which is, as of the date hereof , expected to be approximately US$60,000;
Examples of Recording Expense in a sentence
In such event the total Recording Expense and the total Staking Expense will be classified as Exploration Costs for the first year of the Second Exploration Period.
If it appears as though the Recording Expense will be in excess of US$66,000 Freegold USA will obtain written approval from Lonmin prior to incurring the Recording Expense.