Definition of Tenement

  1. Tenement means the Permits acquired by the Tipperary Parties pursuant to the Settlement Agreement, and any extension or renewal thereof and any tenement, title or right granted pursuant to the Act or otherwise in substitution for or in replacement of the Tenement or any previous replacement tenement, or granted over all or any part of the area formerly covered by the Tenement or a previous Replacement Tenement immediately or at any time after the expiration or surrender of such Tenement or part of such Tenement, provided that the Tipperary Parties has an interest in such tenement, and includes any extension or renewal of any such tenement;

Examples of Tenement in a sentence

  1. The Buyer acknowledges and agrees that the Seller makes no warranty or representation, and gives no assurance, in respect of the likelihood of grant, or the terms of grant, of any exploration or mining tenement pursuant to any Tenement Application.
  2. Additional Tenement Area means the area shown or a substantial part of the area shown on the diagram attached as Annexure A.

Definition of Tenement in Settlement Agreement

Tenement means the Permits acquired by the Tipperary Parties pursuant to the Settlement Agreement, and any extension or renewal thereof and any tenement, title or right granted pursuant to the Act or otherwise in substitution for or in replacement of the Tenement or any previous replacement tenement, or granted over all or any part of the area formerly covered by the Tenement or a previous Replacement Tenement immediately or at any time after the expiration or surrender of such Tenement or part of such Tenement, provided that the Tipperary Parties has an interest in such tenement, and includes any extension or renewal of any such tenement;