Unpatented definition

Unpatented. Mining Claims Schedule 3.9(b).....Conflicting Claims Schedule 3.9(c).....Surface Rights Agreement Schedule 3.9(d).....Water Rights Schedule 3.10(a)....Machinery and Equipment Schedule 3.10(b)....Liens Schedule 3.13..............Contracts and Commitments Schedule 3.14..............Intellectual Property Schedule 3.15..............Litigation; Proceedings Schedule 3.18..............Collective Bargaining Agreements Schedule 3.19..............Employee Benefit Plans Schedule 3.20..............Insurance Schedule 3.23..............Environmental Matters Schedule 3.27(a)....Warranty Schedule 3.27(b)....Warranty/Products Liability Actions Schedule 5.1(g).....Interim Financial Information INDEX OF DEFINITIONS
Unpatented in respect of a mining claim, means a mining claim that is a particular parcel of Federal land, valuable for a specific mineral deposit or deposits. It is a parcel for which an individual has asserted a right of possession. The right is restricted to the extraction and development of a mineral deposit. The rights granted by a mining claim are valid against a challenge by the United States and other claimants only after the discovery of a valuable mineral deposit.

Examples of Unpatented in a sentence

  • Unpatented research products or resources—research tools—may be made available through licensing to vendors or other investigators.

  • Upon timely payment of the Note in full, ▇▇▇▇▇▇ ▇▇▇▇▇▇ will transfer without any warranties/representations to Buyer all his interest (if any) in the Unpatented Claims by Quit Claim Deed.

  • Seller will timely pay/file all BLM fees/notices and County Notice of Intent fees/notices on the Unpatented Claims until Buyer timely pays the Note in full and Seller transfers the Unpatented Claims to Buyer.

  • The obligations in the following sections shall survive the expiration or any termination of this Agreement: Survival, Patents; Trademarks; Unpatented Information, Applicable Law, Export Restrictions, Nondisclosure, and Limitation of Liability.

  • Grantor owns the real property described in [Part I (Fee Property), Part II (Patented Mining Claims), Part III (Unpatented Mining Claims) and Part IV (Mining Leases)] of Exhibit A to this Deed (the “Properties”).

  • Unpatented research products or resources—research tools— may be made available through licensing to vendors or other investigators.

  • Owner hereby grants, leases and demises the Premises, and warrants peaceable enjoyment of the Premises pursuant to the warranties contained herein, unto Gentor, its successors and assigns, for the term and for the purposes hereinafter provided as much as Owner can on Unpatented Mining Claims.

  • Exhibit ‘A’ - List of Unpatented Claims Exhibit ‘B’ - Area of Interest Exhibit ‘C’ - Net Smelter Return Reservation THIS OPTION AGREEMENT (this “Agreement”) is made and entered into effective as of October 11, 2004 by and among STONE MOUNTAIN RESOURCES INC.

  • Neither the Company nor any of its Subsidiaries currently leases any Unpatented Claims to any third party.

  • Stone has the right at any time until one hundred and eight days (108) after a production decision is made to place the Properties into commercial production to purchase up to one half (1/2) of the Production Royalty from the Unpatented Mining Claims representing 1½% of the Net Smelter Return at the rate of $500,000 for each ½% of the Net Smelter Return.