Contributions by Participants. Without in any way limiting the powers otherwise provided for in this Agreement, the Bylaws, or by statute, the Authority shall have the power and authority to receive, accept and utilize the services of personnel offered by any Participants or its representatives or agents; to receive, accept, and utilize property, real or personal, from any Participant or its agents or representatives; and to receive, accept, expend and disburse funds, contract or otherwise, for purposes consistent with the provisions of this Agreement, which funds may be provided by any Participant, its agents, or representatives.
Contributions by Participants. 12 5.1 Participants' Initial Contributions.........................................................12 5.2 Failure to Make Initial Contributions.......................................................12 5.3 Obligations Prior to Earn-in................................................................13 5.4
Contributions by Participants. 10 5.1 Participants' Initial Contributions........................................ 10 5.2 Contributions During Initial Contribution Period........................... 10 5.3 Contributions During Period of Joint Operations............................ 11 VI.
Contributions by Participants. No contributions by Participants shall be required for participation in the Plan nor shall contributions by Participants be permitted hereunder.
Contributions by Participants. 5.01 Initial Contributions of Participants 5.02 Failure of FGMI To Make Initial Contribution 5.03 Additional Cash Contributions
Contributions by Participants. 10 5.1. PARTICIPANTS' INITIAL CONTRIBUTIONS..................................................................10 5.2. OBLIGATIONS PRIOR TO EARN-IN ........................................................................10 5.3. PAYMENTS BY FSD TO IDO:..............................................................................11 5.4. TERMINATION OF FSD'S OBLIGATION TO MAKE INITIAL CONTRIBUTION.........................................12 5.5.
Contributions by Participants. 4.1 Dragon will carry out exploration programs on the Properties as follows:- a) To target diamond producing areas ("Target Area") according to Dragon's engineer's recommendations; b) To pursue the purposes set out in section1.2 herein;
Contributions by Participants. 11 5.1 Contributions . . . . . . . . . . . . . . . . . . . . . . . . . 11 5.2
Contributions by Participants. 5.1 Participants' Initial Contributions AM, as its Initial Contribution, hereby contributes the Properties described in Schedules A-1 and A-2 to the purposes of this Agreement. TMC, as its Initial Contribution, shall contribute the Exploration Expenditures and payment as hereinafter set forth.
Contributions by Participants. 10 5.1. Participants' Initial Contributions.......................... 10 5.2. Obligations Prior to Earn-In ................................ 10 5.2.1. Annual and Cumulative Exploration Expenditures Commitment.............................. 11 5.2.2. Overhead Charges During Earn-In...................... 11 5.2.3. Carryforward of Excess Cumulative Exploration Expenditures............................ 11 5.2.4. Maintenance of Properties During Earn-In............. 11 5.3. Payments By ICMC to CCA...................................... 11 5.3.1. Payment at Closing................................... 11 5.3.2. Annual Payment of Stock.............................. 11 5.3.3. Crescent Creek Net Smelter Return.................... 12 5.4. Termination of ICMC's Obligation to Make Initial Contribution................................................ 12 5.5. Additional Cash Contributions................................ 12 5.6. Earn-In...................................................... 12 5.7. Reports...................................................... 12 Montana PGM Venture Agreement February 1, 2000 CONFIDENTIAL
