Exploration Expenses Sample Clauses

Exploration Expenses. Exploration Expenses incurred in a given year after the Commencement of Commercial Production within the Area of Interest shall be deducted up to an annual maximum of ten million U.S. Dollar in the year they are incurred. Excess amounts shall be capitalized without interest and deducted over the immediately following three (3) year period.
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Exploration Expenses. For the purposes of this Agreement and in accordance with the provisions of Article 4 of Supreme Decree No. 054-2008-EM, the concept of Exploration Expenses include but are not limited to the following: payments of the validity fee and/or legal penalties; expenses related to geologic mapping, surveying, sampling and/or geochemical analysis, geophysical surveys (MAG, IP etc.), geological mapping, diamond drilling and/or reverse air, laboratories, wages of local and/or foreign workers, payments to domestic and/or foreign consultants; expenses arising from the agreements reached with the communities for the use of the land surfaces, excavations, trails and/or necessary access, camps, trenches, geophysical surveying and/or any other expenses related directly or indirectly to the exploration activity that is needed for the development of the Mining Right.
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Exploration Expenses. Exploration Expenses" shall mean and include expenditures made by ANGLOGOLD in its sole discretion, after the Effective Date, to ascertain the existence, location, extent or quantity of any deposit of Minerals on the Properties including, without limitation, drilling and other exploration activities directly related to drilling, mapping, surveying, sampling, assaying, geophysical work, metallurgical testing, feasibility studies, geochemical analyses, road building, and trenching, as well as all land acquisition costs and land holding costs made by or reimbursed to RIMFIRE by ANGLOGOLD for the staking and location of mining claims, lease rental payments and advance royalty payments and all Governmental Rentals.
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Exploration Expenses. Globetech shall fund exploration expenditures on the Amapa Claims in the following amounts:
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Exploration Expenses. For the purposes of this Agreement, the term "Exploration Expenses" shall mean all cash, expenses and obligations spent or incurred by CCSA or any Person on its behalf, in any activity, including the early stage of exploration, evaluation and development of mining exploration activities, on or for the Bajo Pobre Mining Property, to obtain new exploration or incorporation licenses or mining rights concessions for and on behalf of FKM or possible joint venture partners resulting from the activities carried out on the Bajo Pobre Mining Property. Such Exploration Expenses shall include but shall not be limited to land payments, duties, taxes and charges required to maintain the Bajo Pobre Mining Property and its respective mining rights, licenses and activities in proper form and enforceable; all the expenses for geophysical, geochemical and geological exploration works; all the expenses for surveying, drilling, assaying, metallurgical testing and any other expense that directly benefits the Bajo Pobre Mining Property and the exploration work carried out thereon; and a charge for the Operator, equal to 7% of the Exploration Expenses incurred by them or on their behalf, as compensation for administrative tasks and corporate, technical and administrative support which otherwise would not be charged. Proof of all such expenses must be sent by CCSA to FKM in writing within ninety (90) days of the end of each Year. For greater clarity, it is understood that the Exploration Expenses shall include, but shall not be limited to Value Added Tax, Gross Income Tax, Tax on Bank Account Debits and Credits, Tax on Bank Transfers and any other tax, duty or government levy, whether National, Provincial or Municipal, now established or to be established in the future, on the items mentioned above.
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Exploration Expenses 
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Related to Exploration Expenses

  • Acquisition Expenses Any and all expenses incurred by the Company, the Advisor, or any Affiliate of either in connection with the selection, acquisition or development of any Asset, whether or not acquired, including, without limitation, legal fees and expenses, travel and communications expenses, costs of appraisals, nonrefundable option payments on property not acquired, accounting fees and expenses, and title insurance premiums.

  • Litigation Expenses If either party successfully seeks to enforce any provision of this Agreement or to collect any amount claimed to be due under it, this party will be entitled to reimbursement from the other party for any and all of its out-of-pocket expenses and costs including, without limitation, reasonable attorneys' fees and costs incurred in connection with the enforcement or collection.

  • COMPENSATION; EXPENSES (a) In consideration of the foregoing, the Advisor shall pay the Sub-advisor, with respect to the Fund, a fee as specified in Appendix B hereto. Such fees shall be accrued by the Advisor daily and shall be payable monthly in arrears on the first business day of each calendar month for services performed hereunder during the prior calendar month. If fees begin to accrue in the middle of a month or if this Agreement terminates before the end of any month, all fees for the period from that date to the end of that month or from the beginning of that month to the date of termination, as the case may be, shall be prorated according to the proportion that the period bears to the full month in which the effectiveness or termination occurs. Upon the termination of this Agreement with respect to the Fund, the Advisor shall pay to the Sub-advisor such compensation as shall be payable prior to the effective date of termination.

  • ALPS Compensation; Expenses (a) ALPS will bear all expenses in connection with the performance of its services under this Agreement, except as otherwise provided herein. ALPS will not bear any of the costs of Fund personnel. Other Fund expenses incurred shall be borne by the Fund or the Fund’s investment adviser, including, but not limited to, initial organization and offering expenses; the blue sky registration and qualification of Shares for sale in the various states in which the officers of the Fund shall determine it advisable to qualify such Shares for sale (including registering the Fund as a broker or dealer or any officer of the Fund as agent or salesman in any state); litigation expenses; taxes; costs of preferred shares; expenses of conducting repurchase offers for the purpose of repurchasing Fund shares; administration, transfer agency, and custodial expenses; interest; Fund directors’ or trustees’ fees; brokerage fees and commissions; state and federal registration fees; advisory fees; insurance premiums; fidelity bond premiums; Fund and investment advisory related legal expenses; costs of maintenance of Fund existence; printing and delivery of materials in connection with meetings of the Fund’s directors or trustees; printing and mailing of shareholder reports, prospectuses, statements of additional information, other offering documents and supplements, proxy materials, and other communications to shareholders; securities pricing data and expenses in connection with electronic filings with the U.S. Securities and Exchange Commission (the “SEC”).

  • Relocation Expenses 19841 Provides relocation expenses for involuntary transfer or promotion requiring a change in residence.

  • Collection Expenses The Borrower further agrees, subject only to any limitation imposed by applicable law, to pay all expenses, including reasonable attorneys’ fees, incurred by the holder of this Note in endeavoring to collect any amounts payable hereunder which are not paid when due.

  • Organization Expenses All expenses incurred in connection with organization of the Company will be paid by the Company.

  • Termination Expenses Termination Expenses are in addition to compensation for Basic and Supplemental Services, and are full compensation for all damages and expenses which are directly or indirectly attributable to termination. Termination Expenses are applicable only to a termination for convenience by Owner and shall be computed as a percentage of the total compensation for Basic Services and Supplemental Services earned to the time of termination, as follows:

  • Distribution Expenses Each of the Funds expressly agrees to pay to Service Company, as requested, the Fund’s portion of the actual cost of distributing shares of the Funds, which shall mean its share of all of the direct and indirect expenses of a marketing and promotional nature including, but not limited to, advertising, sales literature, and sales personnel, as well as expenditures on behalf of any newly organized registered investment company which is to become a party of this Agreement pursuant to Section 5.4. The cost of distributing shares of the Funds shall not include distribution-related expenses of an administrative nature, which shall be allocated among the Funds pursuant to Section 3.2(A). Distribution expenses of a marketing and promotional nature shall be allocated among the Funds in the manner approved by the Securities and Exchange Commission in Investment Company Act Release No. 11645 (Feb. 25, 1981):

  • Litigation Expense In the event of a default under this Agreement, the defaulting party shall reimburse the nondefaulting party for all costs and expenses reasonably incurred by the nondefaulting party in connection with the default, including without limitation attorney's fees. Additionally, in the event a suit or action is filed to enforce this Agreement or with respect to this Agreement, the prevailing party or parties shall be reimbursed by the other party for all costs and expenses incurred in connection with the suit or action, including without limitation reasonable attorney's fees at the trial level and on appeal.

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