Common use of Grant and Exercise of Option Clause in Contracts

Grant and Exercise of Option. (a) The Optionor hereby grants to the Optionee the sole and exclusive right and option to acquire up to an undivided 100% right, title and interest in and to the Property, free and clear of all charges, encumbrances, claims, liabilities and adverse interests of any nature or kind, except for the Royalty.

Appears in 10 contracts

Samples: Option Agreement (Enertopia Corp.), Property Option Agreement (Solo International, Inc), Property Option Agreement (Us Tungsten Corp.)

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Grant and Exercise of Option. 4. (a) The Optionor hereby grants to the Optionee the sole and exclusive right and option to acquire up to an undivided a 100% right, title and undivided interest in and to the Property, Property free and clear of all charges, encumbrances, encumbrances and claims, liabilities and adverse interests of any nature or kind, except for the Royalty.

Appears in 6 contracts

Samples: Option Agreement (Big Bear Resources Inc.), Option Agreement (Big Bear Resources Inc.), Option Agreement (Big Bear Resources Inc.)

Grant and Exercise of Option. 4. (a) The Optionor hereby grants to the Optionee the sole and exclusive right and option to acquire up to an undivided a 100% right, title and undivided interest in and to the Property, free and clear of all charges, encumbrances, encumbrances and claims, liabilities and adverse interests of any nature or kind, except for the Royalty.

Appears in 2 contracts

Samples: Mineral Property Option Agreement (Black Hawk Exploration), Mineral Property Option Agreement (Black Hawk Exploration)

Grant and Exercise of Option. 4. (a) The Optionor hereby grants to the Optionee the sole and exclusive right and option to acquire up to an a 75% undivided 100% right, title and interest in and to the Property, Property free and clear of all charges, encumbrances, encumbrances and claims, liabilities and adverse interests of any nature or kind, except for the Royalty.

Appears in 1 contract

Samples: Option Agreement (Merritt Ventures Corp)

Grant and Exercise of Option. (a) 5.1 The Optionor Optionors hereby grants grant to the Optionee the sole and exclusive right and option option, subject to the terms of this Agreement, to acquire up to an undivided a 100% right, title legal and beneficial interest in and to the Property, free and clear of all charges, encumbrances, claims, liabilities Encumbrances save and adverse interests of any nature or kind, except for the Royalty.Permitted Royalties (the “Option”).‌

Appears in 1 contract

Samples: Mineral Property Option Agreement

Grant and Exercise of Option. (a) 2.1 The Optionor hereby grants to the Optionee the sole and exclusive right and option to acquire up to an undivided a 100% right, title and undivided interest in and to the Property, subject to the Royalty, free and clear of all charges, encumbrances, claims, liabilities encumbrances and adverse interests of any nature or kind, except for claims on the Royalty.following terms and subject to the following conditions:

Appears in 1 contract

Samples: Option Agreement (Pengram Corp)

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Grant and Exercise of Option. (a) 4. The Optionor hereby grants to the Optionee the sole and exclusive right and option to acquire up to an undivided 100a 70% right, title and interest in and to the Property, free and clear of all charges, encumbrances, claims, liabilities claims and adverse interests of any nature or kind, except for the Royalty.. The Option may be exercised by:

Appears in 1 contract

Samples: Option Agreement (Pepper Rock Resources Corp.)

Grant and Exercise of Option. (a) 4. The Optionor hereby grants to the Optionee the sole and exclusive right and option to acquire up to an undivided a 100% right, title and interest in and to the Property, free and clear of all charges, encumbrances, claims, liabilities claims and adverse interests of any nature or kind, except for the Royalty.. The Option may be exercised by:

Appears in 1 contract

Samples: Option Agreement (Greenwood Gold Resources, Inc.)

Grant and Exercise of Option. (a) The Optionor and Xxxxxx hereby grants grant to the Optionee the sole and exclusive right and option to acquire up to an undivided 100% right, title and interest in and to the Property, free and clear of all charges, encumbrances, claims, liabilities and adverse interests of any nature or kind, except for the Royalty.

Appears in 1 contract

Samples: Option Agreement (Enertopia Corp.)

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