Common use of Grant and Exercise of Option Clause in Contracts

Grant and Exercise of Option. 2.1 Subject to the terms of this Agreement, the Optionors hereby grant to the Optionee the sole and exclusive right and option (the “Option”) to acquire up to a 50% interest in and to the Property, such 50% interest to be free and clear of all liens, charges, encumbrances, security interests and adverse claims arising from or through the Optionors, and subject to the laws applicable to the Property.

Grant and Exercise of Option. 2.1 Subject to the terms of this Agreement, the Optionors 3.1 The Optionor hereby grant grants to the Optionee the sole and exclusive right and option (the “Option”) to acquire up to a 50% an undivided seventy percent (70%) interest in and to the Property, such 50% interest to be Property free and clear of all liens, charges, encumbrances, security interests encumbrances and adverse claims arising from or through the Optionors, and subject to the laws applicable to the Propertyclaims.

Grant and Exercise of Option. 2.1 3.1 Subject to the terms of and conditions set out in this Agreement, the Optionors Optionor hereby grant grants to the Optionee the sole and exclusive right and option (the “"Option”") to acquire up to a 50% earn an undivided sixty percent (60%) interest in and to the Property, such 50% interest to be Property free and clear of all liens, charges, encumbrancesEncumbrances and claims by making the payments, security interests incurring the Exploration Expenditures and adverse claims arising from or through issuing the Optionors, and subject to the laws applicable to the PropertyConsideration Shares as set out in Section 3.2.

Grant and Exercise of Option. 2.1 Subject to the terms of this Agreement, the Optionors 3)1 The Optionor hereby grant grants to the Optionee the sole and exclusive right and option (the “Option”) to acquire up to a 50% an undivided fifty-one percent (51%) interest in and to the Property, such 50% interest to be Property free and clear of all liens, charges, encumbrances, security interests encumbrances and adverse claims arising from or through the Optionors, and subject to the laws applicable to the Propertyclaims.

Grant and Exercise of Option. 2.1 Subject to the terms of this Agreement, the Optionors 4.1 The Optionor hereby grant grants to the Optionee the sole and exclusive right and option (the “"Option”") to acquire up to a 50% fifty-one percent (51%) interest in and to the Property, such 5051% interest interest, subject to the Underlying Royalty, to be free and clear of all liens, charges, encumbrances, security interests and adverse claims arising from or through the OptionorsOptionor, and subject to the laws applicable to the Property.

Grant and Exercise of Option. 2.1 Subject to the terms of this Agreement, the Optionors 3.1 The Optionor hereby grant grants to the Optionee the sole and exclusive right and option (the “Optionthe“Option”) to acquire up to a 50% an undivided seventy percent (70%) interest in and to the Property, such 50% interest to be Property free and clear of all liens, charges, encumbrancesencumbrances and claims, security interests except for the Mining Lease and adverse claims arising from or through the Optionors, and subject to the laws applicable to the PropertyRoyalty.

Grant and Exercise of Option. 2.1 Subject to the terms of this Agreement, the Optionors 4.1 The Optionor hereby grant grants to the Optionee the sole and exclusive right and option (the “"Option”") to acquire up to a 50% seventy percent (70%) interest in and to the Property, such 5070% interest to be free and clear of all liens, charges, encumbrances, security interests and adverse claims arising from or through the OptionorsOptionor except for the Third Party Interests, and subject to the laws applicable to the Property.