Interest in the Property Sample Clauses

Interest in the Property. The Parties intend that the Royalty, to the maximum extent permissible under applicable Law, constitutes an interest in the Property and agree that:

Interest in the Property. To the knowledge of Almaden and Xxxxxx Xxxxxxx, Xxxxxx Xxxxxxx is the beneficial owner of an undivided 30% interest in the Caballo Xxxxxx Property and the registered owner of 100% interest in the Caballo Xxxxxx Property, free and clear of any and all Encumbrances, subject to the Existing Encumbrances and the Caballo Option Agreement;

Interest in the Property. Other than with respect to the Concession (which is addressed in paragraph 7(f) below), the Seller is the beneficial owner or holder of the Property listed in Schedule E, free and clear of all Encumbrances except Permitted Encumbrances. The Seller’s interests and rights in the Property are in good standing and to the extent required have been properly registered and recorded in compliance with Applicable Laws, Regulatory Approvals, and Permits, and, subject to the rights of any Governmental Authority having jurisdiction, no person has any adverse or competing claim in the Property except in each case where failure to have such standing, to make such registrations and recordings, or such adverse or competing claim would not result in a Material Adverse Effect.

Interest in the Property. To the knowledge of Goldgroup and Candymin, neither Goldgroup nor Candymin have entered into any contract or done any act whereby the El Cobre Interest has been or may become impaired or encumbered or subject to an adverse interest;