Common use of Periodic Inventories, Notice and Representations Clause in Contracts

Periodic Inventories, Notice and Representations. At reasonable intervals, inventories shall be taken by the Manager, which shall include all such Material as is ordinarily considered controllable by operators of mining properties, and the expense of conducting such periodic inventories shall be charged to the Business Account. The Manager shall give written notice to the Participants of its intent to take any inventory at least thirty (30) days before such inventory is scheduled to take place. A Participant shall be deemed to have accepted the results of any inventory taken by the Manager if the Participant fails to be represented at such inventory.

Appears in 8 contracts

Samples: In Agreement (Entree Gold Inc), Equity Participation (Entree Gold Inc), In Agreement (Entree Gold Inc)

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Periodic Inventories, Notice and Representations. At reasonable intervals, inventories shall be taken by the Manager, which shall include all such Material as is ordinarily considered controllable by operators of mining properties, properties and the expense of conducting such periodic inventories shall be charged to the Business Account. The Manager shall give written notice to the Participants Members of its intent to take any inventory at least thirty (30) days before such inventory is scheduled to take place. A Participant Member shall be deemed to have accepted the results of any inventory taken by the Manager if the Participant Member fails to be represented at such inventory.

Appears in 8 contracts

Samples: Limited Liability Company Agreement, Limited Liability Company Operating Agreement (Solitario Exploration & Royalty Corp.), Limited Liability Company Operating Agreement (Thunder Mountain Gold Inc)

Periodic Inventories, Notice and Representations. At reasonable intervals, inventories shall be taken by the ManagerOperator, which shall include all such Material as is ordinarily considered controllable by operators of mining properties, properties and the expense of conducting such periodic inventories shall be charged to the Business Joint Account. The Manager Operator shall give written notice to the Participants of its intent to take any inventory at least thirty (30) days before such inventory is scheduled to take place. A Participant shall be deemed to have accepted the results of any inventory taken by the Manager Operator if the Participant fails to be represented at such inventory.

Appears in 3 contracts

Samples: Agreement (Pacific Booker Minerals Inc.), Joint Venture Agreement (Stirrup Creek Gold LTD), Joint Venture Agreement (Stirrup Creek Gold LTD)

Periodic Inventories, Notice and Representations. At reasonable intervals, inventories shall be taken by the Manager, which shall include all such Material as is ordinarily considered controllable by operators of mining properties, properties and the expense of conducting such periodic inventories shall be charged to the Business Joint Account. The Manager shall give written notice to the Participants of its intent to take any inventory at least thirty (30) 30 days before such inventory is scheduled to take place. A Participant shall be deemed to have accepted the results of any inventory taken by the Manager if the Participant fails to be represented at such inventory.

Appears in 2 contracts

Samples: Agreement, Agreement (Richmont Mines Inc)

Periodic Inventories, Notice and Representations. At The Manager shall at reasonable intervals, inventories shall be taken by the Managerintervals take inventories, which shall include all such Material as is ordinarily considered controllable by operators of mining properties, and the expense of conducting such periodic inventories shall be charged to the Business Account. The Manager shall give written notice to the Participants Members of its intent to take any inventory at least thirty (30) days before such inventory is scheduled to take place. A Participant Member shall be deemed to have accepted the results of any inventory taken by the Manager if the Participant Member fails to be represented at such inventory.

Appears in 2 contracts

Samples: Limited Liability Company Operating Agreement, Limited Liability Company Operating Agreement (Uranium Energy Corp)

Periodic Inventories, Notice and Representations. At reasonable intervals, inventories shall be taken by the Manager, which shall include all such Material as is ordinarily considered controllable by operators of mining properties, properties and the expense of conducting such periodic inventories shall be charged to the Business JointBusiness Account. The Manager managerManager shall give written notice to the Participants ParticipantsMembers of its intent to take any inventory at least thirty (30) days before such inventory is scheduled to take place. A Participant ParticipantMember shall be deemed to have accepted the results of any inventory taken by the Manager if the Participant ParticipantMember fails to be represented at such inventory.

Appears in 1 contract

Samples: Venturelimited Liability Company Agreement

Periodic Inventories, Notice and Representations. At reasonable intervals, inventories shall be taken by the Manager, which shall include all such Material as is ordinarily considered controllable by operators of mining properties, and the expense of conducting such periodic inventories shall be charged to the Business Account. The Manager shall give written notice to the Participants of its intent to take any inventory at least thirty (30) 30 days before such inventory is scheduled to take place. A Participant shall be deemed to have accepted the results of any inventory taken by the Manager if the Participant fails to be represented at such inventory.

Appears in 1 contract

Samples: Operating Agreement (Midway Gold Corp)

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Periodic Inventories, Notice and Representations. At reasonable intervals, inventories shall be taken by the ManagerCompany, which shall include all such Material as is ordinarily considered controllable by operators of mining properties, properties and the expense of conducting such periodic inventories shall be charged to the Business Account. The Manager Company shall give written notice to the Participants Members of its intent to take any inventory at least thirty (30) days before such inventory is scheduled to take place. A Participant Member shall be deemed to have accepted the results of any inventory taken by the Manager Company if the Participant Member fails to be represented at such inventory.

Appears in 1 contract

Samples: Contribution Agreement (Golden Phoenix Minerals Inc /Mn/)

Periodic Inventories, Notice and Representations. 5.1 At reasonable intervals, inventories shall be taken by the Manager, which shall include all such Material as is ordinarily considered controllable by operators of mining properties, properties and the expense of conducting such periodic inventories shall be charged to the Business Joint Account. The Manager shall give written notice to the Participants in accordance with Article 18 of the Agreement of its intent to take any inventory at least thirty (30) days before such inventory is scheduled to take place. A Participant shall be deemed to have accepted the results of any inventory taken by the Manager if the Participant fails to be represented at such inventory.

Appears in 1 contract

Samples: Agreement (Sutcliffe Resources Ltd.)

Periodic Inventories, Notice and Representations. At reasonable ---------------------------------------------------- intervals, inventories shall be taken by the Manager, which shall include all such Material as is ordinarily considered controllable by operators of mining properties, properties and the expense of conducting such periodic inventories shall be charged to the Business Joint Account. The Manager shall give written notice to the Participants of its intent to take any inventory at least thirty (30) 30 days before such inventory is scheduled to take place. A Participant shall be deemed to have accepted the results of any inventory taken by the Manager if the Participant fails to be represented at such inventory.

Appears in 1 contract

Samples: Mining Venture Agreement (Western Goldfields Inc)

Periodic Inventories, Notice and Representations. At reasonable intervals, inventories shall be taken by the Manager, which shall include all such Material as is ordinarily considered controllable by operators of mining properties, and the expense of conducting such periodic inventories shall be charged to the Business Joint Account. The Manager shall give written notice to the Participants of its intent to take any inventory at least thirty (30) 30 days before such inventory is scheduled to take place. A Participant shall be deemed to have accepted the results of any inventory taken by the Manager if the Participant participant fails to be represented at such inventory.

Appears in 1 contract

Samples: Mining Venture Agreement (Novagold Resources Inc)

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