Standards of Care. Subject to Section 5.5, the Manager shall discharge its duties under Section 5.3 and conduct all Operations in a good, workmanlike and efficient manner, in accordance with sound mining and other applicable industry standards and practices, and in accordance with the terms and provisions of all Underlying Agreements and Permits pertaining to the Assets.
Appears in 1 contract
Samples: Limited Liability Company Agreement
Standards of Care. Subject to Section 5.5, the Manager shall discharge its duties under Section 5.3 and conduct all Operations in a good, workmanlike workerlike and efficient manner, in accordance with sound mining and other applicable industry standards and practices, and in accordance with the terms and provisions of all Underlying Agreements and in substantial compliance with all Permits pertaining to the Assets.
Appears in 1 contract
Samples: Limited Liability Company Agreement (Contango ORE, Inc.)
Standards of Care. Subject to Section 5.5, the Manager shall will discharge its duties under Section 5.3 and conduct all Operations in a good, workmanlike and efficient manner, in accordance with sound mining and other applicable industry standards and practices, and in accordance with the terms and provisions of all Underlying Agreements and Permits pertaining to the Assets.
Appears in 1 contract
Samples: Limited Liability Company Agreement (Texas Mineral Resources Corp.)
Standards of Care. Subject to Section 5.5, the Manager shall discharge its duties under Section 5.3 and conduct all Operations in a good, workmanlike and efficient manner, in accordance with sound mining and other applicable industry standards and practices, practices and in accordance with the terms and provisions of all Underlying Agreements and Permits pertaining to the Assets.
Appears in 1 contract
Samples: Limited Liability Company Operating Agreement (Gold Torrent Canada Inc)