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2011-08-09_REVISION - M1981185 (51)
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2011-08-09_REVISION - M1981185 (51)
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Last modified
6/15/2021 5:58:15 PM
Creation date
8/10/2011 10:44:51 AM
Metadata
Fields
Template:
DRMS Permit Index
Permit No
M1981185
IBM Index Class Name
REVISION
Doc Date
8/9/2011
Doc Name
CN-01 112d permit application Exhibit N thru O
From
Wildcat Mining Corporation
To
DRMS
Type & Sequence
CN1
Email Name
WHE
Media Type
D
Archive
No
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• <br />• <br />8.2 Default. If Lessee shall at any time be in default in the performance of <br />any of the terms and conditions hereof upon it made incumbent, including <br />payment of royalties, such default shall not operate to or give Lessor the <br />right to cancel, forfeit or terminate this Lease, unless Lessor shall give <br />Lessee written notice of the default, specifying the exact nature of the <br />default, and unless Lessee shall, within ten (10) days from the date of receipt <br />of such notification, fail to make any payment due hereunder, or unless <br />Lessee shall, within sixty (60) days from the date of receipt of such <br />notification, fail to proceed diligently to cure any other default <br />8.3 Right to Remove Equipment. Upon expiration or termination of this <br />Lease for any reason, Lessee shall have the right within ninety (60) days <br />from the date thereof, to remove from the Mining Properties all tools, <br />equipment, machinery, buildings, supplies and other property placed therein <br />and thereon by Lessee, excepting ties and timbers in place below the surface; <br />and if during such period inclement weather, storms, difficult roads or other <br />causes beyond the reasonable control of Lessee make it difficult, even with <br />reasonable diligence, to remove all such property from the Mining <br />Properties, Lessee shall have a reasonable period of time after such <br />condition ceases to remove the property. <br />8.4 Data and Information. For a period of six (6) months following the <br />termination of this Lease, upon request of Lessor, Lessee shall furnish <br />Lessor one copy of geological and engineering data, assay maps, <br />geophysical survey maps, records of production, and other data compiled by <br />Lessee, relating solely to the Mining Properties and not previously furnished <br />to the Lessor; provided, however Lessee shall not be obligated to furnish <br />internal proprietary information and Lessee makes no representations or <br />warranties, express or implied, concerning any information or data regarding <br />the Mining Properties, and Lessor agrees that if it elects to rely on any of the <br />data or other information provided by Lessee, it does so at its sole risk. <br />9.1 Taxes . <br />IX. Miscellaneous <br />(a) Lessor and Lessee shall each pay their own federal and state taxes on <br />their share of income attributable to production from the Mining <br />Properties. <br />1 1 <br />
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