Banner
11.0 State Access to Project
This is my site Written by MMDA Admin on 30 March, 2011 – 5:30 pm

Important ItemPrevious Clause | Next Clause | Table of Contents

STATE RIGHTS

11.0 State Access to Project

The State shall have the right, at any reasonable time and upon [forty-eight (48)] hours Notice, to inspect the Mining Area at its sole cost and risk, and ensure that all Mining Operations are carried out in accordance with this Agreement and the provisions of Applicable Law.

*See 9.0 Financial Records and Statements, Accounting Standards and Currencies for more examples of mine inspection clauses.

Example 1
The Government and its authorized representatives may enter the Contract Area and any other place of business of the Company to inspect its operation at any time as well as from time to time during regular business hours. The Company shall render all necessary assistance to enable the representatives to inspect technical and financial records relating to the Company’s operation and shall give the said representatives such information as they may reasonably request. The said representatives shall conduct such inspection at their own risk and shall avoid interference in the normal operations of the company.

REFER TO MMDA DISCLAIMERS AND MMDA USER’S GUIDE
PRIOR TO ANY USE OF THIS DOCUMENT.

Important ItemPrevious Clause | Next Clause | Table of Contents

Chinese (Simplified) French Portuguese (Brazil) Russian Spanish

Posted in  

Comments are closed.