Consequently, the existence of a bi-directional causality between EXPEND
and GDPN has a sound theoretical basis.
This requirement is tempered in that an entity making alterations to a primary function area need only expend
up to 20% of the overall alteration costs on complying with the path of travel requirement.
The series 2005A bond proceeds are being held in escrow and the county expects to change the county bond resolution allowing them to expend
2005A bond proceeds for facility construction at the site ultimately selected.
The agreement calls for Goldstack to expend
$1,000,000 to put the Yellow Hammer Vat Leach Project into production.
In the event that Tri Texas is successful in acquiring all of the shares Home-Stake companies for which it is tendered, Tri Texas would be obligated to expend
approximately $17,500,000 in the form of purchase price.
Piedmont must reimburse AuEx $10,995 for claims fees and expend
at least $75,000 on exploration during the first year.
2) Lalo must expend
a minimum of US$100,000 and pay Mena US$50,000 per concession within 4 years from approval of this agreement.
Under the terms of the agreement, AuEx will reimburse Newmont claim holding fees for 2004 and 2005 totaling approximately US$11,000 and is committed to expend
US$200,000 in exploration expenses during the first 30 months of the agreement.
The terms of the Joint Venture require Magnus to expend
, through its subsidiary Golden River, a total of US$3,010,000 on the area covered by the two Exploration Licenses over a period of roughly four years.