WARRANTY CLAUSE Sample Clauses

WARRANTY CLAUSE. 7.3.1. Without prejudice to the application of penalties as provided for in the Functioning Rules, the CAPACITY PROVIDER and XXXX will guarantee each other against any compensation order for damage suffered by a third party resulting from their gross negligence, fraud or willful misconduct in the performance of their obligations under this Contract.
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WARRANTY CLAUSE. The owner of the soil warrants and agrees to defend title to the lease premises. If the owner of the soil defaults in payments owed on the leased premises, then LESSEE may redeem the rights of the owner of the soil in the leased premises by paying any mortgage, taxes or other liens on the leased premises. If XXXXXX makes payments on behalf of the owner of the soil under this section, XXXXXX may recover the cost of these payments from the rental and royalties due the owner of the soil.
WARRANTY CLAUSE. Lessor warrants and defends title to the property herein described, and agrees that the Lessee shall have the right, but not the obligation, at any time to redeem for Lessor, by payment, any mortgage, deed of trust, taxes or other liens on the property in the event of default by the Lessor, and be subrogated to the rights of the holder hereof and Lessor agrees that any such payments made by Lessee for the Lessor, including a reasonable interest rate of twelve percent per year, will be deducted from any amounts of money which may become due the Lessor under the terms of this agreement. Lessee does not expressly or implied guarantee or warranty in any manner, quantities or qualities of production, or kinds of xxxxx or flow rates, or the success of any drilling or production.
WARRANTY CLAUSE. Lessor warrants and defends title to the property herein described, and agrees that the Lessee shall have the right, but not the obligation, at any time to redeem for Lessor, by payment, any mortgage, deed of trust, taxes or other liens on the property in the event of default by the Lessor, and be subrogated to the rights of the holder hereof and Lessor agrees that any such payments made by Lessee for the Lessor, including a reasonable interest rate of twelve percent per year, will be deducted from any amounts of money which may become due the Lessor under the terms of this agreement. Lessee does not expressly or implied guarantee or warranty in any manner, quantities or qualities of production, or kinds of xxxxx or flow rates, or the success of any drilling or production. Lessor affirms that Lessor has owned said premises for many years and that all previous oil & gas leases have either expired, have been forfeited and are hereby declared invalid, and that this lease is the only valid and sustaining lease, without exception. Lessee to assume all responsibility regarding any former Heartland leases or contracts of record. In testimony whereof, witness the signatures of the parties hereto: x Xxxxx Xxx Xxxxx Xxxxxx Xxxxx STATE OF KENTUCKY COUNTY OF _________ I, the undersigned Notary Public in and for the State of Kentucky at Large, do certify that this 3rd day of June, 2010, _____________________________________ Xxxx Xxx Xxxxx and Xxxxxx Xxxxx known to me to be the same person described in and who executed the forgoing instrument, appeared before me today in person and acknowledged to me that they executed the same as their free and voluntary act and de~ for the uses, purposes expressed herein, including the relinquishment of dower and homestead. My commission expires: 12-19-11 /s/ Xxxxxxxxx Xxxxxx NOTARY PUBLIC This instrument prepared by: /s/ EPH
WARRANTY CLAUSE. The Vendor warrants that the use or supply by WHO of the goods offered for sale under the Purchase Order do not infringe any patent, trade name, or trade mark. In addition, the Vendor shall pursuant to this warranty indemnify, defend and hold harmless WHO and the United Nations from any actions or claims brought against WHO or the United Nations pertaining to the alleged infringement of a patent, design, trade name or trade xxxx xxxxxxx from the Purchase Order.
WARRANTY CLAUSE. XXXXXX X. XXXX The AGENCY hereby warrants that it or its representative has not offered or paid, directly or indirectly, any government officer and/or any SYSTEM official or employee any consideration or commission for the Contract nor has it or its representative exerted or utilized any corrupt or unlawful influence to secure or solicit this Contract for any consideration or commission; that the AGENCY will not subcontract any portion or portions of the scope of work of the Contract awarded; that if any commission is being paid to a private person, he shall disclose the name of said person and the amount being paid; and that any violation of this warranty shall constitute a sufficient ground for the rescission or cancellation of this Contract or the reduction from the contract price of the consideration or commission paid without prejudice to the filing of civil or criminal action under the Anti-Graft Law and other applicable laws against the AGENCY and/or his representative and the SYSTEM’s official/employee.
WARRANTY CLAUSE. Warranted structures and all main components approved by American Bureau of Shipping or det Norske Veritas and designed, fabricated, built, and the Assured agrees to make every effort to maintain such structures, etc. to the standards of the American Bureau of Shipping or det Norske Veritas.
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WARRANTY CLAUSE. Lessor hereby warrants and agrees to defend the title to the lands herein described, and agrees that the Lessee shall have the right at any time to redeem for Lessor, by payment any mortgage, taxes or other liens on the above described lands, in the event of default of payments by Lessor, and be subrogated to the rights of the holder hereof and Lessor hereby agrees that any such payments made by the Lessee for the Lessor shall be deducted from any amounts of money which may become due the Lessor under the terms of this lease.
WARRANTY CLAUSE. Lessor consents to the payment of any royalties hereunder to any mortgagee or trustee under a deed of trust on said lands and agrees that any such payments shall be treated as though said payments were made directly to Lessor. Lessor hereby warrants and agrees to defend the title to the lands herein described, and agrees that the Lessee shall have the right at any time to redeem for Lessor, by payment any mortgage, deed of trust, taxes or other liens on the above-described lands, in the event of default of payment by Lessor, and be subrogated to the rights of the holder thereof and Lessor hereby agrees that any such payment made by the Lessee for the Lessor shall be deducted from any amounts of money which may become due the Lessor under the terms of this lease. Lessor agrees to execute a Division Order which correctly and properly denotes the interests of all parties owning an interest in the well; and Lessor further agrees that any royalties due from production may be held in escrow until such Division Order is executed. ------------------------------------------------------------------------------- ------------------------------------------------------------------------------- ------------------------------------------------------------------------------- IN TESTIMONY WHEREOF, witness the signatures of the parties hereto: (SEAL) /s/ Xxxxxxxx X. Xxxxx (SEAL) --------------------------- --------------------------- Xxxxxxxx X. Xxxxx SS####-##-#### (SEAL) /s/ Xxxxx Xxxxx (SEAL) --------------------------- --------------------------- Xxxxx Xxxxx SS# ###-##-#### (SEAL) (SEAL) --------------------------- ---------------------------
WARRANTY CLAUSE. Lessor warrants and defends title to the property herein described, and agrees that the Lessee shall have the right, but not the obligation, at any time to redeem for Lessor, by payment, any mortgage, deed of trust, taxes or other liens on the property in the event of default by the Lessor, and be subrogated to the rights of the holder hereof and Lessor agrees that any such payments made by Lessee for the Lessor, including a reasonable interest rate of twelve percent per year, will be deducted from any amounts of money which may become due the Lessor under the terms of this agreement. Lessee does not expressly or implied guarantee or warranty in any manner, quantities or qualities of production, or kinds of xxxxx or flow rates, or the success of any drilling or production. Lessor affirms that Lessor has owned said premises for many years and that all previous oil & gas leases have either expired, have been forfeited and are hereby declared invalid, and that this lease is the only valid and sustaining lease, without exception. Lessee to assume all responsibility regarding any former Heartland leases or contracts of record. In testimony whereof, witness the signatures of the parties hereto:
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