BLM Approval Sample Clauses
The BLM Approval clause establishes that certain actions or decisions within the agreement are subject to review and authorization by the Bureau of Land Management (BLM). In practice, this means that activities such as land use, resource extraction, or project development cannot proceed without first obtaining the necessary permits or written consent from the BLM. This clause ensures compliance with federal regulations and prevents unauthorized use of public lands, thereby reducing legal risk and ensuring that all parties adhere to governmental oversight requirements.
BLM Approval. Lessee shall, within 180 days following the date hereof, obtain from the Department of Interior, Bureau of Land Management ("BLM") such approvals to the Assignment of the BLM Lease described in Paragraph 6 of this Third Amendment as may be required in accordance with 43 C.F.R. 3241.2, and either (a) Lessee shall post a bond satisfactory to BLM if required thereby or (b) if Lessor has heretofore posted a bond with BLM, then Lessee shall replace such bond and cause such bond to be released to Lessor. In the event Lessee fails to perform its obligations under this ▇▇▇▇▇▇▇▇▇ ▇, ▇▇▇▇▇▇ shall, upon request of Lessor, assign the BLM Lease to Lessor.
BLM Approval. HEN shall submit the BLM Counterpart for approval within 10 days of Closing. HEN shall not record any conveyance instruments or other evidence of this transaction in the County Clerk and Recorders Office prior to BLM approval.
BLM Approval. If the BLM rejects or otherwise fails to approve assignment of the BLM Lease from Seller to Purchaser within twenty (20) days of the Pre-Closing, (x) this Agreement shall be deemed null and void, and (y) the Purchase Price, the Note and the Mortgage shall be returned to the Purchaser and the Deliverables shall be returned to the contributing party, and (z) the parties shall revert to that certain Binding Letter Agreement, dated September 27, 2007, between Purchaser and Stockholder, without waiver by any party of any provision therein; provided, however, that if a failure to approve by the BLM is based upon issues directly relating to ***, and such failure, in the reasonable judgment of Seller and Purchaser, cannot be cured within a thirty (30) days from the date of the BLM’s failure to approve, then Seller and Purchase shall negotiate in good faith to restructure the transaction between the parties in the form of a purchase by Purchaser, or an affiliate of Purchaser, of all of Stockholder’s membership interests, all upon terms and conditions acceptable to Seller and Purchaser, such negotiations to be completed within thirty (30) days of any BLM failure to approve, whereafter (xx) this Agreement shall be deemed null and void, (yy) the Purchase Price, the Note and the Mortgage shall be returned to the Purchaser and the Deliverables shall be returned to the contributing party, and (zz) the parties shall revert to that certain Binding Letter Agreement, dated September 27, 2007, between Purchaser and Stockholder, without waiver by any party of any provision therein.
BLM Approval. 3.1 The Temporary User must obtain written permission from the BLM for the above described event within thirty (30) calendar days following the execution of this Agreement by the Parties and must provide a copy of the written permission of the BLM to Lincoln.
3.2 The Temporary User shall fully abide by all terms and conditions specified by the BLM in their written permission including environmental stipulations and event cleanup.