Common use of Excepting Therefrom Clause in Contracts

Excepting Therefrom. Reserving to the Grantor and its successors and assigns all oil, gas, mineral, geothermal, and hydrocarbon substances in and under or that may be produced below a depth of 500 feet below the surface of said property without any right of entry upon the surface of said land for the purposes of mining, drilling, exploring or extracting such oil, gas, mineral, geothermal, or hydrocarbon substances and without any right to the use of or rights in or to any portion of the surface of said land to a depth of 500 feet below the surface thereof reserved by King and ▇▇▇▇▇, a California general partnership, recorded November 22, 1985, Series No, 85-251319.

Appears in 2 contracts

Sources: Term Loan Agreement (Atg Inc), Deed of Trust (Atg Inc)