From Costs Clause Samples
From Costs. The Producer agrees to indemnify and hold IRC harmless from all Operating Expenses, and all other costs, expenses, liabilities and claims arising from ownership and operation of the Property, disposal of waste therefrom, reclamation of the Property, and the marketing and sale of Product therefrom, it being understood and agreed between the Producer and IRC that the Royalty is a right to receive certain payments or Product from the Producer based upon Product produced from the Property and sold, but is not a right that imposes on IRC any associated or other obligations, to the Producer or to any other person or entity, including Governmental Agencies, any obligation on IRC to contribute to or otherwise pay any costs or expenses associated with or arising from such activities by the Producer.
