Common use of INTEREST GRANTED Clause in Contracts

INTEREST GRANTED. In consideration of the covenants and agreements contained herein, Lessor hereby grants and leases to Lessee the exclusive right and privilege to drill for, extract, produce, remove, utilize, sell, and dispose of geothermal steam and associated geothermal resources as defined in NRS 322.005, (hereinafter called "geothermal resources"), in or under that certain parcel of property located in Washoe County, Nevada, and consisting of approximately thirty (30) acres, as more particularly described in Exhibit "A," which is attached hereto and incorporated herein by reference, together with: (a) The non-exclusive right to conduct within the leased area geological and geophysical exploration; (b) The right to construct or erect and to use, operate, and maintain within the leased area, together with ingress and egress thereupon, all ▇▇▇▇▇, pumps, pipes, pipe lines, buildings, plants, sumps, brine pits, reservoirs, tanks, waterworks, pumping stations, roads, electric power generating plants, transmission lines, industrial facilities, electric telegraph or telephone lines, and such other works and structures and to use so much of the surface of the land as may be necessary or reasonably convenient for the production, utilization, and processing of geothermal resources or for the full enjoyment of the rights granted by this Lease, subject to applicable laws and regulations. Although the use of the leased area for an electric generating plant and/or transmission facilities is authorized hereunder, the location of such facilities and the terms of occupancy therefor shall be set forth in a separate agreement between the parties. (c) The non-exclusive right to drill potable water ▇▇▇▇▇ in accordance with Nevada statutory water laws within the leased area and to use the water produced therefrom for operation of the leased lands, free of costs, provided that such drilling and development are conducted in such a way that they do not interfere with Lessor's activities on the leased land. (d) The right, without the payment of royalties hereunder, to reinject into the leased lands geothermal resources and condensates to the extent that such resources and condensates are not utilized, but their reinjection is necessary for operation under this Lease in the recovery or processing of geothermal resources. If the Lessee, pursuant to a plan approved by the Nevada Division of Environmental Protection, disposes of the useable brine and waste products into underlying formations, it may do so without the payment of royalties. All of the activities described above shall be conducted for the primary purpose of the generation of electrical power through the use of geothermal resources. Nothing in this Lease shall be construed as prohibiting the use, for other purposes, of spent geothermal resources produced on the leased property.