Common use of Leases in Effect Clause in Contracts

Leases in Effect. All rentals and royalties due and payable in accordance with the terms of any leases or subleases comprising a part of the Hydrocarbon Property have been duly paid or provided for and all leases or subleases comprising a part of the Hydrocarbon Property are in full force and effect.

Appears in 3 contracts

Samples: Miller Exploration Co, Miller Exploration Co, Miller Exploration Co

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Leases in Effect. All rentals and royalties due and payable in accordance with the terms of any leases or subleases comprising a part of the Hydrocarbon Property have been duly paid or provided for and and, to Borrower's knowledge, all leases or subleases comprising a part of the Hydrocarbon Property are in full force and effect.

Appears in 1 contract

Samples: Credit Agreement (Synergy Resources Corp)

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