Common use of Minerals Clause in Contracts

Minerals. Without the prior written consent of Lender, there shall be no drilling or exploring for, or extraction, removal, or production of minerals from the surface or subsurface of the Property. The term "minerals" as used herein shall include, without limitation, oil, gas, casinghead gas, coal, lignite, hydrocarbons, methane, carbon dioxide, helium, uranium and all other natural elements, compounds and substances, including sand and gravel.

Appears in 4 contracts

Sources: Mortgage, Assignment of Rents and Security Agreement (Glimcher Realty Trust), Mortgage, Assignment of Rents and Security Agreement (Glimcher Realty Trust), Deed of Trust, Assignment of Rents and Security Agreement (Glimcher Realty Trust)

Minerals. Without the prior written consent of Lender, there shall be no drilling or exploring for, or extraction, removal, or production of of, minerals from the surface or subsurface of the Property. The term "minerals" as used herein shall include, without limitation, oil, gas, casinghead gas, coal, lignite, hydrocarbons, methane, carbon dioxide, helium, uranium and all other natural elements, compounds and substances, including sand and gravel.

Appears in 2 contracts

Sources: Open End Mortgage, Assignment of Rents and Security Agreement (Glimcher Realty Trust), Deed of Trust, Assignment of Rents and Security Agreement (Glimcher Realty Trust)