Mining Operations. Lessee shall promptly upon execution of this Lease begin and diligently continue to mine and remove the mineable and merchantable Coal Reserves, subject only to Force Majeure (as defined in Section 8.9 hereof), in a skillful and professional manner in accordance with commercially modern mining practices having due regard for the value of the Coal Reserves so as to avoid damage and waste of the Coal Reserves. Lessee shall conduct its mining operations and any other activities conducted by Lessee with respect to the Coal Reserves, including but not limited to permitting, reclamation and bonding obligations, in accordance with, and shall comply with, all federal, state and local laws and the lawful rules, regulations and orders of any governmental authority (collectively, “Laws and Regulations”) in respect of such mining operations and other activities. Lessee shall have the obligation, at the cost and expense of Lessee, to do and perform, with respect to the Coal Reserves, whatever may be required by all Laws and Regulations (including, without limitation, Environmental Laws (as defined in the Purchase Agreement)) to be performed by Lessee, or may be deemed by Lessee to be so required or to be advisable.
Appears in 1 contract
Sources: Coal Mining Lease and Sublease (Penn Virginia Resource Partners L P)
Mining Operations. Lessee shall promptly upon execution of this Lease begin and diligently continue to mine and remove the mineable and merchantable Coal Reserves, subject only to Force Majeure (as defined in Section 8.9 9.9 hereof), in a skillful and professional manner in accordance with commercially modern mining practices having due regard for the value of the Coal Reserves so as to avoid damage and waste of the Coal Reserves. Lessee shall conduct its mining operations and any other activities conducted by Lessee with respect to the Coal Reserves, including but not limited to permitting, reclamation and bonding obligations, in accordance with, and shall comply with, all federal, state and local laws and the lawful rules, regulations and orders of any governmental authority (collectively, “Laws and Regulations”) in respect of such mining operations and other activities. Lessee shall have the obligation, at the cost and expense of Lessee, to do and perform, with respect to the Coal Reserves, whatever may be required by all Laws and Regulations (including, without limitation, Environmental Laws (as defined in the Purchase Agreement)) to be performed by Lessee, or may be deemed by Lessee to be so required or to be advisable.
Appears in 1 contract
Sources: Coal Mining Lease (Penn Virginia Resource Partners L P)