Obligation of Good Faith. All obligations and covenants set forth in this Lease shall be subject to an obligation of good faith by both Lessor and Lessee in the performance or enforcement thereof. It is mutually understood and agreed that “Good Faith” means honesty in fact in the conduct or transaction concerned.
Appears in 3 contracts
Samples: North Battle Mountain Mineral Lease (Sagebrush Gold Ltd.), Red Rock Mineral Lease (Sagebrush Gold Ltd.), Pat Canyon Mineral Lease (U S Gold Corp)
Obligation of Good Faith. All obligations and covenants set forth in this Lease shall be subject to an obligation of good faith by both Lessor Lessor, Payment Agent and Lessee in the performance or enforcement thereof. It is mutually understood and agreed that “Good Faith” means honesty in fact in the conduct or transaction concerned.
Appears in 1 contract
Samples: North Battle Mountain Mineral Lease (Sagebrush Gold Ltd.)
Obligation of Good Faith. All obligations and covenants set forth in this Lease shall be subject to an obligation of good faith by both Lessor Lessor, the Payment Agent and Lessee in the performance or enforcement thereof. It is mutually understood and agreed that “Good Faith” means honesty in fact in the conduct or transaction concerned.
Appears in 1 contract