Common use of Rights and Obligations of Lessee Clause in Contracts

Rights and Obligations of Lessee. 6.1 The Lessee will forthwith have and is hereby granted by Lessor the right and privilege from the date hereof and so long thereafter as this Lease remains in force and effect of entering into and upon the Leased Premises and the right to drill and excavate thereon and therein holes, pits, tunnels, shafts, and other such excavations and to conduct therein and elsewhere such surveys, exploration, investigations, sampling, milling, screenifig and other work similar as well as dissimilar as Lessee in its sole judgment and discretion may wish to know relating to any and all facts relative to the geology of the Leased Premises, including but not limited to the geology of the Leased Minerals and the mining, milling, beneficiating, and marketing thereof, together with the right to drain water and materials and to pile overburden at places most convenient to Lessee, and the right to dig or bore xxxxx and use any water in or upon said lands and the right to construct and~ place upon said lands any and all buildings, dams, drains, machinery, roads, railroads, pipe and power lines and other improvements that may be convenient for said purposes, all of which improvements will become the full and complete property of the Lessor upon termination or assignment of Lease back to Lessor, and Lessee will be under no further obligation or liability with respect thereto except for reclamation and except as provided in paragraph 6.7 below. Lessee will have the paramount possession and control of the Leased Premises with regard to the Leased Mineral rights obtained herein during and throughout the life of this Lease and shall be entitled to conduct therein and thereon all mining, milling and beneficiation uses and purposes reasonably incident thereto as it shall deem satisfactory and advantageous so far as Lessee tries not to interfere with the rights of the Federal potassium leases. All work shall be conducted by Lessee as Lessee in its sole judgment and discretion deems best and in a good and AMENDMENT AGREEMENT ------------------- November 09 , 1992 Page 10 of 20 minerlike fashion. Stockpiles and tailings covered by Lease, remain the property of the Lessor upon surrender of Lease. Mining timbers in place shall remain affixed as part of the Leased Premises unless released in writing to Lessee.

Appears in 2 contracts

Samples: Agreement (Utah Clay Technology Inc), Agreement (Utah Clay Technology Inc)

AutoNDA by SimpleDocs

Rights and Obligations of Lessee. 6.1 The Lessee will forthwith have and is hereby granted by Lessor the right and privilege from the date hereof and so long thereafter as this Lease remains in force and effect of entering into and upon the Leased Premises and the right to drill and excavate thereon and therein holes, pits, tunnels, shafts, and other such excavations and to conduct therein and elsewhere such surveys, exploration, investigations, sampling, milling, screenifig screening and other work similar as well as dissimilar as Lessee in its sole judgment and discretion may wish to know relating to any and all facts relative to the geology of the Leased Premises, including but not limited to the geology of the Leased Minerals and the mining, milling, beneficiating, and marketing thereof, together with the right to drain water and materials and to pile overburden at places most convenient to Lessee, and the right to dig or bore xxxxx and use any water in or upon said lands and the right to construct and~ and place upon said lands any and all buildings, dams, drains, machinery, roads, railroads, pipe and power lines and other improvements that may be convenient for said purposes, all of which improvements will become the full and complete property of the Lessor upon termination or assignment of Lease back to Lessor, and Lessee will be under no further obligation or liability with respect thereto except for reclamation and except as provided in paragraph 6.7 below. Lessee will have the paramount possession and control of the Leased Premises with regard to the Leased Mineral rights obtained herein during and throughout the life of this Lease and shall be entitled to conduct therein and thereon all mining, milling and beneficiation uses and purposes reasonably incident thereto as it shall deem satisfactory and advantageous so far as Lessee tries not to interfere with the rights of the Federal potassium leases. All work shall be conducted by Lessee as Lessee in its sole judgment and discretion deems best and in a good and AMENDMENT AGREEMENT ------------------- November 09 , 1992 Page 10 of 20 minerlike fashion. Stockpiles and tailings covered by Lease, remain the property of the Lessor upon surrender of Lease. Mining timbers in place shall remain affixed as part of the Leased Premises unless released in writing to Lessee.

Appears in 2 contracts

Samples: Mining Lease Agreement (Utah Clay Technology Inc), Mining Lease Agreement (Utah Clay Technology Inc)

Rights and Obligations of Lessee. 6.1 The Lessee will forthwith have and is hereby granted by Lessor the right and privilege from the date hereof and so long thereafter as this Lease remains in force and effect of entering into and upon the Leased Premises and the right to drill and excavate thereon and therein holes, pits, tunnels, shafts, and other such excavations and to conduct therein and elsewhere such surveys, exploration, investigations, sampling, milling, screenifig screening and other work similar as well as dissimilar as Lessee in its sole judgment and discretion may wish to know relating to any and all facts relative to the geology of the Leased Premises, including but not limited to the geology of the Leased Minerals and the mining, milling, beneficiating, and marketing thereof, together with the right to drain water and materials and to pile overburden at places most convenient to Lessee, and the right to dig or bore xxxxx and use any water in or upon said lands and the right to construct and~ and place upon said lands any and all buildings, dams, drains, machinery, roads, railroads, pipe and power lines and other improvements that may be convenient for said purposes, all of which improvements will become the full and complete property of the Lessor upon termination or assignment of Lease back to Lessor, and Lessee will be under no further obligation or liability with respect thereto except for reclamation and except as provided in paragraph 6.7 below. Lessee will have the paramount possession and control of the Leased Premises with regard to the Leased Mineral rights obtained herein during and throughout the life of this Lease and shall be entitled to conduct therein and thereon all mining, milling and beneficiation uses and purposes reasonably incident thereto as it shall deem satisfactory and advantageous so far as Lessee tries not to interfere with the rights of the Federal potassium leases. All work shall be conducted by Lessee as Lessee in its sole judgment and discretion deems best and in a good and AMENDMENT AGREEMENT ------------------- November 09 , 1992 Page 10 of 20 minerlike miner-like fashion. Stockpiles and tailings covered by Lease, remain the property of the Lessor upon surrender of Lease. Mining timbers in place shall remain affixed as part of the Leased Premises unless released in writing to Lessee.

Appears in 1 contract

Samples: Mining Lease Agreement (Utah Clay Technology Inc)

AutoNDA by SimpleDocs

Rights and Obligations of Lessee. 6.1 The Lessee will forthwith have and is hereby granted by Lessor the right and privilege from the date hereof and hereofand so long thereafter as this Lease remains in force and effect of entering into and upon the Leased Premises and the right to drill and excavate thereon and therein holes, pitsPits, tunnels, shafts, and other such excavations and to conduct therein and elsewhere such surveys, exploration, investigations, sampling, milling, screenifig screening and other work similar as well as dissimilar as Lessee in its sole judgment and discretion may wish to know relating to any and all facts relative to the geology of the Leased Premises, including but not limited to the geology of the Leased Minerals and the mining, milling, beneficiating, and marketing thereof, together with the right to drain water and materials and to pile overburden at places most convenient to Lessee, and the right to dig or bore xxxxx and use any water in or upon said lands and the right to construct and~ and place upon said lands any and all buildings, dams, drains, machinery, roads, railroads, pipe and power lines and other improvements that may be convenient for said purposes, all of which improvements will become the full and complete property of the Lessor upon termination or assignment of Lease back to Lessor, and Lessee will be under no further obligation or liability with respect thereto except for reclamation and except as provided in 6.7 paragraph 6.7 below. Lessee will have the paramount possession and control of the Leased Premises with regard to the Leased Mineral rights obtained herein during and throughout the life of this Lease and shall be entitled to conduct therein and thereon all mining, milling and beneficiation uses and purposes reasonably incident thereto as it shall deem satisfactory and advantageous so far as Lessee tries not to interfere with the rights of the Federal potassium leases. All work shall be conducted by Lessee as Lessee in its sole judgment and discretion deems best and in a good and AMENDMENT AGREEMENT ------------------- November 09 , 1992 Page 10 of 20 minerlike fashion. Stockpiles and tailings covered by Lease, remain the property of the Lessor upon surrender of Lease. Mining timbers in place shall remain affixed as part of the Leased Premises unless released in writing to Lessee.

Appears in 1 contract

Samples: Agreement (Utah Clay Technology Inc)

Time is Money Join Law Insider Premium to draft better contracts faster.