Common use of Stockpiling Clause in Contracts

Stockpiling. Lessee shall have the right, at any time during the term hereof, to stockpile any Oil Products or other materials mined or produced from the Premises at such place or places as Lessee may elect, either upon the Premises or upon any other adjoining lands owned or controlled by Lessee, its successors and assigns. The rights and liens of Lessor in and to any such Oil Products stockpiled on such other lands shall not be divested by the removal thereof from the Premises but shall be the same in all respects as though such materials had been stockpiled on the Premises. The stockpiling of Oil Products from the Premises on such other lands shall not be deemed a removal or shipment thereof requiring payment in respect of Lessor's interest.

Stockpiling. Lessee shall have the right, at any time during the term hereof, to stockpile any Oil Products or other materials mined or produced from the Premises at such place or places as Lessee may elect, either upon the Premises or upon any other adjoining lands owned or controlled by Lessee, its successors and assigns. The rights and liens of Lessor in and to any such Oil Products stockpiled on such other lands shall not be divested by the removal thereof from the Premises but shall be the same in all respects as though such materials had been stockpiled on the Premises. The stockpiling of Oil Products OilProducts from the Premises on such other lands shall not be deemed a removal or shipment thereof requiring payment in respect of Lessor's interest.

Stockpiling. Lessee shall have the right, at any time during the term hereof, to stockpile any Oil Products or other materials mined or produced from the Premises at such place or places as Lessee may elect, either upon the Premises or upon any other adjoining lands owned or controlled by Lessee, its successors and assigns. The rights and liens of Lessor in and to any such Oil Products stockpiled on such other lands shall not be divested by the removal thereof from the Premises but shall be the same in all respects as though such materials had been stockpiled on the Premises. The stockpiling of Oil Products from the Premises on such other lands shall not be deemed a removal or shipment thereof requiring payment in respect of Lessor's ’s interest.