Such Party. (a) is now and will remain during the term of this Agreement in full compliance with all applicable joint bidding requirements of 30 CFR Section 256.41 et seq. (including, without limitation, each Statement of Production required thereby), of the DOI notice of sale and of any other applicable law, rule, regulation or order; and (b) is not now and will not, during the term of this Agreement, become a party to (i) any pre-lease agreement described in 30 CFR Section 256.44 that would disqualify a Joint Bid at a Subject Sale or (ii) any other agreement which would preclude such Party from joining in and being fully bound by the provisions of this Agreement.
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Sources: Model Form Agreement
Such Party. (a) is now and will remain during the term of this Agreement Agreement, in full compliance with all applicable joint bidding requirements of 30 CFR Section 256.41 et seq. (including, without limitation, each Statement of Production required thereby), of the DOI notice of sale and of any other applicable law, rule, regulation or order; and
(b) is not now now, and will not, during the term of this Agreement, become become, a party to (i) any pre-lease agreement described in 30 CFR Section 256.44 that would disqualify a Joint Bid Hereunder at a Subject Sale or (ii) any other agreement which would preclude such Party from joining in and being fully bound by the provisions of this Agreement; and
(c) can and will, in connection with any Joint Bid Hereunder to which it is a Party, comply with all requirements of 30 CFR 256.41 et seq. applicable to a Subject Sale.
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