Term; Assignment. Unico shall hold the Leased Premises for the purpose of mining all kinds of minerals and ores for a period of two (2) years from the date of this Revised Lease Agreement (the "Effective Date" ), unless the Revised Lease Agreement is sooner terminated under any provision contained herein. Each party, with the prior written consent of the other, which consent shall not be unreasonably withheld, shall have the power to assign or sublet this Revised Lease Agreement or any interest hereunder. Notwithstanding the Effective Date, Unico shall have reasonable access to the Leased Premises prior to the Effective Date to prepare work plans and complete preliminary preparations.
Appears in 1 contract
Sources: Revised Mining Lease and Option to Purchase (Unico Inc /Az/)
Term; Assignment. Unico shall hold the Leased Premises for the purpose of mining all kinds of minerals and ores for a period of two three (23) years from the date of this Revised Lease Agreement (the "Effective Date" "), unless the Revised Lease Agreement is sooner terminated under any provision contained herein. Each party, with the prior written consent of the other, which consent shall not be unreasonably withheld, shall have the power to assign or sublet this Revised Lease Agreement or any interest hereunder. Notwithstanding the Effective Date, Unico shall have reasonable access to the Leased Premises prior to the Effective Date to prepare work plans and complete preliminary preparations.
Appears in 1 contract
Sources: Mining Lease and Option to Purchase (Unico Inc /Az/)