Common use of Water Rights Clause in Contracts

Water Rights. Subject to the regulations of the State of Nevada concerning the appropriation and taking of water, Lessee shall have the right to appropriate and use water, to drill xxxxx for the water on the Property and to lay and maintain all necessary water lines as may be required by Lessee in its operations on the Property. If lessee acquires or files any application for appropriation or a permit, it shall cause each such application and permit to be taken jointly in the names of Owner and Lessee. On termination of this Agreement, except on Lessee’s exercise and closing of the Option, Lessee shall assign and convey to Owner all permits and water rights appurtenant to the Property, which are acquired by Lessee during the term of the Agreement. If Lessee exercises and closes on the Option, Owner shall assign and convey to Lessee all permits and water rights appurtenant to the Property.

Appears in 5 contracts

Samples: Exploration and Mining Lease and Option to Purchase Agreement (North Springs Resources Corp.), Purchase Agreement (Idaho North Resources Corp.), Exploration and Mining Lease and Option to Purchase Agreement (Rarus Minerals Inc)

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Water Rights. Subject to the regulations of the State of Nevada concerning the appropriation and taking of water, Lessee shall have the right to appropriate and use water, to drill xxxxx for the water on the Property and to lay and maintain all necessary water lines as may be required by Lessee in its operations on the Property. If lessee Lessee acquires or files any application for appropriation or a permit, it shall cause each such application and permit to be taken jointly in the names of Owner and Lessee. On termination of this Agreement, except on Lessee’s exercise and closing of the Option, Lessee shall assign and convey to Owner all permits and water rights appurtenant to the Property, Property which are acquired by Lessee during the term of the this Agreement. If Lessee exercises and closes on the Option, Owner shall assign and convey to Lessee all permits and water rights appurtenant to the Property.

Appears in 2 contracts

Samples: Mining Lease and Option to Purchase Agreement (Max Resource Corp.), Mining Lease and Option to Purchase Agreement (Max Resource Corp.)

Water Rights. Subject to the regulations of the State of Nevada concerning the appropriation and taking of water, Lessee Romarco shall have the right to appropriate and use water, to drill xxxxx for the water on the Property and to lay and maintain all necessary water lines as may be required by Lessee Romarco in its operations on the Property. If lessee Romarco acquires or files any application for appropriation or a permit, it shall cause each such application and permit to be taken jointly in the names of Owner and LesseeRomarco. On termination of this Agreement, except on LesseeRomarco’s exercise and closing of the Option, Lessee Romarco shall assign and convey to Owner all permits and water rights appurtenant to the Property, Property which are acquired by Lessee Romarco during the term of the this Agreement. If Lessee Romarco exercises and closes on the Option, Owner shall assign and convey to Lessee Romarco all permits and water rights appurtenant to the Property.

Appears in 2 contracts

Samples: Mining Lease and Option to Purchase Agreement (Romarco Minerals Inc), Mining Lease and Option to Purchase Agreement (Romarco Minerals Inc)

Water Rights. Subject to the regulations of the State of Nevada concerning the appropriation and taking of water, Lessee shall have the right to appropriate and use water, to drill xxxxx for the water on the Property and to lay and maintain all necessary water lines as may be required by Lessee in its operations on the Property. If lessee Lessee acquires or files any application applica- tion for appropriation or a permit, it shall cause each such application and permit to be taken jointly in the names of Owner and Lessee. On termination of this Agreement, except on Lessee’s exercise and closing of the Option, Lessee shall assign and convey to Owner all permits and water rights appurtenant to the Property, Property which are acquired by Lessee during the term of the this Agreement. If Lessee exercises and closes on the Option, Owner shall assign and convey to Lessee all permits and water rights appurtenant to the Property.

Appears in 1 contract

Samples: Mining Sublease and Option to Purchase Agreement (Entourage Mining LTD)

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Water Rights. Subject to the regulations of the State of Nevada concerning the appropriation and taking of water, Lessee shall have the right to appropriate and use water, to drill xxxxx for the water on the Property and to lay and maintain all necessary water lines as may be required by Lessee in its operations on the Property. If lessee acquires or files any application for appropriation or a permit, it shall cause each such application and permit to be taken jointly in the names of Owner Owners and Lessee. On termination of this Agreement, except on Lessee’s exercise and closing of the Option, Lessee shall assign and convey to Owner Owners all permits and water rights appurtenant to the Property, Property which are acquired by Lessee during the term of the Agreement. If Lessee exercises and closes on the Option, Owner Owners shall assign and convey to Lessee all permits and water rights appurtenant to the Property.

Appears in 1 contract

Samples: Exploration and Mining Lease and Option to Purchase Agreement (Tombstone Exploration Corp)

Water Rights. Subject to the regulations of the State of Nevada concerning the appropriation and taking of water, Lessee shall have the right to appropriate and use water, to drill xxxxx wxxxx for the water on the Property and to lay and maintain all necessary water lines as may be required by Lessee in its operations on the Property. If lessee acquires or files any application for appropriation or a permit, it shall cause each such application and permit to be taken jointly in the names of Owner and Lessee. On termination of this Agreement, except on Lessee’s exercise and closing of the Option, Lessee shall assign and convey to Owner all permits and water rights appurtenant to the Property, which are acquired by Lessee during the term of the Agreement. If Lessee exercises and closes on the Option, Owner shall assign and convey to Lessee all permits and water rights appurtenant to the Property.

Appears in 1 contract

Samples: Purchase Agreement (Brilliant Sands Inc)

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