Common use of Mineral Leasing Act Clause in Contracts

Mineral Leasing Act. Notwithstanding any other provisions of this Mortgage, any Oil and Gas Leases covered by this Mortgage which are subject to the Mineral Leasing Act of 1920, as amended, and the regulations promulgated thereunder, shall not be sold or otherwise disposed of to any party other than citizens of the United States, or to associations of such citizens or to any corporation organized under the laws of the United States, or any state or territory thereof that are qualified to own or control interests in such Oil and Gas Leases under the provisions of such Mineral Leasing Act and regulations, or to Persons who may acquire ownership or interest in such Oil and Gas Leases under the provisions of 30 U.S.C. § 184(g), if applicable, as such Mineral Leasing Act or regulations are now or may be from time to time in effect.

Appears in 5 contracts

Samples: Mortgage, Security Agreement (EnerJex Resources, Inc.), New Century Energy Corp., Petrol Oil & Gas Inc

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Mineral Leasing Act. Notwithstanding any other provisions of this MortgageDeed of Trust, any Oil and Gas Leases covered by this Mortgage Deed of Trust which are subject to the Mineral Leasing Act of 1920, as amended, and the regulations promulgated thereunder, shall not be sold or otherwise disposed of to any party other than citizens of the United States, or to associations of such citizens or to any corporation organized under the laws of the United States, or any state or territory thereof that are qualified to own or control interests in such Oil and Gas Leases under the provisions of such Mineral Leasing Act and regulations, or to Persons who may acquire ownership or interest in such Oil and Gas Leases under the provisions of 30 U.S.C. § ss. 184(g), if applicable, as such Mineral Leasing Act or regulations are now or may be from time to time in effect.

Appears in 2 contracts

Samples: Pacific Energy Resources LTD, Pacific Energy Resources LTD

Mineral Leasing Act. Notwithstanding any other provisions of this --------------------- Mortgage, any Oil and Gas Leases covered by this Mortgage which are subject to the Mineral Leasing Act of 1920, as amended, and the regulations promulgated thereunder, shall not be sold or otherwise disposed of to any party other than citizens of the United States, or to associations of such citizens or to any corporation organized under the laws of the United States, or any state or territory thereof that are qualified to own or control interests in such Oil and Gas Leases under the provisions of such Mineral Leasing Act and regulations, or to Persons who may acquire ownership or interest in such Oil and Gas Leases under the provisions of 30 U.S.C. § Sec. 184(g), if applicable, as such Mineral Leasing Act or regulations are now or may be from time to time in effect.

Appears in 2 contracts

Samples: New Century Energy Corp., New Century Energy Corp.

Mineral Leasing Act. Notwithstanding any other provisions of this Mortgage, any Oil and Gas Leases covered by this Mortgage which are subject to the Mineral Leasing Act of 1920, as amended, and the regulations promulgated thereunder, shall not be sold or otherwise disposed of to any party other than citizens of the United States, or to associations of such citizens or to any corporation organized under the laws of the United States, or any state or territory thereof that are qualified to own or control interests in such Oil and Gas Leases under the provisions of such Mineral Leasing Act and regulations, or to Persons persons who may acquire ownership or interest in such Oil and Gas Leases under the provisions of 30 U.S.C. § ss. 184(g), if applicable, as such Mineral Leasing Act or regulations are now or may be from time to time in effect.

Appears in 1 contract

Samples: Quest Resource Corp

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Mineral Leasing Act. Notwithstanding any other provisions of this Mortgage--------------------- Mortgage , any Oil and Gas Leases covered by this Mortgage which are subject to the Mineral Leasing Act of 1920, as amended, and the regulations promulgated thereunder, shall not be sold or otherwise disposed of to any party other than citizens of the United States, or to associations of such citizens or to any corporation organized under the laws of the United States, or any state or territory thereof that are qualified to own or control interests in such Oil and Gas Leases under the provisions of such Mineral Leasing Act and regulations, or to Persons who may acquire ownership or interest in such Oil and Gas Leases under the provisions of 30 U.S.C. § Sec. 184(g), if applicable, as such Mineral Leasing Act or regulations are now or may be from time to time in effect.

Appears in 1 contract

Samples: Mortgage, Security Agreement (Texhoma Energy Inc)

Mineral Leasing Act. Notwithstanding any other provisions of this Mortgagehereof, any Oil oil and Gas Leases gas leases covered by this Mortgage which are subject to the Mineral Leasing Act of 1920, 1920 as amended, and the regulations promulgated thereunder, shall not be sold or otherwise disposed of to any party other than citizens of the United States, or to associations of such citizens or to any corporation organized under the laws of the United States, or any state or territory thereof that are qualified to own or control interests in such Oil and Gas Leases under the provisions of such Mineral Leasing Act and regulations, or to Persons persons who may acquire ownership or interest in such Oil and Gas Leases under the provisions of 30 U.S.C. § 184(g), ) if applicable, as such Mineral Leasing Act or regulations regulation are now or may be from time to time in effect.

Appears in 1 contract

Samples: Revolving Credit Agreement (ZaZa Energy Corp)

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