Common use of Control of Well Clause in Contracts

Control of Well. The policy shall cover the cost of controlling a well that is out of control, re-drilling or restoration expenses, seepage and pollution damage as first party recovery for Lessee and related expenses, including, but not limited to, loss of equipment, experts and, evacuation of residents. $ 5,000,000 per occurrence/no aggregate, if available, otherwise an aggregate of ten (10) million dollars. $ 500,000 Sub-limit endorsement may be added for damage to property for which Lessee has care, custody and control.

Appears in 12 contracts

Samples: Agreement, Agreement, Agreement

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Control of Well. The policy shall cover the cost of controlling a well that is out of control, re-drilling or restoration expenses, seepage and pollution damage as first party recovery for Lessee and related expenses, including, but not limited to, loss of equipment, experts and, evacuation of residents. $ 5,000,000 per occurrence/no aggregate, if available, otherwise an aggregate of ten (10) million dollars. $ 500,000 Sub-limit endorsement may be added for damage to property for which Lessee Xxxxxx has care, custody and control.

Appears in 3 contracts

Samples: Agreement, Agreement, Agreement

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Control of Well. The policy shall should cover the cost of controlling a well that is out of control, re-re- drilling or restoration expenses, seepage and pollution damage as first party recovery for Lessee the Operator and related expenses, including, but not limited to, loss of equipment, experts and, and evacuation of residents. $ 5,000,000 per occurrence/no aggregate, if available, otherwise an aggregate of ten (10) million dollarscombined single limit. $ 500,000 Subsub-limit endorsement may be added for damage to property for which Lessee the Operator has care, custody and control.

Appears in 1 contract

Samples: Road Repair Agreement

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