Common use of Findings for Recovery Clause in Contracts

Findings for Recovery. If the potential compensation to Lessee under this Lease exceeds Twenty Five Thousand Dollars ($25,000.00), Lessee warrants that it is not subject to an “unresolved” finding for recovery under Revised Code Section 9.24. If this warranty is found to be false, this Lease is void ab initio.

Appears in 5 contracts

Samples: And Gas Lease, Entire Agreement, And Gas Lease

AutoNDA by SimpleDocs

Findings for Recovery. If the potential compensation to Lessee under this Lease exceeds Twenty Five Thousand Dollars ($25,000.00), Lessee warrants that it is not subject to an “unresolved” finding for recovery under Revised Code Section 9.24. If this warranty is found to be false, this Lease is void ab initio, and Lessee shall immediately repay to the Lessor any funds paid under this Lease.

Appears in 1 contract

Samples: oilandgas.ohiodnr.gov

AutoNDA by SimpleDocs
Time is Money Join Law Insider Premium to draft better contracts faster.