Common use of Lease Modification Clause in Contracts

Lease Modification. If facts are discovered by drilling and/or by scientific discoveries, which require modification of the aforesaid Geothermal Energy Lease, at the request of either the Lessor or Lessee the appropriate modifications either in terminology or in substance shall be made in order to make the lease workable, and to clarify the terms of the lease.

Appears in 2 contracts

Samples: Geothermal Energy Lease (Raser Technologies Inc), Geothermal Energy Lease (Raser Technologies Inc)

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Lease Modification. If facts are discovered by drilling and/or by scientific discoveries, which require modification of the aforesaid Geothermal Energy Lease, at the request of either the Lessor or Lessee the appropriate modifications either in terminology or in substance shall be made in order to make the lease workable, and to clarify the terms of the lease.the

Appears in 1 contract

Samples: Geothermal Energy Lease (Raser Technologies Inc)

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Lease Modification. If facts are discovered by drilling and/or by scientific discoveries, which require modification of the aforesaid Geothermal Energy Lease, at the request of either the Lessor or Lessee the appropriate modifications either in terminology or in substance shall be made in order to make the lease workable, and to clarify the terms of the lease.. Geothermal Energy Lease 4/1/07 Page No. 13

Appears in 1 contract

Samples: Geothermal Energy Lease

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