Leases and Royalties. Except for the Leases set forth in Section 1.1, the properties described in Schedule 1.1 are not subject to any leases, nor are there any royalties burdening said properties. For purposes hereof, the term “royalties” shall mean all amounts payable as a share of the product or profit from property, and includes, without limitation, production payments, minimum royalties, overriding royalties and bonus payments.
Leases and Royalties. The Lands and Minerals are not subject to any leases or other agreements burdening or otherwise associated with such Lands, and, there are no Royalties (as defined below) burdening or otherwise associated with such Lands or Minerals. For purposes hereof, “Royalties” shall mean any amount payable as a share of the product or profit from the Lands or any Minerals produced therefrom and includes without limitation, production payments, net profits interests, net smelter return royalties, landowner’s royalties, minimum royalties, overriding royalties and royalty bonuses.
Leases and Royalties. (i) To Seller Party’s knowledge, all Leases are in full force and effect, and Seller Party is not in default with respect to any of its material obligations thereunder, and (ii) all rentals, royalties, overriding royalty interests and other payments due and owing by Seller Party under each of the Leases have been timely and accurately paid, except amounts that are being held in suspense as a result of title issues and issues relating to the location of owners.
Leases and Royalties. The Lands described in Schedule 5.6(b) attached hereto and Schedule A to the Deed of Trust are not subject to any leases or other agreements other than the Mining Leases. The Lands described in Schedule 5.6(b) attached hereto as Schedule A of the Deed of Trust are not subject to any Royalties burdening such Lands except as set forth in the Mining Leases and other agreements listed on Schedule 5.
Leases and Royalties. The Leases have been maintained according to their terms and conditions, in compliance with the agreements to which the Leases are subject, and the Leases are presently in full force and effect. All shut-in royalties, overriding royalties and other royalties or similar burdens on production with respect to the Leases that have become due and payable by Seller as of the Effective Time have been duly paid other than those funds held in suspense by Seller as described in Section 10.3. Schedule 10.3 sets forth a description of all funds currently held in suspense by Seller with respect to the Properties.
Leases and Royalties. Except as disclosed in writing to Beneficiary in Schedule 7.1(l) to the Credit Agreement, the Leases are in full force and effect, in good standing and free from breach or default, and except as disclosed in writing to Beneficiary in Schedule 7.1(l) to the Credit Agreement, the Trustor is not aware of, and has not received notice of, any act or omission, which would constitute a material breach or default under the Lease or which would otherwise allow the lessor to terminate any Lease. Trustor has good right and full power and authority to assign, convey, grant and to transfer the interests in the Leases, without consent of the lessor (or Trustor has obtained sufficient consent from the lessor). Except as disclosed in writing to Beneficiary in Schedule 7.1(l) to the Credit Agreement, there are no Royalties (as defined below) burdening or otherwise associated with such Lands. For purposes hereof, “Royalties” shall mean any amount payable as a share of the product or profit from the Lands or any Minerals produced therefrom and includes without limitation, production payments, net profits interests, net smelter return royalties, landowner’s royalties, minimum royalties, overriding royalties and royalty bonuses.
Leases and Royalties. The Leases are in full force and effect, in good standing and free from breach or default, and Grantors are not aware of, and have not received notice of, any act or omission, which would constitute a material breach or default under any Lease or which would otherwise allow the lessor to terminate any Lease. Grantors have good right and full power and authority to assign, convey, gxxxx and to transfer the interests in the Leases, without consent of the lessor (or Grantors have obtained sufficient consent from the lessor). Except as disclosed in writing to Beneficiary, there are no Royalties (as defined below) burdening or otherwise associated with such Lands. For purposes hereof, “Royalties” shall mean any amount payable as a share of the product or profit from the Lands or any Minerals produced therefrom and includes without limitation, production payments, net profits interests, net smelter return royalties, landowner’s royalties, minimum royalties, overriding royalties and royalty bonuses.
Leases and Royalties. Capitalized terms appearing in this -------------------- Section 2.18, if not defined in this Agreement, shall have the ------------ meanings defined in the Loan Agreement. The Lands described in Section 2.17 of the Company Disclosure Letter are not subject to any ------------ leases or other agreements other than the Mining Venture Agreement and the Mining Leases. The Lands described in Section 2.17 of the Company ------------ Disclosure Letter are not subject to any Royalties burdening such Lands except as set forth in the Mining Leases and other agreements listed in Section 2.18 of the Company Disclosure Letter. For purposes ------------ hereof, "Royalties" shall mean all amounts payable as a share of the product or profit from the Lands or any mineral products produced therefrom and includes without limitation, production payments, net profits interests, net smelter return royalties, landowner's royalties, minimum royalties, overriding royalties and royalty bonuses.
Leases and Royalties. Capitalized terms appearing in this Section 3.1(o), if not defined in this Agreement, shall have the meanings defined in the Globex Loan Agreement. The Lands are not subject to any leases or other agreements other than the Mining Venture Agreement and the Mining Leases. The Lands are not subject to any Royalties (as hereinafter defined) burdening such Lands, except as set forth in the Mining Leases and other agreements listed in Schedule 3.1(o). For purposes hereof, "ROYALTIES" shall mean all amounts payable as a share of the product or profit from the Lands or any mineral products produced therefrom and includes, without limitation, production payments, net profits interests, net smelter return royalties, landowner's royalties, minimum royalties, overriding royalties and royalty bonuses.
Leases and Royalties. Capitalized terms appearing in this Section 2.18, if not defined in this Agreement, shall have the meanings defined in the Loan Agreement. The Lands described in Section 2.17 of the Company Disclosure Letter are not subject to any leases or other agreements other than the Mining Venture Agreement and the Mining Leases. The Lands described in Section 2.17 of the Company Disclosure Letter are not subject to any Royalties burdening such Lands except as set forth in the Mining Leases and other agreements listed in Section 2.18 of the Company Disclosure Letter. For purposes hereof, "Royalties" shall mean all amounts payable as a share of the product or profit from the Lands or any mineral products produced therefrom and includes without limitation, production payments, net profits interests, net smelter return royalties, landowner's royalties, minimum royalties, overriding royalties and royalty bonuses.
