Leases in Effect. All rentals and royalties due and payable in accordance with the terms of any leases or subleases comprising a part of the Hydrocarbon Property have been duly paid or provided for and all leases or subleases comprising a part of the Hydrocarbon Property are in full force and effect.
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Samples: Mortgage, Deed of Trust, Assignment of Production, Security Agreement, and Financing Statement (Miller Exploration Co), Mortgage, Deed of Trust, Assignment of Production, Security Agreement and Financing Statement (Miller Exploration Co), Mortgage (Miller Exploration Co)
Leases in Effect. All rentals and royalties due and payable in accordance with the terms of any leases or subleases comprising a part of the Hydrocarbon Property have been duly paid or provided for and and, to Borrower's knowledge, all leases or subleases comprising a part of the Hydrocarbon Property are in full force and effect.
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