Common use of Lessee's Encumbrances Clause in Contracts

Lessee's Encumbrances. Lessee will not permit any liens or encumbrances --------------------- on the unpatented and patented mining claims of the Subject Premises. Notwithstanding anything to the contrary in this section, the parties agree that Lessee has the right to encumber, as it deems necessary or convenient, its leasehold interest including without limitation its share of production and proceeds, so as not to interfere with Lessors' royalties.

Lessee's Encumbrances. Lessee will not permit any liens or encumbrances --------------------- on the unpatented and patented mining claims of the Subject Premises. Notwithstanding anything to the contrary in this section, the parties agree that Lessee has the right to encumber, as it deems necessary or convenient, its leasehold interest including without limitation its share of production and proceeds, so as not to interfere with Lessors' royaltiesLessor's Production Royalty.

Lessee's Encumbrances. Lessee will not permit any liens or encumbrances --------------------- on the unpatented and patented mining claims of the Subject Premises. Notwithstanding anything to the contrary in this section, the parties agree that Lessee has the right to encumber, as it deems necessary or convenient, its -13- leasehold interest including without limitation its share of production and proceeds, so as not to interfere with Lessors' royalties.