Common use of License Requests By Gas Party or Coal Party Clause in Contracts

License Requests By Gas Party or Coal Party. In order for Gas Party or Coal Party to exercise its License Use Rights, it shall request from the other specific, revocable licenses (each such revocable license, a “License”). Each such request (a “License Request”) made pursuant to this Section 5.6 shall be made in writing and shall include (i) a description of the License being requested, including its specific purpose, and (ii) a description of the surface rights or other assets, as applicable, that would be affected by such License. Following the receipt of a License Request pursuant to this Section 5.6 the Party receiving such License Request shall use reasonable discretion (exercised in good faith) to determine if such License Request (iii) is sufficiently specific in nature and (iv) would not materially impair the value of the surface xxxxxxx other asset which is subject to such License Request. Should the Party receiving such License Request be satisfied that both clause (iii) and clause (iv) of this Section 5.6 be satisfied by such requested License, such Party shall prepare and deliver, without cost or fees to the other, such License; provided, however, such License shall contain language that it is non-exclusive and revocable and subject to (v) any applicable restrictions under any Existing Permits/Agreements, (vi) the other terms of this Agreement, and (vii) any applicable Laws.

License Requests By Gas Party or Coal Party. In order for Gas Party or Coal Party to exercise its License Use Rights, it shall request from the other specific, revocable licenses (each such revocable license, a “License”). Each such request (a “License Request”) made pursuant to this Section 5.6 shall be made in writing and shall include (i) a description of the License being requested, including its specific purpose, and (ii) a description of the surface rights or other assets, as applicable, that would be affected by such License. Following the receipt of a License Request pursuant to this Section 5.6 the Party receiving such License Request shall use reasonable discretion (exercised in good faith) to determine if such License Request (iiix) is sufficiently specific in nature and (ivy) would not materially impair the value of the surface xxxxxxx right or other asset which is subject to such License Request. Should the Party receiving such License Request be satisfied that both clause (iiix) and clause (ivy) of this Section 5.6 be satisfied by such requested License, and subject to any restrictions under applicable Existing Permits/Agreements and the other terms of this Agreement, such Party shall prepare and deliver, without cost or fees to the other, such License; provided, however, such License shall contain language that it is non-exclusive and revocable and subject to (vA) any applicable restrictions under any Existing Permits/Agreements, (viB) the other terms of this Agreement, and (viiC) any applicable Laws.