Common use of Maintenance of Leases Clause in Contracts

Maintenance of Leases. Mortgagor will keep and continue all Leases, estates, and interests herein described and all contracts and agreements relating thereto in full force and effect in accordance with the terms thereof and will not permit the same to lapse or otherwise become impaired for failure to comply with the obligations thereof, whether express or implied. In this connection, Mortgagor shall not release any of the Leases without the prior written consent of Mortgagee.

Appears in 2 contracts

Samples: Primeenergy Corp, Primeenergy Corp

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Maintenance of Leases. Mortgagor will keep and continue all the Leases, estates, and interests herein described and all contracts and agreements relating thereto in full force and effect in accordance with the terms thereof and will not permit the same to lapse or otherwise become impaired for failure to comply with the obligations thereof, whether express or implied. In this connection, Mortgagor shall not release any of the Leases without the prior written consent of Mortgagee.

Appears in 1 contract

Samples: Trust, Security Agreement (Lucas Energy, Inc.)

Maintenance of Leases. Mortgagor will use all reasonable efforts to keep and continue all Leases, estates, and interests herein described and all contracts and agreements relating thereto in full force and effect in accordance with the terms thereof and will not permit the same to lapse or otherwise become impaired for failure to comply with the obligations thereof, whether express or implied. In this connection, Mortgagor shall not release any of the Leases without the prior written consent of Mortgagee.

Appears in 1 contract

Samples: Primeenergy Corp

Maintenance of Leases. Mortgagor will keep and continue all Leases, estates, estates and interests herein described and all contracts and agreements relating thereto in full force and effect in accordance with the terms thereof and will not permit the same to lapse or otherwise become impaired for failure to comply with the obligations thereof, whether express or implied. In this connection, Mortgagor shall not release any of the Leases without the prior written consent of Mortgagee.

Appears in 1 contract

Samples: Agreement to Purchase Sugar Valley Interest (Blast Energy Services, Inc.)

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Maintenance of Leases. Mortgagor will keep and wilx xxxx xxd continue all Leases, estates, estates and interests herein described and all contracts and agreements relating thereto in full force and effect in accordance with the terms thereof and will not permit the same to lapse or otherwise become impaired for failure to comply with the obligations thereof, whether express or implied. In this connection, Mortgagor shall not release any of the Leases without the prior written consent of Mortgagee.

Appears in 1 contract

Samples: Fortune Natural Resources Corp

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