Common use of Mineral Leasing Act Clause in Contracts

Mineral Leasing Act. Notwithstanding any other provisions of this Mortgage, any Oil and Gas Leases covered by this Mortgage which are subject to the Mineral Leasing Act of 1920, as amended, and the regulations promulgated thereunder, shall not be sold or otherwise disposed of to any party other than citizens of the United States, or to associations of such citizens or to any corporation organized under the laws of the United States, or any state or territory thereof that are qualified to own or control interests in such Oil and Gas Leases under the provisions of such Mineral Leasing Act and regulations, or to Persons who may acquire ownership or interest in such Oil and Gas Leases under the provisions of 30 U.S.C. § 184(g), if applicable, as such Mineral Leasing Act or regulations are now or may be from time to time in effect.

Appears in 5 contracts

Samples: Mortgage, Deed of Trust, Security Agreement, Financing Statement and Assignment of Production (Chaparral Energy, Inc.), Mortgage, Deed of Trust, Security Agreement, Financing Statement and Assignment of Production (Petrol Oil & Gas Inc), Mortgage, Security Agreement, Financing Statement and Assignment of Production (EnerJex Resources, Inc.)

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Mineral Leasing Act. Notwithstanding any other provisions of this --------------------- Mortgage, any Oil and Gas Leases covered by this Mortgage which are subject to the Mineral Leasing Act of 1920, as amended, and the regulations promulgated thereunder, shall not be sold or otherwise disposed of to any party other than citizens of the United States, or to associations of such citizens or to any corporation organized under the laws of the United States, or any state or territory thereof that are qualified to own or control interests in such Oil and Gas Leases under the provisions of such Mineral Leasing Act and regulations, or to Persons who may acquire ownership or interest in such Oil and Gas Leases under the provisions of 30 U.S.C. § Sec. 184(g), if applicable, as such Mineral Leasing Act or regulations are now or may be from time to time in effect.

Appears in 2 contracts

Samples: Mortgage, Deed of Trust, Security Agreement, Financing Statement and Assignment of Production (New Century Energy Corp.), Mortgage, Deed of Trust, Security Agreement, Financing Statement and Assignment of Production (New Century Energy Corp.)

Mineral Leasing Act. Notwithstanding any other provisions of this Mortgage--------------------- Mortgage , any Oil and Gas Leases covered by this Mortgage which are subject to the Mineral Leasing Act of 1920, as amended, and the regulations promulgated thereunder, shall not be sold or otherwise disposed of to any party other than citizens of the United States, or to associations of such citizens or to any corporation organized under the laws of the United States, or any state or territory thereof that are qualified to own or control interests in such Oil and Gas Leases under the provisions of such Mineral Leasing Act and regulations, or to Persons who may acquire ownership or interest in such Oil and Gas Leases under the provisions of 30 U.S.C. § Sec. 184(g), if applicable, as such Mineral Leasing Act or regulations are now or may be from time to time in effect.

Appears in 1 contract

Samples: Mortgage, Security Agreement, Financing Statement and Assignment of Production (Texhoma Energy Inc)

Mineral Leasing Act. Notwithstanding any other provisions of this Mortgagehereof, any Oil oil and Gas Leases gas leases covered by this Mortgage which are subject to the Mineral Leasing Act of 1920, 1920 as amended, and the regulations promulgated thereunder, shall not be sold or otherwise disposed of to any party other than citizens of the United States, or to associations of such citizens or to any corporation organized under the laws of the United States, or any state or territory thereof that are qualified to own or control interests in such Oil and Gas Leases under the provisions of such Mineral Leasing Act and regulations, or to Persons persons who may acquire ownership or interest in such Oil and Gas Leases under the provisions of 30 U.S.C. § 184(g), ) if applicable, as such Mineral Leasing Act or regulations regulation are now or may be from time to time in effect.

Appears in 1 contract

Samples: Revolving Credit Agreement (ZaZa Energy Corp)

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Mineral Leasing Act. Notwithstanding any other provisions of this Mortgage, any Oil and Gas Leases covered by this Mortgage which are subject to the Mineral Leasing Act of 1920, as amended, and the regulations promulgated thereunder, shall not be sold or otherwise disposed of to any party other than citizens of the United States, or to associations of such citizens or to any corporation organized under the laws of the United States, or any state or territory thereof that are qualified to own or control interests in such Oil and Gas Leases under the provisions of such Mineral Leasing Act and regulations, or to Persons persons who may acquire ownership or interest in such Oil and Gas Leases under the provisions of 30 U.S.C. § ss. 184(g), if applicable, as such Mineral Leasing Act or regulations are now or may be from time to time in effect.

Appears in 1 contract

Samples: Mortgage, Deed of Trust, Security Agreement, Financing Statement and Assignment of Production (Quest Resource Corp)

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