Common use of MINERAL RESERVATION Clause in Contracts

MINERAL RESERVATION. Seller, for itself and its successors and assigns, expressly reserves and retains all right, title and interest in and to all of the oil, gas, and other minerals and mineral rights in, on, or under the Property, if any. Seller expressly waives the right to use the surface of the Property in connection with the exercise of the mineral reservation herein created, Seller reserving the right to extract minerals from the Property only by means of directional drilling from other properties or by pooling or unitization of the Property with other tracts.

Appears in 16 contracts

Samples: Agreement to Purchase and Sell, Agreement to Purchase and Sell, Agreement to Purchase and Sell

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MINERAL RESERVATION. Seller, for itself and its successors and assigns, expressly reserves and retains all right, title title, and interest in and to all of the oil, gas, and other minerals and mineral rights in, on, or under the Property, if any. Seller expressly waives the right to use the surface of the Property in connection with the exercise of the mineral reservation herein created, Seller reserving the right to extract minerals from the Property only by means of directional drilling from other properties or by pooling or unitization of the Property with other tracts.

Appears in 4 contracts

Samples: Agreement to Purchase and Sell, Agreement to Purchase and Sell, Agreement to Purchase and Sell

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MINERAL RESERVATION. SellerSELLER, for itself and its successors and assigns, expressly reserves and retains all right, title and interest in and to all of the oil, gas, and other minerals and mineral rights in, on, or under the Property, if any. Seller SELLER expressly waives the right to use the surface of the Property in connection with the exercise of the mineral reservation herein created, Seller SELLER reserving the right to extract minerals from the Property only by means of directional drilling from other properties or by pooling or unitization of the Property with other tracts.

Appears in 1 contract

Samples: Agreement to Purchase and Sell

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