Now Clause Sample Clauses

Now Clause. It is understood that the Tenant may now or at any time during the term of this lease mine and remove materials from adjoining lands not owned by the Landlord and process those materials through the plant located on the leasehold without the payment of additional rents or royalties to the Landlord hereunder provided, however, after January 32, 1989; the Tenant must utilize materials from the. leased premises for the production of at least 75% of all materials sold and shipped from the plant located on the leasehold during each year of the lease term. Once all reasonably recoverable material has been removed and sold from the leasehold, then this provision shall no longer be applicable. If Tenant violates the provisions of this paragraph by failing to produce at least 75% of the production from materials mined and excavated on the leasehold, then landlord may, at its option, terminate this lease by giving lessee 60 days written notice of such termination. PREPARED BY AND RETURN TO: ALACHUA COUNTY ABSTRACT COMPANY/RC 0000 XX 00XX XXXXXX, XXXX X XXXXXXXXXXX, XX 00000 BY: XXXXX XXXXXX EDGE 991184 PARTIAL RELEASE OF MINING LEASE AGREEMENT FLORIDA ROCK PROPERTIES, INC. a Florida Corporation, (“Landlord”) holder of the Mining Lease Agreement executed by FLORIDA ROCK INDUSTRIES, INC., a Florida Corporation, (“Tenant”) to FLORIDA ROCK PROPERTIES, INC., a Florida Corporation dated April 1, 1986, filed June 30, 1986 and recorded in Official Records Book 1629, page 674 of the public records of Alachua County, Florida in consideration of the sum of Ten Dollars ($10.00), hereby on this 9th day of February, 2000, releases from the lien of the Mining Lease Agreement that certain property in the County of Alachua and described as follows: The Southwest 1/4 of the Southwest 1/4 (SW 1/4 of SW 1/4) and the East One-half of the Southwest 1/4 (E1/2 of SW 1/4) of Section 18, Township 9 South, Range 18 East, except that portion lying within the right of way of County Road NW 36. All lying and being in Alachua County, Florida. without impairing the Mining Lease Agreement or the remaining part of the property described in that Mining Lease Agreement. Signed, sealed and delivered in our presence FLORIDA ROCK PROPERTIES, INC. a Florida Corporation /s/ Xxxx X. Xxxxxxx By: /s/ Xxxx X. Xxxxxxxx Signature of witness #1 Name: Xxxx X. Xxxxxxxx Typed name: Xxxx X. Xxxxxxx Title: President /s/ Xxxxxx X. Xxxxx Signature of witness #2 Typed name: Xxxxxx X. Xxxxx State of Florida County of Duva...
AutoNDA by SimpleDocs

Related to Now Clause

  • Certain Definitions For purposes of this Agreement, the following terms have the meanings indicated:

  • NOW, THEREFORE the parties hereto agree as follows:

  • Definitions and Interpretation 1.1 In this Agreement:

  • Conditions Precedent The effectiveness of this Amendment is subject to the satisfaction of all of the following conditions precedent:

  • Amendments and Waivers (a) If the ICANN Board of Directors determines that an amendment to this Agreement (including to the Specifications referred to herein) and all other registry agreements between ICANN and the Applicable Registry Operators (the “Applicable Registry Agreements”) is desirable (each, a “Special Amendment”), ICANN may adopt a Special Amendment pursuant to the requirements of and process set forth in this Section 7.6; provided that a Special Amendment may not be a Restricted Amendment.

  • Waiver of Jury Trial IN ANY ACTION, SUIT, OR PROCEEDING IN ANY JURISDICTION BROUGHT BY ANY PARTY AGAINST ANY OTHER PARTY, THE PARTIES EACH KNOWINGLY AND INTENTIONALLY, TO THE GREATEST EXTENT PERMITTED BY APPLICABLE LAW, HEREBY ABSOLUTELY, UNCONDITIONALLY, IRREVOCABLY AND EXPRESSLY WAIVES FOREVER TRIAL BY JURY.

  • Confirmation of Agreement Except as amended hereby, the Custody Agreement is in full force and effect and as so amended is hereby ratified, approved and confirmed by the Customer and the Bank in all respects.

  • Miscellaneous Provisions Section 11.01

  • Compliance with Laws Comply in all material respects with the requirements of all Laws and all orders, writs, injunctions and decrees applicable to it or to its business or property, except in such instances in which (a) such requirement of Law or order, writ, injunction or decree is being contested in good faith by appropriate proceedings diligently conducted; or (b) the failure to comply therewith could not reasonably be expected to have a Material Adverse Effect.

  • Limitation of Liability No provision hereof, in the absence of any affirmative action by the Holder to exercise this Warrant to purchase Warrant Shares, and no enumeration herein of the rights or privileges of the Holder, shall give rise to any liability of the Holder for the purchase price of any Common Stock or as a stockholder of the Company, whether such liability is asserted by the Company or by creditors of the Company.

Time is Money Join Law Insider Premium to draft better contracts faster.