Performance of Leases. The Borrower shall perform or cause to be performed all obligations under all leases relating to its oil and gas properties, including payment of rentals, royalties, taxes or other charges in respect thereof which are necessary to maintain all such leases in good standing in all material respects, provided that this covenant shall not restrict their right to surrender leases which are uneconomic to maintain.
Appears in 4 contracts
Samples: Financing Commitment (Carbon Energy Corp), Financing Commitment (Evergreen Resources Inc), Financing Commitment (Carbon Energy Corp)
