Release of Lease. Lessee may, at any time and from time to time, deliver to Lessor or file of record a written release of this lease as to a full or undivided interest in all or any portion of the area covered by this lease or any depths or zones thereunder, and shall thereupon be relieved of all obligations thereafter arising with respect to the interest so released. If Lessee releases less than all of the interest or area covered hereby, Lessee’s obligation to pay or tender shut-in royalties shall be proportionately reduced in accordance with the net acreage interest retained hereunder.
Release of Lease. Lessee, its successors and assigns, shall have the right at any time to surrender this Lease, in whole or in part, to Lessor or Lessor's heirs and assigns by delivering or mailing a release to the Lessor, or by placing a release of record in the county in which the lands are located. After that time, Lessee shall be relieved from all obligations, expressed or implied, of this Lease as to the lands surrendered. This Lease is executed by Lessor on the date of the acknowledgment of Lessor's signature, but is effective as of the Effective Date. Lessor /s/ Xxxxx X. Xxxxxxx Xx. Xxxxx X. Xxxxxxx, Xx. /s/ Xxxx Xxxxxxx Xxxx Xxxxxxx ACKNOWLEDGEMENT STATE OF TEXAS § COUNTY OF XXXXXX § This instrument was acknowledged before me on the 19 day of July, 2006, by Xxxxx X. Xxxxxxx, Xx.
Release of Lease. At the end of the primary term, Lessee shall execute end record a release of this lease insofar as it corers any part of the lease acreage not included in the spacing unit for the well mentioned in the preceding paragraph, if not spaced by the governmental authority having jurisdiction, said spacing unit shall be deemed in be 640 acres for gas and 160 acres for oil.
Release of Lease. Upon written request by Lessor and after termination, expiration, or surrender of this lease in whole or in part, Lessee shall provide Lessor with a copy of an appropriate release of lease.
Release of Lease. Upon termination, expiration or surrender of this Lease, in whole or in part, Tenant will prepare and record with the appropriate governmental real estate recording offices an appropriate release of lease or discharge suitable in form and provide State with a copy upon recordation of the same. If Tenant fails to cancel this Lease upon termination by recording an appropriate release, and continues to fail to cancel this Lease for a period of 30 calendar days following Xxxxxx’s receipt of State’s written demand to record such an appropriate release, then State may proceed to quiet title as to this Lease, and if State is successful in such action, State will thereafter recover from Tenant, all costs, including reasonable attorney’s fees, incurred in such action by State. Xxxxxx also agrees to promptly submit to the appropriate county office for the county or counties in which the Premises is located any and all required documentation reflecting termination of the Lease.
Release of Lease. Consistent with the terms of the Oil and Gas Lease, Transcontinental shall submit to the Summit County Recorder’s Office a Release of Lease, which shall fully and finally release, relinquish, and surrender all right, title, and interest in and to the Oil and Gas Lease, effective as of the date of its submission. A copy of said Release of Lease is attached hereto and incorporated herein by reference.
Release of Lease. Lessee may at any time and from time to time release from the Leased Premises any lands subject hereto by delivering to Lessor a release in a form duly recordable in the real estate records of Sxxxxxxx County, New Mexico. Upon such delivery, Lessee shall be relieved of all obligations thereafter accruing as to the lands so released but shall not be relieved of any obligations which accrued prior to such release. Any release must release all depths, strata and horizons in and under the lands released. If Lessor sells or develops the Surface of any portion of the Leased Premises, Lessee’s right to request use of the Surface of such portion of the Lease Premises shall automatically terminate at the time of such sale or development.
Release of Lease. Simultaneous with Lessee’s execution of this Second Amendment, Lessee shall, in accordance with paragraph 14(e) of the Lease, execute and have notarized the Release of Lease in the form attached hereto as Attachment 1 and deliver the executed and notarized Release of Lease to Lessor who shall hold the Release of Lease in escrow in accordance with paragraph 14 (e) of the Lease until such time as the Lease is terminated pursuant to the terms of the Lease, and upon termination of the Lease, Lessor may record the Release of Lease on the records of the Uintah County Recorder, Uintah County, Utah.
Release of Lease. Lessee may, at any time and from time to time, deliver to Lessor or file of record, in the county or counties in which the lease premises are situated, a written release of this lease as to a full or undivided interest in all or any portion of the area covered by this lease or any depths or zones thereunder and delivering a copy of the file-marked release to the Lessor.”
Release of Lease. Lessee may, at any time, and from time to time, deliver to Lessor and record in the Moffat County, Colorado records a written release of this lease as to a full or undivided interest in all or any portion of the leased premises or any depth or zones thereunder and shall thereupon be relieved of all obligations thereafter arising with respect to the interests so released, except as may be provided in the surface use agreement hereinafter provided for in Section 12 and the rules of the Colorado Oil & Gas Conservation Commission. If this lease expires or is terminated, Lessee must record a release in the Moffat County, Colorado records within 45 days of receipt of a demand therefor.
