Relinquished Properties Sample Clauses

Relinquished Properties. Desert Hawk hereby relinquishes to Lessors all of the Relinquished Properties and acknowledges that Desert Hawk no longer has any right, title or interest of any kind in or to any of the Relinquished Properties or any minerals or mineral products produced therefrom. Public notice of Desert Hawk’s relinquishment shall be accomplished through the provisions of Section 13.15. Desert Hawk’s relinquishment is and shall continue to be subject to any and all unsatisfied reclamation obligations relative to both the Relinquished Properties and the Leased Premises that were incurred by Desert Hawk during the existence of the Original Agreement or the Amended Agreement. Any such unsatisfied reclamation obligations shall remain the obligations of Desert Hawk and Desert Hawk shall satisfy any such obligations promptly and fully after the Closing Date.