Common use of REMOVAL OF LESSEE'S PROPERTY Clause in Contracts

REMOVAL OF LESSEE'S PROPERTY. (a) Lessee may at any time during the term of the Lease remove all or any of the property and fixtures placed by it in or upon the Lands, including the right to draw and remove all casing. (b) Following termination of the Lease or any part thereof for any cause, and following abandonment of any well drilled pursuant to the provisions hereof, Lessee shall within six (6) months thereafter remove all personal property which Lessee shall have brought upon the Lands affected by such termination or upon the drillsite of such abandoned well; shall make reasonable efforts to fill all sumps, remove all foundations and so nearly as practicable restore the areas affected by such termination or abandonment to the condition in which they were prior to the commencement of its operations hereunder; and, in the case of termination, shall deliver to the Lessor a quitclaim deed, in recordable form, surrendering to the Lessor all right, title and interest of the Lessee in that part of the Lands as to which the Lease shall have been so terminated, saving and excepting necessary easements and rights of way on the Lands for Lessee’s further operations on any part of the Lands as to which the Lease shall not have been terminated and on Lessee’s other lands in the vicinity. The ownership of any of Lessee’s property not removed by it during the period herein provided shall, in the absence of Force Majeure, be deemed abandoned by Lessee and shall pass to Lessor without further act of the parties or either of them effective upon expiration of such period, provided however Lessee shall remain liable to Lessor for any such property which Lessee fails to remove upon notice by Lessor within said six (6) month period that such property be removed.

Appears in 3 contracts

Samples: Geothermal Lease Agreement, Geothermal Lease Agreement (Raser Technologies Inc), Geothermal Lease Agreement (Raser Technologies Inc)

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REMOVAL OF LESSEE'S PROPERTY. (a) Lessee may at any time during the term of the Lease remove all or any of the property and fixtures placed by it in or upon the Lands, including the right to draw and remove all casing. Subject to agreement with surface owner. (b) Following termination of the Lease or any part thereof for any cause, and following abandonment of any well drilled pursuant to the provisions hereof, Lessee shall within six (6with the consent of Lessor) months thereafter remove all personal property which Lessee shall have brought upon the Lands affected by such termination or upon the drillsite of such abandoned well; shall make reasonable efforts to fill all sumps, remove all foundations and so nearly as practicable restore the areas affected by such termination or abandonment to the condition in which they were prior to the commencement of its operations hereunder; and, in the case of termination, shall deliver to the Lessor a quitclaim deed, in recordable form, surrendering to the Lessor all right, title and interest of the Lessee in that part of the Lands as to which the Lease shall have been so terminated, saving and excepting necessary easements and rights of way on the Lands for Lessee’s 's further operations on any part of the Lands as to which the Lease shall not have been terminated and on Lessee’s 's other lands in the vicinity. The ownership of any of Lessee’s 's property not removed by it during the period herein provided shall, in the absence of Force Majeure, be deemed abandoned by Lessee and shall pass to Lessor without further act of the parties or either of them effective upon expiration of such period, provided however provided, however, Lessee shall remain liable to Lessor the surface landholder for any such property which Lessee fails to remove upon notice by remove. Lessee shall defend, hold harmless and indemnify the Lessor within said six (6) month period against any cause of action that such property be removedarises from failure to reclaim the surface as prescribed in an agreement with the land owner.

Appears in 3 contracts

Samples: Geothermal Lease and Agreement (Nevada Geothermal Power Inc), Geothermal Lease and Agreement (Nevada Geothermal Power Inc), Geothermal Lease and Agreement (Nevada Geothermal Power Inc)

REMOVAL OF LESSEE'S PROPERTY. (a) Lessee may at any time during the term of the Lease remove all or any of the property and fixtures placed by it in or upon the Lands, including the right to draw and remove all casing. (b) Following termination of the Lease or any part thereof for any cause, and following abandonment of any well drilled pursuant to the provisions hereof, Lessee shall within six (6) months thereafter remove all personal property which Lessee shall have brought upon the Lands affected by such termination or upon the drillsite drill site of such abandoned well; shall make reasonable efforts to fill all sumps, remove all foundations and so nearly as practicable restore the areas affected by such termination or abandonment to the condition in which they were prior to the commencement of its operations hereunder; and, in the case of termination, shall deliver to the Lessor a quitclaim deed, in recordable form, surrendering to the Lessor all right, title and interest of the Lessee in that part of the Lands as to which the Lease shall have been so terminated, saving and excepting necessary easements and rights of way on the Lands for Lessee’s 's further operations on any part of the Lands as to which the Lease shall not have been terminated and on Lessee’s 's other lands in the vicinity. The ownership of any of Lessee’s 's property not removed by it during the period herein provided shall, in the absence of Force Majeure, be deemed abandoned by Lessee and shall pass to Lessor without further act of the parties or either of them effective upon expiration of such period, provided however Lessee shall remain liable to Lessor for any such property which Lessee fails to remove upon notice by Lessor within said six (6) month period that such property be removed.

Appears in 2 contracts

Samples: Geothermal Lease and Agreement (Nevada Geothermal Power Inc), Geothermal Lease and Agreement (Nevada Geothermal Power Inc)

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REMOVAL OF LESSEE'S PROPERTY. (a) Lessee may at any time during the term of the Lease remove all or any of the property and fixtures placed by it in or upon the Lands, including the right to draw and remove all casing. Subject to agreement with surface owner. (b) Following termination of the Lease or any part thereof for any cause, and following abandonment of any well drilled pursuant to the provisions hereof, Lessee shall within six (6with the consent of Lessor) months thereafter remove all personal property which Lessee shall have brought upon the Lands affected by such termination or upon the drillsite of such abandoned well; shall make reasonable efforts to fill all sumps, remove all foundations and so nearly as practicable restore the areas affected by such termination or abandonment to the condition in which they were prior to the commencement of its operations hereunder; and, in the case of termination, shall deliver to the Lessor a quitclaim deed, in recordable form, surrendering to the Lessor all right, title and interest of the Lessee in that part of the Lands as to which the Lease shall have been so terminated, saving and excepting necessary easements and rights of way on the Lands for Lessee’s 's further operations on any part of the Lands as to which the Lease shall not have been terminated and on Lessee’s 's other lands in the vicinity. The ownership of any of Lessee’s 's property not removed by it during the period herein provided shall, in the absence of Force Majeure, be deemed abandoned by Lessee and shall pass to Lessor without further act of the parties or either of them effective upon expiration of such period, provided however provided, however, Lessee shall remain remain. liable to Lessor the surface landholder for any such property which Lessee fails to remove upon notice by remove. Lessee shall defend, hold harmless and indemnify the Lessor within said six (6) month period against any cause of action that such property be removedarises from failure to reclaim the surface as prescribed in an agreement with the land owner.

Appears in 1 contract

Samples: Geothermal Lease and Agreement (Nevada Geothermal Power Inc)

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