Rentals Paid; Leases in Effect. All rentals and royalties due and payable in accordance with the terms of any material leases or subleases comprising a part of the Mortgaged Property have been duly paid or provided for, and all material leases or subleases comprising a part of the Oil and Gas Property are in full force and effect.
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Samples: Sundance Energy Australia LTD, Sundance Energy Australia LTD, Sundance Energy Australia LTD
Rentals Paid; Leases in Effect. All rentals and royalties due and payable in accordance with the terms of any material leases or subleases comprising a part of the Mortgaged Property have been duly paid or provided for, and all material leases or subleases comprising a part of the Oil and Gas Property are in full force and effect.
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