Common use of Reservation of Mineral Rights Clause in Contracts

Reservation of Mineral Rights. Lessor reserves to itself all the minerals and other extractive resources. This reservation shall not diminish the right of the Lessee under this Lease to occupy and freely use the Leased Premises for the purposes contained herein. Any eventual extraction by the Lessor of minerals or other extractive resources shall be carried out with as little disruption to the Lessee as is reasonably possible. In instances requiring a material disruption of the Lessee’s right of use and occupancy of the Leased Premises as provided herein, the Lessor shall not make such extraction without the consent of the Lessee.

Appears in 1 contract

Samples: Community Land Trust Ground Lease

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Reservation of Mineral Rights. Lessor reserves to itself all the minerals and other extractive resources, located on or under the Leased Premises. This reservation shall not diminish the right of the Lessee under this Lease to occupy and freely use the Leased Premises for the purposes contained hereinPremises. Any eventual extraction by the Lessor of minerals or other extractive resources shall be carried out with as little disruption to the Lessee as is reasonably possible. In instances requiring a material disruption of the Lessee’s right of use and occupancy of the Leased Premises as provided hereinPremises, the Lessor shall not make such extraction without the written consent of the Lessee.

Appears in 1 contract

Samples: www.homesteadclt.org

Reservation of Mineral Rights. Lessor reserves to itself all the minerals and other extractive resourcesresources of the Leased Premises. This reservation shall not diminish the right of the Lessee under this Lease to occupy and freely use the Leased Premises for the purposes contained hereinPremises. Any eventual extraction by the Lessor of minerals or other extractive resources shall be carried out with as little disruption to the Lessee as is reasonably possible. In instances requiring a material disruption of the Lessee’s right of use and occupancy of the Leased Premises as provided hereinPremises, the Lessor shall not make such extraction without the consent of the Lessee.

Appears in 1 contract

Samples: Lease

Reservation of Mineral Rights. Lessor reserves to itself all the minerals and other extractive resourcesresources of the Leased Premises. This reservation shall not diminish the right of the Lessee under this Lease to occupy and freely use the Leased Premises for the purposes contained hereinPremises. Any eventual No extraction by the Lessor of minerals or other extractive resources shall be carried out with as little disruption to the Lessee as is reasonably possible. In instances requiring a material disruption of the without Lessee’s right of use and occupancy of the Leased Premises as provided hereinprior written consent, the Lessor which consent shall not make such extraction without the consent of the Lesseebe unreasonably withheld.

Appears in 1 contract

Samples: Island Housing Trust Ground Lease

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Reservation of Mineral Rights. Lessor reserves to itself all the minerals and other extractive resourcesresources of the Leased Premises. This reservation shall not diminish the right of the Lessee under this Lease to occupy and freely use the Leased Premises for the purposes contained hereinLease Premises. Any eventual extraction by the Lessor of minerals or other extractive resources shall be carried out with as little disruption to the Lessee as is reasonably possible. In instances requiring a material disruption of the Lessee’s right of use and occupancy of the Leased Premises as provided hereinPremises, the Lessor shall not make such extraction without the consent of the Lessee.

Appears in 1 contract

Samples: Lease Agreement

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