Reservation of Right to Grant Additional Exploration Licenses Sample Clauses

Reservation of Right to Grant Additional Exploration Licenses. The Crow Tribe retains the right to grant exploration rights for minerals other than Coal, on the Prospect Area designated by Xxxxxxxxxxxx, but the parties agree any exploration rights so granted shall not interfere with the exploration rights of Xxxxxxxxxxxx. Any exploration rights granted to parties other than Xxxxxxxxxxxx covering the Prospect Area shall provide that activities conducted pursuant to such rights are subordinate to the exploration rights of Xxxxxxxxxxxx and thus shall not interfere with Xxxxxxxxxxxx’x exploration rights and shall further provide any selection of a mining (including drilling for hydrocarbons) area by such third parties shall be made only after Xxxxxxxxxxxx has selected its Mining Area in accordance with Section 8 of this Exploration Agreement, and after selection, Xxxxxxxxxxxx shall have the exclusive use of said Mining Area. To the extent practicable, Xxxxxxxxxxxx shall conduct its exploration activities so as not to diminish the quantity or value of the Tribe’s Coal or coal bed methane resources in seams that Xxxxxxxxxxxx does not intend to mine under this Agreement.
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Related to Reservation of Right to Grant Additional Exploration Licenses

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