SALE OF PREMISES BY LESSOR. In the event of any sale or exchange of the Premises by Lessor and assignment by Lessor of this Lease, Lessor shall be and is hereby entirely freed and relieved of all liability under any and all of its covenants and obligations contained in or derived from the Lease arising out of any act, occurrence or omission relating to the Premises or this Lease occurring after the consummation of such sale or exchange and assignment. Nothing herein-contained shall invalidate this Lease nor shall the obligations of Lessor's assignee and Lessee to perform their respective covenants under this Lease be diminished or extinguished.
Appears in 3 contracts
Samples: Mining Lease (General Metals Corp), Assignment of Lease (General Metals Corp), Assignment of Lease and Consent (General Gold Corp)
SALE OF PREMISES BY LESSOR. In the event of any sale or exchange of the Premises by Lessor and assignment by Lessor of this Lease, Lessor shall be and is hereby entirely freed and relieved of all liability under any and all of its covenants and obligations contained in or derived from the Lease arising out of any act, occurrence or omission relating to the Premises or this Lease occurring after the consummation of such sale or exchange and assignment. Nothing herein-contained shall invalidate this Lease nor shall the obligations of Lessor's assignee and Lessee to perform their respective covenants under this Lease be diminished or extinguished.Mining Lease Independence Gold Range 061705
Appears in 1 contract
Samples: Mining Lease (General Gold Corp)
