Common use of Surface Alteration and Mineral Rights Clause in Contracts

Surface Alteration and Mineral Rights. Borrower shall not consent to, permit or indulge in any entry, either by itself or by any others, upon the surface of the Land for the purpose of exploration, drilling, prospecting, mining, excavation or removal of any earth, sand, dirt, rock, minerals, oil or any other substance without the Lender's approval and written consent.

Appears in 3 contracts

Samples: Mortgage and Security Agreement (HCW Biologics Inc.), Mortgage and Security Agreement (Eckler Industries Inc), Mortgage and Security Agreement (American Marine Recreation Inc)

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Surface Alteration and Mineral Rights. Borrower shall not consent to, permit or indulge in any entry, either by itself or by any others, upon the surface of the Land Mortgaged Property for the purpose of exploration, drilling, prospecting, mining, excavation excavating or removal of any earth, sand, dirt, rock, minerals, oil or any other substance without the Lender's approval and written consent.

Appears in 1 contract

Samples: Mortgage and Security Agreement (Earthcare Co)

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Surface Alteration and Mineral Rights. Borrower shall not consent to, permit or indulge in any entry, either by itself or by any others, upon the surface of the Land property for the purpose of exploration, drilling, prospecting, mining, excavation or removal of any earth, sand, dirt, rock, minerals, oil or any other substance without the Lender's approval and written consent.

Appears in 1 contract

Samples: Decade Companies Income Properties

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