Common use of Termination by Lessee Clause in Contracts

Termination by Lessee. Should Lessee complete the mining of all Economically Mineable and Merchantable Coal required hereby to be mined by Lessee, and if Lessee is not in default of any of the covenants, terms, and conditions of this Lease, thereafter Lessee shall have the right to terminate this Lease upon thirty (30) days’ written notice to COLT. Should the Parties not agree that all Economically Mineable and Merchantable Coal has been mined according to Best Mining Practice, the Parties shall resolve the matter by the Dispute Resolution Provisions of section 34 F.

Appears in 5 contracts

Samples: Mining Lease and Sublease, Mining Lease (Foresight Energy LP), Mining Lease and Sublease (Foresight Energy LP)

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Termination by Lessee. Should Lessee complete the mining of all Economically Mineable and Merchantable Coal required hereby to be mined by Lessee, and if Lessee is not in default of any of the covenants, terms, and conditions of this Lease, thereafter Lessee shall have the right to terminate this Lease upon thirty (30) days’ written notice to COLTRUGER. Should the Parties not agree that all Economically Mineable and Merchantable Coal has been mined according to Best Mining Practice, the Parties shall resolve the matter by the Dispute Resolution Provisions of section 34 33 F.

Appears in 2 contracts

Samples: Mining Lease (Foresight Energy LP), Mining Lease (Foresight Energy Partners LP)

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Termination by Lessee. Should Lessee complete the mining of all Economically Mineable and Merchantable Coal required hereby to be mined by Lessee, and if Lessee is not in default of any of the covenants, terms, and conditions of this Lease, thereafter Lessee shall have the right to terminate this Lease upon thirty (30) days’ written notice to COLTRGGS. Should the Parties parties hereto not agree that all Economically Mineable and Merchantable Coal has been mined according to Best Mining PracticePractice as defined in section 18 hereunder, the Parties parties shall resolve the matter by the Dispute Resolution Provisions of section 34 38 F.

Appears in 2 contracts

Samples: Foresight Energy LP, Foresight Energy Partners LP

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