Termination by Lessee. Lessee may terminate this Agreement at any time by giving written thirty (30) days advance notice to Owner. If Lessee terminates this Agreement, Lessee shall perform all obligations and pay all payments which accrue or become due before the termination date. On Lessee’s termination of this Agreement, within ten (10) days Lessee shall execute and deliver to Owner a release and termination of this Agreement in form acceptable for recording.
Appears in 4 contracts
Samples: Mining Lease and Option to Purchase Agreement, Mining Sublease and Option to Purchase Agreement (Entourage Mining LTD), Mining Lease and Option to Purchase Agreement (Max Resource Corp.)
Termination by Lessee. Lessee may terminate this Agreement at any time by giving written thirty (30) days advance notice to Owner. If Lessee terminates this Agreement, Lessee shall perform all obligations and pay all payments which accrue or become due before the termination date. On Lessee’s 's termination of this Agreement, within ten (10) days Lessee shall execute and deliver to Owner a release and termination of this Agreement in form acceptable for recording.
Appears in 1 contract
Samples: Mining Lease and Option to Purchase Agreement (Max Resource Corp.)
Termination by Lessee. Lessee may terminate this Agreement at agreement for any time by giving written thirty reason upon sixty (3060) days advance written notice to OwnerLessor. If Lessee terminates this Agreement, Lessee shall perform all obligations and pay all payments which accrue or become due before the termination date. On Lessee’s termination of this Agreement, within ten (10) days Lessee shall execute and deliver to Owner a release and termination of this Agreement in form acceptable is terminated for recordingany default or breach by Lessor, any payments made to Lessor pursuant to this Agreement shall be prorated to the date of termination.
Appears in 1 contract
Samples: Hangar Lease and Use Agreement
