Common use of UNECONOMIC SUBSTANCES Clause in Contracts

UNECONOMIC SUBSTANCES. (a) Nothing herein contained shall require Lessee to produce any Substances or to recover, save and market any of the Substances contained in the brines or other well output produced from xxxxx on the Lands, which, in Lessee's judgment, reasonably exercised, is not economic to produce, recover, save or market. Lessee shall have the right, without accountability to Lessor therefor, to waste or dispose of any such uneconomic Substances by such lawful manner or means as Lessee shall deem appropriate in the circumstances subject to the environmental and surface operations protection provisions herein.

Appears in 4 contracts

Samples: Geothermal Lease and Agreement (Nevada Geothermal Power Inc), Geothermal Lease and Agreement (Nevada Geothermal Power Inc), Geothermal Lease and Agreement (Nevada Geothermal Power Inc)

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UNECONOMIC SUBSTANCES. (a) Nothing contained herein contained shall require Lessee to produce any Substances Resources or to recover, save and market any of the Substances Resources contained in the brines or other well output produced from xxxxx on the LandsProperty, which, in Lessee's reasonable judgment, reasonably exercised, is not economic to produce, recover, save or market. Lessee shall have the right, without accountability to Lessor therefortherefore, to waste or dispose of any such uneconomic Substances Resources by such lawful manner or means as Lessee shall deem appropriate in under the circumstances subject to the environmental and surface operations protection provisions hereincircumstances.

Appears in 2 contracts

Samples: Geothermal Lease and Agreement (Nevada Geothermal Power Inc), Geothermal Lease and Agreement (Nevada Geothermal Power Inc)

UNECONOMIC SUBSTANCES. (a) Nothing herein contained shall require Lessee to produce any Substances or to recover, save and market any of the Substances contained in the brines or other well output produced from xxxxx on the Lands, which, in Lessee's judgment, reasonably exercised, is not economic to produce, recover, save or market. Lessee shall have the right, without accountability to Lessor therefortherefore, to waste or dispose of any such uneconomic Substances by such lawful manner or means as Lessee shall deem appropriate in the circumstances subject to the environmental and surface operations protection provisions herein.

Appears in 2 contracts

Samples: Geothermal Lease and Agreement (Nevada Geothermal Power Inc), Geothermal Lease and Agreement (Nevada Geothermal Power Inc)

UNECONOMIC SUBSTANCES. (a) Nothing herein contained shall require Lessee to produce any Substances Resources or to recover, save and market any of the Substances Resources contained in the brines or other well output produced from xxxxx on the LandsPrope1ty, which, in Lessee's reasonable judgment, reasonably exercised, is not economic to produce, recover, save or market. Lessee shall have the right, without accountability to Lessor therefor, to waste or dispose of any such uneconomic Substances Resources by such lawful manner or means as Lessee shall deem appropriate in the circumstances subject to the environmental and surface operations protection provisions hereincircumstances.

Appears in 1 contract

Samples: Geothermal Lease and Agreement (Nevada Geothermal Power Inc)

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UNECONOMIC SUBSTANCES. (a) Nothing herein contained shall require Lessee to produce any Substances Resources or to recover, save and market any of the Substances Resources contained in the brines or other well output produced from xxxxx on the LandsProperty, which, in Lessee's reasonable judgment, reasonably exercised, is not economic to produce, recover, save or market. Lessee shall have the right, without accountability to Lessor therefor, mineral or surface Lessors therefore to waste or dispose of any such uneconomic Substances Resources by such lawful manner or means as Lessee shall deem appropriate in the circumstances subject to the environmental and surface operations protection provisions hereincircumstances.

Appears in 1 contract

Samples: Geothermal Lease and Agreement (Nevada Geothermal Power Inc)

UNECONOMIC SUBSTANCES. (a) Nothing herein contained shall require Lessee to produce any Substances Resources or to recover, save and market any of the Substances Resources contained in the brines or other well output produced from xxxxx on the LandsProperty, which, in Lessee's reasonable judgment, reasonably exercised, is not economic to produce, recover, save or market. Lessee shall have the right, without accountability to Lessor thereforLessors therefore, to waste or dispose of any such uneconomic Substances Resources by such lawful manner or means as Lessee shall deem appropriate in the circumstances subject to the environmental and surface operations protection provisions hereincircumstances.

Appears in 1 contract

Samples: Geothermal Lease and Agreement (Nevada Geothermal Power Inc)

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