Common use of WARRANTY CLAUSE Clause in Contracts

WARRANTY CLAUSE. The owner of the soil warrants and agrees to defend title to the Leased Premises. If the owner of the soil defaults in payments owed on the Leased Premises, then Lessee may redeem the rights of the owner of the soil in the Leased Premises by paying any mortgage, taxes or other liens on the Leased Premises. If Lessee makes payments on behalf of the owner of the soil under this section, Lessee may recover the cost of these payments from the rental and royalties due the owner of the soil.

Appears in 1 contract

Samples: www.glo.texas.gov

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WARRANTY CLAUSE. The owner of the soil warrants and agrees to defend title to the Leased Premiseslease premises. If the owner of the soil defaults in payments owed on the Leased Premisesleased premises, then Lessee LESSEE may redeem the rights of the owner of the soil in the Leased Premises leased premises by paying any mortgage, taxes or other liens on the Leased Premisesleased premises. If Lessee LESSEE makes payments on behalf of the owner of the soil under this section, Lessee LESSEE may recover the cost of these payments from the rental and royalties due the owner of the soil.

Appears in 1 contract

Samples: www.glo.texas.gov

WARRANTY CLAUSE. The owner of the soil warrants and agrees to defend title to the Leased Premisesleased premises. If I f the owner of the soil defaults in payments owed owned on the Leased Premisesleased premises, then Lessee may redeem the rights of the owner of the soil in the Leased Premises leased premises by paying any mortgage, taxes or other liens on the Leased Premisesleased premises. If Lessee makes payments on behalf of the owner of the soil under this sectionparagraph, Lessee may recover the cost of these payments from the rental and royalties due the owner of the soil.

Appears in 1 contract

Samples: Agreement (Lakota Technologies Inc)

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WARRANTY CLAUSE. The owner of the soil warrants and agrees to defend title to the Leased Premiseslease premises. If the owner of the soil defaults in payments owed on the Leased Premisesleased premises, then Lessee LESSEE may redeem the rights of the owner of the soil in the Leased Premises leased premises by paying any mortgage, taxes or other liens on the Leased Premisesleased premises. If Lessee XXXXXX makes payments on behalf of the owner of the soil under this section, Lessee XXXXXX may recover the cost of these payments from the rental and royalties due the owner of the soil.

Appears in 1 contract

Samples: www.glo.texas.gov

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