Xxxxxxx Lease. (2) Oil, Gas and Mineral Lease dated September 19, 2008, from Xxxxxx X. Xxxxxxx and Xxxxxxxx Virginia Xxxxx Xxxxxxx, as Lessors, to Special Energy Corporation, as Lessee, a Memorandum of the Lease is recorded in Book 124, Page 15, Official Records of Xxxxxxxxx County, Texas, covering Xxxxx 00, Xxxxxxxx 0 Xxxxx, X & P Ry. Co. Survey, including the N/2 and SW/4 of Section 14; all of Sections 15, 16, 21, 22, 27 and 28; the N/2, SE/4 of Section 34; all of Section 36; the SE/4 & W/2 of Section 38, the SW/4 of Section 39; all of Sections 46 and 47; and all of Xxxxxxx 0, Xxxxx 00, Xxxxxxxx 0 Xxxxx, X & P Ry. Co. Survey.
Xxxxxxx Lease. (a) As set forth in Section 7.1(e), Purchaser is permitted to have negotiations with Schwab regarding the Schwab Lease and related issues.
Xxxxxxx Lease. Following the Effective Time, RMT Partner will use its commercially reasonable efforts to procure the release by the counterparty to the Xxxxxxx Lease of any continuing obligation of Parent thereunder and will indemnify and hold harmless Parent from and against any Liability resulting from or relating to any such obligation. Without limiting the generality of the foregoing, following the Effective Time, RMT Partner will (i) expressly assume all obligations of Parent under the Xxxxxxx Lease in the event the counterparty to the Xxxxxxx Lease requires such assumption as a condition to the release of Parent’s obligations under the Xxxxxxx Lease and (ii) require the release of Parent’s obligations under the Xxxxxxx Lease prior to agreeing to or exercising any renewal, extension or amendment of the Xxxxxxx Lease. Notwithstanding anything to the contrary herein, Parent may seek release of its obligations under the Xxxxxxx Lease at any time prior to the Effective Time, including seeking a conditional assignment to RMT Partner (such assignment only to be effective from and after the Effective Time).
Xxxxxxx Lease. Lease Date: September 25, 1954 Lessor: X. X. Xxxxxxx, et ux. Lessee: E. L. Xxxxxx Rec. Ref.: Volume 165, Page 270 Acreage: 214.1 acres, being 107.8 acres out of Survey No. 247, Xxx. Xxxxxx and 106.3 acres out of Survey No. 328, X. Xxxxxxx.
Xxxxxxx Lease. Lease Date: August 1, 1970 Lessor: Xxxxxxx X. Xxxxxxx, Xx., et ux. Lessee: X. X. Xxxxxx Rec. Ref.: Volume 231, Page 26 Acreage: 9.65 acres, X. X. Xxxxx Sy. Xx. 00, X-000 Xxxxx Xxxx Unit I Lease: Lease Date: September 16, 1974 Lessor: Xxxxx Xxxxxx Xxxx, a widow Lessee: X. X. Xxxx Rec. Ref.: Volume 263, Page 122 Acreage: 190 acres, Xxxxx Xxxxxx Sy. No. 536, A-1042. Description of Lands The East 55.8701 acres of land, more or less, out of the 190.0 acre Xxxxx Xxxx Lease dated September 16, 1974, recorded December 17, 1974 in Deed Records, Volume 263, Pages 122-124, Xxxxxx County, Texas, within Survey Xx. 000, Xxxxx Xxxxxx, Abstract No. 1042, situated about 9 miles South 5 degrees East of the City of Hondo, Xxxxxx County, Texas, and being more fully described by metes and bounds as follows: Beginning at a stake set for the E. corner of Survey No. 536, Xxxxx Xxxxxx; Thence West 894.3' to a 5/8" steel pin being the S.W. corner of this tract; Thence North 00 degrees 40' East 2725.01' to a point for the N.W. corner of this tract; Thence South 89 degrees 16' East 897.59' to a point for the N.E. corner of this tract; Thence South 00 degrees 21' West 417.8'; South 11 degrees 00' West 31.5'; South 00 degrees 40' West 2264.8' to the place of beginning. NOTE: There are actually 3 separate tracts located within the 55.8701 acres formerly known as Xxxxx Xxxx Unit II, and now of part of Unit I. They are as follows: Xxxxx Xxxx Unit II A, 24.72 acres of land, more or less. Well Nos. 1 through 12, Tank Nos. 68152, 68153. Xxxxx Xxxx Unit II B, 4.12 acres, more or less. Well Nos. 14 through 15, Tank No. 88146. Xxxxx Xxxx Unit II C, 27.0301 acres, more or less. Well Nos. 12H, 13H, 16H through 23H, Tank Nos. 88895, 88896. 136.0994 acres of land, more or less, out of the 190.00 acre Xxxxx Xxxx Lease dated September 16, 1974, recorded December 17, 1974, in Deed Records, Volume 263, Pages 122-124, Xxxxxx County, Texas, within Survey Xx. 000, Xxxxx Xxxxxx, Abstract No. 1042, recorded in Deed Records, Volume 153, Pages 636-639, Xxxxxx County, Texas, situated about 9 miles South 5 degrees East of the City of Hondo, Xxxxxx County, Texas, and being more fully described by metes and bounds as follows: Beginning at a 5/8" steel pin set for the E. corner of this tract, said 5/8" steel pin being 894.3' West of a stake set for the S.E. corner of Survey No. 536 Xxxxx Xxxxxx; Thence, N. 88 degrees 27' W. 2528.4' to a pin set for with S.W. corner of this tract; Thence, N. 20 degrees 31' E. along...
Xxxxxxx Lease. East Half (E/2) of the Southeast Quarter (SE/4) of Section One Hundred Twenty-Five (125), Block Four (4), I&GN PR Co. Survey, Xxxxxxxxxx and Xxxxxx Counties, Texas. SOUTHLAND B LEASE: XX/0 XX/0, Xxxxxxx 0, Xxxxx 3-3, D&SE PR Survey, Xxxxxxxxxx County, Texas North 30 acres of the X/0 XX/0 xx Xxxxxxx 0, Xxxxx X-0, D&SE PR Survey, Xxxxxxxxxx County, Texas W/2 XX/0 Xxxxxxx 0, Xxxxx X-0, D&SE PR Survey, Xxxxxxxxxx County, Texas E/2 NE/4 of Xxxxxxx 0, Xxxxx 0-0, X&XX XX Xxxxxx, Xxxxxxxxxx Xxxxxx, Texas E/2 SW/4 of Section 0, Xxxxx X-0, X&XX XX Xxxxxx, Xxxxxxxxxx Xxxxxx, Texas.
Xxxxxxx Lease. East Half of the Northeast Quarter (E/2 NE/4) of Section 175, Block. 3, I&GN PR Co. Survey, Xxxx County, Texas
Xxxxxxx Lease. Meter 33641 & 33326 (gas xxxxx) H. & T. C. PR. Co. Survey, Block 46, Section 81: S/2, S/2, of South 320 acres, Section 82: NE/4, N/2, S/2. Containing 120 acres, more or less, in Xxxxxxxxxx County, Texas, AS TO AND ONLY AS TO rights from the surface to 100 feet below the base of the Granite Wash Formation, less and except gas rights in the Red Cave Formation.
Xxxxxxx Lease. That certain sublease of even date herewith of a portion of the Shoreside Complex by and between Tenant and Landlord (as Subtenant), as the same may be hereafter amended from time to time.
Xxxxxxx Lease. At or prior to the Closing, at the Seller’s sole cost and expense, the Company shall transfer via deed (in form and substance reasonably satisfactory to the Purchaser and the Seller) the Xxxxxxx Property to the Seller. At the Closing, the Seller and the Purchaser (or Purchaser’s designee) shall enter into a lease on customary terms and conditions (the “Xxxxxxx Lease”), in a commercially reasonable form to be agreed upon by the Seller and the Purchaser acting in good faith, pursuant to which the Seller shall lease to the Purchaser (or the Purchaser’s designee) and the Purchaser (or the Purchaser’s designee) shall lease from the Seller, the entirety of the Xxxxxxx Property. The Salinas Lease shall include the material terms set forth on Schedule 6.11(b) of the Seller Disclosure Letter.
