Common Contracts
1 similar Geothermal Lease Agreement contracts
GEOTHERMAL LEASE NO.Geothermal Lease Agreement • October 27th, 2022
THEREFORE, subject to the terms and conditions of this Lease, His Majesty grants to the Lessee, insofar as His Majesty has the right to grant the same, the non-exclusive right to explore for, develop and recover the geothermal resources within the Location, together with the right to remove from the Location any geothermal resources recovered, for the term of five years computed from the Term Commencement Date and, subject to the Mines and Minerals Act, for so long after the expiration of that term as this Lease is permitted to continue under that Act.
