Lease Tract definition

Lease Tract means each Lease tract described in Exhibit A-1 in which Seller owns Net Mancos Acres.
Sample 1Sample 2Sample 3
Lease Tract means and refer to a single Lease and the leasehold premises covered by such Lease, or, in the event multiple Leases cover a common leased premises, then such term shall refer to the multiple Leases and the common leased premises covered by such Leases.
Sample 1
Lease Tract shall have the meaning set forth in the Recitals.
Sample 1

Examples of Lease Tract in a sentence

  • DOE represents that it is in possession of certain Government owned uranium mining property in County, more particularly described as Lease Tract CXX in Appendix “A” which is attached hereto and hereby made a part this Agreement (the “Property”).

  • Prior to the commencement of drilling operations for the Test Well on a Lease Tract, Operator shall acquire an opinion of title from and attorney licensed to practice law, which opinion of title shall cover lands which comprise at the minimum the proration unit for the particular well.

  • The Alton Coal Lease Tract has been determined by BLM and encompasses approximately 3,600 acres of federal coal reserves.

  • Geology Technical Report Greens Hollow Coal Lease Tract, Logan, Utah: Cirrus Ecological Solutions.

  • At such time that EBS has secured the sale proceeds from all third parties to whom it is selling an interest in a Lease Tract, but in no event later than thirty (30) days before the commencement of actual drilling of the Test Well on the particular Lease Tract, EBS shall transfer into the Lease Bank Account such sales proceeds which shall constitute repaid Land Costs for the particular Lease or Leases which comprise the particular Lease Tract.

  • The lease was auctioned in July 2015.The OSMRE is required to evaluate the PAP before Canyon Fuel Company may conduct underground mining and reclamation operations to develop the Flat Canyon Federal Coal Lease Tract UTU-77114.

  • Alternative 1 -No Action The No Action alternative assumed that the FS would not consent to the BLM leasing the Greens Hollow Federal Coal Lease Tract, a n d the tract would not be offered by t h e BLM forleasing, and there would be no potential for coal mining within the tract at this time.

  • The resource interval of interest for oil shale development lies within the Green River Formation from the top of the Mahogany zone to the base of the R1 zone (orange marker; see Geology of the RD&D Lease Tract section).

  • The purchase price for the undivided share of the Lease Tract which Royalty Holder shall elect to purchase shall be a sum of money determined as follows: the undivided share of the leasehold interest being acquired by Royalty Holder, times the Land Costs for the Leases covering the particular Lease Tract.

  • Rather, the September 14, 2010 letter (the subject of which was the May 10, 2010 Memorandum of Lease, filed of record) states:There has been no conveyance of any interest of the Aycock Family Group in said Vantage Lease Tract [the 1409 acres] since said Judgment was signed.


More Definitions of Lease Tract

Lease Tract means, with respect to a Lease, each tract of land covered by such Lease as set forth in Exhibit A-1 as to the Target Formation(s) set forth in Exhibit A-1 for such tract.
Sample 1

Related to Lease Tract

  • Equipment Lease means a Contract for the lease of Equipment or for the purchase of Equipment under a conditional sales or title retention agreement.

  • Operating Lease means, as applied to any Person, any lease (including, without limitation, leases which may be terminated by the lessee at any time) of any Property (whether real, personal or mixed) which is not a Capital Lease other than any such lease in which that Person is the lessor.

  • Substitute Property shall have the meaning set forth in Section 2.6 hereof.

  • Operating Property means any property owned, leased, or operated by the Party in question or by any of its Subsidiaries or in which such Party or Subsidiary holds a security interest or other interest (including an interest in a fiduciary capacity), and, where required by the context, includes the owner or operator of such property, but only with respect to such property.

  • Project Land means any parcel or parcels of land on which the project is developed and constructed by a promoter;

  • Concession Area means particulars of the area as more particularly described in Form A of West Bengal Minor Minerals (Auction) Rules, 2016.

  • Wet Lease means any arrangement whereby Owner or a Permitted Lessee agrees to furnish the Aircraft, Airframe or any Engine to a third party pursuant to which the Aircraft, Airframe or Engine shall at all times be in the operational control of Owner or a Permitted Lessee, provided that Owner’s obligations under the Trust Indenture shall continue in full force and effect notwithstanding any such arrangement.

  • Cooperative Lease With respect to a Cooperative Loan, the proprietary lease or occupancy agreement with respect to the Cooperative Apartment occupied by the Mortgagor and relating to the related Cooperative Stock, which lease or agreement confers an exclusive right to the holder of such Cooperative Stock to occupy such apartment.

  • Mining Property means a property used for mining operations as defined in the Mineral and Petroleum Resources Development Act, 2002 (Act No. 28 of 2002);

  • Confined Space means a place the dimensions or nature of which necessitate working in a cramped position or without sufficient ventilation.)

  • Site Lease or “Lease” means the Site Lease of even date herewith, by and between the District and the Lessor together with any duly authorized and executed amendment thereto under which the District leases the Site to the Lessor.

  • Secure Area means an area to which only authorized representatives of the entity possessing the Confidential Information have access, and access is controlled through use of a key, card key, combination lock, or comparable mechanism. Secure Areas may include buildings, rooms or locked storage containers (such as a filing cabinet or desk drawer) within a room, as long as access to the Confidential Information is not available to unauthorized personnel. In otherwise Secure Areas, such as an office with restricted access, the Data must be secured in such a way as to prevent access by non-authorized staff such as janitorial or facility security staff, when authorized Contractor staff are not present to ensure that non-authorized staff cannot access it.

  • mineral lease means the mineral lease referred to in clause 8(1)(a) hereof and includes any renewal thereof;

  • Subject Property means any premises located in the County on which an energy efficiency improvements, water efficiency improvements, or renewable resource applications are being or have been made and financed through an outstanding PACE loan.

  • Leased Property shall have the meaning given such term in Section 2.1.

  • Adjoining Property means all sidewalks, driveways, curbs, gores and vault spaces adjoining any of the Leased Premises.

  • Project Property means the real property on or for which preconstruction service or construction work is or will be provided.

  • Existing Property means all property against which ad valorem property taxes were levied by a local unit for its concluding fiscal year, minus all property that is considered losses for purposes of ad valorem property tax levies of the local unit for the ensuing fiscal year.

  • Ground Lease means a lease creating a leasehold estate in real property where the fee owner as the ground lessor conveys for a term or terms of years its entire interest in the land and buildings and other improvements, if any, comprising the premises demised under such lease to the ground lessee (who may, in certain circumstances, own the building and improvements on the land), subject to the reversionary interest of the ground lessor as fee owner. With respect to any Mortgage Loan where the Mortgage Loan is secured by a Ground Leasehold estate in whole or in part, and the related Mortgage does not also encumber the related lessor’s fee interest in such Mortgaged Property, based upon the terms of the Ground Lease and any estoppel or other agreement received from the ground lessor in favor of Mortgage Loan Seller, its successors and assigns (collectively, the “Ground Lease and Related Documents”), Mortgage Loan Seller represents and warrants that:

  • Lease means any agreement, whether written or oral, no matter how styled or structured, pursuant to which a Loan Party is entitled to the use or occupancy of any real property for any period of time.

  • Easement Area means the area of the servient lot marked on the survey-strata plan as being subject to the relevant easement; and

  • Lease Agreement means the bargain, with respect to the lease, of the lessor and the lessee in fact as found in their language or by implication from other circumstances including course of dealing or usage of trade or course of performance as provided in this article. Unless the context clearly indicates otherwise, the term includes a sublease agreement.

  • Project site, where applicable, means the place indicated in bidding documents.

  • Equipment Leases has the meaning set forth in Section 2.1.9.

  • Existing Project is a Project that has achieved Commercial Operation on or prior to the Execution Date.

  • Tenant Lease means any lease entered into by the Borrower, any Loan Party or any Subsidiary with respect to any portion of a Property.