Leased Substances definition

Leased Substances means all Petroleum Substances, rights to or in respect of which are granted, reserved or otherwise conferred by or under the Title Documents (but only to the extent that the Title Documents pertain to the Lands);
Leased Substances shall collectively refer to the matter, substances and resources, defined in (a) and (b) above, that are the subject of this lease;
Leased Substances means all Petroleum Substances, rights to or in respect of which are granted, reserved or otherwise conferred by or under the Unit Agreements, or by or under the Title Documents (but only to the extent that the Title Documents pertain to the Lands);

Examples of Leased Substances in a sentence

  • Lessee shall have the right to commingle, or unitize said leased land, for the purpose of utilizing, selling, processing, the Leased Substances produced from the lease land with the steam or heat energy produced from other lands, and to meter or gauge the production of steam or heat energy from leased land and to compute and pay Lessor royalty on the basis of such production as so determined.

  • Lessee shall have exclusively the rights to all Leased Substances and to all power production from Leased Substances on and/or from leased land during the term hereof, subject only to payment of the royalties to Lessor as is set forth herein.

  • In the event that the production of Leased Substances from the leased lands or from lands in the general area of the leased land should at any time exceed the demand for the facility use thereof in the opinion of Lessee and the Lessee elects to reduce the total amount of steam produced or consumed, then in that event each well participating on a commingling basis shall be reduced in percentage amount equal to its proportion of the whole.

  • Further, the Lessee is hereby granted the use of roads and ponds on said land together with such rights of way and easements across said land for the construction of roads, ponds, pipe lines, power and telephone transmission lines as are necessary or convenient for the exploration, operation and development of Leased Substances on the leased land or in the vicinity thereof.

  • Lessee shall have the right to construct upon leased land such equipment and structures as Lessee may deem desirable for the purpose of utilizing Leased Substances including geothermal power plants, access and piping and transmission equipment related thereto.


More Definitions of Leased Substances

Leased Substances means the minerals described under the heading "Description of Location and Leased Substances" in the Appendix to this Lease;
Leased Substances means all petroleum, natural gas, and related hydrocarbons (except coal and valuable stone) and all other substances whether solid, liquid or gaseous and whether hydrocarbon or not, produced in association therewith, from the top of the surface to the base of the basement, but only to the extent that these substances are included in the Lessor’s certificate of title to the Lands.
Leased Substances shall collectively man the matter, substances and resources defined in subparagraphs 16(a) and 16(b) that are subject to this Lease;
Leased Substances or "rental," or of any other word or expression,
Leased Substances means all Petroleum Substances, rights to or in respect of which are granted, reserved or otherwise conferred by or under the Title Documents (but only to the extent that the Title Documents pertain to the Lands and to the zones and formations set out in Schedule “A” under the heading “Lease Description / Rights Held”);
Leased Substances means all substances which the Lessees have the right to recover pursuant to the Leases, and each of those substances together with all products and by-products obtained by processing or reprocessing those substances within or at the Location Boundary;
Leased Substances means all Petroleum Substances, rights to or in respect of which are granted, reserved or otherwise conferred by or under the unit agreements or by or under the Title and Operating Documents (but only to the extent that the Title and Operating Documents pertain to the Lands);