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O-1988-1621
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O-1988-1621
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2/15/2017 9:39:27 AM
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Legislative Records
Legislative Type
Ordinance
Legislative No.
O-1988-1621
Date
11/14/1988
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<br />" <br /> <br />e <br /> <br />e <br /> <br />on land pooled therewith. Upon written request, Lessee shall <br />promptly furnish Lessor with Lessee's most recent estimate of <br />reservoir reserves and future production and, upon written request, <br />with full information on the metering of production and production <br />runs, together with full information regarding the calculation of <br />all royalties payable under this lease. <br /> <br />17. ASSIGNMENT: The rights of Lessee hereunder may be <br />assigned only with the written consent of Lessor and any attempt to <br />assign same without such consent shall be void. The rights of <br />Lessor hereunder may be assigned as to all or any part of the land <br />or as to any minerals thereunder, and the provisions hereof shall <br />extend to its successors and assigns, but no change or division in <br />ownership of the lands, rentals or royalties, however accomplished, <br />shall operate to enlarge the obligations or diminish the rights of <br />Lessee. Likewise, no change in ownership of the leasehold rights <br />hereby conveyed, however accomplished, shall operate to enlarge the <br />obligations or diminish the rights of Lessor hereunder. No sale or <br />assignment by either party hereto shall be binding on the other <br />party until such other party or an authorized agent thereof shall be <br />furnished with a true copy of recorded instrument evidencing same. <br /> <br />18. LIABILITY FOR DAMAGES: It is agreed .that the terms and <br />provisions of this agreement shall inure to and be binding upon the <br />respective successors, heirs, and assigns of Lessor/Lessee. <br />Notwithstanding that this lease may be assigned in whole or in part, <br />it is understood and agreed that the Lessee, both the original <br />Lessee and such assignees, shall nevertheles~ be jointly and <br />severally liable to Lessor, its successors and assigns, for all <br />damages to the surface and subsurface of the lands covered hereby, <br />for any and all pollution caused by operations hereunder, for the <br />non-compliance with all Federal, State or other governmental or <br />regulatory body'S or agency's laws, rules and regulations, either <br />now in effect or hereinafter enacted or promulgated, and also <br />without limitation by enumeration, any and all other causes of such <br />action which may be asserted against Lessor, its successors and <br />assigns, for acts or omissions caused by operations hereunder by any <br />Lessee, and in connection with all of these, Lessee and all such <br />assignees shall be obligated to indemnify and hold harmless the <br />Lessor, its successors and assigns. <br /> <br />19. LIMITED WARRANTIES: Any implied or expressed warranties <br />herein made as to the leased premises shall not apply to any portion <br />of such property which is covered by a valid and subsisting oil and <br />gas lease previously executed and appearing of record in the <br />appropriate county in which the property is located. Upon showing <br />of a valid and subsisting lease duly recorded, Lessor shall return <br />to Lessee the amount of the lease bonus paid, if any, and with such <br />payment be discharged of any and all responsibility to the Lessee <br />under this lease, and this lease shall immediately be deemed null <br />and void as to such portion. <br /> <br />20. NOTICES: Any notices, reports, maps, logs, requests or <br />any other communications herein provided to be made to Lessor by <br />Lessee shall be made to CITY OF LA PORTE at the address given above. <br />Any notices or communications specified in this lease to be given to <br />Lessee by Lessor be given to Arkla Exploration Company. P. 6. Box 21734. <br />Shreveport. LA 71151 - Attention: Vice President. Land <br /> <br />21. POOLING: It is agreed by and between Lessor and Lessee <br />that Lessee will not pool or unitize, or cause to be pooled or <br />uniti~ed, the land described in this lease, or any interest <br />therein, with any other land or interest therein, without Lessor's <br />writte~ consent. If any of said land be pooled or unitized by <br />operation of law or under lawful order of any regulatory body, <br /> <br />10 <br />
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