Laserfiche WebLink
r~-;~ <br />(• \ • <br />'-t-~;~~~ ments and personal property placed upon Lhe Leased Premises b Lessee. <br />,. ~ ]n addition, if i.he ad valorem real property taxes shall be increased by <br />reason of the mining activities of Lessee, the amount of such increase <br />shall qe paid by Lessee to Lessors during the term hereof, <br />6.2 All severance, occupation or other taxes assessed, levied on <br />or measured by pr•oduciion and/or income from Lessee's operations under <br />this Lease shall be paid by Lessee. <br />6.3 All payment of taxes shall be made before the respective taxes <br />became delinquent. <br />7. CONDUCT OF OPERATIONS. <br />7.1 Lessee shall conduct all operations hereunder in a manner <br />necessary for good minerlike and economical mining, with due regard for <br />the safety and preservation of the Leased Premises. <br />7.2 Lessee shall conduct its business on the Leased Premises in <br />accordance with the requirements of the Colorado Mined Land Reclamation <br />Board and Lessor::, including, but not by way of limitation, all obliga- <br />tions for reclamation of the property, whether imposed by this Lease <br />Agreement or by conditions contained within the permit, statute or regu- <br />lation. Lessee shall also corryly with all other applicable state, <br />federal, and local laws and the rules and regulations of all federal, <br />,~ <br />state, and local administrative bodies asserting jurisdiction over the . <br />Leased Premises or Lessee's operations thereon. ' <br />8. INDEMNITY AND INSURANCE. <br />8.1 During and in connection with all operations conducted under <br />this 4ease, Lessee shall save and hold harmless and indemnify Lessors <br />against any and all claims, demands and causes of action of any nature <br />that may be asserted against Lessors by suit or otherwise for injury to <br />-4- <br /> <br />