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0131 ~° <br />• other dislwsition to accompany each royalty payment showing the atttount of coal mined, <br />removed a~~d sold or otherwise disposed of from the Leased Premises during the <br />preceding calendar month. <br />5. Nn \Varratttics of Title. This Lease is executed by [-esson mlely in their <br />capacities as Co-Successor Trustees of the W. n. I:WING TRUST dated July :9, 1963. <br />and not in their individual capacities. Lessors make no warranties of title to the !..eased <br />Premises, either expressed or implied. <br />1 6. i.esser interest. If Lessors, as Co-Successor Trustees of the W. [). L1'VING <br />TRUST elated Joly 29, 19F5, own Icss than a one-fourth (I/4) undivided interest in ^nd <br />j to the coal in, upon or underlying the Leased Premises, then the production myalty <br />provided for herein shall be paid to 1-essnrs only in the pmpnrtions wl~ich (heir interests <br />hear to the whole, undivided ownership of the coal. <br />7. Conduct of l7pcralions. [-essee shall conduct all operations and maintain <br />all activities on Ilse Leased Premises in a gextd, prudent and miner-like manner, in <br />accordance with normal, accepted industry standards, and in strict compliance with all <br />4• applicable governmental laws, regulations, licenses and permits, including without <br />limitation, those relating to the protection of the environment and reclamation of land. <br />Ixssee shall he solely responsible for obtaining all necessary governmental <br />licenses, permits, certificates and other approvals for operations to be conducted uprut the <br />Leased Premises and pursuant to This I.case. Humps or stockpiles of waste, overb+irden, <br />or other materials produced from other lands may not bt deposited nn the l cased <br />Prt:n.ises. <br />8. Records and Reports. Lessee shall keep books of account of the mining <br />and sale or other disposition of coil from the !.cased Premises, such honks to be of the <br />usual character kept by coal operamrs for such purposes, and which honks shalt he open <br />at all times to the inspection of the lessors nr their aulhnrired representativc+. In <br />addition, <br />Lessee shall provide to Ixssors the following: <br />• (i) At !cast semi-annually, a summary report of the <br />status and conduct of operations hereunder, to <br />a <br />II <br />', <br />~~ <br />r <br />1 <br />r <br />e <br />~~~ <br />