Laserfiche WebLink
~. ~ tSnnK445 reI,F515 <br />with applicable Colorado workmen's compensation laws and <br />will furnish Lessors copies of said policies. <br />(c) Inspection. Lessors or their duly appointed <br />representative shall have the right, exercisable at all <br />reasonable times and in a reasonable manner so as not to <br />interfere with Grace's operations, to go upon the Property <br />for the purpose of inspecting the mining operations. ~ <br />(d) Taxes, biortgages or Other Liens. At its <br />option and in the event of default of payment by Lessors, <br />Grace may pay for Lessors any mortgages, taxes or other <br />liens now or hereafter existing, levied or assessed on <br />or against the Coal for which Lessors may be liable and <br />be subrogated to the rights of the holder or holders <br />thereof and may reimburse itself out of any payment <br />thereafter accruing to Lessors hereunder. However, <br />Lessors may refuse to pay any claims asserted against <br />them which they dispute in good faith. Lessors shall <br />~• contest any suit or other action commenced to enforce <br />such a claim or to sell or foreclose the Coal pursuant <br />to any such claim, and, if the contest is decided against <br />Lessors, shall promptly pay the judgment. <br />(e) Commingling. Grace shall have the right ~, <br />o£ commingling any coal produced by Grace under this i <br />lease with any other coal provided that the commingling <br />pis accomplished only after the coal has been fairly and <br />accurately weighed. An accurate record o£ the tonnage <br />of coal produced by Crace under this lease which is so <br />commingled shall be kept and made available to Lessors <br />at all reasonable times. <br />(f) Method of Operation. Grace may use and <br />employ all such methods of exploration, development and <br />mining as it may desire or find most profitable and <br />economical and may, when it deems it necessary or desir- <br />( - able, discontinue operations entirely so long as it <br />• <br />-4- <br />