Laserfiche WebLink
• <br />• <br />• <br />Mining Properties does not violate any federal, state or local law, <br />ordinance or regulation relating to the environmental conditions on, <br />under or about the Mining Properties, including, but not limited to, soil <br />and groundwater conditions, and there is not pending or threatened any <br />proceeding or inquiry by any federal, state or local government authority <br />with respect to the presence of any asbestos, radioactive materials, <br />hazardous waste, toxic substances or related injurious materials, on the <br />Mining Properties or the migration of such materials from or to other <br />property. For purposes of this Lease, such materials shall include but not <br />be limited to substances defined as "hazardous substances," "hazardous <br />materials," or "toxic substances in the Comprehensive Environmental <br />Response, Compensation and Liability Act of 1980, as amended, 42 <br />D.S.C. Section 9601, et. seq.; the Hazardous Materials Transportation <br />Act, 49 D.S.C. Section 1801, et. seq.; the Resource Conservation and <br />Recovery Act, 42 D.S.C. Section 6901, et. seq.; in the Colorado Revised <br />Statutes; and in the regulations adopted and promulgated pursuant to the <br />foregoing laws. <br />(f) So long as the Lessee shall perform the covenants required to be <br />performed by it hereunder, the Lessee shall have peaceful and quiet use <br />and possession of the Mining Properties without hindrance on the part of <br />the Lessor. <br />Ill.Title <br />3.1 Examination Period. Lessor shall, within thirty (30) days after execution <br />of this Mining Lease, furnish Lessee with all data requested by Lessee <br />relative to the title of the Mining Properties which is in its possession, such <br />as abstracts, title opinions, or other relevant data, and the Lessee shall have <br />three (3) months after receipt thereof to examine the same and accept or <br />reject title to all of the Mining Properties. if the examination discloses a <br />defect, or defects, in the title to said mining claims which makes or shall <br />make them, or any part thereof, unmarketable, Lessee may reject title and <br />notify Lessor in writing of the defects. <br />3.2 Cure by Lessor. If, after thirty (30) days from receipt of notice of title <br />defects, Lessor has not cured said defects or taken all steps necessary to do <br />so to the satisfaction of Lessee, then Lessee may either waive said defects, <br />and cure title at its sole option and cost or terminate this Mining Lease and <br />be relieved of all further obligation. <br />3 <br />