Common use of OBLIGATIONS OF THE OPTIONEE Clause in Contracts

OBLIGATIONS OF THE OPTIONEE. The Optionee shall: (a) permit the Optionor, or its representative duly authorized in writing, to visit and inspect any of the Properties at all reasonable times and intervals, and data obtained by the Optionee as a result of its operations thereon, provided always that the Optionor or its representative shall abide by the reasonable rules and regulations laid down by the Optionee relating to matters of safety and efficiency in its operations; (b) perform and permit to be performed all work and activities on the Properties in a good and workmanlike fashion and in accordance with all applicable laws, rules, regulations, orders, ordinances and requirements of any governmental authority and otherwise comply with all laws, rules, regulations, orders, ordinances and requirements of any governmental authority applicable to the Properties; (c) indemnify, defend and save harmless the Optionor from and against any and all costs, claims, liabilities and expenses arising out of or relating to the Optionee's activities (which shall include the activities of all employees, contractors, subcontractors, suppliers, licensees, invitees, guests and others, including trespassers) on the Properties, including but not limited to legal costs and reasonable attorney’s fees, from and after the date of this Agreement through the date of termination of any of the Options and full completion of all of the Optionee’s post-termination obligations; (d) permit the Optionor reasonable access to the results of the work done on the Properties during the last completed calendar year; and (e) deliver to the Optionor on or before March 31 in each year a report (including up-to-date maps if there are any) describing the results of work done in the last completed calendar year, together with reasonable details of expenditures made.

OBLIGATIONS OF THE OPTIONEE. The Optionee shall: (a) permit the Optionor, or its representative duly authorized in writing, to visit and inspect any of the Properties Property at all reasonable times and intervals, and data obtained by the Optionee as a result of its operations thereon, provided always that the Optionor or its representative shall abide by the reasonable rules and regulations laid down by the Optionee relating to matters of safety and efficiency in its operations; (b) perform and permit to be performed all work and activities on the Properties Property in a good and workmanlike fashion and in accordance with all applicable laws, rules, regulations, orders, ordinances and requirements of any governmental authority and otherwise comply with all laws, rules, regulations, orders, ordinances and requirements of any governmental authority applicable to the PropertiesProperty; (c) indemnify, defend and save harmless the Optionor from and against any and all costs, claims, liabilities and expenses arising out of or relating to the Optionee's activities (which shall include the activities of all employees, contractors, subcontractors, suppliers, licensees, invitees, guests and others, including trespassers) on the PropertiesProperty, including but not limited to legal costs and reasonable attorney’s fees, from and after the date of this Agreement through the date of termination of any of the Options Option and full completion of all of the Optionee’s post-termination obligations; (d) permit the Optionor reasonable access to the results of the work done on the Properties Property during the last completed calendar year; and (e) deliver to the Optionor on or before March 31 in each year a report (including up-to-date maps if there are any) describing the results of work done in the last completed calendar year, together with reasonable details of expenditures made.