Common use of SURFACE USE AGREEMENT Clause in Contracts

SURFACE USE AGREEMENT. With respect to the Owned Real Property located at Columbus, Mississippi, Seller and Purchaser shall negotiate in good faith to, as promptly as practicable after the date of this Agreement, but in any event prior to Closing, a customary form of surface use agreement with respect to the exploitation of such interests by Seller (or its lessees or assigns) in a form reasonably approved by Seller and Purchaser.

Appears in 2 contracts

Sources: Purchase Agreement (International Paper Co /New/), Purchase Agreement (Weyerhaeuser Co)