Option Premises

Example Definitions of "Option Premises"
Option Premises. The land upon which the Exploration Program will be conducted as described in Exhibit A to this Agreement. The land comprises all of the Rita Division and a portion of the Jaboncillos Division of the lands of the John G. and Marie Stella Kenedy Memorial Foundations lands in Kenedy County, Texas. Said lands are out of the Juan N De La Garza Survey, Abstract 36, Los Finados, comprising 52, 024 acres, more or less, and a 1,500 acre tract adjacent to its south side described as a portion of the... Sarita Kenedy East, for a total of 53,524 acres, more or less. View More
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