The most important implied covenant in an oil and gas lease is that the lessee must continue to develop the underlying resources according to the agreement.
<h3>What is an implied covenant?</h3>
An implied covenant is a contract rule to require parties in a contract to implement the intended terms of the agreement.
The purpose of an implied covenant is to ensure that the parties do not undercut the purpose of the contract.
Other essential covenants are that the lessee of an oil and gas lease must protect and administer the leasehold.
Thus, the most important implied covenant in an oil and gas lease is that the lessee must continue to develop the underlying resources
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Answer:
A person who is not satisfied with an appellate court’s decision can <u>appeal to a higher court.</u>
Explanation:
A person can appeal to a higher court but it doesn't mean the court is going to change his decision. There is a time from the sentence to the conviction, time for a person to appeal.