(ii) the exercise of any right grarited bereuil.qer o,; (iii) cμiy obligation irpposed hCI'eb'y or associafed in any way with activities conducted by BSR oh or ilnpa_c ting the lands· covered by the Parkey L~se. This ~urance is to be ~<;i;isme::;s tn Te;x:.as. BSR will furnish Carrizo with certificates of all. iI;1su.ratJ.ce required by·this Letter Agreement.
BSR, ITS HElRS, SUCCESSORS .A.ND ;\SSIGNS,EXPRESSLY AGREES TO INDEMNIFY .AND }{OLD CARRIZO, ITS BEIRS, SUCCESSORS AND ASSIGNS, HARMLESS :FROM AND A.OAINST ANY AND ALL COSTS, EXPENSES, CL.AIMS, DEMANDS AND CA.US.E,S Of ACTION OF WHATSOEVER KIND OR CHARACTER, COURT COSTS AND ATTORNEY'S FEpS,, ACCRUING QR RESDLTING FROM OPERATIONS ON TIIB LANDS COVEREp BY PARKEY LEASE BY BSR, ITS HEIRS, SUCCESSQR$ A.Np ASSIQNS, ; nus EXPRESSLY INCLUDE.$ ANY i.;ENVIRO'NMENTAL CLAW" ON TIIB LAND COVERED BY PARKEY LEASE IN ORDER TO FIND, EXPLORE, OR REMOVE ANY o~. SJAS mt OTHER MINERALS COVERED. BY IBIS LETI:ER . BSR,·ITS ~iRS, SUCCESSORS AND AS'SIGNS, EXPRESSLY AGREES TO INDEMNIFY HOLD HARMLESS CARRIZO, ITS AND HEJRS, ·SUCCESSORS ,Alll"D ASSIGNS, FROM AND t ALL CLAIMS, 'I>EMANpS, CAUSES OF ACTION, REQUESTS,. OR O~ERS FOR.REMOVAt,, A.J;iATEMENT, OR REMEDL<\.L .t\Cl10N OR ANY TyPE OF CORRECTIVE ACTION OF ANY NATURE (AND ATTORNEY'S FEES, EXPENSES AND PENALTIES RELATJNG THERETO) •. RESULTING FROM OR IN ANY MANNER AR.IS)NG OuT OF BSR' S DEVELOPMENT OF OR 'OPERATIONS .ON THE LAND coV;BRED BY. ~A.RiLIANCE WITH, ANY :F EDERAL OR STATE ENVIRONMENTAL LA.W, RULE OR REGULATION OR ANY PERMIT ISSUED PURSU~t TO A}lY ENvIRONMENTAL LAW; OR (B) ANY EVENT OR CO~iTION DESCRIBED lN THE PRECEDING CLAUSE (A)~ T,HA.T ;REsut::t~·, OR CQuLD REAsdNABLY BE EXPECTED TO :RESULT, IN TO ANY THIRii PERSON FOR INJURY TO OR DEATH O:F ANY 'PERSON, PERSONS, OR DAMAGE, LOSS, OR DESTRUCTION: OF P~ZOPERTY LOCATED ON TIIB EARNED LEASES. TIIB TERM " CLAIM" INCLUDES, WITIIOUT :LIMITATION, ANY SPILLING, LEAKING, POURING, EMISSION, EMPTYING, bIStHARGE, INJECTION, ESCAPE, TRANSMISSION, LEACHP:~m, OR PUMPING (COLLECTIVELY, A "RELEASE;'), OR ANY THREATENED RELEASE, OF ANY ¢0NTAMINANTS SUBJECT TO REGULATION UNDER ENVIRONMENTAL LAW FROM, OR RELATED IN ANY WAY TO THE USE, OWNERSHIP, OR OF, ':('HE EARNED
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INTEREST THAT HA$ NOT BEEN REMEDIHO lN ACCORDANCE WITH ALL APPLICABLE ENVIRONMENTAL LAWS.
The. tenns and provisions of this Letter Agreement are a!ld s.h all be Qind.ing upon, and,