Common use of Annual Rental Clause in Contracts

Annual Rental. Lessee shall pay to Lessor on or before the Effective Date and each anniversary thereof an Annual Rental of Three Dollars ($ ) per acre per annum in advance during the continuance hereof. The Annual Rental shall not be credited against royalty, or prorated or refunded for any reason whatsoever.

Appears in 3 contracts

Samples: Entire Agreement, Tribes And, www.bia.gov

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Annual Rental. Lessee shall pay to Lessor on or before the Effective Date and each anniversary thereof an Annual Rental of Three Dollars ($ ) no less than $2.00 per acre per annum according to CFR 211.42, in advance during the continuance hereof. The Annual Rental shall not be credited against royalty, or prorated or refunded for any reason whatsoever. (Optional clause - may delete or substitute a minimum royalty provision if desired.)

Appears in 2 contracts

Samples: Model Lease Agreement, Model Lease Agreement

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