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: Oil and Gas Lease, Oil and Gas Lease, Oil and Gas Lease
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: Lease Agreement, Lease Agreement
