Assignee Proceeds. “Assignee Proceeds” means, for any Computation Period (a) the amount of proceeds actually received by Assignor during such Computation Period attributable to the sale of Assignee Minerals less (b) the Chargeable Costs attributable to the Royalty Interest or Assignee Minerals.
Appears in 10 contracts
Samples: Perpetual Overriding Royalty Interest Conveyance (Chesapeake Granite Wash Trust), Perpetual Overriding Royalty Interest Conveyance (Chesapeake Granite Wash Trust), Mortgage (Chesapeake Granite Wash Trust)