Common use of BONUS BID Clause in Contracts

BONUS BID. Lessee agrees to pay Lessor an initial bonus bid in the sum of $7,185.00 dollars as partial consideration for Lessor’s issuance of this Lease, payable in cash prior to execution of this lease. The initial bonus bid may not be credited against annual rentals, annual minimum royalties or production royalties accruing pursuant to this lease.

Appears in 1 contract

Samples: Mining Lease and Agreement (Petroteq Energy Inc.)

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BONUS BID. Lessee agrees to pay Lessor an initial bonus bid in the sum of $7,185.00 N/A dollars as partial consideration for Lessor’s issuance of this Lease, payable in cash prior to execution of this lease. The initial bonus bid may not be credited against annual rentals, annual minimum royalties or production royalties accruing pursuant to this lease.

Appears in 1 contract

Samples: Mining Lease and Agreement (Raser Technologies Inc)

BONUS BID. Lessee agrees to pay Lessor an initial bonus bid in the sum of $7,185.00 2,560.00 dollars as partial consideration for Lessor’s issuance of this Lease, payable in cash prior to execution of this lease. The initial bonus bid may not be credited against annual rentals, annual minimum royalties or production royalties accruing pursuant to this lease.

Appears in 1 contract

Samples: Mining Lease and Agreement (Boxwoods, Inc)

BONUS BID. Lessee agrees to pay Lessor an initial bonus bid in the sum of $7,185.00 12,510.00 dollars as partial consideration for Lessor’s issuance of this Lease, payable in cash prior to execution of this lease. The initial bonus bid may not be credited against annual rentals, annual minimum royalties or production royalties accruing pursuant to this lease.

Appears in 1 contract

Samples: Mining Lease and Agreement (Petroteq Energy Inc.)

BONUS BID. Lessee agrees to pay Lessor an initial bonus bid in the sum of $7,185.00 n/a dollars as partial consideration for Lessor’s issuance of this Lease, payable in cash prior to execution of this lease. The initial bonus bid may not be credited against annual rentals, annual minimum royalties or production royalties accruing pursuant to this lease.

Appears in 1 contract

Samples: Mining Lease and Agreement (Raser Technologies Inc)

BONUS BID. Lessee agrees to pay Lessor an initial bonus bid in the sum of $7,185.00 $ N/A dollars as partial consideration for Lessor’s issuance of this Lease, payable in cash prior to execution of this lease. The initial bonus bid may not be credited against annual rentals, annual minimum royalties or production royalties accruing pursuant to this lease.

Appears in 1 contract

Samples: Mining Lease and Agreement (Raser Technologies Inc)

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BONUS BID. Lessee agrees to pay Lessor an initial bonus bid in the sum of $7,185.00 $ n/a dollars as partial consideration for Lessor’s issuance of this Lease, payable in cash prior to execution of this lease. The initial bonus bid may not be credited against annual rentals, annual minimum royalties or production royalties accruing pursuant to this lease.

Appears in 1 contract

Samples: Energy Lease (Raser Technologies Inc)

BONUS BID. Lessee agrees to pay Lessor an initial bonus bid in the sum of $7,185.00 00.00 dollars as partial consideration for Lessor’s issuance of this Lease, payable in cash prior to execution of this lease. The initial bonus bid may not be credited against annual rentals, annual minimum royalties or production royalties accruing pursuant to this lease.

Appears in 1 contract

Samples: Mining Lease and Agreement

BONUS BID. Lessee agrees to pay Lessor an initial bonus bid in the sum of $7,185.00 9,662.88 dollars as partial consideration for Lessor’s issuance of this Lease, payable in cash prior to execution of this lease. The initial bonus bid may not be credited against annual rentals, annual minimum royalties or production royalties accruing pursuant to this lease.

Appears in 1 contract

Samples: Mining Lease and Agreement (Raser Technologies Inc)

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