GRANT OF OVERRIDING ROYALTY. Grantor hereby grants to the Royalty Owner an interest in respect of the Petroleum Substances within, upon or under the Royalty Lands equal to one (1%) percent of the gross monthly production produced from the Royalty Lands.
Appears in 5 contracts
Samples: Overriding Royalty Agreement (Park Place Energy Corp.), Overriding Royalty Agreement (Park Place Energy Corp.), Overriding Royalty Agreement (Park Place Energy Corp.)