Common use of Mineral Field Clause in Contracts

Mineral Field. XXXXXXXXX THE SECOND, by the Grace of God of the United Kingdom, Australia and Her other Realms and Territories Queen, Head of the Commonwealth, Defender of the Faith: TO ALL TO WHOM these presents shall come GREETING: KNOW YE that WHEREAS by the Broken Hill Proprietary Company’s Integrated Xxxxx Xxxxx Xxxxxxxxx Xxx 0000 and the Agreement ratified thereby the Government of the said State agreed to grant to The Broken Hill Proprietary Company Limited (hereinafter with its successors and permitted assigns referred to as “the Company”) of Melbourne in the State of Victoria a mineral lease of the lands referred to in that Agreement as the “leased areas”: NOW WE in consideration of the rents and royalties reserved by and of the provisions of the said Agreement DO BY THESE PRESENTS GRANT AND DEMISE UNTO the Company subject to the said provisions all those pieces and parcels of land comprised in the leased areas for the period and for the purposes mentioned in the said Agreement TO HOLD THE LEASED AREAS UNTO the Company for the period and purposes and upon and subject to the terms covenants and conditions set out in the said Act and Agreement and in accordance with the provisions of the Mining Xxx 0000 and the amendments thereto and the regulations made thereunder as in force at the date of the said Agreement: YIELDING and paying therefor the rent and royalties as set out in the said Agreement.

Mineral Field. XXXXXXXXX THE SECOND, by the Grace of God of the United Kingdom, Australia and Her other Realms and Territories Queen, Head of the Commonwealth, Defender of the Faith: TO ALL TO WHOM these presents shall come GREETING: KNOW YE that WHEREAS by the Broken Hill Proprietary Company’s Integrated Xxxxx Xxxxx Xxxxxxxxx Xxx 0000 Steel Works Agreement Act 1960 and the Agreement ratified thereby the Government of the said State agreed to grant to The Broken Hill Proprietary Company Limited (hereinafter with its successors and permitted assigns referred to as “the Company”) of Melbourne in the State of Victoria a mineral lease of the lands referred to in that Agreement as the “leased areas”: NOW WE in consideration of the rents and royalties reserved by and of the provisions of the said Agreement DO BY THESE PRESENTS GRANT AND DEMISE UNTO the Company subject to the said provisions all those pieces and parcels of land comprised in the leased areas for the period and for the purposes mentioned in the said Agreement TO HOLD THE LEASED AREAS UNTO the Company for the period and purposes and upon and subject to the terms covenants and conditions set out in the said Act and Agreement and in accordance with the provisions of the Mining Xxx 0000 Act 1904 and the amendments thereto and the regulations made thereunder as in force at the date of the said Agreement: YIELDING and paying therefor the rent and royalties as set out in the said Agreement.