Minimum Annual Royalty. In addition to the annual rental, the commercial lessee shall pay an annual minimum royalty of five hundred dollars ($500) per year and all other lessees shall pay an annual minimum royalty of three hundred forty dollars ($340) per year. (2-7-91)
Appears in 7 contracts
Samples: Riverbed Mineral Leasing Agreement, Riverbed Mineral Leasing Agreement, Riverbed Mineral Leasing Agreement