MULTIPLE MINERAL DEVELOPMENT. The Utah School and Institutional Trust Lands Administration may designate any lands under its authority as a Multiple Mineral Development Area (MMD). In designated MMDs the Lessor may require in addition to the terms and conditions of this lease such stipulations or restrictions as may be necessary in the determination of the Director to integrate and coordinate the operations of lessees having an interest in the lands in order to conserve natural resource and optimize revenues to the trust-land beneficiaries.
Appears in 8 contracts
Samples: Geothermal Energy Lease, Mineral Lease (Epm Mining Ventures Inc.), Geothermal Energy Lease (Raser Technologies Inc)
MULTIPLE MINERAL DEVELOPMENT. The Utah School and Institutional Trust Lands Administration may designate any lands under its authority as a Multiple Mineral Development Area (MMD). In designated MMDs the Lessor may require in addition to the terms and conditions of this lease such stipulations or restrictions as may be necessary in the determination discretion of the Director to integrate and coordinate the operations of lessees having an interest in the lands in order to conserve natural resource resources and optimize revenues to the trust-land beneficiaries.
Appears in 2 contracts
Samples: Mineral Lease (Petroteq Energy Inc.), Mineral Lease
MULTIPLE MINERAL DEVELOPMENT. The Utah School and Institutional Trust Lands Administration may designate any lands under its authority as a Multiple Mineral Development Area (MMD). In designated MMDs the Lessor may require in addition to the terms and conditions of this lease such stipulations or restrictions as may be necessary in the determination discretion of the Director to integrate and coordinate the operations of lessees having an interest in the lands in order to conserve natural resource resources and optimize revenues to the trust-land beneficiaries.. ML 53807Page No. 11
Appears in 1 contract
Samples: Mineral Lease (Petroteq Energy Inc.)
