Per Gas Generating Unit Payment Sample Clauses

Per Gas Generating Unit Payment. LICENSEE shall pay LICENSOR a minimum annual fee of Thirty Thousand ($30,000) U. S. Dollars for each Gas Generating Unit that continues to be capable of producing gas. The for the initial year of each GGU shall be paid as follows: One half (50%) of such payments are due within (20) days after the first production or injection well is drilled on that GGU and one half (50%) is due upon the detection of the presence of biogenic methane gas from that GGUt. Thereafter the annual payment for each GGU shall be paid on the anniversary of the first payment. 每个产气单元的收费:被许可方须向许可方为每个具备持续产气能力的产气单元每年至少支付叁万美元($30,000)费用。每个产气单元的年费在第一年应以如下方式支付:在开始钻第一个加注或产气井20天内付款50%;余款在产气单元开始检测到生物甲烷气体产生时收讫。此后,每个产气单元的年费应于每年上述首付日的同日支付。
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Per Gas Generating Unit Payment. Thirty Thousand ($30,000) U. S. Dollars. 50% Due within 20 days of commencement of the drilling of the 1st production or injection well, and 50% due upon presence of gas.

Related to Per Gas Generating Unit Payment

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