Common use of Production Royalties Clause in Contracts

Production Royalties. a. Lessee shall pay to Lessor a production royalty for the nonmetallic minerals and/or nonmetallic mineral products produced and sold from the leased premises which shall be the product of:

Appears in 4 contracts

Samples: Nonmetallic Minerals Lease, www.michigan.gov, www.michigan.gov

AutoNDA by SimpleDocs

Production Royalties. a. Lessee shall pay to Lessor a production royalty for the nonmetallic minerals and/or nonmetallic mineral products produced and sold mined from the leased premises which shall be the product of:of the removed mined tonnage (tonnage of material removed from sites) times the Production Royalty rate of _ per ton (2000 lbs. avoirdupois). No allowance shall be made for moisture content of materials.

Appears in 1 contract

Samples: 169.62.82.226

AutoNDA by SimpleDocs

Production Royalties. a. (a) Lessee shall pay to Lessor a production royalty for the nonmetallic minerals and/or nonmetallic mineral products produced and sold from the leased premises which shall be the product of:

Appears in 1 contract

Samples: www2.dnr.state.mi.us

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!