Production Royalties. The royalty shall be 12.5 percent of the value of the coal as set forth in the regulations. Royalties are due to Lessor the final day of the month succeeding the calendar month in which the royalty obligation accrues.
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Samples: Coal Lease (Cloud Peak Energy Inc.)
Production Royalties. The royalty shall will be 12.5 12-1/2 percent of the value of the coal produced by strip or augur methods and 8 percent of the value of coal produced by underground mining methods as set forth in the regulations. Royalties are due to Lessor the final day of the month succeeding the calendar month in which the royalty obligation accrues.
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Production Royalties. The royalty shall be 12.5 12-1/2 percent of the value of the coal produced by strip or augur methods and 8 percent of the value of coal produced by underground mining methods as set forth in the regulations. Royalties are due to Lessor the final day of the month succeeding the calendar month in which the royalty obligation accrues.
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Production Royalties. The royalty shall be 12.5 12<< percent of the value of the coal produced by strip or auger methods and 8 percent of the value of the coal produced by underground mining methods. The value of the coal shall be determined as set forth in the regulations43 CFR 3480. Royalties are due to Lessor lessor the final day of the month succeeding the calendar month in which the royalty obligation accrues.
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