Common use of Production Royalties Clause in Contracts

Production Royalties. The royalty shall be 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 43 CFR 3480. Royalties are due to lessor the final day of the month succeeding the calendar month in which the royalty obligation accrues.

Production Royalties. The royalty shall will be 12<< -1/2 percent of the value of the coal produced by strip or auger augur methods and 8 percent of the value of the coal produced by underground mining methods. The value of the coal shall be determined methods as set forth in 43 CFR 3480the regulations. Royalties are due to lessor Lessor the final day of the month succeeding the calendar month in which the royalty obligation accrues.

Production Royalties. The royalty shall be 12<< -1/2 percent of the value of the coal produced by strip or auger augur methods and 8 percent of the value of the coal produced by underground mining methods. The value of the coal shall be determined methods as set forth in 43 CFR 3480the regulations. Royalties are due to lessor Lessor the final day of the month succeeding the calendar month in which the royalty obligation accrues.

Production Royalties. The royalty shall be 12<< 12.5 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 43 CFR 3480the regulations. Royalties are due to lessor Lessor the final day of the month succeeding the calendar month in which the royalty obligation accrues.