Quaternary Term Of Mineral Lease. i. If minerals are not produced or mined in paying quantities from the Property during the primary, secondary or tertiary term, then the Lease may be continued into the quaternary term. The quaternary term shall be five (5) years and so long thereafter as minerals are produced or mined in paying quantities from the Property.
Appears in 6 contracts
Samples: BE Resources Inc., BE Resources Inc., BE Resources Inc.
