Common use of ROYALTY IN KIND Clause in Contracts

ROYALTY IN KIND. (a) At the state's option, which may be exercised from time to time upon not less than 50 days' notice to the lessee, the lessee shall deliver all or a portion of the state's royalty oil, gas, or associated substances produced from the leased area in kind. Delivery will be on the leased area, unit area, or at a place mutually agreed to by the state and the lessee, and must be delivered to the State of Alaska or to any individual, firm, or corporation designated by the state.

ROYALTY IN KIND. (a) At the state's option, which may be exercised from time to time upon not less than 50 days' notice to the lessee, the lessee shall deliver all or a portion of the state's royalty oil, gas, or associated substances produced from the leased area in kind. Delivery will be on the leased area, unit area, or at a place mutually agreed to by the state and the lessee, and must be delivered to the State of Alaska or to any individual, firm, or corporation designated by the state...

ROYALTY IN KIND. (a) At the stateState's option, which may be exercised from time to time upon not less than 50 days' notice to the lessee, the lessee shall deliver all or a portion of the stateState's royalty oil, gas, or associated substances produced from the leased area in kind. Delivery will be on the leased area, unit area, or at a place mutually agreed to by the state State and the lessee, and must be delivered to the State of Alaska or to any individual, firm, or corporation designated by the stateState.

ROYALTY IN KIND. (a) At the state's option, which may be exercised from time to time upon not less than 50 days' 90 days notice to the lessee, the lessee shall must deliver all or a portion of the state's royalty oil, gas, or associated substances produced from the leased area due under this lease in kind. Delivery will must be on the leased area, unit area, area or at a place mutually agreed to by the state and the lessee, and must be delivered to the State of Alaska or to any individual, firm, or corporation designated by the state.