Common use of Royalty Valuation After Reversion Clause in Contracts

Royalty Valuation After Reversion. After reversion of the Leased Premises to the United States, the Secretary of the Interior may establish the reasonable value of post-reversion production for royalty purposes in the same manner and by the same methods as the United States establishes value under coal leases issued by the United States.

Appears in 3 contracts

Samples: Mining Lease and Agreement, Mining Lease and Agreement (Arch Coal Inc), Mining Lease and Agreement (Arch Coal Inc)

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Royalty Valuation After Reversion. After reversion of the Leased Premises to the United States pursuant to paragraph 1.4, Reversion of the Leased Premises to the United States, the Secretary of the Interior may establish the reasonable value of post-reversion production for royalty purposes in the same manner and by the same methods as the United States establishes value under coal leases issued by the United States.

Appears in 1 contract

Samples: Mining Lease and Agreement (Arch Coal Inc)

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