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: Coal Mining Lease, Coal Mining Lease (Arch Coal Inc), Coal Mining Lease (Arch Coal Inc)

AutoNDA by SimpleDocs

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: Coal Mining Lease (Arch Coal Inc)

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!