Examples of Acquired lands in a sentence
If Township purchases the Area of Exclusion Lands then the Area of Exclusion Lands will become Acquired Lands for the purposes of the Agreement and the Royalty will automatically apply to the Area of Exclusion Lands, provided however that the Area of Exclusion Lands shall not be included or considered with respect to the payments to be made by Township pursuant to Article 5.
On the 3rd Anniversary Date, and each subsequent Anniversary Date, Township shall pay to the Triple 7 Joint Venture a payment equal to $450,000 CDN per parcel of Acquired Lands which were acquired by Township at the Alberta Crown Sale and which have not been surrendered at the applicable Anniversary Date, or for which a Commercial Notice (as hereinafter defined) has not been issued.
Township hereby grants to each Royalty Owner the Royalty on the Acquired Lands.
The undersigned (reserve) offers to lease all or any of the lands in Item 2 that are available for lease pursuant to the Mineral Leasing Act of 1920, as amended and supplemented (30 U.S.C. 181 et seq.), the Mineral Leasing Act for Acquired Lands of 1947, as amended (30 U.S.C. 351-359), the Attorney General's Opinion of April 2, 1941 (40 Op. Atty.
The Lessor hereby grants and leases to the Lessee the exclusive right and privilege to drill for, extract, produce, remove, utilize, sell, and dispose of geothermal steam and associated geothermal resources, (hereinafter called "geothermal resources"), in or under the following described lands situated within the County of Inyo, State of California: ---- ---------- National Resource Lands Acquired Lands T.
Except as otherwise expressly provided for herein and in the Royalty Procedure, no Party shall sell, assign, transfer, mortgage, encumber, hypothecate, pledge or alienate in any way all or any portion of the control or ownership of its interest in this Agreement, the Acquired Lands or the Royalty.
Any Acquired Lands shall be owned One Hundred Percent (100%) by Township subject to the Royalty granted to the Triple 7 Joint Venture and the payments by Township to the Triple 7 Joint Venture as herein set forth.
The fees for the services of Pioneer in bidding for the Acquired Lands and the Crown rental for the first year of any oil sands licenses acquired with respect to the Acquired Lands will be paid from the Initial Funding.
This application/offer/lease is for (Check only one): [ x ] Public Domain Lands [ ] Acquired Lands Surface managing agency is other than BLM: ________________ Unit/Project ______________________________________________ Legal description of land requested: Parcel No.: WY-9506-171 Sale Date: 06/06/95 * SEE ITEM 2 IN INSTRUCTIONS BELOW PRIOR TO COMPLETING PARCEL NUMBER AND SALE DATE.
Township shall pay to the Triple 7 Joint Venture $150,000, on the first and second Anniversary Dates of this Agreement (provided that it still owns one or more parcels of Acquired Lands acquired at the Alberta Crown Sale) such amount to be paid, at Township's sole election, in cash or by the issuance of common shares of CanWest, to be priced at the closing bid price on the applicable Anniversary Date.