Dead Rent definition

Dead Rent means the minimum guaranteed amount payable for mining lease which is calculated as per the area of the lease and revisable as provided in these rules;
Dead Rent means the minimum guaranteed amount of royalty per year payable as per rules of agreement under a mining lease;
Dead Rent means the minimum amount payable in a year by the person granted a mining lease under these rules irrespective of the fact as to whether or not he operates/ could operate the area fully or partly;

Examples of Dead Rent in a sentence

  • Details of Rent/ Royalty / Dead Rent paid in the month (i) Rent paid for the period (Rs.) (ii) Royalty paid for the period (Rs.) (iii) Dead Rent paid for the period (in Rs) 4.

  • Details of Rent/ Royalty / Dead Rent/ DMF /NMET amount paid in the month(i) Rent paid (₹) (ii) Royalty paid (₹) (iii) Dead Rent paid ( ₹) (iv) Payment made to the DMF ( ₹) (v) Payment made to the NMET ( ₹) 4.

  • Details of Rent/ Royalty / Dead Rent paid inthe month (i) Rent paid for the period (Rs.) (ii) Royalty paid for the period (Rs.) (iii) Dead Rent paid for the period (in Rs) 4.

  • The royalty shall be applicable and recovered as per the Central Government rates of Royalty and Dead Rent vide Official Gazette notification number GSR 630 (E) and GSR 631 (E) dated 1st September 2014, and subsequent notification issued from time to time and also in future.

  • In addition to performance security deposit, the successful bidder required to pay Dead Rent for the 1st year period of the contract at actuals by a crossed DD/RTGS/NEFT in favour of the A.P. Mineral Development Corporation, at the time of signing the contract.


More Definitions of Dead Rent

Dead Rent means the rent of the leased area to be charged under these rules at the recovered rates specified by Government from time to time;
Dead Rent means the minimum amount payable in a year by a person granted with a mining lease/quarry license under these rules irrespective of the fact as to whether or not lessee/ licensee operates/could not operate the area fully or partly ;
Dead Rent means the minimum amount payable in a year by a person to whom a mining lease is granted under these rules irrespective of the fact whether such mining lease is operated or not.
Dead Rent means a rent payable to the Government by a lessee under these rules for every year except for the first year of the period of quarrying lease from the date of execution of the lease at the rates stipulated in Schedule II of these rules or the amount of royalty payable by a lessee in one year for the quantity of the mineral removed or consumed by him from the leasehold, whichever is higher;
Dead Rent means the minimum amount payable in a year by a person holding a Mining Lease or Mining Licence under these rules notwithstanding such lessee/licensee operating the area fully or partly ;
Dead Rent means the minimum guaranteed amount of royalty per year payable as per the rules or agreement under a mining lease. As per clause 9A of MMDR Act, 1957, a lease holder has to pay dead rent at such rate, as may be specified, for the time being. The details of dead rent due, paid and outstanding in respect of five blocks of limestone mines in Umrangshu since their allotment to the Company are given in Table 2.4.6.