Mineral estate definition

Mineral estate means an estate in or ownership of all or part of the subsurface minerals underlying a specified tract of land.

Mineral estate means an estate in or ownership of all or part of the minerals

Mineral estate means all oil, gas, and other minerals in and under and that may be produced from the Property, any royalty under any existing or future mineral lease covering any part of the Property, executive rights (including the right to sign a mineral lease covering any part of the Property), implied rights of ingress and egress, exploration and development rights, production and drilling rights, mineral lease payments, and all related rights and benefits. The Mineral Estate does NOT include water, sand, gravel, limestone, building stone, caliche, surface shale, near-surface lignite, and iron, but DOES include the reasonable use of these surface materials for mining, drilling, exploring, operating, developing, or removing the oil, gas, and other minerals from the Property.

Examples of Mineral estate in a sentence

• If the whole or materially all of the Mineral Estate shall be taken or condemned, this Lease shall cease and terminate and all Royalty and other charges hereunder shall be apportioned as of the date of vesting of title in such taking or condemnation proceedings.

• The Mineral Estate is leased to Lessee for the purposes of mineral extraction of Authorized Minerals and for no other purpose or use whatsoever.

• This Lease confers on Lessee the right to extract and ship Authorized Minerals from the Mineral Estate.

• Representatives of Lessor may enter the Facilities and the Mineral Estate at reasonable times to obtain factual data or access to records pertinent to mineral production required to be kept under the terms of the Lease and otherwise ascertain compliance with law and the terms of this Lease.

• Lessee shall strictly comply with all Environmental Laws, including, without limitation, water quality, air quality, and handling, transportation, storage, treatment, or disposal of any Regulated Substance on, under, or from the Mineral Estate.

More Definitions of Mineral estate

Mineral estate. MEANS A MINERAL INTEREST IN REAL PROPERTY.

Mineral estate means all oil, gas, and other minerals in or under the Property, any royalty under any existing or future lease covering any part of the Property, surface rights (including rights of ingress and egress), production and drilling rights, lease payments, and all related benefits.

Mineral estate. MEANS AN INTEREST IN REAL PROPERTY THAT IS LESS THAN FULL FEE TITLE AND THAT INCLUDES MINERAL RIGHTS AS SHOWN BY THE REAL ESTATE RECORDS OF THE COUNTY IN WHICH THE REAL PROPERTY IS SITUATED.

Mineral estate as to any parcel of Real Property means the subsurface estate relating to such Real Property, including any mineral, coal, lignite, uranium, oil, gas, clay, sand, gravel, aggregates, shale, limestone, rock or other naturally occurring substance in, upon or under and appurtenant to, or otherwise which may be produced from, such Real Property.

Mineral estate means a mineral interest in real property that is shown by the real estate records of the county in which the real property is situated. and that is not owned as part of the full fee title to the real property.

Mineral estate means an estate in or ownership

Mineral estate means, as to any lands within the State of