Royalty Area definition

Royalty Area means the area within the boundaries of the Tenements, meaning (a) the mining and exploration tenements (being the leases, licenses, claims, permits, and other authorities) and mining and exploration tenement applications listed in Schedule 1 to the Royalty Deed (whether registered or applied for) in each case as may be renewed, extended, substituted, replaced (including where an exploration license is replaced by a mining or other tenement with production rights) or consolidated; and (b) any other mining tenement, lease, license, claim, permit or authority applied for or granted wholly or
Sample 1
Royalty Area means the area covered by the Property, as set out in Exhibit II.
Sample 1
Royalty Area means the area of the Tenements depicted in the plan in Schedule 1 that is in pink shading and identified as the Collective Peabody Area.
Sample 1

Examples of Royalty Area in a sentence

  • B Pursuant to the terms of completion under the Wards Well SPA, and as part of the consideration for the purchase by the Grantor of the Royalty Area, the Grantor agrees to pay the Royalty Holder the Royalty in accordance with the terms and conditions of this deed.

  • ME_212469013_16 Schedule 1 – Royalty Area * The parties agree that surveyors from Stanmore and Peabody will oversee an independent cadastral surveyor to derive and mark up actual field locations, and will update this map as necessary to reflect the outcome of such surveys.


More Definitions of Royalty Area

Royalty Area means: All petroleum and natural gas lands and interests evaluated by the Grantee, accepted by the Grantor and in which the Grantor either purchases an interest or enters into a third party agreement and subsequently earns an interest in such lands and properties (the “Royalty Lands”).
Sample 1
Royalty Area means: All petroleum and natural gas lands and interests in the North West Premont Prospect including surrounding areas of mutual interest, and the Xxxxxxx Xxxx Xxxxxxxx (00-0X0X) accepted by the Grantor and in which the Grantor either purchases an interest or enters into a third party agreement and subsequently earns an interest in such lands and properties (the “Royalty Lands”).
Sample 1

Related to Royalty Area

  • Licensed Area means the area in which the Licensee is authorised to

  • ILUA Area means the geographical area in relation to which the Framework ILUA applies, as specified in Schedule 2 of the Framework ILUA;

  • Production Area means that part of the animal feeding operation that includes the animal confinement area, the manure storage area, the raw materials storage area, and the waste containment areas. The animal confinement area includes, but is not limited to, open lots, housed lots, feedlots, confinement houses, stall barns, free stall barns, milkrooms, milking centers, egg washing or egg processing areas, areas used for the storage and disposal/treatment of mortalities, cowyards, barnyards, medication pens, walkers, animal walkways, and stables. The manure storage area includes, but is not limited to, lagoons, runoff ponds, storage sheds, stockpiles, under-house or pit storages, liquid impoundments, static piles, and composting piles. The raw materials storage area includes, but is not limited to, feed silos, and silage bunkers. The waste containment area includes, but is not limited to, settling basins and areas within berms and diversions which separate uncontaminated stormwater.

  • Development Area means that area to which a development plan is applicable.

  • the LA area means the area in respect of which is the local authority.

  • Royalty means an interest in an oil and gas lease that gives the owner of the interest the right to receive a portion of the production from the leased acreage (or of the proceeds of the sale thereof), but generally does not require the owner to pay any portion of the costs of drilling or operating the wells on the leased acreage.

  • Lot area means the total horizontal area within the lot lines of a lot.

  • Mineral Products means the commercial end products derived from operating the Property as a mine:

  • Licensed service area means the geographic area in which

  • Licensed Space means the indoor and outdoor space on the premises approved by the department for the purpose of providing licensed child care.

  • Licensed premises or “premises” means all rooms, enclosures, contiguous areas, or places susceptible of precise description satisfactory to the administrator where alcoholic beverages, wine, or beer is sold or consumed under authority of a liquor control license, wine permit, or beer permit. A single licensed premises may consist of multiple rooms, enclosures, areas, or places if they are wholly within the confines of a single building or contiguous grounds.

  • exploration area means that part of the Area allocated to the Contractor for exploration, described in schedule 1 hereto, as the same may be reduced from time to time in accordance with this contract and the Regulations;

  • mining area means all those pieces of land containing two hundred and forty‑six (246) square miles or thereabouts situate in what is known to the parties as the “Xxx Xxxxx‑Siberia Nickel Laterite Area” the subject of the mineral claims applications for mineral claims and Temporary Reserves listed in the First Schedule hereto which are generally delineated and respectively coloured green and orange and red in the plan marked “X” signed by or on behalf of the parties for the purpose of identification;

  • Project Area means land or lands located within the incentive

  • Play area means an area of frequent soil contact by children of less than six years of age as indicated by, but not limited to, factors including the following: the presence of play equipment (sandboxes, swing sets, and sliding boards), toys, or other children’s possessions, observations of play patterns, or information provided by parents, residents, caregivers, or property owners.

  • Tax area means a geographic area created by the overlapping boundaries of one or more taxing entities.

  • Royalties means all royalties, fees, expense reimbursement and other amounts payable by a Loan Party under a License.

  • Leased Area means the Crown land referred to in, subclause (1) of clause 9 hereof; [“mineral lease”] 4

  • Royalty owner means any owner of oil and gas in place, or oil and gas rights, to the extent that the owner is not an operator as defined in subsection (17) of this section;

  • Development Site means any parcel or lot on which exists or which is intended for building development other than the following:

  • Easement Area means the area of the servient lot marked on the survey-strata plan as being subject to the relevant easement; and

  • Area of use means a portion of an address of use that has been set aside for the purpose of receiving, preparing, using, or storing radioactive material.