Examples of Royalty Payor in a sentence
It is the express intention of the Parties that the Overriding Royalty herein granted by Royalty Payor to Royalty Owner shall be carved out of the Royalty Payor’s interest in the Royalty Lands and constitute, and is to be construed as, an interest in land.
Royalty Payor shall, at its own cost, keep the Royalty Lands and the Title Documents in good standing, provided that nothing shall require Royalty Payor to undertake any operation that would be required to extend, continue or renew a Title Document.
V0195053 02 7020_71200_5309000 UNIFORMS-BSA 1/7/22.520.3272.72111.90111.90111.90111.900332603Botts Locksmith/ Charles Drude01/13/202218.75V0195009 02 7010_71100 5401004 KEY BLANKS/ MAINT INVENTO.
Where it is the operator of a Royalty Well, Royalty Payor shall not decide to convert any Royalty Xxxxx to another capacity such as injection or disposal because the Royalty Xxxxx are subject to the Overriding Royalty only.
Royalty Payor will not discriminate against the Petroleum Substances attributed to Royalty Payor’s Working Interest in the Royalty Lands in the production and marketing of those Petroleum Substances because those Petroleum Substances are subject to the Overriding Royalty.