Surface Fee definition
Surface Fee the duty paid by the Contracting party relating to the occupation of Lands during the Exploration or Exploitation period.
Surface Fee is defined in Section 1.1(a)(v).
Surface Fee means the real property in which Seller owns an interest in the surface estate which is identified as Surface Fee on Exhibit “C,” as well as all structures thereon and improvements thereto.
Examples of Surface Fee in a sentence
Purchaser shall pay all amounts due thereunder that would have been Assumed Obligations with respect to such Surface Fee Estate had such Surface Fee Estate been assigned to Purchaser at Closing, and Purchaser shall be responsible for the performance of any obligations that would have been an Assumed Obligation with respect to such Surface Fee Estate had such Surface Fee Estate been assigned to Purchaser at Closing.
All the Easements and Surface Agreements set forth on Exhibit “C,” as well as all of the Surface Fee.
The Annual Surface Fee shall be increased each year in accordance with Section 9.
More Definitions of Surface Fee
Surface Fee the Right paid to the State by the Contractor regarding the occupation of land during the period of exploration or exploitation.