Surface Rent definition

Surface Rent means the fees of the demarcated area of the Mining Contract the payment conditions and duration of which shall be established in the Mining Regulations.
Surface Rent means the monetary payment that a holder makes to the owner of land on which the holder intends to conduct exploration or mining activities;
Surface Rent means rent, payable by the lessee for the surface area, leased to him for the purpose of mining, at the rates prescribed by the Government.

Examples of Surface Rent in a sentence

  • Fifth Floor Space, whether Exclusive, Common Use or Limited Common Use Space, shall be charged at the Surface Rent rate described in Section 4.3(b) hereof.

  • Any compensation referable to the fact that the owner will be deprived of the use and occupancy of the land shall be included in and covered by the Surface Rent payable pursuant to clause 6(d)(2).

  • These levies mainly includes Surface Rent (if applicable) (A lessee may be liable to pay surface rent at the rate specified by the State Government.

  • Adjusting for Surface Rents reported by companies which are out of scope Company Revenue Stream Resolutions/Adjustments(US$)Koidu HoldingsSurface Rent(128,630)Sierra RutileSurface Rent (436,442)Sierra MineralsSurface Rent(92,555)Nimini Surface Rent (30,000)African MineralsSurface Rent(75,349)Total (762,976) Total adjustments/resolutions on companies' payments.

  • Rule 13 (2) (b) of the Petroleum & Natural Gas Rules (PNG) Rules, 1959 (amended up to April, 2003), provided that the lessee shall pay Surface Rent for the area of land actually used by him/her on operations conducted under lease at such rates not exceeding the land revenue assessed or assessable on the land or as specified by the State Government with the approval of the Central Government.The Government of Arunachal Pradesh drew up a Petroleum Mining Lease with M/s Oil India Ltd.

  • Further, Clause 4 of Part VI of the Agreements provided that any payment to be made within the time specified for such payment, if not paid within the time specified, shall be increased by 10 per cent for every month or portion of a month during which such payment remained unpaid.Scrutiny of Register of Surface Rent maintained by the Director, Geology & Mining, revealed the following:• M/s Oil India Ltd.

  • Fees and rentals for the oil and gas sector are collected centrally through the Petroleum Directorate and include: • Training Fund for Oil and Gas;• Signature Bonus for Oil and Gas; and• Surface Rent.

  • The revised rate of Surface Rent for minerals is given in Annexure – VII.As soon as the demand for dead rent is issued, it is noted in the DCB Register in the appropriate column.

  • Except as specifically provided in Section 14.3 (Special Provisions), Section 15.1 (Royalties), Section 15.3 (Royalties on Minerals Purchase by the Concessionaire for Sale or Processing and Sale), and Section 15.4 (Surface Rent), the Concessionaire shall pay all Taxes and Duties in accordance with Schedule 6 and as otherwise provided by applicable Law.

  • Page 26 AddUnder Surface Rent the last paragraph now to read:- In the case of sand and gravel, where royalty income is relatively low in relation to agricultural rents, a surface rent based upon agricultural rents might be charged on land taken for mineral working separate from the royalty.


More Definitions of Surface Rent

Surface Rent means the fee payable to KPMMDD for the licensed/leased demarcated area of the license/lease to be charged under these Rules at the recovered rates specified by Government from time to time. The payment conditions and duration shall be established in the Mining Regulations;
Surface Rent means the annual sum payable by the Licence Holder to the State or the owner or occupant of the Licence Area which is prescribed in the Regulations;
Surface Rent means a rent payable to the Government for every year for the surface area allotted to a quarrying permit holder or a lessee under these rules at such rates not exceeding the land tax assessable on the land by the Government from time to time;
Surface Rent means the annual sum payable by the License Holder to the State or the owner or occupant of the License Area which is prescribed in the Regulations;
Surface Rent means a fee payable to the Government for the right to explore for or exploit Mineral resources of Liberia.

Related to Surface Rent

  • Rent means “eligible rent” to which regulation 12 of the Housing Benefit (Persons who have attained the qualifying age for state pension credit) Regulations 2006 refer, less any deductions in respect of non-dependants which fall to be made under paragraph 30 (non-dependant deductions);

  • Additional Rent means all amounts payable by the Tenant under this Lease except Base Rent, whether or not specifically designated as Additional Rent elsewhere in this Lease;

  • Basic Rent means Basic Rent as defined in Paragraph 6.

  • Lease Rentals means, for any period, the aggregate amount of fixed rental or operating lease expense payable by the Company and its Restricted Subsidiaries with respect to leases of real and personal property (excluding Capital Lease Obligations) determined in accordance with GAAP.

  • Fixed Rent shall have the meaning set forth in Section 1.1 hereof.

  • Base Rent Period Annual Rate Per Square Foot Monthly Base Rent

  • Initial Rent means [ ] (£[ ]) STERLING yearly (exclusive of any VAT);

  • Concession Area means particulars of the area as more particularly described in Form A of West Bengal Minor Minerals (Auction) Rules, 2016.

  • Leased Premises means the Leased Premises as defined in Paragraph 1.

  • Demised Premises or “Premises” (and whether or not capitalized) is used herein, it shall be understood to mean the “premises leased hereby”; and whenever the term “Entire Premises” is used herein (and whether or not capitalized), it shall be understood to mean all of the contiguous land and buildings owned by Landlord at this location, which include the premises leased hereby. The term “Non-leased Premises” shall mean the Entire Premises less the Leased Premises.

  • Lease Area means the Lease Area as more particularly described in SCHEDULE C.

  • Subleased Premises means all that portion of the Leased Premises referred to as airport lot as outlined on the site diagram attached as Schedule "A" to this Sublease; and

  • Renewal Rent for the Aircraft means the rent payable therefor in respect of a Renewal Lease Term determined pursuant to Section 17.2.2 of the Lease.

  • Additional Rental has the meaning set forth in Section 4.03.

  • Supplemental Rent means all amounts, liabilities and obligations (other than Basic Rent) which the Lessee assumes or agrees to pay to the Lessor, the Trust Company, the Holders, the Agent, the Lenders or any other Person under the Lease or under any of the other Operative Agreements including without limitation payments of the Termination Value and the Maximum Residual Guarantee Amount and all indemnification amounts, liabilities and obligations.

  • Gross Rent means the rent for a set-aside unit, including any applicable utility allowances, in compliance with the rent limits applicable to the property for 2020. Gross rent does include optional fees included in the household’s lease, including but not limited to, washer/dryer, cable, parking, etc., as long as they are included in the lease or addendums to the lease. In addition, when a utility that is purchased from or through a local utility company by the Development, who in turn bills residents for actual consumption of the utility will also be eligible when the applicable utility allowance for the Development includes a deduction for the utility and the household’s lease specifies that the resident is responsible for the utility.

  • Additional Rents means amounts payable under any Lease for (i) the payment of additional rent based upon a percentage of the Tenant’s business during a specified annual or other period (sometimes referred to as “percentage rent”), (ii) so-called common area maintenance or “CAM” charges, and (iii) so called “escalation rent” or additional rent based upon such tenant’s allocable share of insurance, real estate taxes or operating expenses or labor costs or cost of living or xxxxxx’x wages or otherwise.

  • Rentable Area of the Premises The amount of square footage set forth in Section 1.01(10).

  • Surface water means all water which is open to the atmosphere and subject to surface runoff.

  • Insurance Rent the sums described in paragraph 1.1 of Schedule 4; “Insured Risks” the risks of fire (including subterranean fire), lightning, explosion, storm, flood, subsidence, landslip, heave, earthquake, burst or overflowing water pipes, tanks or apparatus, impact by aircraft or other aerial devices and any articles dropped from them, impact by vehicles, terrorism, riot, civil commotion and malicious damage to the extent, in each case, that cover is generally available on normal commercial terms in the UK insurance market at the time the insurance is taken out, and any other risks against which the Landlord reasonably insures from time to time, subject in all cases to any excesses, limitations and exclusions imposed by the insurers;10

  • the Landlord means the party named on the first page of this Agreement and any successor and any person who has an interest as heritable proprietor in The Property, even if not named in this Agreement. The Landlord agrees to inform The Agent, in writing, of any changes to ownership of The Property, contact telephone numbers, postal or e-mail addresses as soon as possible and in any event within 7 days of the change.

  • Annual Rent means the amount payable by Tenant to Landlord in respect of each year of the Term under Article 4.01.

  • Room Rent Means the amount charged by a hospital for the occupancy of a bed on per day (24 hours) basis and shall include associated medical expenses.

  • the Premises means the building or part of the building booked and referred to in the contract

  • School premises means either of the following:

  • Monthly Rent means the monthly installment of Minimum Annual Rent plus the monthly installment of estimated Annual Operating Expenses payable by Tenant under this Lease.