Common use of ADVANCE ROYALTIES Clause in Contracts

ADVANCE ROYALTIES. Upon request by the lessee, the BLM may accept, for a total of not more than 10 years, the payment of advance royalties in lieu of continued operation, consistent with the regulations. The advance royalty will be based on a percent of the value of a minimum number of tons determined in the manner established by the advance royalty regulations in effect at the time the lessee requests approval to pay advance royalties in lieu of continued operation.

Appears in 6 contracts

Samples: Cloud Peak Energy Inc., Cloud Peak Energy Inc., Arch Coal Inc

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ADVANCE ROYALTIES. Upon request by the lessee, the BLM may accept, for a total of not more than 10 20 years, the payment of advance royalties in lieu of continued operation, consistent with the regulations. The advance royalty will be based on a percent of the value of a minimum number of tons determined in the manner established by the advance royalty regulations in effect at the time the lessee requests approval to pay advance royalties in lieu of continued operation.

Appears in 2 contracts

Samples: Cloud Peak Energy Resources LLC, Cloud Peak Energy Resources LLC

ADVANCE ROYALTIES. Upon request by the lessee, the BLM may accept, for a total of not more than 10 years, ,* the payment of advance royalties in lieu of continued operation, consistent with the regulations. The advance royalty will be based on a percent of the value of a minimum number of tons determined in the manner established by the advance royalty regulations in effect at the time the lessee requests approval to pay advance royalties in lieu of continued operation.. *20 years [Public Law 109-58]

Appears in 1 contract

Samples: Foundation Coal Holdings, Inc.

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ADVANCE ROYALTIES. Upon request by the lessee, the BLM may accept, for a total of not more than 10 yearsthan* , the payment of advance royalties in lieu of continued operation, consistent with the regulations. The advance royalty will be based on a percent of the value of a minimum number of tons determined in the manner established by the advance royalty regulations in effect at the time the lessee requests approval to pay advance royalties in lieu of continued operation.. *20 years [Public Law 109-58]

Appears in 1 contract

Samples: Cloud Peak Energy Inc.

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