Base Throughput Payment Sample Clauses

Base Throughput Payment. For each Ton of Foreign Coal processed, loaded or shipped on or through the Surface Property, Lessee shall pay Lessor a throughput payment equal to one-half of one percent (0.5%) of the Gross Sales Price (the “Base Throughput Payment”). For purposes of this Lease, “Foreign Coal” shall mean any Coal mined from properties other than those properties now or hereafter owned or controlled by Lessor and leased or subleased to Lessee by Lessor.