Royalty Share of Production not Taken in Kind. The Royalty Owner shall not own any of the Grantor’s Share of Production, except for the Royalty Share of Production that the Royalty Owner elects to take in kind pursuant to and in accordance with Section 2.5.
Appears in 2 contracts
Samples: Royalty Agreement (Paramount Energy Trust), Royalty Agreement (Paramount Energy Trust)
Royalty Share of Production not Taken in Kind. The Royalty Owner shall not own any of the Grantor’s 's Share of Production, Production except for the Royalty Share of Production that the Royalty Owner which it elects to take in kind pursuant to and in accordance with Section section 2.5.
Appears in 2 contracts
Samples: Royalty Agreement (Primewest Energy Trust), Primewest Royalty Agreement (Primewest Energy Trust)
Royalty Share of Production not Taken in Kind. The Royalty Owner shall not own any of the Grantor’s 's Share of Production, except for the Royalty Share of Production that the Royalty Owner elects to take in kind pursuant to and in accordance with Section 2.5.
Appears in 1 contract
