Common Contracts
2 similar Surface Rights Lease contracts by Ramaco Resources, Inc.
ARTICLE I. LEASE OF SURFACE PROPERTYSurface Rights Lease • December 29th, 2016 • Ramaco Resources, Inc. • Bituminous coal & lignite mining • Delaware
Assume that Operating Company desires to lease an Acquired Area from Land Company that contains 4.0 million clean tons of coal. The mining plan that is ultimately approved by Land Company indicates that Operating Company shall mine those 4.0 million clean tons of coal over a period of 15 years and shall sell those tons of coal for $88.50 per ton. All tons will be mined utilizing the underground mining method.
ARTICLE I. LEASE OF SURFACE PROPERTYSurface Rights Lease • December 12th, 2016 • Ramaco Resources, Inc. • Bituminous coal & lignite mining • Delaware
Assume that Operating Company desires to lease an Acquired Area from Land Company that contains 4.0 million clean tons of coal. The mining plan that is ultimately approved by Land Company indicates that Operating Company shall mine those 4.0 million clean tons of coal over a period of 15 years and shall sell those tons of coal for $88.50 per ton. All tons will be mined utilizing the underground mining method.
