Mineral proceeds definition

Mineral proceeds means amounts payable for the extraction, production, or sale of minerals, or upon the abandonment of those payments, all payments that become payable thereafter. “Mineral proceeds” includes amounts payable as follows:
Mineral proceeds means an amount payable for extraction, production, or sale of minerals, or, on the abandonment of the amount, an amount that becomes payable after abandonment. The term includes an amount payable:
Mineral proceeds means an amount payable for extraction,

Examples of Mineral proceeds in a sentence

  • Mineral proceeds are amounts payable for the extraction, production, or sale of minerals, or upon the abandonment of those payments, all payments that become payable thereafter.

  • Mineral proceeds" means amounts payable for the extraction, production, or sale of minerals or, upon the abandonment of those payments, all payments that become payable after abandonment.

  • Mineral proceeds" means an amount payable for extraction, production or sale of minerals or, on the abandonment of the amount, an amount that becomes payable after abandonment.

  • Mineral proceeds would be subject to most66 of these statutes because they are intangible personal property.

  • Mineral proceeds" means amounts payable for the extraction, production or sale of minerals, or, upon the abandonment of those payments, all payments that become payable after abandonment.


More Definitions of Mineral proceeds

Mineral proceeds means an amount payable for
Mineral proceeds means amounts payable for the extraction, production or sale of
Mineral proceeds means an obligation:
Mineral proceeds means an amount payable:
Mineral proceeds means all obligations to pay resulting from the production and sale of minerals, including net revenue interest, royalties, overriding royalties, production payments, and joint operating agreements and all obligations for the acquisition and retention of a mineral lease, including bonuses, delay rentals, shut-in royalties, and minimum royalties.
Mineral proceeds means amounts payable for the
Mineral proceeds means the same as that term is defined in Section 67-4a-102.