Examples of Underlying Properties in a sentence
The Underlying Properties and the Trust’s net profits and royalty interests are described in the Trust’s filings with the Securities and Exchange Commission (the “SEC”).
Contingencies related to the Underlying Properties that are unfavorably resolved would generally be reflected by the Trust as reductions to future royalty income payments to the Trust with corresponding reductions to cash distributions to Unit holders.
The Underlying Properties and the Trust’s net profits and royalty interests are described in the Trust’s filings with the SEC.
The Underlying Properties include the interests of Boaz Energy in some of the minerals covered by those leases.
Contingencies related to the Underlying Properties that are unfavorably resolved would generally be expected to result in reductions to cash receipts to the Trust in respect of the Net Profits Interest with corresponding reductions to cash distributions to Trust unitholders.