Affecting Other Minerals Clause Samples

The "Affecting Other Minerals" clause defines how the rights and obligations established in an agreement regarding one mineral resource may impact or relate to other minerals present on the same property. Typically, this clause clarifies whether the extraction or development of a specified mineral, such as oil, gas, or coal, will interfere with or limit the rights to explore, develop, or extract other minerals found in the same area. For example, it may specify that the development of oil and gas does not restrict the mining of hard minerals, provided that such activities do not unreasonably interfere with each other. The core function of this clause is to prevent conflicts and ensure clear allocation of rights among parties with interests in different minerals, thereby reducing the risk of disputes over overlapping mineral rights.
Affecting Other Minerals. The amount of Royalty to be paid on all Other Minerals subject to hedging transactions by Operator shall be determined in the same manner as provided in Section 4.2, with the understanding that the average monthly spot price shall be for the calendar month during which Other Minerals subject to hedging transactions are delivered to or credited to the account or benefit of Operator, whichever first occurs, by the Payor.
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Affecting Other Minerals. The amount of Production Royalty payments on all Other Minerals subject to hedging transactions by Grantor shall be determined in the same manner as provided in Sections 2 and 3(b), with the understanding that the average monthly spot price shall be for the calendar month preceding the Delivery Month for such Other Minerals.
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Affecting Other Minerals. The amount of Production Royalty to be paid on all Other Minerals subject to hedging transactions by SEABRIDGE shall be determined in the same manner as provided in section 9(b), with the understanding and agreement that the average monthly spot price shall be for the calendar month preceding the calendar month during which Other Minerals subject to hedging transactions are shipped by SEABRIDGE to the Payor.
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Affecting Other Minerals. The amount of Royalty to be paid on all Other Minerals subject to Hedging Transactions by LESSEE shall be determined in the same manner as provided in Subsection 1.4, with the understanding and agreement that the average monthly spot price shall be for the calendar month preceding the calendar month during which Other Minerals subject to Hedging Transactions are shipped by LESSEE to the Payor.
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Related to Affecting Other Minerals

  • Commingling Assets The assets of your IRA cannot be commingled with other property except in a common trust fund or common investment fund.

  • Lands of Other Property Owners If any part of the Connecting Transmission Owner’s Attachment Facilities and/or System Upgrade Facilities and/or System Deliverability Upgrades is to be installed on property owned by persons other than Developer or Connecting Transmission Owner, the Connecting Transmission Owner shall at Developer’s expense use efforts, similar in nature and extent to those that it typically undertakes for its own or affiliated generation, including use of its eminent domain authority, and to the extent consistent with state law, to procure from such persons any rights of use, licenses, rights of way and easements that are necessary to construct, operate, maintain, test, inspect, replace or remove the Connecting Transmission Owner’s Attachment Facilities and/or System Upgrade Facilities and/or System Deliverability Upgrades upon such property.

  • Commingling The Seller shall not, and shall not permit any of its Affiliates to, deposit or permit the deposit of any funds that do not constitute Collections of any Loan Asset into the Interest Collection Subaccount or the Principal Collection Subaccount.

  • Environmental Attributes Seller acknowledges and agrees that any Environmental Attribute associated with or related to the Product will not be sold or otherwise made available to a third party but will be sold to Buyer pursuant to this Agreement. For the avoidance of doubt, the Product sold hereunder must meet the definition of “renewable energy credit” under the IPA Act.

  • Other Property Cause all property (other than Excluded Property) of each Loan Party to be subject at all times to first priority, perfected Liens in favor of the Administrative Agent to secure the Obligations pursuant to, and to the extent and in the manner required by, the Collateral Documents (subject to Permitted Liens) and, in connection with the foregoing, deliver to the Administrative Agent such other documentation as the Administrative Agent may request including filings and deliveries necessary to perfect such Liens, Organization Documents, resolutions and favorable opinions of counsel to such Person, all in form, content and scope reasonably satisfactory to the Administrative Agent.