Common use of Wheelage Clause in Contracts

Wheelage. Lessee shall have the right to haul, transport and load coal produced by it from the Leased Premises, together with the necessary men, material and equipment on, over, under and through the Leased Premises. If any coal is mined and removed from coal tracts located beyond or outside the confines of the Leased Premises, Lessee shall pay to Lessor a wheelage or haulage charge of [_*_] cents ($[_*_]) per ton for such coal hauled, transported or loaded on, over or through the Leased Premises, payable at the same time as the payment date for Production Royalties described in section 3.03. Upon termination of this Lease for any reason other than default by Lessee, Lessee may elect to continue such rights only as to underground haulageways then in existence, from year to year, provided Lessee continues to pay such wheelage charge.

Appears in 2 contracts

Sources: Coal Lease Agreement, Coal Lease Agreement (International Coal Group, Inc.)