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<br /> <br /> <br />of cool to be paid for by Lessee under this paragraph shell <br />be calculated on an acre basis, using the average number of <br />tons pet acre recovery and the average F.O.B. mine selling <br />price obtained by Lessee during the last twelve months next <br />~ ~ preceding the date of the loss hereunder, for rnal mined <br />! from said proximity, but not lnelud ing the area of lost <br />. coal; end payment for said coal shall be made within one <br />• month of the loss. The Lessee shall not .be required to pay <br />_ for coal which is required to be left in place by law or by <br />exceptions and reservations herein contained or for coal <br />rendered unmineable due to faults or want areas in the seam. <br />~ ARTICLE 7 - Payment of Production Royalties <br />The production royalties payable hereunder as set <br />forth in the Ancillary Agreement shall be paid on or befora~,~ <br />the 25th day of each calendar month for all coal mined and <br />re.~oved from or used on the Property during the preceding <br />' calendar month. ' <br />ARTICLE B - Weights Governing Payment for Conl <br />Lessee shall, on or before the 25th day of each <br />month, furnish to Lessor a report showing the quantity of <br />coal mined and shipped, sold or used during the preceding <br />calendar month, using the weights furnished by the company <br />over whose railway the coal was shipped for all coal so <br />mined and shipped by rail or the weights furnished by the <br />purchaser. The report shall show the gross selling price <br />received for said coal and shall be accompanied by copies of <br />' all the railroad or purchaser weight determination sheets. <br />The report shall show separately the nwrber of tons mined by <br />strip, deep or other methods. If any coal from the Property <br />is used thereon or sold locally, such coal shell be weighed <br />on accurate scales, and the scale weights shall govern, and <br />- 15 - <br />(Rev. 5/86) <br />