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PERMFILE48399
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PERMFILE48399
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Entry Properties
Last modified
8/24/2016 10:50:22 PM
Creation date
11/20/2007 1:35:13 PM
Metadata
Fields
Template:
DRMS Permit Index
Permit No
C1991078
IBM Index Class Name
Permit File
Doc Date
12/11/2001
Section_Exhibit Name
EXHIBIT 01 COAL MINE LEASES
Media Type
D
Archive
No
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• coal sale, such questions shall be submitted to arbitration <br />in accordance with the rules of the American Arbitration <br />Association for determination as set Yorth in Article XIII <br />below. <br />3.6 Disbursements. All payments required under this <br />Lease shall be paid directly to Lessor at the address listed <br />above or at such other address as directed, in writing, by <br />Lessor. <br />ARTICLE IV <br />ESSER INTERE <br />4.1 Lesser Interests. If Lessor owns an interest in <br />the Coal underlying the Leased Premises less than the entire <br />and undivided Coal estate therein, then the Annual Minimum <br />Royalty and Production Royalty shall be due Lessor only in <br />the proportion that its interests bears to the whole and <br />undivided Coal estate. Such Annual Minimum Royalty shall be <br />increased on the next Anniversary Date after the acquisition <br />of any reversionary interest or after-acquired title to <br />• reflect the interest so acquired, and Lessor agrees to notify <br />Lessee in writing upon acquisition of any additional interest <br />in the Leased Premises, whether by reversion or <br />after-acquired title. IY such additional acquisition occurs <br />after production is obtained, then the Production Royalty <br />shall be increased to reflect the interest so acquired. (See <br />Addendum A attached, if applicable.) <br />ARTICLE V <br />MANNER OF MINING <br />5.1 Permits. Licenses. Etc. Lessee agrees to~obtain <br />and keep in force all permits, licenses, certificates, <br />approvals or other permissions as may be legally required for <br />it to engage lawfully in the operations hereunder. Lessee <br />shall conduct its operations in a careful and minerlike <br />manner and shall comply with all laws, rules and regulations <br />of federal, state and local governments which may pex~ain to <br />• the operations contemplated by this Lease; provided however, <br />that Lessee shall indemnify and hold harmless Lessor from all <br />liabilities which may arise from the conduct of its <br />5 <br />
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