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• <br /> American Fuels, Market value for purpose of cal- <br />• culating royalty payments shall be the price for <br /> which coal is sold at the minehead to the consumer <br /> thereof. For purposes hereof, the term "minehead" <br /> shall mean the point of shipment of such coal to <br /> the consumer thereof or the point at which the <br /> price for the sale of such coal to the consumer <br /> thereof is based. Calculation of tons sold shall <br /> be from scale weights of trucks or railroad cars at <br /> time of shipment. Royalties shall be paid not <br /> later than the twentieth (20th) day of the month <br /> succeeding that month in which the coal was <br /> shipped. In the event coal is mined and sold, but <br />• <br /> not shipped, American Fuels and C&U shall meet and <br /> agree on estimated payments. <br /> e) Guaranteed Tonnage <br /> American Fuels guarantees a royalty payment based <br /> on an annual volume of 50,000 tons of 2,000 pounds <br /> of coal during the term hereof. In any 12-month <br /> period commencing from the effective date hereof <br /> and for each successive year thereafter during the <br /> term of this lease, in which less than 50,000 tons <br /> of coal is shipped, American Fuels will, within 30 <br /> days thereafter, pay to C&U the royalty due. <br /> f) Audit Provisions <br />. American Fuels agrees to keep accurate records <br /> which will indicate the coal mined and the tracts <br /> from which mined. The weight of coal sold and <br /> shipped shall be accurately accounted for. <br /> - American -Fuels agrees -to permit_ an inspection of <br /> its records by C&U for purpose of verifying roy- <br /> alty payments. This will include scaI"e tickets, <br /> freight bills, sales invoices and accounting <br /> <br /> records and other such documents which are deemed <br /> <br /> necessary by CSU in this verification processing, <br />~~ <br />-4- <br />