§ 1202.352 Minimum royalty.
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Title 30 CFR: Mineral Resources › Chapter XII: OFFICE OF NATURAL RESOURCES REVENUE, DEPARTMENT OF THE INTERIOR › Part 1202: ROYALTIES › Subpart H: Geothermal Resources › § 1202.352: § 1202.352 Minimum royalty.
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In no event shall the lessee's annual royalty payments for any producing lease be less than the minimum royalty established by the lease.
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