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" A 5-percent royalty is paid on any production during the period the contract is in effect, and if the Government certifies that production may be possible from the property, the royalty obligation continues until the Government's contribution is repaid... "
Department of the Interior and Related Agencies Appropriations for 1967 ... - Page 140
by United States. Congress. House Appropriations - 1966
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Interior Department and Related Agencies Appropriations for ...: Hearings ...

United States. Congress. Senate. Committee on Appropriations - 1963 - 1744 pages
...contribution is repaid with interest, or for the 10-year period usually specified in the contract. Simple interest is calculated at a rate not less than...if it borrowed from the Treasury, plus a 2-percent interest charge in lieu of the actual cost to the Government of administering the contract. Accomplishments...
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Interior Department and Related Agencies Appropriations for ...: Hearings ...

United States. Congress. Senate. Committee on Appropriations - 1962 - 1362 pages
...contribution is repaid with interest, or for the 10-year period usually specified in the contract. Simple interest is calculated at a rate not less than...required to pay if it borrowed from the Treasury, plus a 2 percent interest charge in lieu of the actual cost to the Government of administering the contract....
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Hearings: Interior Dept

United States. Congress. House. Committee on Appropriations - 1964 - 2340 pages
...period the contract is in effect, and if the Government certifies that production may be possible from the property, the royalty obligation continues until...Government's contribution is repaid with interest, or for the 10-year period usually specified in the contract. Simple interest is calculated at a rate not less...
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The Code of Federal Regulations of the United States of America

1986 - 308 pages
...of interest shall be fixed by the Secretary at not less than the rate the Department of the Interior would be required to pay if it borrowed from the Treasury, plus a two percent interest charge in lieu of the actual cost to the Government of administering the contract....
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Hearings: Interior Dept

United States. Congress. House. Committee on Appropriations - 1959 - 1620 pages
...of interest shall be fixed by the Secretary at not less than the rate the Department of the Interior would be required to pay if it borrowed from the Treasury, plus a two percent interest charge in lieu of the actual cost to the Government of administering the contract....
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Department of the Interior and Related Agencies Appropriations for 1960 ...

United States. Congress. House. Committee on Appropriations. Subcommittee on Department of the Interior and Related Agencies, United States. Congress. House. Committee on Appropriations - 1959 - 1430 pages
...of interest shall be fixed by the Secretary at not less than the rate the Department of the Interior would be required to pay if it borrowed from the Treasury, plus a two percent interest charge in lieu of the actual cost to the Government of administering the contract....
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Department of the Interior and Related Agencies Appropriations for 1961 ...

United States. Congress. House. Committee on Appropriations - 1960 - 1602 pages
...(usually 10 years from date of contract but not more than 25 years) has elapsed, whichever occurs first. Simple interest is calculated at a rate not less than...if it borrowed from the Treasury, plus a 2-percent interest charge in lieu of the actual cost to the Government of administering the contract. PKESENT...
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Hearings: Interior Dept

United States. Congress. House. Committee on Appropriations - 1960 - 1696 pages
...(usually 10 years from date of contract but not more than 25 years) has elapsed, whichever occurs first. Simple interest is calculated at a rate not less than...If it borrowed from the Treasury, plus a 2-percent interest charge in lieu of the actual cost to the Government of administering the contract. PRESENT...
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Interior Department and Related Agencies Appropriations for 1961, Hearings ...

United States. Congress. Senate. Appropriations Committee - 1960 - 1146 pages
...(usually 10 years from date of contract but not more than 25 years) has elapsed, whichever occurs first. Simple interest is calculated at a rate not less than...required to pay if it borrowed from the Treasury, plus a 2 percent interest charge in lieu of the actual cost to the Government of administering the contract....
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Interior Department and Related Agencies Appropriations for 1961 ..., Part 2

United States. Congress. Senate. Committee on Appropriations - 1961 - 1152 pages
...(usually 10 years from date of contract but not more than 25 years) has elapsed, whichever occurs first. Simple interest is calculated at a rate not less than...required to pay if it borrowed from the Treasury, plus a 2 percent interest charge in lieu of the actual cost to the Government of administering the contract....
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