...improvements over existing law : (a) The term of a coal lease would be reduced from 20 years to 10 years and for so long thereafter as coal is produced annually in "paying quantities" from that lease. Leases would be terminated if not producing in paying quantities...

...hereby amended lo rend as 25 follows : 1 "Sice. 7. (n) (1) A coal lease shall be for a term of li twenty years and for so long thereafter as coal is produced :} annually in paying quantities from that lease. The Secretary 4 shall, by regulation, prescribe annual rentals on...

...being produced in commercial quantities from those deposits, and limits the term of a coal lease to 20 years "and for so long thereafter as coal is produced annually in commercial quantities from that lease." S. 391 sets the minimum royalty at 12^ percent of the value...

...Amendments. The Leasing Amendments clearly states "* * * a coal lease shall be for a term of twenty years and for so long thereafter as coal is produced annually in commercial quantities from that lease." The Secretary does not have discretion in this matter because...

...leases for exploration, development, and extraction of coal and other bedded minerals. Leases would be for a term of 20 years and for so long thereafter as mineral was produced in paying quantities. The Secretary would have authority to set rents, royalties,...

...than 5 years each. (b) DURATION OF A PERMIT. — Each permit for commercial recovery shall be issued for a term of 20 years and for so long thereafter as hard mineral resources are recovered annually in commercial quantities from the area to which the recovery...

...than 5 years each. (b) DURATION OF A PERMIT. — Each permit for commercial recovery shall be issued for a term of 20 years and for so long thereafter as hard mineral resources are recovered annually in commercial quantities from the area to which the recovery...

...(30 USC 207) is amended to read as follows : "SEC. 7. (a) A coal lease shall be for a term of twenty years and for so long thereafter as coal is produced annually in commercial quantities from that lease. Any lease which is not producing in commercial quantities at...

...annual rentals ; royalties ; readjustment of conditions. (a) A coal lease shall be for a term of twenty years and for so long thereafter as coal is produced annually in commercial quantities from that lease. Any lease which is not producing in commercial quantities at...

...allows a company to pay for a lease in a series of installments. A coal lease is issued for an initial term of 20 years, and for so long thereafter as coal is produced annually in commercial quantities. Any lease which has not produced in commercial quantities at the end of the...