§ 3903.20 Forms of payment
§ 3903.30 Where to submit payments
§ 3903.40 Rentals
§ 3903.51 Minimum production and payments in lieu of production
§ 3903.52 Production royalties
§ 3903.53 Overriding royalties
§ 3903.54 Waiver, suspension, or reduction of rental or payments in lieu of production, or reduction of royalty, or waiver of royalty in the first 5 years of the lease
§ 3903.60 Late payment or underpayment charges

Terms Used In CFR > Title 43 > Subtitle B > Chapter II > Subchapter C > Part 3900 > Subpart 3903 - Fees, Rentals, and Royalties

  • Contract: A legal written agreement that becomes binding when signed.
  • Damages: Money paid by defendants to successful plaintiffs in civil cases to compensate the plaintiffs for their injuries.
  • Electronic funds transfer: The transfer of money between accounts by consumer electronic systems-such as automated teller machines (ATMs) and electronic payment of bills-rather than by check or cash. (Wire transfers, checks, drafts, and paper instruments do not fall into this category.) Source: OCC
  • Lease: A contract transferring the use of property or occupancy of land, space, structures, or equipment in consideration of a payment (e.g., rent). Source: OCC
  • Oversight: Committee review of the activities of a Federal agency or program.