
Description
Imerys will convey any and all mineral rights it has in the property, and it will reserve a royalty interest equal to 15% of the gross income from any minerals extracted from the property and sold after closing. This royalty reservation will be included in the conveyance quitclaim deed from Imerys to the buyer.
School Ratings & Info
Description
Imerys will convey any and all mineral rights it has in the property, and it will reserve a royalty interest equal to 15% of the gross income from any minerals extracted from the property and sold after closing. This royalty reservation will be included in the conveyance quitclaim deed from Imerys to the buyer.
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