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STATE LEASEMF102011 BASELINE 000000SURVEY BLOCK TOWNSHIP SECTION/TRACT: PART ACRES DEPTH LIMITS Rentals: Lease Admin: Mineral Maps:i×LESSEE LEASE DATE PRIMARY TERM BONUS ($) RENTAL ($) ROYALTY VAR
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What is primary term?
Primary term refers to an initial period of time specified in a contract or agreement.
Who is required to file primary term?
The party or parties involved in the contract or agreement are required to file the primary term.
How to fill out primary term?
The primary term can be filled out by providing the necessary information and signatures as outlined in the contract or agreement.
What is the purpose of primary term?
The primary term sets the foundation for the rest of the contract or agreement by establishing the initial period of time.
What information must be reported on primary term?
The primary term should include details such as start and end dates, obligations of parties, and any special conditions.
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