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Additional Rent to be reserved.
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XVII. It shall not be lawful for the said Commissioners to execute or affix their Common Seal to such Grant or Conveyance as last aforesaid, unless there be a proper Clause or Clauses inserted therein, providing that (over and above the Rent which under the Provisions of the Acts herein-before mentioned, or any of them, is required to be reserved) an additional Rent shall become payable to the Archbishop, Bishop, or other Ecclesiastical Corporation Sole, or to the said Ecclesiastical Commissioners, as the Case may be, in the event of such Mines or Quarries being at any future Time opened and worked, or any Profit or Produce being derived therefrom, and which Rent shall be equivalent to One Moiety of any Royalty or other Rent which shall be reserved by or under any Contract or Lease which the Tenant of said Lands and Premises, his Heirs or Assigns, shall at any Time or from Time to Time hereafter make or execute with or to any Person or Persons who shall undertake the opening or working of such Mines or Quarries; and in case such Tenant, his Heirs or Assigns, shall not make or execute any such Contractor Lease as aforesaid, but shall by himself or themselves, and his or their Agents or Workmen, open and work the said Mines or Quarries, then the said additional Rent shall be equivalent to One Moiety of the Royalty Rent heretofore usually reserved by the said Ecclesiastical Commissioners in Leases of Mines or Quarries of a like Nature and under like Circumstances, and shall be subject to be increased or diminished at the Expiration of Twenty-one Years from the Time when the same shall first become payable as aforesaid, according to the Increase or Diminution of the Net Profits or Produce which shall be derived from the Working of such Mines or Quarries, and shall be subject to a like Variation at the Expiration of each successive Period of Twenty-one Years.
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