Mineral Rights Purchase And Sale Agreement Template for India

1. Foreign Investment Provisions: Required when buyer includes foreign entities, addressing FEMA compliance and regulatory requirements

2. Tribal Rights Provisions: Required when mineral rights are in scheduled areas, addressing PESA compliance and tribal consultations

3. Royalty Arrangements: Used when the deal includes ongoing royalty payments rather than just a one-time purchase price

4. Surface Rights: Required when surface rights are included in the transaction or specific access arrangements are needed

5. State-Specific Provisions: Required to address specific state mining laws and regulations applicable to the property

6. Transition Services: Used when seller will provide operational support post-completion

7. Employee Matters: Required when the transaction includes transfer of employees or labor obligations

8. Security Arrangements: Used when purchase price is paid in installments or there are ongoing obligations requiring security

1. Property Description: Detailed technical description of the mineral rights area, including maps and coordinates

2. Existing Permits and Licenses: List and copies of all current mining permits, environmental clearances, and other authorizations

3. Purchase Price Calculations: Detailed breakdown of purchase price components and adjustment mechanisms

4. Due Diligence Documents: List of documents provided or to be provided for due diligence

5. Completion Checklist: List of all documents and actions required for completion

6. Environmental Reports: Summary of environmental assessments and compliance reports

7. Encumbrances: Details of any existing encumbrances, liens, or disputes affecting the mineral rights

8. Required Regulatory Approvals: List of all regulatory approvals required for the transaction

9. Form of Transfer Instruments: Templates of documents required to effect the transfer of mineral rights