Question

meaning of short working recovery​

Answer 1

Usually, in a royalty agreement, a further provision is included about the recoupment of short-working, i.e., the lessor allows the lessee the right to carry forward and set off the short-working against the excess or surplus of royalties over the Minimum Rent in the subsequent years.

Answer 2

Qᴜᴇsᴛɪᴏɴ-

meaning of short working recovery?

Aɴsᴡᴇʀ-

Recoupment of Short-working:

Usually, in a royalty agreement, a further provision is included about the recoupment of short-working, i.e., the lessor allows the lessee the right to carry forward and set off the short-working against the excess or surplus of royalties over the Minimum Rent in the subsequent years.

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