Joint Election For Refundable Taxes. Effective as of the Effective Date, the Parties elect jointly to have the Operator or any successor to the initial Operator, account for any refundable taxes in the nature of value added tax, goods and services tax or other sales taxes in the course of any joint venture activity attributable to the electing participants pursuant to Subsection 273(1) of the Excise Tax Act or other applicable Regulations.
Appears in 10 contracts
Samples: Pooling Agreement, Pooling Agreement, Pooling Agreement
Joint Election For Refundable Taxes. Effective as of the Effective Date, the Parties hereby elect jointly to have the Operator or any successor to the initial Operator, account for any refundable taxes in the nature of value added tax, goods and services tax or other sales taxes in the course of any joint venture activity attributable to the electing participants pursuant to Subsection 273(1) of the Excise Tax Act or other applicable Regulations.
Appears in 3 contracts
Samples: Joint Operating Agreement, Joint Operating Agreement, Joint Operating Agreement
