Common use of Production and Ad Valorem Taxes Clause in Contracts

Production and Ad Valorem Taxes. All ad valorem, property, production, severance and similar taxes based on or measured by the ownership of property or the production or removal of hydrocarbons or the receipt of proceeds therefrom have been timely paid and all required returns and reports related thereto filed.

Appears in 5 contracts

Samples: Sale and Purchase Agreement (RLP Gulf States LLC), Stock Purchase Agreement (RLP Gulf States LLC), Stock Purchase Agreement (Oneok Inc)

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Production and Ad Valorem Taxes. All amounts that are due or past due for ad valorem, property, production, severance and similar taxes based on or measured by the ownership of property or the production or removal of hydrocarbons or the receipt of proceeds therefrom have been timely paid and all required returns and reports related thereto that are due or past due have been filed.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Ram Energy Resources Inc)

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Production and Ad Valorem Taxes. All ad valorem, property, production, severance and similar taxes based on or measured by the ownership of property or the production or removal of hydrocarbons hydrocar­bons or the receipt of proceeds therefrom have been timely paid and all required returns and reports related thereto filed.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Ram Energy Resources Inc)

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