Production and Severance Taxes. Each Party shall pay, or cause to be paid, all production and severance, Windfall Profits Tax and similar taxes due on any production which it receives pursuant to the terms of this Agreement.
Appears in 2 contracts
Samples: Sale Agreement, Sale of Properties (West Texas Resources, Inc.)
Production and Severance Taxes. Each Party shall pay, or cause to be paid, all production and severance, Windfall Profits Tax and similar severance taxes due on any production which it receives pursuant to the terms of this Agreement.
Appears in 2 contracts
Samples: Offshore Operating Agreement (Ridgewood Energy L Fund LLC), Offshore Operating Agreement (Ridgewood Enengy K Fund LLC)
Production and Severance Taxes. Each Party shall pay, or cause to be paid, all production and production, severance, Windfall Profits Tax and similar taxes excise taxes, due on any production which it receives pursuant to the terms of this Agreement.
Appears in 1 contract
