Royalties, Production Taxes and Other Payments Based on Production. All required payments of production royalties, taxes based on production of Products, and other payments out of production payable or deliverable to private parties and governmental entities shall be determined and made by the Manager on behalf of the Venture.
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Royalties, Production Taxes and Other Payments Based on Production. All required payments of production royalties, taxes based on production of Products, and other payments out of production payable or deliverable to private parties and governmental entities shall be determined and made by the Manager on behalf of each Participant in proportion to its Participating Interest, and charged against each Participant’s interest in the Ventureproduction of Products.
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Royalties, Production Taxes and Other Payments Based on Production. All required payments of production royalties, taxes based on production of Products, and other payments out of production payable or deliverable to private parties and governmental entities shall be determined and made by the Manager from the Business Account on behalf of the Ventureeach Participant in proportion to its Participating Interest.
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Royalties, Production Taxes and Other Payments Based on Production. All required payments of production royalties, taxes based on production of Products, and other payments out of production payable or deliverable to private parties and governmental entities shall be determined and made by the Company, and the Manager on behalf undertakes to make such payments timely and otherwise in accordance with applicable Laws and agreements. The Manager shall furnish to the Members evidence of the Venturetimely payment for all such required payments.
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Samples: Operating Agreement (Crosshair Exploration & Mining Corp)