Royalty and Taxes Sample Clauses

Royalty and Taxes. 5A.1 Licensee will pay to MSD an earned royalty at the rate of five percent (5%) of aggregate Net Sales of Products sold by Licensee or its Affiliates to a governmental entity or Public Purchasers in the Territory in each calendar year, and ten percent (10%) of aggregate Net Sales of Products sold by Licensee or its Affiliates to a commercial entity in the Territory in each calendar year and be recorded in the manner further described in Appendix 3 of this Agreement.
AutoNDA by SimpleDocs
Royalty and Taxes. 15.1 Producer shall have the sole and exclusive obligation and liability for the payment of all persons due any proceeds derived from the Gas delivered under this Agreement, including royalties, overriding royalties, and similar interests, in accordance with the provisions of the leases or agreements creating those rights to proceeds. In no event will MarkWest have any obligation to those persons due any of those proceeds of production attributable to the Gas under this Agreement.
Royalty and Taxes. 13.1 Antero shall have the sole and exclusive obligation and liability for the payment of all persons due any proceeds derived from the Gas delivered under this Agreement, including royalties, overriding royalties, and similar interests, in accordance with the provisions of the leases or agreements creating those rights to proceeds. In no event will MarkWest have any obligation to those persons due any of those proceeds of production attributable to the Gas under this Agreement.
Royalty and Taxes. 13.1. Processing Customer shall have the sole and exclusive obligation and liability for the payment of all persons due any proceeds derived from the Gas delivered under this Agreement, including royalties, overriding royalties, and similar interests, in accordance with the provisions of the leases or agreements creating those rights to proceeds. In no event will Processor have any obligation to those persons due any of those proceeds of production attributable to the Gas under this Agreement.
Royalty and Taxes. 14.1 Seller agrees to account and pay to the lessors or royalty owners under its leases, in strict accordance with the provisions thereof, the royalty on the gas sold and delivered hereunder to Buyer.
Royalty and Taxes. 26 16 INSURANCE . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 27
Royalty and Taxes. 15.1 Xxx shall have the sole and exclusive obligation and liability for the payment of all persons due any proceeds derived from the Gas delivered under this Agreement, including royalties, overriding royalties, and similar interests, in accordance with the provisions of the leases or agreements creating those rights to proceeds. In no event will Keystone have any obligation to those persons due any of those proceeds of production attributable to the Gas under this Agreement.
AutoNDA by SimpleDocs
Royalty and Taxes. Producer agrees to pay, or cause to be paid, all taxes and assessments lawfully levied and imposed upon Producer with respect to the gas delivered hereunder prior to its delivery to Processor. Processor agrees to pay, or cause to be paid, all taxes and assessments lawfully levied and imposed upon Processor with respect to the gas delivered hereunder after its receipt by Processor. Neither party shall be responsible or liable for any taxes or other statutory charges levied or assessed against any of the facilities of the other party used for the purpose of carrying out the provisions of this Contract.
Royalty and Taxes. 13.1. Producer shall have the sole and exclusive obligation and liability for the payment of all persons due any proceeds derived from the Gas 8 of General Terms and Conditions delivered under this Agreement, including royalties, overriding royalties, and similar interests, in accordance with the provisions of the leases or agreements creating those rights to proceeds. In no event will Processor have any obligation to those persons due any of those proceeds of production attributable to the Gas under this Agreement.
Royalty and Taxes. 15.1 Shipper shall be responsible for making all payments accruing from the production and/or delivery of gas hereunder (including, without limitation, on the Residue Gas and Shipper’s allocated share of Products and liquid hydrocarbons recovered from Condensate) to the owners of all royalties, overriding royalties, bonus payments and production payments as well as any and all taxes that may be levied or assessed against such production and/or delivery of gas hereunder and shall hold Gatherer harmless therefrom; provided however, if Gatherer is responsible under the law to report and pay any such taxes on behalf of Shipper, Gatherer shall do so and Shipper shall promptly reimburse Gatherer for same and shall furnish Gatherer on a timely basis all information necessary to timely and accurately report and pay such taxes and shall hold Gatherer harmless from all interest and penalties that may be levied or assessed due to late or inaccurate reporting and payment that results from Shipper’s failure to provide any such necessary information.
Time is Money Join Law Insider Premium to draft better contracts faster.