Extraction Taxes definition

Extraction Taxes means sales, use, value added, gross receipts, ad valorem, severance, any taxation on the net proceeds of mining operations and other taxes payable in respect to severance, production, removal, sale or disposition of the Crude Ore or Concentrates, but excluding any taxes on net income.
Extraction Taxes means sales, use, gross receipts, ad valorem, severance and other taxes due and payable in respect to severance, production, removal, sale or disposition of the Oil Products, but excluding any taxes on net income. Oil Products shall be deemed sold at the time the money is actually received by Lessee unless transferred by Lessee to an affiliate. The price received for the Oil Products sold in an "arms length transaction" shall be presumed to be "Market Value" unless rebutted by a preponderance of the evidence. For purpose of this paragraph, "arm's length transaction" means a transaction that has been arrived at in the market place between independent, nonaffiliated persons with opposing economic interests regarding that transaction.
Extraction Taxes shall refer to sales, use, gross receipts, ad valorem, severance and other taxes due and payable in respect to severance, production, removal, sale or disposition of the tar sands and Product, but excluding any taxes on net income.

Examples of Extraction Taxes in a sentence

  • The term "Extraction Taxes" means sales, use, gross receipts, ad valorem, severance and other taxes due and payable in respect to severance, production, removal, sale or disposition of the Oil Products, but excluding any taxes on net income.

  • Data collected on participants who screen out will be kept in order to have an accurate record of the rate of enrollment among those screened for participation and to be able to identify reasons why potential participants are ineligible.

  • If Crude Ore or Concentrates are sold or transferred by Bolsa to an Affiliate, the "Net Smelter Returns" shall mean an amount equal to that which would have been received by Bolsa from a bona fide third party purchaser in an arms-length transaction for an identical product less Transportation Costs, Processing Costs and Extraction Taxes incurred by Bolsa.

  • Similar plots for sannaite and camptonite samples do not show any fractionation between LIL and HFS elements, with patterns showing typical positive spikes at Ti, and negative ones at Pb (Fig.

  • If Crude Ore or Concentrates are sold by Bolsa to a third party that is not an Affiliate of Bolsa, the "Net Smelter Returns" shall mean the Proceeds received from such sale by Bolsa, less, to the extent borne by Bolsa, sales and brokerage costs, Transportation Costs, Processing Costs and Extraction Taxes.

  • If Crude Ore or Concentrates are sold by Minera to a third party that is not an Affiliate of Minera, the Net Smelter Returns shall mean the Proceeds received from such sale by Minera, less, to the extent borne by Minera, sales and brokerage costs, Transportation Costs, Processing Costs and Extraction Taxes.

  • Mineral Extraction Taxes (“MET”) are calculated by reference to Urals oil prices and are therefore directly influenced by this.

  • If Crude Ore or Concentrates are sold by Minera to a third party that is not an Affiliate of Minera, the "Net Smelter Returns" shall mean the Proceeds received from such sale by Minera, less, to the extent borne by Minera, sales and brokerage costs, Transportation Costs, Processing Costs and Extraction Taxes.

  • Countries have made some progress in addressing violence against women and girls.

  • If Crude Ore or Concentrates are sold or transferred by Bolsa to an Affiliate, they shall be deemed sold by Bolsa at the time of delivery to the Affiliate, and the Net Smelter Returns shall mean an amount equal to that which would have been received by Bolsa from a bona fide third party purchaser in an arms-length transaction for an identical product less Transportation Costs, Processing Costs and Extraction Taxes incurred by Bolsa.

Related to Extraction Taxes

  • Transaction Taxes has the meaning set forth in Section 2.6.

  • Distribution Taxes means any Taxes incurred solely as a result of the failure of the Intended Tax Treatment of the Restructuring, the Contribution or the Distribution.

  • Other Connection Taxes means, with respect to any Recipient, Taxes imposed as a result of a present or former connection between such Recipient and the jurisdiction imposing such Tax (other than connections arising from such Recipient having executed, delivered, become a party to, performed its obligations under, received payments under, received or perfected a security interest under, engaged in any other transaction pursuant to or enforced any Loan Document, or sold or assigned an interest in any Loan or Loan Document).

  • Foreign taxes means value-added taxes and custom duties assessed by a foreign government on a commodity. It does not include foreign sales taxes.

  • Seller’s Taxes shall have the meaning set forth in Section 5.4(a) hereof.

  • non-taxable territory means the territory which is outside the taxable territory;

  • Canadian Taxes has the meaning specified in Section 11.05.

  • Pre-Distribution Tax Period means any taxable period (or portion thereof) that ends on or before the Distribution Date.

  • Asset Taxes means all ad valorem, property, excise, severance, production or similar Taxes (including any interest, fine, penalty or addition to Tax imposed by a taxing authority in connection with such Taxes) based upon operation or ownership of the Assets or the production of Hydrocarbons therefrom but excluding, for the avoidance of doubt, (a) income, capital gains, franchise and similar Taxes and (b) Transfer Taxes.

  • Post-Distribution Tax Period means a Tax year beginning and ending after the Distribution Date.

  • Local taxes means all taxes levied other than taxes levied for school operating purposes.

  • Transaction Tax Deductions means, to the extent Tax deductible for Income Tax purposes, all compensation attributable to payments by a Company or Company Subsidiary on or prior to the Closing Date, including employee transaction-related bonuses, change of control payments, and severance payments, resulting from or related to the consummation of the Contemplated Transactions that are charged to Sellers as part of the Transaction Expenses.

  • Income Taxes means any Tax which is based upon, measured by, or calculated with respect to (i) net income or profits (including, but not limited to, any capital gains, gross receipts, value added or minimum Tax) or (ii) multiple bases (including, but not limited to, corporate franchise, doing business or occupation Taxes) if one or more of the bases upon which such Tax may be based, by which it may be measured, or with respect to which it may be calculated is described in clause (i) of this sentence.

  • Seller Taxes has the meaning set forth in Section 11.1(f).

  • Conveyance Taxes means all sales, use, value added, transfer, stamp, stock transfer, real property transfer or gains and similar Taxes.

  • Transfer Taxes has the meaning set forth in Section 6.05.

  • U.S. Taxes means any present or future tax, assessment or other charge or levy imposed by or on behalf of the United States of America or any taxing authority thereof or therein.

  • Tax area means a geographic area created by the overlapping boundaries of one or more taxing entities.

  • Connection Income Taxes means Other Connection Taxes that are imposed on or measured by net income (however denominated) or that are franchise Taxes or branch profits Taxes.

  • Special Taxes means any and all present or future taxes, levies, imposts, deductions, charges or withholdings, or any liabilities with respect thereto, including those arising after the date hereof as result of the adoption of or any change in law, treaty, rule, regulation, guideline or determination of a Governmental Authority or any change in the interpretation or application thereof by a Governmental Authority but excluding, in the case of Lender, such taxes (including income taxes, franchise taxes and branch profit taxes) as are imposed on or measured by Lender’s net income by the United States of America or any Governmental Authority of the jurisdiction under the laws under which Lender is organized or maintains a lending office.

  • Sales Taxes has the meaning set forth in Section 3.2.

  • Tax or Taxes means any federal, state, provincial, local, foreign or other tax (including any income tax, franchise tax, capital gains tax, gross receipts tax, value-added tax, surtax, estimated tax, excise tax, ad valorem tax, transfer tax, stamp tax, sales tax, use tax, property tax, withholding tax or payroll tax), and any related fine, penalty or interest, imposed, assessed or collected by or under the authority of any governmental body, whether disputed or not.

  • Tax Items shall have the meaning set forth in Section 6.4.A.

  • Cash Taxes in respect of any fiscal period means amounts actually paid by the Companies in such fiscal period in respect of income and capital Taxes (whether relating to such fiscal period or any other fiscal period).

  • non-taxable supply means a supply of goods or services or both which is not leviable to tax under this Act or under the Integrated Goods and Services Tax Act;

  • Non-Income Taxes means any Taxes other than Income Taxes.