Gross definition

Gross means the weight or the concentration contained in the discharge. (Unless a limitation is specified as a net limitation, the limitation contained in this permit is a gross limitation).
Gross or "gross" means:
Gross means: (a) in relation to an issuer's interest in production or reserves, its "company gross reserves", which are its working interest (operating or non-operating) share before deduction of royalties and without including any royalty interests of the issuer; (b) in relation to wells, the total number of wells in which an issuer has an interest; and (c) in relation to properties, the total area of properties in which an issuer has an interest.

Examples of Gross in a sentence

  • Auditors have the right to review books, records, and contracts of Company and where applicable, all individuals or business entities who are party to this Agreement, to substantiate the accuracy of reported Gross Receipts and Company’s compliance with other provisions of this Agreement.

  • When conducted by an independent certified public accountant, there may be no limitation on the scope of the engagement that would preclude the auditor from expressing an unqualified opinion as to the correctness and completeness of the reported Gross Receipts and Percentage Privilege Fees due and paid.

  • If the PPF previously invoiced by the Authority for the applicable period exceeds the PPF calculated on the certified Gross Receipts, the Authority will issue a credit memo indicating that the overpayment will be credited to the fees next thereafter due from Company.

  • The engagement will be conducted in accordance with generally accepted auditing standards and shall include an opinion on whether the Gross Receipts and Percentage Privilege Fees have been completely and accurately presented, calculated and reported according to the terms of this Agreement.

  • Maintenance Fund: 0.5% of Gross Labor Payroll Local NECA Dues: 1% of Gross Labor Payroll Present differentials shall be maintained in accordance with present Agreement as follows: Technician shall be 115% of the Installer rate and Sr. Technician shall be 125% of the Installer rate.


More Definitions of Gross

Gross reserves means the total working and royalty interest share of remaining recoverable reserves owned by Baytex before deductions of royalties payable to others.
Gross wells means the number of wells in which Paramount has a working interest or a royalty interest that may be converted to a working interest.
Gross means without those set-offs and other adjustments.
Gross means the total acreage in which Vermilion has a working interest, directly or indirectly.
Gross wells means the number of wells in which the Corporation has a working interest.
Gross means acres in which the Company has an interest.
Gross wells means the number of wells in which Trilogy has a working interest or a royalty interest.