Production Taxes definition

Production Taxes means all ad valorem, property, production, excise, net proceeds, severance, windfall profit and all other taxes and similar obligations assessed against the Assets or based upon or measured by the ownership of the Assets or the production of Hydrocarbons or the receipt of proceeds therefrom, other than income taxes.
Production Taxes means any and all severance, production, gathering, Btu or gas, transportation, gross receipts, utility, excise, and other similar taxes (other than income taxes) relating to the production, gathering, or transportation of Hydrocarbons, or increases therein, and any interest or penalties thereon.
Production Taxes means severance, production and similar Taxes based upon or measured by the production of Hydrocarbons.

Examples of Production Taxes in a sentence

  • Seller will pay all taxes, fees, penalties, and assessments (including Production Taxes) attributable to Gas or any other activity or facility prior to the Delivery Point, but not Excess Taxes.

  • However, the Per Barrel Royalty will not have a positive value if the West Texas Intermediate Price is less than the sum of the per barrel Chargeable Costs and per barrel Production Taxes, appropriately adjusted in accordance with the Overriding Royalty Conveyance.

  • Millions of euros Production Taxes entitlement Signature, discovery and production bonuses License fees, rental fees and other considerations for licenses and/or concessions Other(1) TOTAL Africa5 .

  • The portion of Non-Income Taxes and Production Taxes to be borne by Seller and not paid by Seller on or prior to Closing shall be satisfied by a downward adjustment to the Purchase Price pursuant to Section 7.02(b)(iv).

  • All Non-Income Taxes and Production Taxes with respect to the ownership or operation of the Assets arising on or after the Closing Date (including all Straddle Period Taxes not apportioned to Seller) shall be allocated to and borne by Buyer.


More Definitions of Production Taxes

Production Taxes means the tax defined and set by AS 43.55.016, as amended from time to time.
Production Taxes has the meaning set forth in Section 6.16.
Production Taxes means all Severance Taxes and Property Taxes;
Production Taxes has the meaning assigned to it in Section 7.1(b).
Production Taxes means all ad valorem, property, production, severance, sales, use, transfer, and similar Taxes based upon or measured by the ownership or operation of the Conveyed Properties (including any such Taxes imposed on Oakfield with respect to the Oakfield Assets) or the production of Hydrocarbons therefrom, but excluding any Income Taxes and Transfer Taxes.
Production Taxes means all severance, gross production, ad valorem, occupation, mortgage and other taxes or assessments of any kind whatsoever, imposed upon the Dedicated Interests or the production of Hydrocarbons from the Dedicated Interests, other than income or franchise taxes.
Production Taxes has the meaning set forth in Section 11.2.