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 all Severance Taxes and Property Taxes;

Production Taxes shall have the meaning set forth in Section 4.17.

Examples of Production Taxes in a sentence

• Except as otherwise provided in Section 15.1 and Section 15.2, Purchaser shall file all Tax Returns with respect to Property and Production Taxes and pay all Property and Production Taxes with respect to the Straddle Period and all tax periods that begin after the Effective Time.

• Any Production Taxes allocable under Sections 9.2 and 9.3 to periods after the Effective Time and paid by Seller on or prior to the Closing Date shall be for the account of Seller.

• Seller shall promptly forward to Purchaser any reports or documents received by Seller after the Closing that relate to the Straddle Period, and provide any information in Seller’s possession or control that relate to the Straddle Period that is necessary for Purchaser to file any Tax Returns relating to Property and Production Taxes with respect to the Straddle Period.

• Except to the extent relating to (a) any Environmental Laws (which are covered by Section 8.5); (b) any rentals or Royalties (which are covered by Section 8.4); and (c) any Property and Production Taxes (which are covered by Section 8.7), and except as set forth in Section 8.9 of the Disclosure Schedule, to the Knowledge of Seller, Seller has not received written notice of any material continuing or uncured violation on the part of Seller of any Laws applicable to the Acquired Assets.

• Except as set forth in Schedule 6.16, all returns with respect to Production Taxes that are required to be filed by Seller have been timely filed and there are no audits, investigations, litigation or other proceedings pending, or, to the Knowledge of Seller, threatened, against Seller before any Governmental Authority relating to the payment of any Production Taxes imposed or based on Seller’s interest in the Properties or Hydrocarbons produced from such interest in the Properties.

More Definitions of Production Taxes

Production Taxes means severance, production and similar Taxes based upon or measured by the production of Hydrocarbons.

Production Taxes means all federal, state or local taxes, assessments, levies or other charges, which are imposed upon production from the Oil and Gas Properties, including, without limitation, excise taxes on production, severance or gross production, as well as any interest, penalties and fines assessed or due in respect of any such taxes, whether disputed or not.

Production Taxes means the tax defined and set by AS 43.55.016, as amended from time to time.

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 has the meaning assigned to it in Section 7.1(b).

Production Taxes means (a) all windfall profit taxes, state, provincial and local severance taxes and all other taxes, excluding income taxes, and (b) all ad valorem taxes and other taxes, excluding income taxes, imposed on the Facility or Assignor and/or its Affiliates' interest therein.

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.