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.

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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 all Severance Taxes and Property Taxes;

Examples of Production Taxes in a sentence

Production Taxes and similar Taxes measured by units or value of production, and severance Taxes, shall be apportioned to Sellers based on the amount or value of Hydrocarbons actually produced before the Effective Time and to Buyer based on the amount or value of Hydrocarbons actually produced at or after the Effective Time.
Seller shall pay to Buyer on demand Seller’s portion of all Production Taxes prorated to Seller under this Section 14.1 but paid by Buyer to the extent not taken into account under Section 3.2(b)(iii).
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.
Production Taxes in existence on the Effective Date or subsequently imposed shall be computed at defined statutory rates.
Grantor hereby agrees to pay to the appropriate taxing authorities when due all Production Taxes in respect of the Royalty Interest, except those Production Taxes which Grantor is contesting in good faith and which Grantor is not required to then pay by law.

More Definitions of Production Taxes

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

Production Taxes has the meaning set forth in Section 6.16.

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

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 defined and set by AS 43.55.011, as amended, replaced, or supplemented from time to time after the date hereof.