Resource Revenues definition

Resource Revenues means the sum of Mineral Revenues, Oil and Gas Revenues, and Water Revenues due to and received by the GNWT through this Agreement as a result of the Commissioner’s administration and control of Public Lands and rights in respect of Waters and the Xxxxxx Xxxxx Royalty paid to the GNWT pursuant to section 3.51 minus any Settlement and Land Claim Agreement Payments paid or payable in respect of such revenues, but does not include amounts in respect of: (i) any payment, whether in money or in kind, to the GNWT as owner or part owner of the produced resource; (ii) any payment provided to the GNWT for the recovery of the administrative costs of an application or a service provided; or (iii) any such revenues in respect of an Encumbering Right to be accounted for and paid by the GNWT, or by the GNWT on behalf of Canada to an Aboriginal Organization pursuant to the terms of a Settlement Agreement.
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Resource Revenues means the sum of Mineral Revenues, Oil and Gas Revenues, and Water Revenues due to and received by the GN through this Agreement as a result of the Commissioner’s administration and control of Public Lands and rights in respect of Waters but does not include amounts in respect of:
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Resource Revenues means Forest Revenues, Mineral Revenues, Land Revenues and Water Revenues derived by the YTG through this Agreement as a result of the Commissioner’s administration and control of Public Land and rights in respect of Waters.
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Examples of Resource Revenues in a sentence

  • Cameroon’s 2002 Mining Code allocates 75 percent of mineral royalties to the central government and 25 percent to local authorities, while its 1999 Forestry Law evenly splits logging royalties between the local and national governments.7Table 2: Laws Governing the Management of Natural Resources and Resource Revenues in Selected African Countries Country 7 Brosio and Singh, 2013.

  • Rents, Development, and Democracy.” Comparative Politics 37: 297-317 (hereafter Herb 2005) by constructing a measure of Fiscal Reliance on Resource Revenues, the percentage of government revenues from oil, gas, or minerals.

  • Venables.2009 ―Managing Resource Revenues in Developing Countries.‖ OxCarre Research Paper 2009-14.

  • Other than as set out in this Agreement, Resource Revenues and the tax bases associated with Resource Revenues shall not be included in the calculation of the Territorial Formula Financing Payment.

  • Collier et al., ―Managing Resource Revenues in Developing Economies‖ (January 2009): http://users.ox.ac.uk/~econpco/research/pdfs/ManagingResourceRevenuesinDevelopingEconomies.pdf.Box 1.

  • Project summary: Translating Resource Revenues into Effective Services & Infrastructure.

  • Revenue Management and Distribution Addressing the Special Challenges of Resource Revenues To Generate Lasting Benefits Available at: https://resourcegover- nance.org/sites/default/files/documents/nrgi_primer_revenue-management.pdf 21.

  • By building on the recommendationsin this report, we expect that OCP will successfully be able to achieve its planned- for further impacts in the remaining years of the Translating Resource Revenues Into Effective Services & Infrastructure project.

  • International Experiences in Managing the Risks and Realizing the Opportunities of Non-Renewable Natural Resource Revenues.

  • Mineral Resource Revenues — Certain of our projects are located in areas that are rich in natural resources, and we maintain two oil and gas exploration agreements related to mineral rights at our Summer Creek Ranch development.


More Definitions of Resource Revenues

Resource Revenues means all revenues and taxes to [general government] associated with the exploitation of natural resources, including petroleum revenues as defined in the PFM Act.
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Related to Resource Revenues

  • own-source revenue means adjusted underlying revenue other than revenue that is not under the control of council (including government grants)

  • CAISO Revenues means the credits, fees, payments, revenues, interest or similar benefits, including imbalance energy payments, that are directly assigned by the CAISO to the CAISO Global Resource ID for the Generating Facility for, or attributable to, Scheduling or deliveries from the Generating Facility under this Agreement.

  • Sales Revenue means receipts from the sale, lease, or rental of goods, services, or property;

  • Resource recovery means the recovery of material or energy from solid waste.

  • Operating Revenue means amounts accrued or charge to customers, cli- ents, and tenants, for the sale of prod- ucts manufactured or purchased for re- sale, for services, and for rentals of property held primarily for leasing to others. It includes both reimbursable costs and fees under cost-type con- tracts and percentage-of-completion sales accruals except that it includesonly the fee for management contracts under which the contractor acts essen- tially as an agent of the Government in the erection or operation of Govern- ment-owned facilities. It excludes inci- dental interest, dividends, royalty, and rental income, and proceeds from the sale of assets used in the business.

  • TIF Revenues means incremental ad valorem taxes generated on the Redevelopment Project Property by the Project which are to be allocated to and paid to the Authority pursuant to the Act.

  • Operating Revenues means, without duplication, all revenues and receipts of the Borrowers from operation of the Properties or otherwise arising in respect of the Properties which are properly allocable to the Properties for the applicable period in accordance with GAAP, including, without limitation, all hotel receipts, revenues and credit card receipts collected from guest rooms, restaurants and bars (including without limitation, service charges for employees and staff), mini-bars, meeting rooms, banquet rooms, apartments, parking and recreational facilities, health club membership fees, food and beverage wholesale and retail sales, service charges, convention services, special events, audio-visual services, boat cruises, travel agency fees, internet booking fees, telephone charges, laundry services, vending machines and otherwise, all rents, revenues and receipts now existing or hereafter arising or created out of the sale, lease, sublease, license, concession or other grant of the right of the possession, use or occupancy of all or any portion of the Properties or personalty located thereon, or rendering of service by any of the Borrowers or any operator or manager of the hotel or commercial space (including, without limitation, from the rental of any office space, retail space, guest rooms or other space, halls, stores and deposits securing reservations of such space (only to the extent such deposits are not required to be returned or refunded to the depositor)), proceeds from rental or business interruption insurance relating to business interruption or loss of income for the period in question and any other items of revenue which would be included in operating revenues under the Uniform System; but excluding proceeds from the sale of FF&E, abatements, reductions or refunds of real estate or personal property taxes relating to the Properties, dividends on insurance policies relating to the Properties, condemnation proceeds arising from a temporary taking of all or a part of any Properties, security and other deposits until they are forfeited by the depositor, advance rentals until they are earned, proceeds from a sale, financing or other disposition of the Properties or any part thereof or interest therein and other non-recurring revenues as determined by Lender, insurance proceeds (other than proceeds from rental or business interruption insurance), other condemnation proceeds, capital contributions or loans to any of the Borrowers, disbursements to any of the Borrowers from the Reserves, sales, use and occupancy taxes collected from customers or patrons of the Properties to be remitted to the applicable taxing authorities, and gratuities or service charges collected on behalf of and remitted to employees or contractors of the Properties.

  • Gross Operating Revenues means, for any period of time for any Hotel Property, without duplication, all income and proceeds of sales of every kind (whether in cash or on credit and computed on an accrual basis) received by the owner (or, if such Hotel Property is ground leased, the ground lessee) of such Hotel Property or the applicable Operating Lessee or Manager for the use, occupancy or enjoyment of such Hotel Property or the sale of any goods, services or other items sold on or provided from such Hotel Property in the ordinary course of operation of such Hotel Property, including, without limitation, all income received from tenants, transient guests, lessees, licensees and concessionaires and other services to guests at such Hotel Property, and the proceeds from business interruption insurance, but excluding the following: (i) any excise, sales or use taxes or similar governmental charges collected directly from patrons or guests, or as a part of the sales price of any goods, services or displays, such as gross receipts, admission, cabaret or similar or equivalent taxes; (ii) receipts from condemnation awards or sales in lieu of or under threat of condemnation; (iii) proceeds of insurance (other than business interruption insurance); (iv) other allowances and deductions as provided by the Uniform System in determining the sum contemplated by this definition, by whatever name, it may be called; (v) proceeds of sales, whether dispositions of capital assets, FF&E or equipment (other than sales of Inventory in the ordinary course of business); (vi) gross receipts received by tenants, lessees (other than Operating Lessees), licensees or concessionaires of the owner (or, if such Hotel Property is ground leased, the ground lessee) of such Hotel Property; (vii) consideration received at such Hotel Property for hotel accommodations, goods and services to be provided at other hotels although arranged by, for or on behalf of, and paid over to, the applicable Manager; (viii) tips, service charges and gratuities collected for the benefit of employees; (ix) proceeds of any financing; (x) working capital provided by the Parent Guarantor or any Subsidiary of the Parent Guarantor or the applicable Operating Lessee; (xi) amounts collected from guests or patrons of such Hotel Property on behalf of tenants of such Hotel Property and other third parties; (xii) the value of any goods or services in excess of actual amounts paid (in cash or services) provided by the applicable Manager on a complimentary or discounted basis; and (xiii) other income or proceeds resulting other than from the use or occupancy of such Hotel Property, or any part thereof, or other than from the sale of goods, services or other items sold on or provided from such Hotel Property in the ordinary course of business. Gross Operating Revenues shall be reduced by credits or refunds to guests at such Hotel Property.

  • Net Sales Revenue shall have the meaning as set out in Schedule "A"

  • Project Revenues means revenues derived from the service of Project Water to Contractors and others, and from the sale or other disposal of electrical energy generated in connection with operation of Project Facilities.

  • Project Revenue means all rents, fees, sales, and payments

  • System Revenues means all rates, rents, fees, charges,

  • Gross Profits means the gross profits calculated under section 4;

  • Net Revenues means revenues less related expenses, including

  • Tax Revenues means the Personal Income Taxes and such other revenues, including Alternative Revenues (but excluding Building Aid), as the Authority may derive directly from the State from taxes imposed by the City or the State and collected by the State.

  • Gross Revenues means all amounts actually collected as rents or other charges for the use and occupancy of the Properties, but shall exclude interest and other investment income of Owner and proceeds received by Owner for a sale, exchange, condemnation, eminent domain taking, casualty or other disposition of assets of Owner.

  • Total Revenues means revenues from all taxes and fees, excluding revenue from funds managed by local government on behalf of a specific third party, and does not include the proceeds from borrowing or asset sales.

  • Resource recovery facility means a solid waste facility

  • Gross Revenue means all of the earnings and revenues received by the RECIPIENT from the maintenance and operation of the Utility and all earnings from the investment of money on deposit in the Loan Fund, except (i) Utility Local Improvement Districts (ULID) Assessments, (ii) government grants, (iii) RECIPIENT taxes, (iv) principal proceeds of bonds and other obligations, or (v) earnings or proceeds (A) from any investments in a trust, Defeasance, or escrow fund created to Defease or refund Utility obligations or (B) in an obligation redemption fund or account other than the Loan Fund until commingled with other earnings and revenues of the Utility or (C) held in a special account for the purpose of paying a rebate to the United States Government under the Internal Revenue Code.

  • M&O Revenue means (i) those revenues which the District receives from the levy of its annual ad valorem maintenance and operations tax pursuant to Section 45.002 of the TEXAS EDUCATION CODE, or other lawful authority, and Article VII § 3 of the TEXAS CONSTITUTION, plus (ii) all State revenues to which the District is or may be entitled under the applicable provisions of the TEXAS EDUCATION CODE or any other statutory provision as well as any amendment or successor statute to these provisions, as applicable, less

  • Operating Profits means, as applied to any Person for any period, the operating income of such Person for such period, as determined in accordance with GAAP.

  • Sublicense Revenues means [***].

  • Volumetric Production Payments means production payment obligations recorded as deferred revenue in accordance with GAAP, together with all undertakings and obligations in connection therewith.

  • Production Payments and Reserve Sales means the grant or transfer by the Company or any of its Restricted Subsidiaries to any Person of a royalty, overriding royalty, net profits interest, Production Payment, partnership or other interest in Oil and Gas Properties, reserves or the right to receive all or a portion of the production or the proceeds from the sale of production attributable to such properties where the holder of such interest has recourse solely to such production or proceeds of production, subject to the obligation of the grantor or transferor to operate and maintain, or cause the subject interests to be operated and maintained, in a reasonably prudent manner or other customary standard or subject to the obligation of the grantor or transferor to indemnify for environmental, title or other matters customary in the Oil and Gas Business, including any such grants or transfers pursuant to incentive compensation programs on terms that are reasonably customary in the Oil and Gas Business for geologists, geophysicists or other providers of technical services to the Company or any of its Restricted Subsidiaries.

  • Gross Profit means the sum produced by adding to the “net profit” the amount of the Insured “standing charges”, or if there be no “net profit”, the amount of the Insured “standing charges” less such a proportion of any net trading loss as the amount of the Insured “standing charges” bears to all the “standing charges” of the business.

  • Sales Tax Revenues means taxes collected under the Virginia Retail Sales and Use Tax Act