Syncrude Royalty Amending Agreement definition

Syncrude Royalty Amending Agreement means the Syncrude Royalty Amending Agreement entered into in December 2013 and made effective January 1, 2009 between Her Majesty the Queen in Right of Alberta and the Syncrude Participants which replaced the Syncrude Royalty Amending Agreement dated November 18, 2008 between Her Majesty the Queen in Right of Alberta and the Syncrude Participants;
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Syncrude Royalty Amending Agreement means the Syncrude Royalty Amending Agreement entered into in December 2013 and made effective January 1, 2009 between Her Majesty the Queen in Right of Alberta
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Examples of Syncrude Royalty Amending Agreement in a sentence

  • Crown royalties include amounts due under the Syncrude Royalty Amending Agreement with the Alberta government.

  • The Syncrude Royalty Amending Agreement requires that bitumen be valued by a formula that references the value of bitumen based on a Canadian heavy oil price adjusted for reasonable quality, transportation and handling deductions (including diluent costs) to reflect the quality and location differences between Syncrude’s bitumen and the reference price of bitumen.

  • For estimating and paying royalties, Syncrude used a bitumen value based on Syncrude and its owners’ interpretation of the Syncrude Royalty Amending Agreement, which is different than the Syncrude BVM.

  • The Syncrude Royalty Amending Agreement requires that bitumen be valued by a formula that references the value of bitumen based on a Canadian heavy oil reference price adjusted to reflect quality and location differences between Syncrude’s bitumen and the Canadian reference price bitumen.

  • Crown royalties include Canadian Oil Sands’ share of amounts due under the Syncrude Royalty Amending Agreement with the Alberta government.

  • For this undertaking, the Manager at the Universities in addition to technical and economic subjects also economic-ethic.

  • In order to allow time to fully develop an allocation methodology for common costs, the Syncrude Royalty Amending Agreement provides for allowed bitumen costs, before internal fuel allocation, to be 64.5 per cent of Syncrude total operating costs until December 31, 2010.

  • The Syncrude Royalty Amending Agreement requires that bitumen be valued by a formula that references the value of bitumen based on a Canadian heavy oil reference price further adjusted to reflect quality and location differences between Syncrude’s bitumen and the Canadian reference price bitumen.

  • Syncrude's Crown royalties are determined pursuant to the Syncrude Royalty Amending Agreement ("Syncrude RAA").

  • The Syncrude Royalty Amending Agreement provides for allowed bitumen costs, before internal fuel allocation, to be64.5 per cent of Syncrude total operating costs until December 31, 2010.

Related to Syncrude Royalty Amending Agreement

  • Royalty Agreement means the amended royalty agreement between the Partnership, Vermilion, 1209963 Alberta Ltd. and the Trust dated January 22, 2003 providing for the creation of the Royalty;

  • Amending Agreement means the Agreement of which a copy is set out in the Third Schedule to the Iron Ore (Hamersley Range) Agreement Xxx 0000 (which Agreement was approved by the Iron Ore (Hamersley Range) Agreement Act Amendment Act 1968);

  • Collaboration Agreement has the meaning set forth in the Recitals.

  • Supply Agreement has the meaning set forth in Section 7.1.

  • License Agreement means the agreement between SAP (or an SAP SE Affiliate, or an authorized reseller) under which Customer procured the rights to use SAP Software or a Cloud Service.

  • Xxxxxx Agreement means that certain Contingent Stock Agreement, effective as of January 1, 1996, by The Xxxxx Company in favor of and for the benefit of the Holders (named in Schedule I thereto) and the Representatives (therein defined), as amended.

  • Development Agreement has the meaning set forth in the Recitals.

  • Development Credit Agreement means the agreement of even date herewith between the Borrower and the Association for the Project, as such agreement may be amended from time to time; and such term includes all schedules and agreements supplemental to the Development Credit Agreement.

  • Second Amendment Effective Date has the meaning assigned to such term in the Second Amendment.

  • Amendment Agreement shall have the meaning assigned to such term in the recitals hereto.

  • First Amendment Effective Date has the meaning assigned to such term in the First Amendment.

  • Licensing Agreement means a commercial agreement between a design approval holder and a production approval holder (or applicant) formalizing the rights and duties of both parties to use the design data for the purpose of manufacturing the product or article.

  • Eighth Amendment Effective Date shall have the meaning provided in the Eighth Amendment.

  • Third Amendment Effective Date shall have the meaning provided in the Third Amendment.

  • Fourth Amendment Effective Date has the meaning assigned to such term in the Fourth Amendment.

  • Fifth Amendment Effective Date shall have the meaning provided in the Fifth Amendment.