Allo ance definition

Allo ance means a deduction in de- termining value for royalty purposes. Processing allo ance means an allow- ance for the reasonable, actual costs of processing gas determined under this subpart. Transportation allo ance means an allowance for the reasonable, actual costs of moving unprocessed gas, residue gas, or gas plant products to a point of sale or delivery off the lease, unit area, or communitized area, or away from a processing plant. The transportation allowance does not in- clude gathering costs.
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Allo ance means a deduction in de- Area means a geographic region at least as large as the defined limits of an oil or gas field, in which oil or gas lease products have similar quality, economic, or legal characteristics. An area may be all lands within the boundaries of an Indian reservation. Arm’s-length contract means a con- tract or agreement that has been ar- rived at in the marketplace between independent, nonaffiliated persons with opposing economic interests regarding that contract. For purposes of this sub- part, two persons are affiliated if one person controls, is controlled by, or is under common control with another person. The following percentages (based on the instruments of ownership of the voting securities of an entity, or based on other forms of ownership) ▇▇- ▇▇▇▇▇▇▇ if persons are affiliated:
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Examples of Allo ance in a sentence

  • Motor Vehicle Allo ance increase (clause 5.1 of the SSSCA and KRCA) Amend wording to clause 5.1 to align rate to that for teachers and principals.

Related to Allo ance

  • Gross beta particle activity means the total radioactivity due to beta particle emission as inferred from measurements on a dry sample.

  • Stinger-steered automobile or watercraft transporter means an automobile or watercraft transporter

  • Automobile or watercraft transporters means any tractor truck, lowboy, vehicle, or combination,

  • Cardiopulmonary resuscitation or "CPR" means artificial ventilation or external chest compression applied to a person who is unresponsive and not breathing.

  • Disposable respirator means a respirator for which maintenance is not intended and that is designed to be discarded after excessive breathing resistance, sorbent exhaustion, physical damage, or end-of-service-life renders it unsuitable for use. Examples of this type of respirator are a disposable half-mask respirator or a disposable escape-only self-contained breathing apparatus (SCBA).