Related to BI Payments

Passthru payments means any withholdable payment and any "foreign passthru payment," which is currently not defined. The current proposed FATCA regulations (“Proposed Regulations”) state that the Internal Revenue Service and the U.S. Treasury have determined, that withholding on “foreign passthru payments” is not required, pending further guidance and analysis. The Proposed Regulations provide that such withholding will not be effective before the date that is two years after the publication of final regulations defining the term “foreign pass-thru payment”.
Payments has the meaning set forth in Section 6.12.1.
FILOT Payments means the amount paid or to be paid in lieu of ad valorem property taxes as provided herein.
Installment Payments shall have the meaning set forth in Section 5(b)(ii).
Production Payments means, collectively, Dollar-Denominated Production Payments and Volumetric Production Payments.

BI Payments definition