Petrotech definition

Petrotech means Petrotech Engineering Ltd., an independent engineering consulting firm;
Petrotech means collectively PetroTech Holdings Corp., Valens U.S. SPV I, LLC, Valens Offshore SPV I, Ltd., Valens Offshore SPV II, Corp., Laurus Master Fund, Ltd. (In Liquidation), Calliope Capital Corporation and PSource Structured Debt Limited.
Petrotech means Petrotech Engineering Ltd. of Burnaby, British Columbia, Canada, an independent petroleum engineering consulting firm.

Examples of Petrotech in a sentence

  • Peru—The Acquisition of PetrotechIn 2009, Ecopetrol Colombia and Korea National Oil Corp purchased a Houston-based company (Offshore International Group Inc.) whose main asset was Petrotech Peruana (the license-holder), a company incorporated and resident in Peru and the third largest oil producer there, for approximately US$900 million, from Petrotech International, a Delaware incorporated company.

  • Petrotech international, a resident of the U.S.A., would be taxed in the U.S. on the corresponding capital gain.

  • He recommends to evaluate and review the Special Measures Act ‘Urban Areas’ as well as the Housing Act to ensure that segregation on the housing market is efficiently combated.

  • Petrotech International, or its shareholder (reportedly a U.S, national), would be liable in the jurisdiction of their residence on the corresponding capital gain, if subject to tax.The case triggered a Congressional investigation in Peru that eventually led to a change in the law.

  • Interests of strong organized employer capital over came the interests of private rental capital, mostly small private investors.

  • This was especially problematic politically when it could be shown that the subsidiary being indirectly sold had previously paid little, if any corporate income tax, as was pointed out in the congressional investigation on Petrotech ordered in Peru.

  • Also does business under the names AAR Aircraft Component Services, AAR Hermetic, AAR Petrotech, and Mars Aircraft Radio.

  • In other cases— Heritage in Uganda, Las Bambas in Peru, for instance—tax has been recovered by the location country.was pointed out in a congressional investigation on Petrotech ordered in Peru.

  • A copy of the SRL fee schedule and Petrotech proposal are included with the Truth in Negotiation Certification in Attachment C.

  • Interestingly, the Commission investigating the case noted that Petrotech (originally a state owned oil company, privatized in 1993) eroded its tax base for years by overpaying service charges to domestic related parties not subject to oil royalties.International BV, a Dutch company, the shares of Zain Africa BV (also a Dutch company) for US$10.7 billion, which owned in turn the Kampala-registered mobile phone operator Celtel Uganda Ltd.


More Definitions of Petrotech

Petrotech means Petrotech Engineering Ltd., an independent petroleum engineering firm;
Petrotech means Petrotech and Associates Ltd., a qualified reserves evaluator that is independent of the Company under NI 51-101.
Petrotech has the meaning set forth in the preface above.
Petrotech means Petrotech Engineering Ltd., an independent petroleum engineering firm and the reserves evaluator for PetroNova;

Related to Petrotech

  • Pioneer or the "Company" means Pioneer Natural Resources Company and its subsidiaries.

  • IOSCO means the International Organisation of Securities Commissions.

  • Forest means an area of land defined by the minimum values for area size, tree crown cover or an equivalent stocking level, and potential tree height at maturity at the place of growth of the trees as specified for each Member State in Annex II. It includes areas with trees, including groups of growing, young, natural trees, or plantations that have yet to reach the minimum values for tree crown cover or an equivalent stocking level or minimum tree height as specified in Annex II, including any area that normally forms part of the forest area but on which there are temporarily no trees as a result of human intervention, such as harvesting, or as a result of natural causes, but which area can be expected to revert to forest;

  • Production company means a person or entity engaged in the business of making motion picture, television, or radio images for theatrical, commercial, advertising, or education purposes; Reserved

  • SADC means the Southern African Development Community;

  • ESMP or “Environmental and Social Management Plan” means with respect to each activity under the Project pursuant to which the ESMF requires it, a plan to be prepared by the Recipient pursuant to Section I.D.1 of Schedule 2 to this Agreement, in accordance with the provisions of the ESMF and approved by the Association, setting out measures to mitigate any adverse environmental and social impacts arising from such activities; and “ESMPs” means more than one ESMP.

  • ECO ECO Resources, Inc., a Texas corporation. ---

  • BG means Bank Guarantee

  • AASHTO means the American Association of State Highway and Transportation Officials.

  • STAR means Star Cruises Limited of Canon’s Court, 00 Xxxxxxxx Xxxxxx, Xxxxxxxx XX 00, Bermuda;

  • Biofuel means liquid or gaseous fuel for transport produced from biomass;

  • SWDocID [[6027980]]" "" [[6027980]] elect or decline, in its sole discretion, to provide a New Commitment. Such New Commitments shall become effective as of such Increased Amount Date, and in the case of Incremental Term Loans, shall be made on such Increased Amount Date; provided that (i) the conditions set forth in paragraphs of (b) and (c) of Section 4.02 shall be satisfied or waived by the Required Lenders on such Increased Amount Date before or after giving effect to such New Commitments and Loans; (ii) such increase in the Revolving Facility Commitments and/or the Incremental Term Loans shall be evidenced by one or more joinder agreements executed and delivered to Administrative Agent by each New Lender, as applicable, and each shall be recorded in the register, each of which shall be reasonably satisfactory to the Administrative Agent and subject to the requirements set forth in Section 2.17(f); and (iii) the Borrower shall make any payments required pursuant to Section 2.16 in connection with the provisions of the New Commitments; provided that, with respect to any Incremental Term Loans incurred for the primary purpose of financing a Limited Conditionality Acquisition (“Acquisition-Related Incremental Term Loans”), clause (i) of this sentence shall be deemed to have been satisfied so long as (A) as of the date of execution of the related Limited Conditionality Acquisition Agreement by the parties thereto, no Default shall have occurred and be continuing or would result from entry into such Limited Conditionality Acquisition Agreement, (B) as of the date of the borrowing of such Acquisition-Related Incremental Term Loans, no Event of Default under Section 7.01(a), 7.01(b), 7.01(h) or 7.01(i) is in existence immediately before or after giving effect (including on a Pro Forma Basis) to such borrowing and to any concurrent transactions and any substantially concurrent use of proceeds thereof, (C) the representations and warranties of the Loan Parties set forth in this Agreement and the other Loan Documents shall be true and correct in all material respects as of the date of execution of the applicable Limited Conditionality Acquisition Agreement by the parties thereto, except to the extent any such representations or warranties are expressly limited to an earlier date, in which case such representations and warranties shall be true and correct in all material respects as of such specified earlier date (provided that no materiality qualifier set forth in this subclause (C) shall be applicable to any representations and warranties that already are qualified or modified by materiality in the text thereof) and (D) as of the date of the borrowing of such Acquisition-Related Incremental Term Loans, customary “Sungard” representations and warranties (with such representations and warranties to be reasonably determined by the Lenders providing such Acquisition-Related Incremental Term Loans) shall be true and correct in all material respects immediately before and after giving effect to the incurrence of such Acquisition-Related Incremental Term Loans, except to the extent any such representations or warranties are expressly limited to an earlier date, in which case such representations and warranties shall be true and correct in all material respects as of such specified earlier date (provided that no materiality qualifier set forth in this subclause (D) shall be applicable to any representations and warranties that already are qualified or modified by materiality in the text thereof).

  • biofuels means liquid or gaseous fuel for transport produced from biomass;

  • Crown means the government of the United Kingdom (including the Northern Ireland Assembly and Executive Committee, the Scottish Executive and the National Assembly for Wales), including, but not limited to, government ministers and government departments and particular bodies, persons, commissions or agencies from time to time carrying out functions on its behalf;

  • STSMA means the Sectional Titles Schemes Management Act 8 of 2011, as amended and include the Regulations issued under the said act;

  • Catechumen means a member of the catechumenate of a Catholic Church. This will normally be evidenced by a certificate of reception into the order of catechumens.

  • Greenfield means land not developed beyond agricultural, range, or forestry use.

  • Gold means elemental gold having an atomic weight of 196.967 and the chemical element symbol of Au, whether found by itself or in combination with its alloys or any other metal.

  • Rock means the body of consolidated or partially consolidated material composed of minerals at or below the land surface. Rock includes bedrock and partially weathered rock that is hard and cannot be dug with hand tools. The upper boundary of rock is "saprolite," "soil," or the land surface.

  • Clean energy means Energy that qualifies as energy generated by a clean or renewable resource under British Columbia’s Clean Energy Act, SBC 2010, c.22, as amended from time to time.

  • Operating Company means an “operating company” within the meaning of 29 C.F.R. §2510.3-101(c) of the Plan Asset Regulations.

  • Transportation Company means any organization which provides its own or its leased vehicles for transportation or which provides freight forwarding or air express services.

  • Sage means The Sage Group plc or an Affiliate thereof.

  • EAG clause 35;

  • Energy means electricity, natural gas, steam, hot or chilled water, fuel oil, or other product for use in a building, or renewable on-site electricity generation, for purposes of providing heating, cooling, lighting, water heating, or for powering or fueling other end-uses in the building and related facilities, as reflected in Utility bills or other documentation of actual Energy use.

  • Dell means Dell Inc., a Delaware corporation.