Royalties Interest definition

Royalties Interest means the Purchaser Portion of Royalties.
Sample 1Sample 2

Examples of Royalties Interest in a sentence

  • This fund receives monies from the Oil and Gas Royalties, Interest, Donations and Oil and Gas Severance Taxes.

  • In light of the materiality of the depletion expenses, the abovementioned changes may have a material effect on the results of the operations and the financial condition of the Royalties Interest.

  • Each "Head" is disaggregated further into specified sources, for example, Property Income is comprised of Royalties, Interest Income, and Rental Income etc.

  • Assessable Income 1 Assessable IncomeStatutory Income Derived from personal Exertion and include: Salaries & Wages Allowances Commissions Bonuses Director fees Key issues include: Treatment of compensation and insuranceDerived from use and enjoyment of property and include: Rental & lease income Royalties Interest Annuities Key issues include income derived from use versus disposal of assetsDerived from carrying on business and can include gains from isolated transaction.

  • The Royalties Interest is depleted according to the unit-of-production method and based on proved and probable reserves as appraised by an external expert at the commencement of commercial production of the Leviathan Field.

  • The accounting treatment of the Levy as aforesaid for the Royalties Interest has no effect on the Company’s financial statements, since the obligation of payment of the Levy in respect of the Royalties Interest has not yet arisen.

  • He also thinks carefully about how to present each option and integrates these ideas into his model to provide a complete (albeit complex) picture of how MNCs fund foreign operations and invest the resulting income.Before his 1998 paper “Taxes and the Division of Foreign Operating Income among Royalties, Interest, Dividends and Retained Earnings,” research on U.S. MNCs’ use of foreign earnings typically gave these firms just two options: reinvest in the CFC or repatriate to the U.S. parent.

  • Repayment of Past lending.Each "Head" is disaggregated further into specified sources, for example, Property Income is comprised of Royalties, Interest Income, and Rental Income, etc.

  • When it happens the structure is instantiated and filled with the actual parameter values.

  • Taxes and the Division of Foreign Operating Income Among Royalties, Interest, Dividends and Retained Earnings.

Related to Royalties Interest

  • Overriding Royalty Interest means an interest in the oil and gas produced pursuant to a specified oil and gas lease or leases, or the proceeds from the sale thereof, carved out of the working interest, to be received free and clear of all costs of development, operation, or maintenance.

  • Royalty means an interest in an oil and gas lease that gives the owner of the interest the right to receive a portion of the production from the leased acreage (or of the proceeds of the sale thereof), but generally does not require the owner to pay any portion of the costs of drilling or operating the wells on the leased acreage.

  • Uncertificated Accrued Interest With respect to each REMIC Regular Interest on each Distribution Date, an amount equal to one month’s interest at the related Uncertificated Pass-Through Rate on the related Uncertificated Principal Balance or related Uncertificated Notional Amount of such REMIC Regular Interest. In each case, Uncertificated Accrued Interest will be reduced by any Prepayment Interest Shortfalls and Relief Act Interest Shortfalls (allocated to such REMIC Regular Interests as set forth in Section 1.02).

  • Direct Account : means any Account which is not an ISA Account.

  • Royalty Interest is defined in Section 1.01.

  • Uncertificated Lower-Tier Interest A regular interest in the Lower-Tier REMIC which is held as an asset of the Upper-Tier REMIC and is entitled to monthly distributions as provided in Section 5.02(a) hereof. Any of the Class 1-L Interest, Class 1-LS Interest, Class 2-L Interest, Class 2-LS Interest, Class 3-L Interest, Class 3-LS Interest, Class 4-L Interest and Class 4-LS Interest are Uncertificated Lower-Tier Interests.

  • Profits Interest means an interest in the Company that is intended to be classified as a profits interest within the meaning of Internal Revenue Service Revenue Procedure 93-27 and 2001-43 (or the corresponding requirements of any subsequent guidance promulgated by the Internal Revenue Service or other Law) for U.S. federal income tax purposes, including the Class C Common Incentive Units.

  • Periodic Interest means, with respect to any Payment Date, the periodic interest for such Payment Date as specified in the Series Supplement.

  • Net Profits Interest means an interest in a Producing Property which entitles the holder thereof to a share of the gross revenues from oil and gas production from the Producing Property less all operating, production, development, transportation, transmission and marketing expenses, severance, sales, ad valorem and excise taxes (including the windfall profit tax) attributable to such production.

  • Project Account means the account referred to in Section 3.04 (a) of this Agreement;

  • Interest Account means the Account within the Debt Service Fund so designated and established by Article V hereof.

  • Excess Interest With respect to each ARD Mortgage Loan, additional interest accrued on such ARD Mortgage Loan after the Anticipated Repayment Date allocable to the difference between the Revised Rate and the Mortgage Rate, plus any compound interest thereon, to the extent permitted by applicable law and the related Loan Documents. The Excess Interest on any ARD Mortgage Loan shall not be an asset of any Trust REMIC, but rather shall be an asset of the Grantor Trust.

  • Royalties means all royalties, fees, expense reimbursement and other amounts payable by a Loan Party under a License.

  • Royalty Payments has the meaning set forth in Section 7.3.1.

  • Yield Maintenance Account The separate trust account maintained and held by the Trustee pursuant to Section 3.16, which account shall bear a designation clearly indicating that the funds deposited therein are held in trust for the benefit of the Trust on behalf of the Class A Certificateholders, and which account provides that the Trustee may make, or cause to be made, withdrawals therefrom in accordance with Section 3.16.

  • Lower Tier Interest As described in the Preliminary Statement.

  • Collections Account has the meaning given to such term in Section 3.01(a) hereof.

  • Trust Interest means an account owner's interest in the trust created by a participating trust

  • Asset Interest is defined in Section 2.1(b).

  • Joint Account means an Account opened in more than one name;

  • business interest ’ means —

  • Class X Interest The regular interest in the Class X REMIC represented by the Class X Certificates as specified and described in the Preliminary Statement and the related footnote thereto.

  • Borrower’s Account shall have the meaning set forth in Section 2.8.

  • Uncertificated Lower-Tier Interests Any of the Class LA1, Class LA2, Class LA3, Class LA4, Class LA5, Class LASB, Class LAS, Class LB, Class LC, Class LD, Class LE, Class LF and Class LNR Uncertificated Interests.

  • Clearing Costs means all of the Investor’s broker and Transfer Agent fees. “Clearing Date” shall be the date on which the Investor receives the Put Shares as DWAC Shares in its brokerage account.

  • Intercompany Interest means an Interest in a Debtor held by another Debtor.