Gross Production Value Sample Clauses

Gross Production Value monetary expression of the Volume of Inspected Production in national.
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Gross Production Value. The Gross Production Value, based on which the Profit Oil shall be defined, shall be calculated for the Field or, when applicable, for each Module of the Development Phase according to the following formula: ▇▇▇▇  ▇▇▇▇,▇  ▇▇▇,▇  VIPg,m  RPg,m where:
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Gross Production Value. The Gross Production Value, based on which the Profit Oil shall be defined, shall be calculated for the Field or, when applicable, for each Development Module, according to the following formula: Where, ▇▇▇▇  ▇▇▇▇,▇  ▇▇▇,▇  VIPg,m  RPg,m GPVm: Gross Production Value for month “m”; VIPo, m: Volume of Inspected Production of oil for month “m”, in cubic meters; RPo, m: Reference price of Oil in month “m”; VIPg, m: Volume of Inspected Production of natural gas for month “m”, in cubic meters; RPg, m: Reference Price of Natural Gas in month “m”.
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Gross Production Value monetary expression, in national currency, of the Supervised Production Volume.
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Related to Gross Production Value

  • Contract Sales Price The total consideration provided for in the sales contract for the sale of a Property.

  • SALES PRICE A. Cash portion of Sales Price payable by Buyer at closing $ B. Sum of all financing described in the attached:  Third Party Financing Addendum,  Loan Assumption Addendum,  Seller Financing Addendum $ C. Sales Price (Sum of A and B) $

  • Gross Sales Notwithstanding anything in the Lease to the contrary the definition of Gross Sales shall be as follows:

  • Gross Asset Value The term "Gross Asset Value" means, with respect to any asset, the asset's adjusted basis for federal income tax purposes, except as follows:

  • Net Sales The term “