Gross Value means the wholesale price, or, if there be no such price, the estimated value, with, in either case, freight, landing charges, and duty paid beforehand; provided that, in the case of goods or merchandise customarily sold in bond, the bonded price is deemed to be the gross value. “Gross proceeds” means the actual price obtained at a sale where all charges on sale are paid by the sellers.
Gross Value shall be determined on a calendar month basis and have the following meanings with respect to the following Minerals:
Gross Value means the realised price for a sale free on board at the point of export from Zambia or point of delivery within Zambia;
Examples of Gross Value in a sentence
Lessee will pay or cause to be paid to Lessor a monetary royalty payment of ROYALTY RATE % of the Gross Value of Gross Production of all Produced Substances.
The Royalty shall be due and payable within thirty (30) days after the end of each calendar quarter in which the Gross Value accrues.
More Definitions of Gross Value
Gross Value means the total value of the Agreement during its effective term.
Gross Value means the rent at which a hereditament might reasonably be expected to let from year to year if the tenant undertook to pay all usual tenant’s rates and taxes and if the landlord undertook to bear the cost of the repairs and insurance, and the other expenses, if any, necessary to maintain the hereditament in a state to command the rent.Provided that in estimating the annual rentable value of a hereditament to a tenant, no account shall be taken of the value of any services which the landlord renders, or procures to be rendered, to the tenant (either alone or in common with other tenants of the landlord) other than the provision of, or repairs to, or maintenance of, the hereditament.5
Gross Value means, in relation to any property conveyed or disposed by a contract or in relation to the personal estate of a deceased person, the market value of the property at the time of passing of the contract or death of the deceased, without deduction of any charges;
Gross Value shall have the following meaning:
Gross Value means the sale price of oil or gas at the time of removal of the oil or gas from the lease or production unit and if oil or gas is exchanged for something other than cash, or if no sale occurs at the time of removal or if the director determines that the relationship between the buyer and the seller is such that the consideration paid, if any, is not indicative of the true value or market price, then the director shall determine the value of the oil or gas subject to tax based on the cash price paid to one or more producers for the oil or gas or based on the cash price paid to producers for like quality oil or gas in the vicinity of the lease or production unit at the time of the removal of the oil or gas from the lease or production unit.
Gross Value. , in relation to land, means its market value.
Gross Value means the sale price when the oil is sold, including