Common use of Administrative Charge Clause in Contracts

Administrative Charge. (a) Each month, the Manager shall charge the Business Account a sum for each phase of Operations as provided below, which shall be a liquidated amount to reimburse the Manager for its home office overhead and general and administrative expenses to conduct each phase of Operations, and which shall be in lieu of any management fee and for taxes based on production of Products:

Appears in 8 contracts

Samples: In Agreement (Entree Gold Inc), Equity Participation (Entree Gold Inc), In Agreement (Entree Gold Inc)

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Administrative Charge. (a) Each month, the General Manager shall charge the Business Account Company a sum for each phase of Operations as provided below, which shall be a liquidated amount to reimburse the General Manager and its Affiliates for its home office overhead overhead, and general and administrative expenses to conduct each phase of Operationsexpenses, and which shall be in lieu of any other management fee and for taxes based on production of Productsfee:

Appears in 2 contracts

Samples: Earn in and Shareholders Agreement (Golden Goliath Resources LTD), Earn in and Shareholders Agreement (Golden Goliath Resources LTD)

Administrative Charge. (a) Each month, the Manager shall charge the Business Joint Account a sum for each phase of Operations as provided below, which shall be a liquidated amount to reimburse the Manager for its home office overhead and general and administrative expenses to conduct each phase of the Operations, and which shall be in lieu of any management fee and for taxes based on production of Productsfee:

Appears in 2 contracts

Samples: Mining Venture Agreement (Novagold Resources Inc), Mining Venture Agreement (Western Goldfields Inc)

Administrative Charge. (2.13 a) Each month, the Manager shall charge the Business Joint Account a sum for each phase of Operations as provided below, which shall be a liquidated amount to reimburse the Manager for its home office and its district office overhead and general and administrative expenses to conduct each phase of Operationsthe Operation, and which shall be in lieu of any management fee and for taxes based on production of Productsfee:

Appears in 1 contract

Samples: Agreement (Sutcliffe Resources Ltd.)

Administrative Charge. (a) Each month, the Manager shall charge the Business Account a sum for each phase equal to three percent (3%) of Operations as provided belowAllowable Costs, which shall be a liquidated amount to reimburse the Manager for its home office overhead and general and administrative expenses to conduct each phase of Operations, and which shall be in lieu of any management fee and for taxes based on production of Products:fee.

Appears in 1 contract

Samples: Limited Liability Company Operating Agreement (Solitario Exploration & Royalty Corp.)

Administrative Charge. (a) 2.13.1 Each month, the Manager shall charge the Business Account a sum for each phase of Operations as provided below, which shall be a liquidated amount to reimburse the Manager for its home office overhead and general and administrative expenses to conduct each phase of Operations, and which shall be in lieu of any management fee and for taxes based on production of Products:

Appears in 1 contract

Samples: Operating Agreement (Canyon Resources Corp)

Administrative Charge. (a) Each month, the Manager shall charge the Business Account a sum for each phase of Operations as provided below, which shall be a liquidated amount to reimburse the Manager for its home office overhead and general and administrative expenses to conduct each phase of the Operations, and which shall be in lieu of any management fee and for taxes based on production of Productsfee:

Appears in 1 contract

Samples: Limited Liability Company Agreement

Administrative Charge. (a) Each month, the Manager shall charge the Business Joint Account a sum for each phase of Operations operations as provided below, which shall be a liquidated amount to reimburse the Manager and its Affiliates for its home office overhead and general and administrative expenses to conduct each phase of Operationsexpenses, and which shall be in lieu of any other management fee and for taxes based on production of Productsfees:

Appears in 1 contract

Samples: Kennecott Agreement (Golden Phoenix Minerals Inc /Fa/)

Administrative Charge. (a) Each month, the Manager shall charge the Business Account a the sum of two percent (2%) (the “Administrative Charge”) of Allowable Costs for each phase all phases of Operations as provided belowOperations, which shall be a liquidated amount to reimburse the Manager for its home office overhead and general and administrative expenses to conduct each phase of Operations, and which shall be in lieu of any management fee and for taxes based on production of Products:fee.

Appears in 1 contract

Samples: Limited Liability Company Operating Agreement (Gold Torrent Canada Inc)

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Administrative Charge. (a) Each month, the Manager shall charge the Business JointBusiness Account a sum for each phase of Operations as provided below, which shall be a liquidated amount to reimburse the Manager for its home office overhead and general and administrative expenses to conduct each phase of the Operations, and which shall be in lieu of any management fee and for taxes based on production of Productsfee:

Appears in 1 contract

Samples: Venturelimited Liability Company Agreement

Administrative Charge. (a) Each month, the Manager shall charge the Business Joint Account a sum for each phase of Operations as provided below, which shall be a liquidated amount to reimburse the Manager for its home office overhead and general and administrative expenses to conduct each phase of the Operations, and which shall be in lieu of any management fee and for taxes based on production of Productsfee:

Appears in 1 contract

Samples: In and Joint Venture Agreement (Pan American Lithium Corp)

Administrative Charge. (a) Each month, the Manager shall charge the Business Account a sum for each phase of Operations as provided below, which shall be a liquidated amount to reimburse the Manager for its home office overhead and general and administrative expenses to conduct each phase of Operations, and which shall be in lieu of any management fee and for taxes based on production of Productsfee:

Appears in 1 contract

Samples: Operating Agreement (Golden Phoenix Minerals Inc)

Administrative Charge. (a) a. Each month, the Manager shall charge the Business Account a sum for each phase of Operations as provided below, which shall be a liquidated amount to reimburse the Manager for its home office overhead and general and administrative expenses to conduct each phase of Operations, and which shall be in lieu of any management fee and for taxes based on production of Products:

Appears in 1 contract

Samples: Operating Agreement (Western Goldfields Inc)

Administrative Charge. (a) Each month, the Manager shall charge the Business Joint Account a sum for each phase of Operations as provided below, which shall be a liquidated amount to reimburse the Manager and its Affiliates for its home office overhead overhead, and general and administrative expenses to conduct each phase of Operationsexpenses, and which shall be in lieu of any other management fee and for taxes based on production of Productsfee:

Appears in 1 contract

Samples: Option Agreement (Radius Gold Inc.)

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