Common use of Basis of determining the service fee and the annual caps Clause in Contracts

Basis of determining the service fee and the annual caps. The consideration was determined on normal commercial terms after arm’s length negotiation with reference to the prevailing market prices of the services provided, the installed capacity of the energy storage power station, the cost of providing the services and the scope of work to be provided in respect of the services. The above annual caps were determined based on the service fee of the Xinyi Operation and Maintenance Management Service Agreement.

Basis of determining the service fee and the annual caps. The consideration was determined on normal commercial terms after arm’s length negotiation with reference to the prevailing market prices of the services provided, the installed capacity of the energy storage solar power stationplant, the cost of providing the services and the scope of work to be provided in respect of the services. The above annual caps were determined based on the service fee of the Xinyi Operation and Maintenance Management Service Pei County Operational Services Agreement.

Basis of determining the service fee and the annual caps. The consideration was determined on normal commercial terms after arm’s length negotiation with reference to the prevailing market prices of the services provided, the installed capacity of the energy storage solar power stationplant, the cost of providing the services and the scope of work to be provided in respect of the services. The above annual caps were determined based on the service fee of the Xinyi Wuhan Operation and Maintenance Management Service Services Agreement.

Basis of determining the service fee and the annual caps. The consideration was and the above annual caps were determined on normal commercial terms after arm’s length negotiation with reference to the prevailing market prices of the services provided, the installed capacity of the energy storage solar power stationplant, the cost of providing the services and the scope of work to be provided in respect of the services. The above annual caps were determined based on the service fee of the Xinyi Huaian Operation and Maintenance Management Service Services Agreement.

Basis of determining the service fee and the annual caps. The consideration was determined on normal commercial terms after arm’s length negotiation with reference to the prevailing market prices of the services provided, the installed capacity of the energy storage solar power stationplant, the cost of providing the services and the scope of work to be provided in respect of the services. The above annual caps were determined based on the service fee of the Xinyi Jurong Operation and Maintenance Management Service Agreement.