Common use of Charges for Services Clause in Contracts

Charges for Services. As consideration for the Services provided by PLIC pursuant to this Agreement, PLA agrees to pay PLIC a fee based on actual costs, determined in a fair and reasonable manner, which costs will not include a profit factor and which will be allocated equitably in accordance with customary insurance accounting practices, where applicable, consistently applied. For purposes of this Agreement, the parties agree that at no time will charges for Services exceed the amounts reflected in the Contract Specifications provided by PLA from time to time to PLIC.

Charges for Services. As consideration for the Services provided by PLIC pursuant to this Agreement, PLA PL&A agrees to pay PLIC a fee based on an estimation of actual costs, determined in a fair and reasonable manner, which costs will not include a profit factor and which will be allocated equitably in accordance with customary insurance accounting practices, where applicable, consistently applied. For purposes of this Agreement, the parties agree that at no time will charges for Services exceed the amounts reflected in the Contract Specifications provided by PLA from time to time to PLIC.

Charges for Services. As consideration for the Services provided by PLIC pursuant to this the Agreement, PLA agrees to pay PLIC a fee based on actual costs, determined in a fair and reasonable manner, which costs will not include a profit factor and which will be allocated equitably in accordance with customary insurance accounting practices, where applicable, consistently applied. For purposes of this Agreement, the parties agree that at no time will charges for Services exceed the amounts reflected in the Contract Specifications provided by PLA from time to time to PLIC.