Common use of Costs and Revenues Clause in Contracts

Costs and Revenues. The calculation of Net Market Revenues shall exclude any costs or revenues associated with a Direct Contract. All such costs and revenues shall be paid and received by Project Company. If a third party customer or other entity pays MAEM any amounts due Project Company under a Direct Contract, MAEM shall hold such amounts in trust for the applicable Project Company and remit such funds to Project Company on or before the twentieth (20th) day of each month, or if such day is not a business day, the immediately following business day.