Definition of the Fees Sample Clauses

Definition of the Fees. The OPERATOR shall pay to TAV the Fees in USD or GEL, at the selling rate of the Georgian National Bank at the date of service, specified in the Fees Tariff set out in Annex 1 for the Services specified in Article 2 and the basis of calculation of which is set forth in the said Article. TAV is entitled to change the Fees Tariff on yearly basis, by sending a notice letter 30 days prior to the application of the changed fees. The Fees Tariff so changed shall enter into force without the necessity of being executed and/or signed by the OPERATOR and shall start automatically to be applied in substitution of the prior Fees Tariff set out in Annex 1. As for the calculation of such Fees that are to be paid per passenger, the departing passengers of the OPERATOR shall be taken into consideration. The OPERATOR shall submit the “Load Sheet” document, which the OPERATOR shall provide itself to the Accounts and Administrative Department of TAV daily (the document of the respective date shall be submitted until 9:00 A.M. of the consequent day). Load Sheet documents to be submitted to TAV are required to be signed by the duly authorized representatives of the OPERATOR or such personnel of the OPERATOR who are empowered specially in this respect. The Fees are net, all taxes, duties and charges in effect or which may be effective due to changes in law in future, including without limitation VAT, except for corporation tax shall be paid by the OPERATOR additionally. Transfer costs and other costs that are applied by the banks in connection with the payments shall be borne by the OPERATOR. The OPERATOR is not entitled to demand any decrease in the Fees by forwarding any reason whatsoever including without limitation, decrease in purchasing value of currency, devaluation, inflation, shock and sudden changes in foreign currency rates, increase in taxes and duties or imposing of new taxes and duties or to demand adjusting the Agreement to new conditions by claiming severe hardship in the performance of the Agreement or collapse of grounds of the transaction. The OPERATOR if based on such claims is free to terminate the Agreement by sending a 30 (thirty) day notice to TAV.
Sample 1
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Definition of the Fees. 1.2.1. The Fee Means the payment which is payable by the Company to the Consultant for the execution of the Services, consistent with the stipulated consideration in the Consultant's Bid, as approved by the Company.
Sample 1

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