Common use of Fees for the Services Clause in Contracts

Fees for the Services. (a) As compensation for the Services, Columbia Services agrees to pay NiSource Services, in accordance with this Agreement, amounts equal to (i) NiSource Services’ reasonable estimate of its actual costs in connection with the performance of the Services pursuant to this Agreement and, if applicable, consistent with the prices NiSource Services would charge to an Affiliate, in each case without taking into account any profit margin or projected savings from increased efficiency, plus (ii) NiSource Services’ reasonable and customary out-of-pocket expenses incurred in connection with the performance of the Services pursuant to this Agreement.

Appears in 2 contracts

Samples: Transition Services Agreement (Columbia Pipeline Group, Inc.), Transition Services Agreement (Columbia Pipeline Group, Inc.)

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Fees for the Services. (a) As compensation for the Services, Columbia NiSource Services agrees to pay NiSource Columbia Services, in accordance with this Agreement, amounts equal to (i) NiSource Columbia Services’ reasonable estimate of its actual costs in connection with the performance of the Services pursuant to this Agreement and, if applicable, consistent with the prices NiSource Columbia Services would charge to an Affiliate, in each case without taking into account any profit margin or projected savings from increased efficiency, plus (ii) NiSource Columbia Services’ reasonable and customary out-of-pocket expenses incurred in connection with the performance of the Services pursuant to this Agreement.

Appears in 2 contracts

Samples: Transition Services Agreement (Columbia Pipeline Group, Inc.), Transition Services Agreement (Columbia Pipeline Group, Inc.)

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