Common use of Further to each Exchange’s rights in Clause 15 Clause in Contracts

Further to each Exchange’s rights in Clause 15. 1, in relation to Direct Reporting Customers, each Exchange shall have a further right to estimate the Direct Reporting Customer’s monthly Charges where such Direct Reporting Customer fails to submit its Report in accordance with this Agreement. In such a case, each Exchange will formulate the estimated Charges by using the amount of Charges from the previous period and apply an administration fee of up to ten percent (10%) of this value.

Further to each Exchange’s rights in Clause 15. 1, in relation to Direct Reporting Customers, each Exchange shall have a further right to estimate the Direct Reporting Customer’s Customer‟s monthly Charges where such Direct Reporting Customer fails to submit its Report in accordance with this Agreement. In such a case, each Exchange will formulate the estimated Charges by using the amount of Charges from the previous period and apply an administration fee of up to ten percent (10%) of this value.