Common use of Operator Fee Clause in Contracts

Operator Fee. The Owner shall pay to the Operator the base Operator Fee of $400,000 per calendar year, in equal quarterly installments in arrears (prorated for any partial quarterly period between the Effective Date and the first day of the next full Calendar Quarter), due and payable on the first day of the following Calendar Quarter until such time as this Agreement is terminated as provided for in Article 5 or 6. Such fee is not subject to escalation.

Operator Fee. The Owner shall pay to the Operator the base Operator Fee of $400,000 500,000.00 per calendar year, in equal quarterly installments in arrears (prorated for any partial quarterly period between the Effective Date and the first day of the next full Calendar Quarter), due and payable on the first day of the following Calendar Quarter until such time as this Agreement is terminated as provided for in Article 5 or 6. Such fee is not subject to escalation.

Operator Fee. The Owner shall pay to the Operator the base Operator Fee of $400,000 400,000.00 per calendar year, in equal quarterly installments in arrears (prorated for any partial quarterly period between the Effective Date and the first day of the next full Calendar Quarter), due and payable on the first day of the following Calendar Quarter until such time as this Agreement is terminated as provided for in Article 5 or 6. Such fee is not subject to escalation.

Operator Fee. The Owner shall pay to the Operator the base Operator Fee of $400,000 300,000.00 per calendar year, in equal quarterly installments in arrears (prorated for any partial quarterly period between the Effective Date and the first day of the next full Calendar Quarter), due and payable on the first day of the following Calendar Quarter until such time as this Agreement is terminated as provided for in Article 5 or 6. Such fee is not subject to escalation.

Operator Fee. The Owner shall pay to the Operator the base Operator Fee of $400,000 320,000 per calendar year, in equal quarterly installments in arrears (prorated for any partial quarterly period between the Effective Date and the first day of the next full Calendar Quarter), due and payable on the first day of the following Calendar Quarter until such time as this Agreement is terminated as provided for in Article 5 or 6. Such fee is not subject to escalation.