Overhead and Other Costs Sample Clauses

Overhead and Other Costs. “Allocable Seismic Costs” shall be redefined as “that portion of the seismic costs incurred by JXX in the acquisition and interpretation of seismic data allocated to such Prospect in a manner determined by JXX, which shall include, but not be limited to, the cost and expense of the seismic data (including reproduction charges for seismic tape deliveries), synthetic seismograms, digital logs used for synthetic seismograms and third party charges for seismic modeling and reprocessing.” Effective as of August 1, 2000 (“Revised Effective Date”), the Agreement shall be amended as follows:
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Overhead and Other Costs. JXX shall be responsible for all overhead costs relating to the sourcing, screening, negotiating and closing of the purchase of each Prospect, including, without limitation, consulting fees and such other costs as may be incurred in order to bring the Prospect to a status at which JXX has acquired sufficient geological and geophysical information, as well as sufficient oil and gas leasehold
Overhead and Other Costs. JEX xxxll be responsible for all overhead costs relating to the sourcing, screening, negotiating and closing of the purchase of each Prospect, including, without limitation, consulting fees and such other costs as may be incurred in order to bring the Prospect to a status at which JEX xxx acquired sufficient geological and geophysical information, as well as sufficient oil and gas leasehold positions in the Prospect to support a prudent proposal for drilling an exploratory or a developmental well thereon, and Contango shall not be obligated to reimburse JEX xxx any such costs and expenses other than JEX'x Xxxocable Seismic Costs (as hereinafter defined) with respect to each Prospect and JEX'x xxx of pocket costs to purchase leasehold positions on Prospects, except that for costs incurred on Prospects on which JEX xxxermined not to conduct any drilling operations, such costs shall not exceed $200,000.00 in the aggregate ("Dead-End G&G Costs") on an annual basis. If Contango has elected to participate in a Reserve Acquisition, Contango will reimburse JEX xxx Contango's proportionate share of the due diligence overhead costs associated therewith. For purposes of this Agreement, the term "Allocable Seismic Costs" means that portion of the seismic costs incurred by JEX xx the acquisition and interpretation of seismic data allocated to such Prospect in a manner determined by JEX.

Related to Overhead and Other Costs

  • Attorneys’ Fees and Other Costs If either party breaches this Agreement, or if a dispute arises between the parties based on or involving this Agreement, the party that prevails in the resolution of such dispute is entitled to recover from the other party its reasonable attorneys’ fees, court costs, and expenses incurred in enforcing such rights or resolving such dispute. For purposes of this Section 10.11, the finder of fact shall be requested to answer affirmatively as to whether a party “prevailed” in order to recoup attorneys’ fees and other costs pursuant to this Section 10.11.

  • Handling Fees and Other Expenses All fees and out of pocket expenses relating to this Agreement, including but not limited to legal costs, costs of production, stamp tax and any other taxes and fees, shall be borne by Party C.

  • Legal Fees and Other Expenses The Company will pay all reasonable fees and expenses, if any, (including, without limitation, legal fees and expenses) that are incurred by the Executive to enforce this Agreement and that result from a breach of this Agreement by the Company.

  • Fees and Other Charges (a) The Borrower will pay a fee on all outstanding Letters of Credit at a per annum rate equal to the Applicable Margin then in effect with respect to Eurodollar Loans under the Revolving Facility, shared ratably among the Revolving Lenders and payable quarterly in arrears on each Fee Payment Date after the issuance date. In addition, the Borrower shall pay to the Issuing Lender for its own account a fronting fee of 0.25% per annum on the undrawn and unexpired amount of each Letter of Credit, payable quarterly in arrears on each Fee Payment Date after the issuance date.

  • Tax and Other Liabilities Neither Seller nor any Seller Subsidiary has any liability of any nature, accrued or contingent, including without limitation liabilities for Taxes and liabilities to customers or suppliers, other than the following:

  • TAXES AND OTHER LIABILITIES Pay and discharge when due any and all indebtedness, obligations, assessments and taxes, both real or personal, including without limitation federal and state income taxes and state and local property taxes and assessments, except such (a) as Borrower may in good faith contest or as to which a bona fide dispute may arise, and (b) for which Borrower has made provision, to Bank's satisfaction, for eventual payment thereof in the event Borrower is obligated to make such payment.

  • Impositions and Other Claims Each Borrower shall pay and discharge, or cause to be paid and discharged, all taxes, assessments and governmental charges levied upon it, its income and its assets and the Properties prior to delinquency, as well as all lawful claims for labor, materials and supplies or otherwise, subject to any rights to contest contained in the definition of Permitted Encumbrances. Each Borrower shall file or cause to be filed all federal, state and local tax returns and other reports that it or its subsidiaries are required by law to file. If any law or regulation applicable to Lender, any Note, any of the Mortgage Loan Collateral Properties or any of the Mortgages is enacted that deducts from the value of property for the purpose of taxation any Lien thereon, or imposes upon Lender the payment of the whole or any portion of the taxes or assessments or charges or Liens required by this Agreement to be paid by Borrower, or changes in any way the laws or regulations relating to the taxation of mortgages or security agreements or debts secured by mortgages or security agreements or the interest of the mortgagee or secured party in the property covered thereby, or the manner of collection of such taxes, so as to affect any of the Mortgages, the Indebtedness or Lender, then Borrower, upon demand by Lender, shall pay such taxes, assessments, charges or Liens, or reimburse Lender for any amounts paid by Lender. If in the opinion of Lender’s counsel it might be unlawful to require Borrower to make such payment or the making of such payment might result in the imposition of interest beyond the maximum amount permitted by applicable Law, Lender may elect to declare all of the Indebtedness to be due and payable 90 days from the giving of written notice by Lender to Borrower.

  • Expenses and Other Payments (a) Except as otherwise provided in this Section 8.3, each party shall pay its own expenses incident to preparing for, entering into and carrying out this Agreement and the consummation of the Transactions, whether or not the Merger shall be consummated.

  • Stamp and other duties The Borrowers shall pay all stamp, documentary, registration or other like duties or taxes (including any duties or taxes payable by any of the Creditors) imposed on or in connection with any of the Underlying Documents, the Security Documents or the Loan and shall indemnify the Creditors or any of them against any liability arising by reason of any delay or omission by the Borrowers to pay such duties or taxes.

  • Administrative and Other Fees The Borrower agrees to pay the administrative and other fees of the Administrative Agent as provided in the Fee Letter and as may be otherwise agreed to in writing from time to time by the Borrower and the Administrative Agent.

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