Common use of Payment by Company Clause in Contracts

Payment by Company. (1) In and as consideration for the State entering into this Agreement with the Company and for the grant of the Crown lease referred to in clause 9 and the issue of the Crown Grants referred to in clause 10, not later than 31 January in each year the Company shall pay to the State a sum equal to 0.5% of the total amount paid by the Company in implementing the Project (other than such of the Project as is on reserved land as referred to in clause 5 of Schedule 2) in the 12 months ended on 31 December immediately preceding that 31 January, until the Company has paid to the State under this provision 0.5% of the total cost of the Project (other than such of the Project as is on reserved land as referred to in clause 5 of Schedule 2).

Payment by Company. (1) In 1)In and as consideration for the State entering into this Agreement with the Company and for the grant of the Crown lease referred to in clause 9 and the issue of the Crown Grants referred to in clause 10, not later than 31 January in each year the Company shall pay to the State a sum equal to 0.5% of the total amount paid by the Company in implementing the Project (other than such of the Project as is on reserved land as referred to in clause 5 of Schedule 2) in the 12 months ended on 31 December immediately preceding that 31 January, until the Company has paid to the State under this provision 0.5% of the total cost of the Project (other than such of the Project as is on reserved land as referred to in clause 5 of Schedule 2).

Payment by Company. (1) In and as consideration for the State entering into this Agreement with the Company and for the grant of the Crown lease referred to in clause 9 and the issue of the Crown Grants referred to in clause 10, not later than 31 January in each year the Company shall pay to the State a sum equal to 0.5% of the total amount paid by the Company in implementing the Project (other than such of the Project as is on reserved land as referred to in clause 5 of Schedule 2) in the 12 months ended on 31 December immediately preceding that 31 January, until the Company has paid to the State under this provision 0.5% of the total cost of the Project (other than Schedule 1 such of the Project as is on reserved land as referred to in clause 5 of Schedule 2).

Payment by Company. (1) In and as consideration for the State entering into this Agreement with the Company and for the grant of the Crown lease referred to in clause 9 and the issue of the Crown Grants referred to in clause 10, not later than 31 January in each year the Company shall pay to the State a sum equal to 0.5% of the total amount paid Schedule 1 by the Company in implementing the Project (other than such of the Project as is on reserved land as referred to in clause 5 of Schedule 2) in the 12 months ended on 31 December immediately preceding that 31 January, until the Company has paid to the State under this provision 0.5% of the total cost of the Project (other than such of the Project as is on reserved land as referred to in clause 5 of Schedule 2).

Payment by Company. (1) In and as consideration for the State entering into this Agreement with the Company and for the grant of the Crown lease referred to Schedule 1 in clause 9 and the issue of the Crown Grants referred to in clause 10, not later than 31 January in each year the Company shall pay to the State a sum equal to 0.5% of the total amount paid by the Company in implementing the Project (other than such of the Project as is on reserved land as referred to in clause 5 of Schedule 2) in the 12 months ended on 31 December immediately preceding that 31 January, until the Company has paid to the State under this provision 0.5% of the total cost of the Project (other than such of the Project as is on reserved land as referred to in clause 5 of Schedule 2).