Payment of Western Canada Marine Response Fees. (a) Operator shall pay all reasonable Western Canada Marine Response Fees which are due and payable. Operator shall also be liable for and shall pay to Western Canada Marine Response an amount equal to any Taxes. (b) Western Canada Marine Response shall submit an invoice to Operator for the Western Canada Marine Response Fees and Taxes incurred. Except as otherwise provided under Section 7.3 of this Agreement, any invoice submitted by Western Canada Marine Response pursuant to this Section shall be due and payable by Operator by the end of the tenth (10th) business day following receipt of the invoice by Operator and, subject to the terms of Section 7.5 of this Agreement, any invoice not paid in full by the end of the tenth (10th) business day following receipt of the invoice by Operator will be charged interest on the outstanding amount at the rate of one per cent (1%) per month, or 12.6825% per year, commencing on the eleventh (11th) business day after the date of the invoice. (c) Invoices may be submitted by facsimile and a facsimile copy of an invoice shall be deemed to be received by Operator at such time as is indicated on the receipt of confirmation notice received by Western Canada Marine Response for such facsimile.
Appears in 2 contracts
Samples: Membership Agreement, Membership Agreement
Payment of Western Canada Marine Response Fees. (a) Operator Owner shall pay all reasonable Western Canada Marine Response Fees which are due and payable. Operator Owner shall also be liable for and shall pay to Western Canada Marine Response an amount equal to any Taxes.
(b) Western Canada Marine Response shall submit an invoice to Operator Owner for the Western Canada Marine Response Fees and Taxes incurred. Except as otherwise provided under Section 7.3 of this Agreement, any Any invoice submitted by Western Canada Marine Response pursuant to this Section shall be due and payable by Operator Owner by the end of the tenth (10th) business day following receipt of the invoice by Operator Owner and, subject to the terms of Section 7.5 5.5 of this Agreement, any invoice not paid in full by the end of the tenth (10th) business day following receipt of the invoice by Operator Owner will be charged interest on the outstanding amount at the rate of one per cent (1%) per month, or 12.6825% per year, commencing on the eleventh (11th) business day after the date of the invoice.
(c) Invoices may be submitted by facsimile electronic mail and a facsimile copy of an invoice shall be deemed to be received by Operator Owner at such time as is indicated on the receipt of confirmation notice received by Western Canada Marine Response for such facsimileelectronic mail.
Appears in 2 contracts
Samples: Membership Agreement, Membership Agreement
Payment of Western Canada Marine Response Fees. (a) Operator Owner shall pay all reasonable Western Canada Marine Response Fees which are due and payable. Operator Owner shall also be liable for and shall pay to Western Canada Marine Response an amount equal to any Taxes.
(b) Western Canada Marine Response shall submit an invoice to Operator Owner for the Western Canada Marine Response Fees and Taxes incurred. Except as otherwise provided under Section 7.3 5.3 of this Agreement, any invoice submitted by Western Canada Marine Response pursuant to this Section shall be due and payable by Operator Owner by the end of the tenth fifth (10th5th) business day following receipt of the invoice by Operator Owner and, subject to the terms of Section 7.5 6.5 of this Agreement, any invoice not paid in full by the end of the tenth fifth (10th5th) business day following receipt of the invoice by Operator Owner will be charged interest on the outstanding amount at the rate of one per cent (1%) per month, or 12.6825% per year, commencing on the eleventh sixth (11th6th) business day after the date of the invoice.
(c) Invoices may be submitted by facsimile and a facsimile copy of an invoice shall be deemed to be received by Operator Owner at such time as is indicated on the receipt of confirmation notice received by Western Canada Marine Response for such facsimile.
Appears in 2 contracts
Samples: Ship (Bulk Oil) Membership Agreement, Membership Agreement
Payment of Western Canada Marine Response Fees. (a) Operator Owner shall pay all reasonable Western Canada Marine Response Fees which are due and payable. Operator Owner shall also be liable for and shall pay to Western Canada Marine Response an amount equal to any Taxes.
(b) Western Canada Marine Response shall submit an invoice to Operator Owner for the Western Canada Marine Response Fees and Taxes incurred. Except as otherwise provided under Section 7.3 of this Agreement, any Any invoice submitted by Western Canada Marine Response pursuant to this Section shall be due and payable by Operator Owner by the end of the tenth (10th) business day following receipt of the invoice by Operator Owner and, subject to the terms of Section 7.5 5.5 of this Agreement, any invoice not paid in full by the end of the tenth (10th) business day following receipt of the invoice by Operator Owner will be charged interest on the outstanding amount at the rate of one per cent (1%) per month, or 12.6825% per year, commencing on the eleventh (11th) business day after the date of the invoice.
(c) Invoices may be submitted by facsimile or electronic mail and a facsimile copy of an invoice shall be deemed to be received by Operator Owner at such time as is indicated on the receipt of confirmation notice received by Western Canada Marine Response for such facsimileelectronic mail.
Appears in 1 contract
Samples: Ship (Bulk Oil) Membership Agreement