Common use of Payments to Company and Agency Clause in Contracts

Payments to Company and Agency. (a) During any period in which the Agency exercises the Agency Step-in Rights, the Agency shall continue making payments to the Company in accordance with the terms of this Agreement. (b) During the exercise of the Agency Step-in Rights, the Agency shall be entitled to remuneration for the Agency’s reasonable costs as an operator.

Appears in 2 contracts

Samples: Sample Contract, Sample Contract

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Payments to Company and Agency. (a) During any period in which the Agency exercises the Agency Step-in Step-­‐in Rights, the Agency shall continue making payments pay to the Company the Revenues corresponding to the Company in accordance with the terms of this AgreementSection 8.1 (Revenues). (b) During the exercise of the Agency Step-in Step-­‐in Rights, the Agency shall be entitled to remuneration for the Agency’s reasonable costs as an operator.

Appears in 1 contract

Samples: Partnership Agreement

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Payments to Company and Agency. (a) During any period in which the Agency exercises the Agency Step-in Rights, the Agency shall continue making payments pay to the Company the Revenues corresponding to the Company in accordance with the terms of this AgreementSection 8.1 (Revenues). (b) During the exercise of the Agency Step-in Rights, the Agency shall be entitled to remuneration for the Agency’s reasonable costs as an operator.

Appears in 1 contract

Samples: Sample Contract

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