Remuneration and fees. 16.1 The Company will pay Service Provider in accordance with the provisions of the Schedules. Within thirty (30) days of receipt of an invoice from Service Provider, Company shall pay Service Provider semi-annually in arrears. Such invoices shall be provided at the end of the second and fourth quarters of each calendar year, if applicable. 16.2 Unless otherwise provided in the relevant Schedule, at the end of each annual period commencing as of January 1, 2006, Service Provider will perform a review of the fees being charged to the Company and if Service Provider determines, based on a transfer pricing or similar study, that the fees should be different, then the parties will negotiate in good faith to change the fees to a rate consistent with such study.
Appears in 7 contracts
Samples: General Services Agreement (Security Capital Assurance LTD), General Services Agreement (Security Capital Assurance LTD), General Services Agreement (Security Capital Assurance LTD)
