Common use of Schedule Bonus Clause in Contracts

Schedule Bonus. A. If Substantial Completion of Subproject 6(a) occurs before the date falling one thousand six hundred twelve (1,612) Days after issuance of LNTP No. 1 for Subproject 6(a) (“Schedule Bonus Date for SP6(a)”), Owner shall pay Contractor a bonus in the amount of Fifty Cents (U.S.$0.50) per MMBtu of the LNG that is both (i) produced by Subproject 6(a) between the period of first production of LNG from Subproject 6(a) and the Schedule Bonus Date for SP6(a) and (ii) loaded onto an LNG Tanker for export prior to the Schedule Bonus Date for SP6(a) (“Schedule Bonus for SP6(a)”).

Schedule Bonus. A. If Substantial Completion of Subproject 6(a) occurs before the date falling one thousand six hundred twelve *** (1,612***) Days after issuance of LNTP No. 1 NTP for Subproject 6(a) (“Schedule Bonus Date for SP6(a)”), Owner shall pay Contractor a bonus in the amount of Fifty Cents *** (U.S.$0.50U.S.$***) per MMBtu of the LNG that is both (i) produced by Subproject 6(a) between the period of first production of LNG from Subproject 6(a) and the Schedule Bonus Date for SP6(a) and (ii) loaded onto an LNG Tanker for export prior to the Schedule Bonus Date for SP6(a) (“Schedule Bonus for SP6(a)”).