Settlement Calculation Sample Clauses
Settlement Calculation. If either party exercises a termination right after the Commercial Operation Date, the non-defaulting Party shall calculate a settlement amount (“Settlement Amount”) equal to the amount the non-defaulting Party’s aggregate Losses and Costs less any Gains, determined as of the Early Termination Date. Prior to the Commercial Operation Date, the Settlement Amount shall be zero dollars ($0). If the non-defaulting Party’s aggregate Gains exceed its aggregate Losses and Costs, if any, determined as of the Early Termination Date, the Settlement Amount shall be Zero dollars ($0).
Settlement Calculation. We will pay you the gross amount of all Charges submitted by your Establishment, less –
(a) Commission Fee (exclusive of Goods and Services Tax (GST));
(b) Any taxes, GST or other duties we are or become liable to pay in respect of any supplies made to you;
(c) Credits submitted by your Establishment;
(d) Chargebacks; and
(e) Other fees and charges as specified to you.
Settlement Calculation. For each Calculation Period: