Supplementary Costs. The Price is calculated on the basis of performance during normal working hours per day and/or week and under normal (working) conditions. This means it must be possible to carry out the Services continuously and sequentially. The Lessor will be entitled to charge additional costs for additional performance due to abnormal circumstances, working hours and difficulties, foreseeable or unforeseeable and/or due to incorrect/incomplete details to be provided by the Lessee.
Supplementary Costs. (a) Contractor may start charging Supplementary Costs to the Operating Account as from the Effective Date, in accordance with this Contract and the Annex C.
(b) Supplementary Costs shall become due and payable upon invoicing in accordance with Clause 9 of Annex C. Invoices shall be submitted starting with the Quarter following the Quarter in which First Commercial Production is achieved.
(c) Supplementary Costs due to Contractor shall be paid in cash (in Dollars), unless ROC elects to pay in Export Oil. Any election by ROC shall be advised to the Contractor on or before January 31st of each Calendar Year, for the following Year. Contractor shall advise ROC by April 1st of each Year of its expected payment amounts for the following Year. Cash payments shall be made within sixty (60) days of the submission of an invoice pursuant to Clause 9 of the Accounting Procedures. For payment in Export Oil, the Export Oil Price shall be in accordance with Article 18 and liftings shall be scheduled in accordance with an agreement reached pursuant to Addendum Four. Any election shall remain in effect for the Calendar Year for which the election was made.
(d) Outstanding balances on all Supplementary Costs shall bear interest at LIBOR plus one percent (1%) from the last day of the Month in which such Supplementary Costs are first invoiced until the date when they are paid to the Contractor, provided that interest shall be fixed for each tranche of Supplementary Costs based on LIBOR prevailing as at the last day of the Month in which the invoice date occurs.
(e) Supplementary Costs paid and interest as provided in Article 19.7(c) shall be deemed to cover all amounts due to Contractor for Supplementary Costs incurred.
(f) Recovery of Supplementary Costs (including interest) shall be paid to the extent of sixty (60)% of Deemed Revenue less Petroleum Costs and Remuneration paid as follows: Deemed Revenue * 60% - (Petroleum Costs paid + Remuneration paid)
(g) Any due Supplementary Costs that remain unpaid in respect of any Quarter shall be carried forward and paid in succeeding Quarter(s) until fully paid.
(h) ROC reserves the right at any time by notice to Contractor to increase the percentage of Deemed Revenue available as specified in Article 19.7(e).
Supplementary Costs. The Price is calculated on the basis of performance during normal working hours per day and/or week and under normal (working) conditions. This means that it must be possible to carry out the Work continuously and consecutively unless expressly stated otherwise. Xxxxxxxx Xxxxxx is entitled to charge additional costs for additional performance due to abnormal circumstances, working hours and difficulties, foreseeable or unforeseeable, and/or due to incorrect and/or incomplete information and documents to be supplied by the Principal. The communication in this regard between the Principal and its Client is transferred at the request of the Service Provider. At the request of the Service Provider, consultations shall be planned between the Parties concerned. The Service Provider reserves the right to claim damages for any work interruption due to the fault, negligence or lack of foresight of the Principal. Additional services/work that could not be estimated when the Quotation was drawn up are always offsetable.
Supplementary Costs. Contractor shall start charging Supplementary Costs to the Operating Account as from the Effective Date, in accordance with this Contract and the Accounting Procedure but the same shall be due and payable according to the following:
(a) the signature bonus paid under Article 4 shall be amortized and recovered over twenty (20) equal Quarterly payments beginning with the ninth Quarter following the Quarter in which the Effective Date occurs;
(b) de-mining costs incurred pursuant to Article 7.3 shall accrue and be recovered over eight (8) equal Quarterly payments beginning with the first Quarter following the date on which de-mining costs start being incurred;
(c) costs or expenses incurred pursuant to Articles 10.4, 10.6, 12.6, and 17.6 for additional facilities shall accrue and be payable beginning in the first Month of the Calendar Quarter following their payment date;
(d) costs or expenditures incurred pursuant to Article 41.16 for remediation of pre- existing environmental conditions shall accrue and be payable beginning in the first Month of the Calendar Quarter following their payment date; and
(e) outstanding balances on all Supplementary Costs shall bear interest at LIBOR plus one percent (1%) from the date when Supplementary Costs are incurred until the date when Supplementary Fees are received.
Supplementary Costs. Contractor shall start charging Supplementary Costs to the Operating Account as from the Effective Date, in accordance with this Contract and the Accounting Procedure but the same shall be due and payable according to the following:
(a) the signature bonus paid under Article 4 shall be amortized and recovered over twenty (20) equal Quarterly payments beginning with the ninth Quarter following the Quarter in which the Effective Date occurs;
(b) de-mining costs incurred pursuant to Article 7.4 shall accrue and be recovered over eight (8) equal Quarterly payments beginning with the first Quarter following the date on which de-mining costs start being incurred;
(c) costs or expenses incurred pursuant to Articles 7.7 (b), 10.4, 10.6, 12.6, and 17.6 for additional facilities shall accrue and be payable beginning in the first Month of the Calendar Quarter following their payment date;
Supplementary Costs. 10.1 Additional per-Consortium fees will apply to supplementary data products and services not included in this agreement. Fees will only apply following a written request by the Consortium Lead to the CCSD for supplementary data products or services.
Supplementary Costs. You agree to be responsible for the following fees, costs and expenses (the “Supplementary Costs”):
(a) any amounts incurred by the Depositary pursuant to requirements of applicable law, rules and/or regulations to pay banks, brokers and dealers for distributing information provided by you under the Program to their customers (i.e. broker reimbursements);
(b) any reasonable expenses incurred by us in order to be in compliance with any newly adopted or modified laws, rules and/or regulations affecting the Program during the period in which this Letter Agreement is effective; and
(c) any reasonable fees charged by the Depositary in connection with servicing Non- Routine Corporate Actions (as defined in Schedule II), ownership limitations, extraordinary and special meetings of shareholders, consent solicitations and ADS ratio changes provided that, to the extent practicable, we will negotiate in good faith to reach agreement with you prior to providing such non-routine services and/or charging such reasonable fees; and
(d) any Program Costs which we are not able to deduct from the Program Share (if any). We shall invoice you for any Supplementary Costs, which must be paid by you within 45 days of the date of the invoice. To the extent not so timely paid, we reserve the right to offset any invoiced Supplementary Costs (increased by an amount of any withholding or deduction required under the Code) against amounts that would otherwise be available to you for Contributions.
Supplementary Costs. Contractor shall start charging Supplementary Costs to the Operating Account as from the Effective Date, in accordance with this Contract and Accounting Procedure but the same shall be due and payable according to the following:
(a) the signature bonus paid under Article 4 shall be amortized and recovered over twenty (20) equal Quarterly payments beginning with the ninth Quarter following the Quarter in which the Effective Date occurs;
(b) de-mining costs incurred pursuant to Article 7.3 shall be recovered over eight
Supplementary Costs. The Clients recognize that they have taken notice of the scale of other fees issued on 01/01/2008 and to have received a copy from it.
Supplementary Costs. All unforeseen costs shall be borne by the Client. These costs, without this list being exhaustive, relate to: • custom duties, (problems with) customs or other formalities. • increased transport costs. • waiting and immobilization times. • costs due to delay and/or late delivery. • (additional) bank charges, changed exchange rates. • any other levies/taxes imposed. These additional costs can be charged separately and subsequently to the Client. Delivery periods, arrival and departure dates are not guaranteed by the Carrier, unless otherwise agreed in writing in advance. The mere mention by the Client of a delivery period does not bind the Carrier.
