Examples of Remuneration Fee in a sentence
Service Fees shall be comprised of Petroleum Costs and a Remuneration Fee.
The Remuneration Fee per Barrel shall be computed pursuant to Article 19.5 of this Contract and charged accordingly to the Operating Account.
Contractor shall become entitled to the Remuneration Fee and shall start charging the same to the Operating Account only after the Service Fees Eligibility Date.
During the periods when the rate of production is decreased due to minimising Associated Gas wastage under Article 12.5(b), production curtailment imposed under Article 12.5(e) or Article 12.5(f), the Remuneration Fee Bid adjustment under Article 19.5(e) shall cease to apply.
As condition of approval, the Owner will be responsible for the following (if applicable) at the Owner’s expense: • Remuneration Fee based on fair market value of area being abandoned,• Relocation of utilities,• Drainage Report/Drainage Impact Analysis,• Flood Study,• Traffic Study,• Retaining easements with the right-of-way abandonment, and• Re-platting.
OVERVIEW(Amount in millions)Particulars of Remuneration Fee for attending Board/Committee meetings4CommissionOthers, pleasespecifyTotal AmountIndependent Directors R.
Sr.No.Particulars of Remuneration Fee for attending Board/Committee Meetings Commission0000 Others0000 Total (B) (2)0000 Total (B) = (B)(1) + (B)(2)42500250003250030000 C.
However, any adjustment of this Remuneration Fee under this Article 19 shall cease for so long as the following cases shall apply: (i) Government imposed production curtailment under Article 12.5(d); or (ii) where normal production is curtailed or suspended through failure of Transporter(s) to receive the same at the Transfer Point(s) at no fault of Operator or Contractor under Article 12.5(e).
Initial Annual Remuneration Fee Payable to Travail Up to £18,999 15% £19,000 - £24,499 17.5% £24,500 - £34,999 20% in excess of £35,000 25% For the purpose of this clause “remuneration” means the aggregate of gross taxable pay and taxable and non-taxable emoluments including the provision of a car and commission and/or bonuses payable or provided by the Client or any other person to the Applicant in consideration for the engagement of the Applicant.
In return, the petroleum costs, constituting Capital Costs, Non-Capital Costs, Operating Costs, Bank Charges (interests), and Remuneration Fee, will be recovered through the revenues generated from the filed as the result of the development operations carried out by the foreign oil company as contractor.