Cost Sharing Principles. 3.1 Purchaser shall, based on “Arm’s Length” principle, fully compensate Service Provider for all costs occurring related to activities under this Service Agreement which are executed on behalf of Purchaser.
Cost Sharing Principles. 1.1 These cost sharing principles are intended to ensure that the costs of the Parties and the relevant services administered by the Administering Authority on behalf of the Parties are shared on a fair and equitable basis.
Cost Sharing Principles. The Members shall bear the costs of the Consortium (as defined in Article 7.2 of the Consortium Agreement) as follows (can be adapted by the Members’ meeting): Administrative Costs: management and communication Each Associate and Regular Member pays a yearly fixed fee of 3000 euro. Amount can be changed at the Members’ Meeting in future if needed. On top of the basic fixed fee of 3000 euro, each Regular Member shall pay their fair share of the remaining administrative costs based on their European total tonnage of all imported and/or manufactured substances of the Regular Member and its affiliates as reported to the Secretariat (tonnages of year x define the membership fee in year x+1).
Cost Sharing Principles. The following costs shall be shared between the concerned Members, as the case may be, in accordance to the inclusion of the Sub-group: - Administrative expenses reasonably incurred by the Parties for the management of the Consortium, including secretarial services, management of confidential data or external experts which have been approved by the Steering Committee. Any such costs shall not include any out-of-pocket expenses incurred by the Parties unless approved in advance by the Steering Committee. - Acquisition of rights to existing Studies valued under conditions specified above provided that the Member needs to submit the Study according to its tonnage band and inclusion in Sub-groups; - Costs for new Studies to be jointly developed according to Xxxxxxx XX to VIII of the REACH Regulation, provided that the Member needs to submit the Study according to its tonnage band, adhesion to Sub-groups and provided that no study will be initiated without a budget approved by the Steering Committee; - Costs for new Studies to be jointly developed pursuant to the evaluation of testing proposals by the Agency, provided that the Member needs to submit the Study according to its tonnage band, adhesion to Sub-groups and provided that no study will be initiated without a budget approved by the Steering Committee. - Other costs incurred by the Members in the context of this Agreement shall not be compensated unless agreed by the Steering Committee. The expenses shall be allocated to Members in accordance with the Cost sharing rule and allocation principles detailed in a Data and Cost sharing Policy that the Steering Committee shall approve, on the basis of a Technical Committee proposal and the rules previously agreed under the Association umbrella. If a Member fails to meet its financial and other member obligations as basic member or associated member of EtOH-REACH Association and/or as Regular or Associate Consortium Member of the Fusel Oil Consortium, access to the dossier will be prohibited till company has met its commitments. All payments due hereunder shall be net payments, i.e. free of any bank or transfer charges or similar charges and without deduction of any taxes, levies or other dues payable. If payer is required to withhold any tax or to make any other deduction from any such payments, then the said payments shall be increased to the extent necessary to ensure that, after making of the required deduction or withholding, payee receives and retains (free...
Cost Sharing Principles. All costs of Consortium establishment and management, and all costs engaged for the Purpose, in particular in establishing and submitting the Registration Dossiers, including developing studies and purchasing access to third party owned information where necessary shall be shared in accordance with Annex 9.
Cost Sharing Principles
