Common use of Financing Charges Clause in Contracts

Financing Charges. All charges such as interest, bank charges, fees, commissions and other operative expenses related to banking operations applicable to JOINT OPERATIONS but will specifically exclude any interest that FOMICRUZ will pay to ESTELAR pursuant to ESTELAR funding its share of EXPLORATION or EXPLOITATION expenses.

Appears in 2 contracts

Sources: Ute Agreement (Extorre Gold Mines LTD), Ute Agreement (Extorre Gold Mines LTD)