FOURTH PARAGRAPH Sample Clauses

FOURTH PARAGRAPH. The percentage shall cover internal services as well as services bought externally. The expenses covered by the percentage shall not be subject to any audit. Services of an extraordinary nature which are beneficial to one or several joint ventures on the Norwegian Continental Shelf shall be chargeable directly to the relevant joint ventures in addition to the percentage. If the expenses for services of an extraordinary nature are known at the time when the Operator submits the budget proposal for the coming year, these expenses are to be included in the budget proposal. In all cases, the management committee shall be informed of any such expense in the monthly report. Extraordinary nature means work performed by the Group Staffs of a particularly large or unusual scope and not comprising work which forms part of the ordinary operation of one or several joint ventures (major investigations, reports and crisis management related to accidents and the like, the establishment of new group systems and other extraordinary activities). Expenses related to services of an extraordinary nature shall be documented by way of work description and may be subject to an audit. Expenses covered by this Article 2.2.3 shall not be charged to the joint ventures in any other way.
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FOURTH PARAGRAPH. To support the obligation of paying the rent THE LESSEE shall granted in favor of THE LESSOR the guarantees it may demand. FIFTH PARAGRAPH THE LESSEE resigns the formalities of receiving a requirement expressly to fall in a late payment in the event of delay or non compliance of the obligations agreed upon in this contract and accepts from now on as full proof of any non fulfillment the communication addressed to this party by THE LESSOR or to the application filed vis-a-vis the competent authority to obtain its rights.
FOURTH PARAGRAPH. The payment shall be deposited into a bank account kept at a banking institution defined by CHESF, which may also select to issue bills of acceptance which shall be retired by means of bank payments.
FOURTH PARAGRAPH. The percentage shall cover internal services as well as services bought externally. The expenses covered by the percentage shall not be subject to any audit. Services of an extraordinary nature which are beneficial to one or several Joint Ventures within the scope of this Agreement shall be chargeable directly to the relevant Joint Ventures in addition to the percentage. If the expenses for services of an extraordinary nature are known at the time when the Technical Services Provider submits the budget proposal for the coming year, these expenses are to be included in the budget proposal. In all cases, the Operator shall be informed of any such expense in the monthly report. Extraordinary nature means work performed by the Corporate Staffs of a particularly large or unusual scope and not comprising work which forms part of the ordinary operation of one or several joint ventures (major investigations, reports and crisis management related to accidents and the like, the establishment of new group systems and other extraordinary activities). Expenses related to services of an extraordinary nature shall be documented by way of work description and may be subject to an audit. Expenses covered by this item 2.2.3 shall not be charged to the Joint Ventures in any other way.
FOURTH PARAGRAPH. The Company and KCA agree that the fourth paragraph of the Distribution Agreement, which begins with the words “The Company, VNG, TEC, VNR Holdings” (the “Fourth Paragraph”) is hereby amended by:
FOURTH PARAGRAPH. When the monthly consumption of the airports Xxxxx Xxxxxxx of Santa Xxxxx, Palonegro of Bucaramanga, Xxxxxx Xxxx of Cucuta, Los Garzones of Monteria, Yariguies of Barrancabermeja and Matecaña of Pereira exceed the average expected in Annex No. 1 to this Agreement, the difference in fuel will be that established in said Annex No. 1 that is an integral part of this Agreement.
FOURTH PARAGRAPH. In the event of any cases specified in Article 40 of Law 8.245/91, or the like, drawn from amended laws, Lessee shall replace the guarantor within thirty (30) days after the event, under penalty of being subject to termination of the contract for breach of contract and legal.
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FOURTH PARAGRAPH. TERPEL may not modify, revoke or cancel the guarantee or insurance without prior written authorization from THE AIRLINES. FIFTH PARAGRAPH: It is hereby understood that any deductible agreed in the policies shall be fully borne by TERPEL, as well as any damage in excess of the insured limit, as long as the event is covered by the policy.
FOURTH PARAGRAPH. Each party shall be liable for those taxes, fees or contributions that apply to it pursuant to current applicable tax regulations and established or to be established in relation to the services rendered, as well as compliance with all tax regulations applicable in relation to their activity, making all applicable withholdings to the legally established fare on payments or credits made in compliance with this agreement.
FOURTH PARAGRAPH. Each party shall be liable for those taxes, fees or contributions that apply to it pursuant to current applicable tax regulations and established or to be established in relation to the services rendered, as well as compliance with all tax regulations applicable in relation to their activity, making all applicable withholdings to the legally established fare on payments or credits made in compliance with this agreement. However, in the event of new taxes, fees or contributions that affect the agreement’s financial balance, the Parties undertake to negotiate in good faith, during a period not to exceed thirty (30) working days as of when party notifies the other party of a new tax, fee or contribution. If an agreement between the Parties is not reached during said period of time, they will escalate the matter to those who may determine its approval; if they do not reach an agreement and as a last resources, the subject matter of the obligations derived from this agreement may be suspended by TERPEL; and THE AIRLINES are ta liberty of purchasing the fuel supply from other suppliers of their choice or criteria until an agreement is reached, without constituting a breach of THE AIRLINES’ obligations.
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