Common use of OPERATOR'S FEE Clause in Contracts

OPERATOR'S FEE. 11.1 The Operator may charge the following sums in return for its head office overhead functions which are not charged directly: (a) with respect to Programs: (i) 10% for each individual contract which expressly includes an overhead charge by the party contracted; (ii) 8% for each individual contract which exceeds $1,000,000 and is not subject to clause 11.01(a)(i) hereof; (iii) 8% of all other Costs not included in clauses 11.01(a)(i) and 11.01(a)(ii). (b) with respect to Construction: 10% of all other such Costs; (c) subsequent to the Completion Date: 5% of all Operating Costs.

OPERATOR'S FEE. 11.1 11.01 The Operator may charge the following sums in return for its head office overhead functions which are not charged directly: (a) with respect to Programs: (i) 102% for each individual contract which expressly includes an overhead charge by the party contracted; (ii) 85% for each individual contract which exceeds $1,000,000 50,000 and is not subject to clause 11.01(a)(i) hereof; (iii) 810% of all other Costs not included in clauses 11.01(a)(i) and 11.01(a)(ii). (b) with respect to Construction: 101% of all other such Costs; (c) subsequent to the Completion Date: 53.5% of all Operating Costs.

OPERATOR'S FEE. 11.1 11.01 The Operator may charge the following sums in return for its head office overhead functions which are not charged directly: (a) with respect to Programs: (i) 10% two percent for each individual contract which expressly includes an overhead charge by the party contracted; (ii) 8% five percent for each individual contract which exceeds $1,000,000 50,000 and is not subject to clause 11.01(a)(i) hereof; (iii) 8% 10 percent of all other Costs not included in clauses 11.01(a)(i) and 11.01(a)(ii). (b) with respect to Mine development and Construction: 10% three percent of all other such Costs; (c) subsequent to the Completion Date: 5% two percent of all Operating Costs.

OPERATOR'S FEE. 11.1 The Operator may charge the following sums in return for its head office overhead functions which are not charged directly: (a) with respect to Programs: (i) 102% for each individual contract which expressly includes an overhead charge by the party contracted; (ii) 85% for each individual contract which exceeds $1,000,000 50,000 and is not subject to clause 11.01(a)(iSection 11.1(a)(i) hereof;; or (iii) 810% of all other Costs not included in clauses 11.01(a)(iSections 11.1(a)(i) and 11.01(a)(ii11.1(a)(ii).; (b) with respect to Construction: 101% of all other such Costs;; and (c) subsequent to the Completion Date: 53.5% of all Operating Costs.

OPERATOR'S FEE. 11.1 The Operator may charge the following sums in return for its head office overhead functions which are not charged directly: (a) with respect to Programs: (i) 102% for each individual contract which expressly includes an overhead charge by the party contracted; (ii) 85% for each individual contract which exceeds $1,000,000 50,000 and is not subject to clause 11.01(a)(i11.1(a)(i) hereof; (iii) 815% of all other Costs not included in clauses 11.01(a)(i11.1(a)(i) and 11.01(a)(ii11.1(a)(ii). (b) with respect to Construction: 101 % of all other such Costs; (c) subsequent to the Completion Date: 53.5% of all an Operating Costs.

OPERATOR'S FEE. 11.1 The Operator may charge the following sums in return for its head office overhead functions which are not charged directly: (a) with respect to Programs: (i) 102% for each individual contract which expressly includes an overhead charge by the party contracted; (ii) 85% for each individual contract which exceeds $1,000,000 50,000 and is not subject to clause 11.01(a)(i11.1(a)(i) hereof; (iii) 815% of all other Costs not included in clauses 11.01(a)(i11.1(a)(i) and 11.01(a)(ii11.1(a)(ii). (b) with respect to Construction: 101% of all other such Costs; (c) subsequent to the Completion Date: 53.5% of all Operating Costs.

OPERATOR'S FEE. 11.1 The Operator may charge the following sums in return for its head office overhead functions which are not charged directly: (a) with respect to Programs: (i) 102% for each individual contract which expressly includes an overhead charge by the party contracted; (ii) 85% for each individual contract which exceeds $1,000,000 50,000 and is not subject to clause 11.01(a)(i) hereof; (iii) 815% of all other Costs not included in clauses 11.01(a)(i) and 11.01(a)(ii). (b) with respect to Construction: 101 % of all other such Costs; (c) subsequent to the Completion Date: 53.5% of all an Operating Costs.