Payment by Operator Sample Clauses
The 'Payment by Operator' clause establishes the obligation of the operator to make payments to another party, typically in exchange for goods, services, or rights provided under the agreement. This clause outlines the timing, method, and conditions under which payments must be made, such as specifying due dates, acceptable payment methods, and any penalties for late payment. Its core practical function is to ensure that financial transactions between the parties are clearly defined and enforceable, thereby reducing the risk of disputes over payment terms.
Payment by Operator. In the event that the payment which a Party that is or becomes a Defaulting Party has failed to make is a payment due under this Agreement to a person who is not a Party, the Operator may and shall if so directed by the Operating Committee, by a vote of Non-Defaulting Parties whose Participating Interests aggregate a simple majority of the total Participating Interests of the Non-Defaulting Parties, pay the same to such person. Any amount so paid shall constitute a debt immediately due and payable by such Party to the Operator.
Payment by Operator. (i) The Operator hereby agrees to pay and assume liability for, and on written demand to indemnify, protect, defend, save and hold harmless each Indemnitee from and against, any and all governmental or quasi-governmental fees (including without limitation license and registration fees), taxes (including without limitation gross receipts, franchise, sales, use, property, real or person, tangible or intangible), interest equalization and stamp taxes, assessments, levies, imposts, duties, charges or withholdings of any nature whatsoever, together with any and all penalties, fines or interest thereon ("Fees, Taxes and Other Charges") imposed against any Indemnitee, the Operator or the Facility or any portion thereof by any Federal, state or local governmental or taxing authority in the United States of America or by any foreign government or any subdivision or taxing authority thereof, upon or with respect to the occupation and operation of the Facility by the Operator and the production and sale of the Product.
(ii) Notwithstanding anything to the contrary set forth above, the provisions of this Section 16.02 shall not apply to:
(A) Fees, Taxes and Other Charges on, or measured in whole or in part by (y) the net income or gross income of an Indemnitee or (z) the franchise, capital, conduct of business, net worth or tax preference of an Indemnitee;
(B) Fees, Taxes and Other Charges to the extent on, levied on, or measured by, any fees or compensation received by an Indemnitee for services rendered in connection with this Agreement;
(C) Fees, Taxes and Other Charges which result from any Indemnitee engaged in activities not related to this Agreement;
(D) So long as no Event of Default has occurred and is continuing, Fees, Taxes or other Charges imposed as a result of the voluntary sale, transfer, assignment or other disposition of any interest in the Facility by an Indemnitee, if such disposition shall not be pursuant to or in connection with Article XIV hereof;
(E) Fees, Taxes or Other Charges imposed solely with respect to any period after the Term unless an Event of Default has occurred and is continuing and the Owner shall be exercising remedies with respect thereto;
(F) Fees, Taxes or Other Charges imposed as the result of any transfer or disposition of any interest in the Facility by any Indemnitee resulting from bankruptcy or other proceedings for the relief of debtors (voluntary or involuntary) in which the transferor is the debtor; or
(G) Fees, Taxes a...
Payment by Operator. The Operator shall pay to Tennessee all bills presented as provided in the Iroquois Pipeline Operating Company and Tennessee Gas Pipeline Company Agreement with Respect to Iroquois Gas Transmission System ("IPOC/Tennessee Agreement") on or before thirty (30) days from the date such invoice is rendered. If payment is not made within such time, the unpaid balance shall bear interest until paid at a rate (which in no event shall be higher than the maximum rate or rates permitted by applicable law) equal to the rate designated by the Morgan Guaranty Trust ▇▇▇▇▇▇y from time to time as its prime rate plus one percent. Payment by or on behalf of the Operator shall not be deemed a waiver of the right to recoup any amount in question.
Payment by Operator. All payments received by Operator from a Non- Participating Party pursuant to Subsection 9.6C shall be paid promptly to the Participating Parties in the proportions in which they shared the Costs of Such Construction and Drilling.
Payment by Operator of any amounts due in accordance with Clause 7.3 above shall be made within thirty (30) calendar days after the later of (a) Rolls-Royce's date of invoice, or (b) redelivery to Operator of any item of Products following the Rework of such item of Products. Rolls-Royce Deutschland/Midwest Express Airlines General Terms Agreement Schedule A To Exhibit G (Total Support Package) Engine Serial Numbers Rolls-Royce Deutschland/Midwest Express Airlines General Terms Agreement Schedule B to Exhibit G (Total Support Package) NOT APPLICABLE Rolls-Royce Deutschland/Midwest Express Airlines General Terms Agreement Schedule C to Exhibit G (Total Support Package) Operating Report Operating Report for the month of _____________, ______ Engine Serial Number TSN CSN MFH MFC BR12345 10,000 8,000 200 50 ----- ----- Monthly Total % of Flight Cycles using of ATO/1 during month: XX% OR Average Derate achieved During Month: XX% Rolls-Royce Deutschland/Midwest Express Airlines General Terms Agreement Schedule D to Exhibit G (Total Support Package) RESERVED Rolls-Royce Deutschland/Midwest Express Airlines General Terms Agreement Schedule E to Exhibit G (Total Support Package) - NOT APPLICABLE Rolls-Royce Deutschland/Midwest Express Airlines General Terms Agreement Schedule F to Exhibit G (Total Support Package) Covered Components: Covered Components shall include the following major line replaceable units: 1 COOLER, SURFACE AIR COOLED 241201 01-100 2 PUMP, FUEL 731101 01-100 3 VALVE; BYPASS AND VENT 731304 01-100 4 CONTROLLER,ELECTR.ENGINE 732101 01-400 5 METER, FUEL (FMU) 732103 01-100 6 PROBE,P20/T20 732105 01-100 7 CONTROLLER, OVERSPEED PROT. 732111 01-100 8 TRANSMITTER, FUEL FLOW 733101 01-100 9 VALVE, AIR BUFFER 752201 01-100 10 ACTUATOR, VAR STATOR VANE 753101 01-200 11 SOLENOID, BLEED VALVE HANDLING 753102 01-100 12 ACTUATOR, BOOSTER BLEED VALVE 753201 01-100 13 PUMP, OIL UNIT 792101 01-100 14 COOLER, FUEL COOLED OIL 792201 01-400 15 STARTER,AIR TURBINE 801101 01-100 16 VALVE,STARTER AIR 801103 01-100 Rolls-Royce Deutschland/Midwest Express Airlines General Terms Agreement Schedule G to Exhibit G (Total Support Package) (RESERVED) Rolls-Royce Deutschland/Midwest Express Airlines General Terms Agreement
Payment by Operator of any amounts due in accordance with Clause 7.3 above shall be made within thirty (30) calendar days after the later of (a) Rolls-Royce's date of invoice, or (b) redelivery to Operator of any item of Products following the Rework of such item of Products. Rolls-Royce Corporation/Astral Aviation General Terms Agreement Schedule A To Exhibit G (Total Support Package) Engine Serial Numbers Rolls-Royce Corporation/Astral Aviation General Terms Agreement Schedule B to Exhibit G (Total Support Package) NOT APPLICABLE Rolls-Royce Corporation/Astral Aviation General Terms Agreement Schedule C to Exhibit G (Total Support Package) Operating Report Operating Report for the month of _____________, ______ Engine Serial Number TSN CSN MFH MFC AE12345 10,000 8,000 200 50 ______ ______ Monthly Total % of Flight Cycles using of ATO/1 during month: XX% OR Average Derate achieved During Month: XX% Rolls-Royce Corporation/Astral Aviation General Terms Agreement Schedule D to Exhibit G (Total Support Package) Adjustment of Charges The rates contained in this agreement are predicated upon use of the AT/O-1 take off rating for 85% of all take offs. To the extent Operator's usage of the AT/O-1 power setting varies from this assumption, the rates contained in this Agreement shall be revised, either up or down, in accordance with the following table: -------------------------------------------------------------------------------- Percent of Flights Percent of Flights Rate Adjustment for Using AT/0-1 Power Using T/0-1 Power AE 3007 Engines -------------------------------------------------------------------------------- 100.0% 0.0% * -------------------------------------------------------------------------------- 95.0% 5.0% * -------------------------------------------------------------------------------- 90.0% 10.0% * -------------------------------------------------------------------------------- 85.0% 15.0% * -------------------------------------------------------------------------------- 80.0% 20.0% * -------------------------------------------------------------------------------- 75.0% 25.0% * -------------------------------------------------------------------------------- 70.0% 30.0% * -------------------------------------------------------------------------------- 65.0% 35.0% * -------------------------------------------------------------------------------- 60.0% 40.0% * -------------------------------------------------------------------------------- 55.0% 45.0% * -----------...