Schedule Bonus. A. If Substantial Completion of Subproject 1 occurs before the date falling *** (***) Days after issuance of NTP (“Schedule Bonus Date for SP1”), Owner shall pay Contractor a bonus in the amount of *** (U.S.$***) per MMBtu of the LNG that is both (i) produced by Subproject 1 between the period of first production of LNG from Subproject 1 and the Schedule Bonus Date for SP1 and (ii) sold by Owner to one of its customers prior to the Schedule Bonus Date for SP1 (“Schedule Bonus for SP1”).
Schedule Bonus. A. If Substantial Completion of Subproject 6(a) occurs before the date falling one thousand six hundred twelve (1,612) Days after issuance of LNTP No. 1 for Subproject 6(a) (“Schedule Bonus Date for SP6(a)”), Owner shall pay Contractor a bonus in the amount of Fifty Cents (U.S.$0.50) per MMBtu of the LNG that is both (i) produced by Subproject 6(a) between the period of first production of LNG from Subproject 6(a) and the Schedule Bonus Date for SP6(a) and (ii) loaded onto an LNG Tanker for export prior to the Schedule Bonus Date for SP6(a) (“Schedule Bonus for SP6(a)”).
Schedule Bonus. A. If Substantial Completion occurs before the date falling *** (***) Days after issuance of NTP (“Schedule Bonus Date”), Owner shall pay Contractor a bonus in the amount of *** (U.S.$***) per MMBtu of the LNG that is both (i) produced by Project 5 between the period of first production of LNG from Project 5 and the Schedule Bonus Date and (ii) sold by Owner to one of its customers prior to the Schedule Bonus Date (“Schedule Bonus”); provided that the total bonus paid for Project 5 shall not exceed *** U.S. Dollars ($U.S.***).
Schedule Bonus. 22.1. A schedule bonus will be awarded for shift work. The bonus will be calculated on the basis of the following time zone matrix, whereby the bonus is the sum of inconvenience values per hour worked, expressed as a percentage of the monthly salary. From To Monday % Tuesday % Wednesday % Thursday % Friday % Saturday % Sunday % 00.00 01.00 0.26 0.26 0.26 0.26 0.26 0.26 0.34 01.00 02.00 0.26 0.26 0.26 0.26 0.26 0.26 0.34 02.00 03.00 0.26 0.26 0.26 0.26 0.26 0.26 0.34 03.00 04.00 0.26 0.26 0.26 0.26 0.26 0.26 0.34 04.00 05.00 0.26 0.26 0.26 0.26 0.26 0.26 0.34 05.00 06.00 0.26 0.26 0.26 0.26 0.26 0.26 0.34 06.00 07.00 0.26 0.26 0.26 0.26 0.26 0.26 0.34 07.00 08.00 0.00 0.00 0.00 0.00 0.00 0.34 0.47 08.00 09.00 0.00 0.00 0.00 0.00 0.00 0.34 0.47 09.00 10.00 0.00 0.00 0.00 0.00 0.00 0.34 0.47 10.00 11.00 0.00 0.00 0.00 0.00 0.00 0.34 0.47 11.00 12.00 0.00 0.00 0.00 0.00 0.00 0.34 0.47 12.00 13.00 0.00 0.00 0.00 0.00 0.00 0.34 0.47 13.00 14.00 0.00 0.00 0.00 0.00 0.00 0.34 0.47 14.00 15.00 0.00 0.00 0.00 0.00 0.00 0.34 0.47 15.00 16.00 0.00 0.00 0.00 0.00 0.00 0.34 0.47 16.00 17.00 0.00 0.00 0.00 0.00 0.00 0.34 0.47 17.00 18.00 0.00 0.00 0.00 0.00 0.00 0.34 0.47 18.00 19.00 0.00 0.00 0.00 0.00 0.00 0.34 0.47 0.34 19.00 20.00 0.26 0.26 0.26 0.26 0.26 0.34 20.00 21.00 0.26 0.26 0.26 0.26 0.26 0.34 0.34 21.00 22.00 0.26 0.26 0.26 0.26 0.26 0.34 0.34 22.00 23.00 0.26 0.26 0.26 0.26 0.26 0.34 0.34 23.00 00.00 0.26 0.26 0.26 0.26 0.26 0.34 0.34
Schedule Bonus. Contractor shall be entitled to a bonus if Substantial Completion of a Unit is achieved prior to such Unit’s Substantial Completion Guaranteed Date (a “Schedule Bonus”) in an amount equal to (i) *** Dollars ($***) per day for each full day before the Substantial Completion Guaranteed Date on which the Substantial Completion Date of such Unit actually occurs, for the first thirty (30) days before the Substantial Completion Guaranteed Date of such Unit, and (ii) *** Dollars ($***) for each full day before the Substantial Completion Guaranteed Date on which the Substantial Completion Date actually occurs, for the period starting on the thirty first (31st) day before the Substantial Completion Guaranteed Date; provided that the Schedule Bonus shall not exceed an aggregate amount of *** Dollars ($***) for each Unit.. The Parties agree that for purposes of this Section 5.5, Substantial Completion shall be deemed to have been achieved on the date of Contractor’s notice of Substantial Completion with respect to a Unit that was accepted by Owner pursuant to an Owner’s Certificate of Substantial Completion for such Unit. Notwithstanding anything to the contrary in the foregoing, in the event the Substantial Completion Guaranteed Date is adjusted to a later date from that set forth herein due to the occurrence of one or more events of Force Majeure, for the sole purpose of calculating the amount of Schedule Bonus to be paid to Contractor pursuant to this Section 5.5.1, the number of days prior to the Substantial Completion Guaranteed Date on which Substantial Completion was achieved shall be reduced by one-half (½) the number of days by which the Substantial Completion Guaranteed Date was adjusted due to such events of Force *** CONFIDENTIAL MATERIAL REDACTED AND FILED SEPARATELY WITH THE COMMISSION. EXECUTION COPY Majeure, and the Schedule Bonus that Contractor would otherwise receive shall be calculated using such adjusted number of days.
Schedule Bonus. In the event Contractor achieves Target Completion on or before the Target Bonus Date, Contractor shall earn a schedule bonus in the amount of Twelve Million U.S. Dollars (U.S.$12,000,000) (the “Schedule Bonus”). If Target Completion is not achieved on or before the Target Bonus Date, the amount of such Schedule Bonus payable to Contractor shall be decreased by an amount of One Hundred Twenty-five Thousand U.S. Dollars (U.S.$125,000) for each Day which passes after the Target Bonus Date for the first fifteen (15) Days until Target Completion occurs, and then by an amount of Three Hundred Thousand U.S. Dollars (U.S.$300,000) for each Day which passes after the Target Bonus Date for the next ten (10) Days until Target Completion occurs, and then by an amount of Four Hundred Seventy-five Thousand U.S. Dollars (U.S.$475,000) for each Day which passes after the Target Bonus Date for the last fifteen (15) Days until Target Completion occurs, and then down to a Schedule Bonus amount of zero (U.S.$0). If Contractor earns the Schedule Bonus or any portion thereof, Contractor shall invoice Owner for the applicable amount of such Schedule Bonus in the next Invoice cycle under this Agreement, and Owner shall pay Contractor the applicable amount of such Schedule Bonus within the time required under this Agreement for making payments of amounts invoiced by Contractor. The failure of Contractor to achieve Target Completion by the Target Bonus Date shall not create a separate liability for Contractor under this Agreement. Adjustment to dates in Project Schedule: • Contractor shall develop a new Level HI Schedule to accelerate the Work to meet the following dates, and when reviewed by Owner, shall implement such Level III Schedule: • Tank 1 - Ready For Cool Down - February 18,2008 • Tank 2- Ready For Cool Down - March 23,2008 • Tank 3- Ready For Cool Down - July 1, 2008 • Target Bonus Date- April 3, 2008 • forecasted Substantial Completion- November 8,2008 (“Forecasted Substantial Completion”)
Schedule Bonus. A. If Substantial Completion of Project 1 occurs before the date falling *** (***) Days after issuance of NTP (“Schedule Bonus Date for P1”), Owner shall pay Contractor a bonus in the amount of *** (U.S.$***) per MMBtu of the LNG that is both (i) produced by Project 1 between the period of first production of LNG from Project 1 and the Schedule Bonus Date for P1 and (ii) sold by Owner to one of its customers prior to the Schedule Bonus Date for P1 (“Schedule Bonus for P1”); provided that the total bonus paid for Project 1 shall not exceed *** (U.S.$***).
Schedule Bonus. Contractor shall be entitled to a bonus if Substantial Completion is achieved prior to the Substantial Completion Guaranteed Date calculated as set forth in this Section 5.5.1 using the table set forth below. Notwithstanding anything to the contrary herein, the bonus paid to Contractor pursuant to this Section 5.5.1 shall in no event exceed *** Dollars ($***). Subject to the foregoing sentence, for each day prior to the Substantial Completion Guaranteed Date that Substantial Completion is achieved, Contractor shall be entitled to receive an amount equal to the sum of the products of (A) the number of days in each period set forth in the following table, ending on the date on which Substantial Completion occurs, multiplied by (B) the dollars per day corresponding to such period. Number of Days Prior to the Substantial Completion Guaranteed Date that Substantial Completion occurs: Dollars ($) per Day 30 to 75 $*** (for each Day during such 30 to 75 day period but not before) 76 to 136 $*** (for each day during such 76 to 136 day period but not before) 137 to 195 $*** (for each day during such 137 to 195 day period but not before) 195 and greater $*** (for each day prior to the day which is the 195th day prior to the Substantial Completion Guaranteed Date that Substantial Completion occurs, but not before) As an example only, if the Substantial Completion Date occurs 200 days prior to the Substantial Completion Guaranteed Date, such bonus would be equal to: (29 days x $***) + (46 days x $***) + (60 days x $***) + (59 days x $***) + (6 days x $***) = $*** *** CONFIDENTIAL MATERIAL REDACTED AND FILED SEPARATELY WITH THE COMMISSION. EXECUTION COPY 37 The Parties agree that for purposes of this Section 5.5.1, Substantial Completion shall be deemed to have been achieved on the date of Contractor’s notice of Substantial Completion that was accepted by Owner pursuant to an Owner’s Certificate of Substantial Completion. Notwithstanding anything to the contrary in the foregoing, in the event the Substantial Completion Guaranteed Date is adjusted to a later date from that set forth herein due to the occurrence of one or more events of Force Majeure or an Excusable Event caused by an event of Force Majeure affecting Owner, for the sole purpose of calculating the amount of bonus to be paid to Contractor pursuant to this Section 5.5.1, the number of days prior to the Substantial Completion Guaranteed Date on which Substantial Completion was achieved shall be reduced by on...
Schedule Bonus. In the event Contractor achieves Target Completion on or before the Target Bonus Date, Contractor shall earn a schedule bonus in the amount of Twelve Million U.S. Dollars (U.S.$12,000,000) (the “Schedule Bonus”). If Target Completion is not achieved on or before the Target Bonus Date, the amount of such Schedule Bonus payable to Contractor shall be decreased by an amount of Three Hundred Thousand U.S. Dollars (U.S.$300,000) for each Day which passes after the Target Bonus Date until Target Completion occurs, down to a Schedule Bonus amount of zero (U.S.$0). If Contractor earns the Schedule Bonus or any portion thereof, Contractor shall invoice Owner for the applicable amount of such Schedule Bonus in the next Invoice cycle under this Agreement, and Owner shall pay Contractor the applicable amount of such Schedule Bonus within the time required under this Agreement for making payments of amounts invoiced by Contractor. The failure of Contractor to achieve Target Completion by the Target Bonus Date shall not create a separate liability for Contractor under this Agreement.
Schedule Bonus. A. If Substantial Completion occurs before the date falling *** (***) Days after issuance of NTP (“Schedule Bonus Date”), Owner shall pay Contractor a bonus in the amount of *** (U.S.$***) per MMBtu of the LNG that is both (i) produced by Subproject 3 between the period of first production of LNG from Subproject 3 and the Schedule Bonus Date and (ii) sold by Owner to one of its customers prior to the Schedule Bonus Date (“Schedule Bonus”).
