Signature Bonus. The Contractor shall pay the Government a signature bonus of US$ Dollars (US$ ). Such payment will be made within a period of fifteen (15) Business Days after the Effective Date, or such earlier date as agreed amongst the Parties. Such payment will be made to a bank account within the Bank of Guyana, which is owned by the Government as designated in writing by the Minister of Finance. The Contractor shall verify such bank accounts and the Minister agrees to cooperate, assist and provide the Contractor any information it requires to conduct such verification. The signature bonus shall not be cost recoverable.
Appears in 3 contracts
Samples: Model Production Sharing Agreement, Sharing Agreement, oilnow.gy
Signature Bonus. The Contractor shall pay the Government a signature bonus of US$ Dollars (US$ ). Such payment will be made within a period of fifteen (15) Business Days after the Effective Date, or such earlier date as agreed amongst the Parties. Such payment will be made to a bank account within the Bank of Guyana, which is owned by the Government as designated in writing by the Minister of Finance. The Contractor shall verify such bank accounts and the Minister agrees to cooperate, assist and provide the Contractor any information it requires to conduct such verification. The signature bonus shall not be cost recoverable.
Appears in 1 contract
Samples: Production Sharing Agreement
Signature Bonus. The Contractor shall pay the Government a signature bonus of US$ Dollars (US$ ). Such payment will be made within a period of fifteen (15) Business Days after the Effective Date, or such earlier date as agreed amongst the Parties. Such payment will be made to a bank account within the Bank of Guyana, which is owned by the Government as designated in writing by the Minister of FinanceFinance of the Government. The Contractor shall verify such bank accounts and the Minister agrees to cooperate, assist assist, and provide the Contractor any information it requires to conduct such verification. The signature bonus shall not be cost recoverable.
Appears in 1 contract
Samples: Production Sharing Agreement
Signature Bonus. The Contractor shall pay the Government a signature bonus of US$ Dollars (US$ ). Such payment will be made within a period of fifteen (15) Business Days after the Effective Date, or such earlier date as agreed amongst the Parties. Such payment will be made to a bank account within the Bank of Guyana, which is owned by the Government as designated in writing by the Minister of FinanceFinance of the Government. The Contractor shall verify such bank accounts and the Minister agrees to cooperate, assist and provide the Contractor any information it requires to conduct such verification. The signature bonus shall not be cost recoverable.
Appears in 1 contract
Samples: Sharing Agreement