DFS Fee definition
Examples of DFS Fee in a sentence
Should the parties not proceed to execution of an EPC, the Customer shall pay the DFS Fee within thirty (30) days of the termination of negotiations as referred in Clause 5.2(a), such termination to be effected by notice in writing given by either party to the other party.
The Contractor shall not be required to perform the variation until such time as the DFS Fee and the minimum Energy Savings have been renegotiated.
Any such variation that, in the reasonable opinion of the ESCO or the Customer, extends beyond or markedly reduces the objectives set out in Clause 2.2 or substantially broadens or narrows the scope of the Services required pursuant to Clause 3.1, shall entitle the ESCO or the Customer to renegotiate the DFS Fee payable pursuant to Clause 5.1 and the ESCO shall not be required to perform the variation until such time as the DFS Fee has been renegotiated.
The ESCO may invoice the Agency for the DFS Fee on the Commencement Date.