DSD Fee definition
Examples of DSD Fee in a sentence
It is contemplated hereunder that AEBA shall assign its rights and obligations hereunder (other than the payment of the DSD Fee) to an off shore subsidiary domiciled in India (UBAPL) or the British Virgin Islands.
Under the DSD Consulting Agreement, upon execution of the UTE Agreement, the Project Company shall pay DSD a total of US$10,000 per month until the end of the first three months of Commercial Operation, and thereafter, the Project Company shall pay DSD a total of US$20,000 per month until the total payment of US$1.1 million is achieved (minus the DSD Fee if paid as provided below).
Notwithstanding anything to the contrary, the Parties acknowledge and agree that nothing contained in this Agreement shall constitute a commitment by AEBA or its Affiliates to underwrite or fund the AEBA Advance or provide or guarantee any financing for the Project, or any commitment by AEBA to guarantee any obligations or liabilities of the Project Company, other than the costs associated with the Preliminary Engineering Contract and the DSD Fee.
This Section 7.5 (Survival), Section 2.2(b) (DSD Fee), Section 3.1(d), Section 12.1 (Indemnity), Section 12.2 (Governing Law), Section 12.8 (Notices), Section 7.4 (Rights and Remedies) Article 8 (Limitation on Liability), Article 9 (Confidential Information), and Article 11 (Dispute Resolution), will survive the termination or expiration of this Agreement.