Procurement Fee definition
Examples of Procurement Fee in a sentence
The Product Procurement Fee shall be applied to each Barrel of Product to be delivered to an Included Location or the Refinery pursuant to an Included Purchase Transaction.
On the terms and subject to the conditions set forth in this Agreement and any Exhibits hereto, IP agrees to provide to Sylvamo, and Sylvamo agrees to purchase from IP, the IP Procurement Services for the Monthly Procurement Fee.
On the 10th day of each month (or the next Business Day following such date, if such date is not a Business Day), IP will deliver to Sylvamo an invoice for the Monthly Procurement Fee for the preceding month which invoice shall include a detailed breakdown of the costs (a “Service Invoice”).
The Fiber Cost Plan will include the monthly as purchased fiber cost forecasts for all species and products managed herein and the estimated Monthly Procurement Fee for the Transferred ▇▇▇▇▇, as well as the Supporting Facilities and Third Party Yards holding IP-owned Inventory for the Transferred ▇▇▇▇▇ as set forth in Section 7.1.
As part of the Project Costs, the Buyer agrees to compensate its broker, EN-RGY Concepts, with a Project Procurement Fee of $0.05 per watt DC for its participation in the transaction, payable pro rata with the Purchase Price.