Allocation of Shared Costs. To the extent that costs and expenses are incurred by Licensee in respect of activities which would only in part qualify as Contract Expenses hereunder, such costs and expenses shall be allocated to the books, accounts, records and reports maintained hereunder in such a manner as to avoid any duplication of cost, to fairly and equitably reflect the costs attributable to Petroleum Operations carried out hereunder and to exclude any costs and expenses which should otherwise be allocated to those activities which would not constitute Petroleum Operations hereunder. It is understood, however, that any Exploration or Development and Production Expenditures associated with a unit development involving a Discovery Area, which extends into a neighbouring country shall be allocated on the basis of the petroleum reserves attributable to that portion of the Discovery Area located in each country.
Allocation of Shared Costs. Each Party acknowledges that costs related to products, services and resources exist which all members utilize, and that responsibility for payment of those costs must be fair and equitable. As a result, each Party agrees that the CEC, through majority vote, shall establish initially, and modify when necessary, the cost sharing and allocation procedures, considering recommendations from the PMO and FEB, and these procedures will include the relevant calculations, assumptions, and exceptions. Once established, the CEC will approve a Cost Sharing Agreement, as the basis for those procedures, and direct the PMO to incorporate detailed instructions in the application of those procedures, as well as the basis for the cost calculations and exception handling as part of the SOPs. The Parties recognize that the CEC may make revisions to the cost sharing and allocation procedures based on their quarterly approval of future obligations and commitments related to each member, but agree that the CEC will not make more than two revisions within a calendar year, unless there is a change in membership in the Consortium, or approval for the initial deployment of the full system to the client- facing production environment has been granted by the CEC for a member. The Parties agree to comply with approved cost sharing and allocation procedures and shall require providers, through their respective contracts with them, to report on and submit invoices for Production Support Services delivered to their respective states, in conformance with these procedures. Each Party agrees that, upon receipt of invoices from providers and request for payment from members, pursuant to the delivery of Support Services by them, they will be solely responsible for verifying the accuracy of invoices and requests for the proportional costs allocated for Support Services, in accordance with the cost allocation and sharing procedures, and will follow the Consortium’s Risk Management Process to report any discrepancies.
Allocation of Shared Costs. Except as otherwise agreed to by the Parties in writing, all Shared Costs incurred for the period after the Effective Date of this Addendum shall be allocated and shared on a prorata basis as follows:
Allocation of Shared Costs. Costs for EOC/IMT ordered resources will be shared based on the allocation of time, mileage, or item distribution count where the resources were used based on accounting provided by the EOC/IMT. This may include costs incurred to support the resources such as meals, lodging, travel, and miscellaneous costs. • To the extent that costs are attributable to a single party based on resource tracking, that party shall be solely responsible for the associated costs. • To the extent that resources are shared beyond two parties, those parties shall be solely responsible for the associated costs. If the share of costs is not documented by resource tracking, or cannot otherwise be attributed to any party, those costs shall be shared mutually by the parties receiving benefit of the services per the terms outlined below. • Costs benefiting all four agencies and not subject to direct allocations based on direct use, assignments or other direct measurement will be shared as follows: o Inyo County 31% o Mono County 31% o Town of Mammoth Lakes 31% o City of Xxxxxx 7% • The same cost allocation will be used to pay costs for which one party will be designated to pursue cost reimbursement. Reimbursements will be split based on the costs share allocations. • Sharing of Costs directly benefiting two or three of the parties will be based upon on the allocation percentages agreed upon by the administrators of the parties. • Reimbursement of shared costs will be divided between the parties based on the amounts allocated to them. A single party will be designated by the administrators of the parties to file for reimbursement of shared costs. • Each party will pursue reimbursement for direct costs incurred by that party which are not a part of the allocated costs. If a party elects not to submit a claim for reimbursement, then that party shall pay 100% of the expense. • The reimbursable amount of any cost may be remitted for cost sharing under the terms of this agreement. • Any party may partner with any other agency not a party to this agreement to recover mutually beneficial costs or to cooperatively pursue reimbursements from other sources outside of the parties to this agreement.
Allocation of Shared Costs. To the extent that costs and expenses are incurred by Licensee in respect of activities which would only in part qualify as Contract Expenses hereunder, such costs and expenses shall be allocated to the books, accounts, records and reports maintained hereunder in such a manner as to avoid any duplication of cost, to fairly and equitably reflect the costs attributable to Petroleum Activities carried out hereunder and to exclude any costs and expenses which should otherwise be allocated to those activities which would not constitute Petroleum Activities hereunder. It is understood, however, that any Contract Expenses associated with a unit Development involving a Petroleum Reservoir which extends into a neighbouring country or Contract Area shall be allocated on the basis of the petroleum reserves attributable to that portion of the Petroleum Reservoir located in each country or Contract Area.
Allocation of Shared Costs. Notwithstanding anything set forth herein to the contrary, Hospital shall contribute the aggregate sum of * (the "Hospital Contribution") towards the costs payable to third parties pertaining to the construction and preparation of the Site, the rigging and installation of the Perfexion, and the de-installation and removal of the existing Model C (collectively, the "Shared Costs"), which Hospital Contribution shall be paid as set forth herein irrespective of the final aggregate amount of the Shared Costs. In furtherance of the foregoing, * of the Hospital Contribution (i.e., *) shall be paid to GKF upon the commencement of the deinstallation of the Model C, and the remaining * of the Hospital Contribution (i.e., *) shall be paid to GKF upon the successful completion of the Acceptance Tests as set forth in Section 2.j above. For the avoidance of doubt, Shared Costs shall only include direct costs actually paid to unaffiliated third parties, without administrative overhead or markup.
