THE COSTS Sample Clauses

THE COSTS. 1. The Costs of operating the JSS (determined in accordance with proper practices) will be recovered from the prices paid by customers for goods and services provided by the JSS. Any surplus income/profit accrued at the end of this Agreement or any other relevant operating period(s) will be shared by the Councils on a pro-rata basis to the recorded business turnover of the Councils within the JSS during the relevant period. Any losses/trading deficit arising during the currency of this Agreement or any other relevant operating period will be shared on a population basis of the local authority areas of the Councils*
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THE COSTS. Unless the Disputes Committee determines that the costs of lodging the appeal must be charged on to the parties, these costs will be borne by the SFA.
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THE COSTS. The investment chapter is crucial to understand the most relevant costs of these types of agreements. The FTA with the United States has been defined as a “new generation” agreement, which encompasses all aspects including rules about investment. In this respect, the model is, without a doubt, chapter 11 of the North American Free Trade Agreement which has been seriously criticized by both detractors and previous supporter. In the FTA with Chile the investment chapter is number 10. It is practically identical to the controversial Chapter 11 of the NAFTA.23 NAFTA includes a list of rights for multinational corporations, which allow, among other benefits, for businesses to sue Central Governments if they feel that the actions have been taken which violate their rights. This affects the Central Government’s ability to protect public interest. Though it is argued that the FTA has clauses, which protect public interests, the evidence in the case of NAFTA is much to the contrary. The rights which have generated controversy because of how they have been interpreted within the context of a free trade agreement are: national treatment, most favored nation, the prohibition of performance requisites and expropriation. This occurs because the definition of investor and investment is broad, permitting a spectrum of interpretations. And the actions of the State ‘measures’ are also broadly defined, permitting a spectrum of interpretations of the actions of the State. Clearly this is a problem since it opens the door for a permanent questioning of the actions of the State, even those destined for the public good. On the other hand, Chapter 10, gives investors a broad set of rights protected, whereas it establishes a series of obligations on part of the national state. Many of these rights and obligations are similar to bilateral investment agreements, however the conjunction with the general objectives of the treaty (free trade), and the possibility of directly suing the state, has been the recipe permitting the broadening of investor rights far and beyond what was conceived previously, this is directly affecting the capacity of governments to regulate for the common good. Moreover the private sector is using these treaties to open markets and restrict the legitimate regulations on part of the state. This has been the experience of NAFTA, which has generated a controversy, since it seems these treaties have served to place private interests and rights above public interes...
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THE COSTS. The costs of applying for and maintaining a patent is the most serious obstacle for an extensive use of the patent system. And the costs are both related to the necessary time involved in the process and to the expenses. The expenses are mainly seen as the obstacle. The problem is that true information about the expenses is hard to get – in particular in the case of international patenting. But roughly, you get what you pay for. The challenge is to find out exactly what you need, and there is a huge spectrum of options. In the one end of the spectrum you will find a patent application written by the inventor himself, possibly using free of charge assistance from the patent office or other assisting entity, filed in the national patent office only. This solution will initially only cost the filing fee, which in most countries is very moderate. The “overall lifetime expenses” will be moderate, too, because they will be limited to national annual fees. In the other end of the spectrum, however, you will find extensive international patenting based on patent applications formulated by international experts who easily charge 2-300 US$ per hour. The basic patent application may be ½ cm. thick and count more than 70 patent claims – and with translation costs, filing fees and normally a huge correspondence with foreign patent offices in foreign languages, costs may be hair-raising. The below figure provides a rough and simplified illustration of the relevant patent activities (and hence the costs) as a function of the potential of the invention. A combination of the figure illustrating the overall profit potential with this figure which illustrates the overall costs will give an idea as to what sort of patent activities and costs can be justified.
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Related to THE COSTS

  • Service Costs Service Costs are direct and indirect expenditures incurred in support of Petroleum Operations in the Contract Area, including expenditures on warehouses, piers, marine vessels, vehicles, motorized rolling equipment, aircraft, fire and security stations, workshops, water and sewerage plants, power plants, housing, community and recreational facilities and furniture and tools and equipment used in these activities. Service Costs in any Year shall include the costs incurred in such Year to purchase and/or construct the said facilities as well as the annual costs of maintaining and operating the same, each to be identified separately. All Service Costs shall be regularly allocated as specified in Sections 2.2.5, 2.3.5 and 2.4 to Exploration Costs, Development Costs and Production Costs and shall be separately shown under each of these categories. Where Service Costs are made in respect of shared facilities, the basis of allocation of costs to Petroleum Operations hereunder shall be specified.

  • Operating Costs The Assuming Institution agrees, during its period of use of any Leased Data Management Equipment, to pay to the Receiver or to appropriate third parties at the direction of the Receiver all operating costs with respect thereto and to comply with all relevant terms of any existing Leased Data Management Equipment leases entered into by the Failed Bank, including without limitation the timely payment of all rent, taxes, fees, charges, maintenance, utilities, insurance and assessments.

  • Reimbursable Costs 5.3.1. To be considered eligible for reimbursement, costs have to be: • actually incurred, individually identifiable and verifiable, as backed by copies of supporting evidence, as the case may be in the Contractor’s official bookkeeping; this means that no lump sums will be eligible for reimbursement; • necessary in order to perform the tasks as specified in the Terms of Reference (Annex 2); and • cost effective and providing value for money

  • ATTORNEY’S FEES; COSTS Should litigation be necessary to enforce any terms or provisions of this Agreement, then each party shall bear its own litigation and collection expenses, witness fees, court costs and attorney’s fees.

  • Direct Costs Insert the major cost elements. For each element, consider the application of the paragraph entitled “Costs Requiring Prior Approval” on page 1 of these instructions.

  • Start-Up Costs 4.1.1 The Government of Ontario will provide:

  • ATTORNEYS’ FEES, COSTS, AND EXPENSES In any action or proceeding between Borrower and Bank arising out of or relating to the Loan Documents, the prevailing party shall be entitled to recover its reasonable attorneys’ fees and other costs and expenses incurred, in addition to any other relief to which it may be entitled.

  • Additional Expenses The Underwriter will pay all expenses (e.g., shipping, postage and courier costs) associated with the delivery of the Prospectus to prospective investors and investors, other than the costs of delivery to the Underwriter's facilities, provided, that if courier services (other than overnight delivery services utilized in the ordinary course of business) are required to ensure that the Prospectus is delivered to investors on the day immediately preceding the Closing Date, the Company will pay such courier expenses. If the foregoing is in accordance with your understanding of our agreement, please sign and return to the undersigned a counterpart hereof, whereupon this letter and your acceptance shall represent a binding agreement between the Underwriter and the Company. Very truly yours, PAINEWEBBER INCORPORATED By:____________________________ Name: Title: The foregoing Agreement is hereby confirmed and accepted as of the date hereof. GE CAPITAL MORTGAGE SERVICES, INC. By:____________________________ Name: Title:

  • Training Costs All costs and expenses incurred by the Contractor in training as is required under Article 22 of the Contract.

  • Costs, Expenses and Taxes (a) In addition to the rights of indemnification under Article VIII hereof, the Borrower agrees to pay to the Lender promptly after written demand thereof (i) all reasonable costs and expenses incurred in connection with the periodic auditing of the Borrower and the Servicer pursuant to Section 5.01(c) or 5.04(c) of this Agreement and the agreed upon procedures reports contemplated by Section 5.05(e) of this Agreement, provided that the Borrower shall only be responsible for the reasonable costs and expenses incurred in connection with one audit of the Borrower, the Originator, and the Servicer, in each case during any twelve (12) month period beginning on the date hereof and on each anniversary of the date hereof, and in each case, so long as (x) no Event of Termination shall have occurred and be continuing and (y) the results of the previous audits were complete and reasonably acceptable to the Lender, and (ii) all reasonable costs and expenses of the Lender in connection with the preparation, execution and delivery (including any requested amendments, waivers or consents) of this Agreement and the other documents to be delivered hereunder, including, without limitation, all pre-closing due diligence expenses and the reasonable fees and out-of- pocket expenses of special counsel for the Lender with respect thereto and with respect to advising the Lender as to its rights and remedies under this Agreement, and the other agreements executed pursuant hereto and (iii) all costs and out-of-pocket expenses (including fees and expenses of outside counsel), incurred by the Lender in connection with any amendment to any of the Facility Documents after the date hereof and the enforcement of this Agreement and the other agreements and documents to be delivered hereunder after the occurrence of an Event of Termination.

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