Common use of BASIS OF CHARGING Clause in Contracts

BASIS OF CHARGING. Six Continents shall, or shall procure that a member of the Six Continents Group shall, pay to M and B a cash sum equal to the total costs incurred in respect of the provision of the Pensions Services allocated in accordance with Schedule 3.

BASIS OF CHARGING. [Six Continents shall, or shall procure that a member of the Six Continents Group shall, pay to M and B a cash sum equal to the total costs incurred in respect Cost of the provision providing such service.] The basis of the allocation of cost attributable to Pensions Services allocated in accordance with Schedule 3.will be as follows: