Common use of BASIS OF CHARGING Clause in Contracts

BASIS OF CHARGING. There will be no charge for the provision of the Service referred to at paragraph 2.1 above to the extent that Costs in respect of such Services are incurred prior to 30 September 2003. To the extent that Costs in respect of such Services are incurred after 30 September 2003, Six Continents shall, or shall procure that a member of the Six Continents Group shall, pay to M and B a sum equal to such Costs.

BASIS OF CHARGING. There will be no charge for the provision of the Service Services referred to at paragraph 2.1 4.1 above to the extent that Costs in respect of such Services are incurred prior to 30 September 2003. To the extent that Costs in respect of such Services are incurred after 30 September 2003, Six Continents M and B shall, or shall procure that a member of the Six Continents M and B Group shall, pay to M and B Six Continents a sum equal to such Costs.