Contractor Consideration Clause Samples

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Contractor Consideration. The Contractor Consideration for any given Month shall consist of the onerous transfer of the Net Hydrocarbons corresponding to that Month. The transfer shall only be made if the Contractor is up to date with its payments of the State Considerations, as provided in Article16.2, from the Effective Date up to the preceding Month. The transfer of the first volume of Net Hydrocarbons shall only be made if the Contractor is up to date with its payments of the State Considerations accrued up to that moment.
Contractor Consideration. The Compensation of the Contractor Consideration for any given Month shall consist of: (a) The Recoverable Costs Reimbursement (subject to the Recoverable Costs Limit) and (b) The remaining percentage of the Operating Profit for such Month after
Contractor Consideration. The Compensation of the Contractor Consideration for any given Month shall consist of: (a) The Costs Recovery (subject to the Recoverable Costs Limit) and (b) The remaining percentage of the Operating Profit for such Month after payment of the percentage of the Operating Profit allocated to the State, as provided in subparagraph (c) of Article 16.

Related to Contractor Consideration

  • Settlement Consideration In consideration for the full and complete Release of all Released Claims against all Released Parties, and the dismissal of the Action with prejudice, Defendant agrees to provide the following consideration to the Settlement Class:

  • OPTION CONSIDERATION As consideration for this Option to Purchase Agreement, the Buyer/ Tenant shall pay the Seller/Landlord a non-refundable fee of Dollars ($ ), receipt of which is hereby acknowledged by the Seller/Landlord. This amount shall be credited to the purchase price at closing if the Buyer/Tenant timely exercises the option to purchase, provided that the Buyer/Tenant: (a) is not in default of the Lease Agreement, and (b) closes the conveyance of the Property. The Seller/Landlord shall not refund the fee if the Buyer/Tenant defaults in the Lease Agreement, fails to close the conveyance, or otherwise does not exercise the option to purchase.