Common use of Costs of Request for Consent Clause in Contracts

Costs of Request for Consent. If Project Co requests consent to a proposed course of action pursuant to Section 4.6 [Material Contracts], Project Co will pay, without duplication, the Province’s reasonable internal administrative and personnel costs and all reasonable out-of-pocket costs in connection with considering any such request. At the time of such request, Project Co will make a payment to the Province in the amount of $15,000 (Index Linked) against its obligations under this Section 4.7 [Costs of Request for Consent]. After the Province renders its decision, the Province will either refund any overpayment or invoice Project Co for any additional amounts owing under this Section 4.7 [Costs of Request for Consent] and Project Co will promptly pay such amount to the Province.

Appears in 1 contract

Sources: Project Agreement

Costs of Request for Consent. If Project Co requests consent to a proposed course of action pursuant to Section 4.6 [Material Contracts]4.6, Project Co will pay, without duplication, the Province’s reasonable internal administrative and personnel costs and all reasonable out-of-pocket costs in connection with considering any such request. At the time of such request, Project Co will make a payment to the Province in the amount of $15,000 (Index Linked) against its obligations under this Section 4.7 [Costs of Request for Consent]4.7. After the Province renders its decision, the Province will either refund any overpayment or invoice Project Co for any additional amounts owing under this Section 4.7 [Costs of Request for Consent] and Project Co will promptly pay such amount to the Province.

Appears in 1 contract

Sources: Project Agreement