Unitary Charge definition

Unitary Charge the fee payable by the Authority under Clause 30.2 (Payment of Unitary Payment) and calculated in accordance with Schedule 6 (Payment and Performance Mechanism); "Unitary Charge Profile" the profile for the Unitary Payment contained in Schedule 17 (Unitary Charge Profile);
Unitary Charge as defined in clause 1.1 of the Project Agreement;
Unitary Charge means the fee payable by the Crown during the Operating Term in consideration of the obligations performed by the Contractor under this Agreement, as set out in the Base Case and as calculated and subject to adjustment in accordance with Schedule 14 (Payment Mechanism);

Examples of Unitary Charge in a sentence

  • The Unitary Charge is split into the following elements:- - payment for the provision of day-to-day services during the year.

  • In return the public sector organisation will pay the PPP a fee called the Annual Unitary Charge for the services provided.

  • In the early years of the PFI, the capital element of the Unitary Charge, which dictates the MRP charge, is less than the depreciation on the assets.

  • In August 2004, the Council paid an advance payment of Unitary Charge of £9m.

  • The Accounting Standard requires that the service, interest, capital, lifecycle and contingent rent elements of the Unitary Charge are separated as shown in the table below, with the service, interest, rent and lifecycle elements being charged to the Comprehensive Income and Expenditure Statement.


More Definitions of Unitary Charge

Unitary Charge means the unitary charge payable by the Authority to the Contractor in accordance with the Project Agreement; and
Unitary Charge means the payment due under the Project Agreement; and
Unitary Charge means the charge made by the contractor to the Authorities in respect of the availability of the Facility and the provision of the Service
Unitary Charge means the payment calculated in accordance with Schedule 4 (Payment Mechanism);
Unitary Charge the fee notionally payable by the Councils as consideration for the delivery of the Services calculated in accordance with paragraph 1 of Schedule 3 (Payment Mechanism) on the basis of complete performance of the Services in accordance with the Specification and without allowing for over performance;
Unitary Charge the amount referred to as such and calculated in accordance with paragraph 2.1 of Part 1 of Schedule 12 (Payment and Performance)
Unitary Charge the charge payable by the Authority to the Waste Contractor(s) pursuant to the Waste Contract