Amount and Principles Sample Clauses
The "Amount and Principles" clause defines the specific sum or value involved in a transaction and outlines the fundamental rules governing its calculation or application. Typically, this clause will state the agreed-upon amount, such as a payment, fee, or compensation, and detail the principles or methods used to determine or adjust this amount, such as referencing market rates, milestones, or performance metrics. Its core function is to ensure transparency and consistency in financial dealings, reducing the risk of disputes by clearly establishing how amounts are set and managed.
Amount and Principles. You shall pay Fees to AMS in respect of each Fee Obligation Quarter for which you are obligated on the invoice due date. By no later than October 1 of the preceding year, AMS shall post the Fees for the subsequent year on the AMS website. In computing the costs and expenses, AMS will be required to estimate such costs and expenses as it shall consider reasonable and appropriate and shall take into account in calculating the Fees any surplus or deficit in AMS as a result of its operations.
Amount and Principles. You shall pay Fees as determined below to MMSW in respect of each Fee Obligation Year for which you are obligated (i.e. that corresponds to Your Reporting Obligation Year). By no later than November 30 SK LOGO of each Obligation Year, MMSW shall make a non-binding estimate of the total Fees payable by the Member in respect of the following Obligation Year. From time to time during the Obligation Year, MMSW will keep the Member promptly informed of any material adverse change in its estimate of the Fees. MMSW intends that all Fees shall be calculated by MMSW on a fair basis with a view to ensuring, so far as reasonably possible, that MMSW in total incurs neither a profit nor a loss and with particular regard to the following principles:
2.8.1.1. All Members will pay Fees to fund qualified municipalities that operate efficient and effective programs up to 75% of the net costs of managing the materials of our Members. .
2.8.1.2. Fee rates will take into account 75% of the net cost for managing each material;
2.8.1.3. Fee rates are adjusted to reward those materials with higher recycling rates relative to other materials; and
2.8.1.4. MMSW will disclose the cost components contributing to material Fee rates. The Fees shall be computed by reference to the following elements:
2.8.1.5. Up to 75% of the net costs of managing the materials of our Members to fund qualified municipalitiesthat operate efficient and effective programs;
2.8.1.6. Costs to set up and administer the WPP program;
2.8.1.7. Contributions to reserves, contingencies as either MMSW shall have identified in its budget or is proved to be necessary in operating MMSW in the Members’ best interests;
2.8.1.8. Interest on late payments; and
2.8.1.9. A sum equivalent to the amount required to defray any losses. In computing all or any of the above costs and expenses, MMSW will be required to estimate such costs and expenses as it shall consider reasonable and appropriate and shall take into account in calculating the Fees any surplus or deficit in MMSW as a result of its operations.
Amount and Principles i. You shall pay Fees as determined below to MMSW in respect of each Fee Obligation Year for which you are obligated (i.e. that corresponds. Y ou also agree to Y ourcomply with:
a . the Penalty and Interest Policy, [insert link], a nd
Amount and Principles i. You shall pay Fees as determined below to MMSW in respect of each Fee Obligation Year for which you are obligated (i.e. that corresponds. You also agree to Yourcomply with:
a. the Administrative Fee, Penalty and Interest Policy, [insert link], b. the Parallel Importation Policy [insert link],