Annual Recapture Fee Sample Clauses

Annual Recapture Fee. The Annual Recapture Fee is the applicable recapture charge, if any, that the State and County require each new customer of the CDWTL to pay on account of the grants, loans or capital payments provided by such entities for the CDWTL. The Annual Recapture Fee for each Purchase Period is calculated by multiplying the State Recapture Rate plus the County Recapture Rate, times the total volume of Potable Water for which the Owner was properly charged during the Purchase Period in accordance with this Agreement. The Owner shall pay the applicable State and County fees, provided, however, that the Owner shall not be required to pay the Authority to the extent that the State or County elects to waive such recapture fee. Attached as Exhibit C is a copy of the State Assistance Agreement which establishes the applicable recapture fee owed to the State.
Sample 1
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Related to Annual Recapture Fee

  • Termination This Agreement may be terminated at any time prior to the Closing:

  • Term The term of this Agreement will be ten (10) years from the Effective Date (as such term may be extended pursuant to Section 4.2, the “Term”).

  • Miscellaneous The Vendor acknowledges and agrees that continued participation in TIPS is subject to TIPS sole discretion and that any Vendor may be removed from the participation in the Program at any time with or without cause. Nothing in the Agreement or in any other communication between TIPS and the Vendor may be construed as a guarantee that TIPS or TIPS Members will submit any orders at any time. TIPS reserves the right to request additional proposals for items or services already on Agreement at any time.

  • Waiver The waiver by any party hereto of a breach of any provision of this Agreement shall not operate or be construed as a waiver of any other or subsequent breach.

  • IN WITNESS WHEREOF the parties hereto have executed this Agreement as of the day and year first above written.

  • Entire Agreement This Agreement constitutes the entire agreement between the parties hereto with respect to the subject matter contained in this Agreement and supersedes all prior agreements, understandings and negotiations between the parties.

  • WHEREAS the Company desires the Warrant Agent to act on behalf of the Company, and the Warrant Agent is willing to so act, in connection with the issuance, registration, transfer, exchange, redemption and exercise of the Warrants; and

  • Definitions For purposes of this Agreement:

  • Severability Any provision of this Agreement that is prohibited or unenforceable in any jurisdiction shall, as to such jurisdiction, be ineffective to the extent of such prohibition or unenforceability without invalidating the remaining provisions hereof, and any such prohibition or unenforceability in any jurisdiction shall not invalidate or render unenforceable such provision in any other jurisdiction.

  • Governing Law This Agreement shall be governed by and construed in accordance with the laws of the State of New York.

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