Calculation and Payment of Excess Capacity Charge Sample Clauses

Calculation and Payment of Excess Capacity Charge. At least once every six months, at a date established by the Authority, each AuthorityCharter Customer shall pay an Excess Capacity Charge to the Authority based upon the number and size of new water meters connected to the AuthorityCharter Customer’s Unit System since the last Excess Capacity Charge was paid to the Authority. For each new water meter connected to the AuthorityCharter Customer’s Unit System since the last Excess Capacity Charge was paid to the Authority, the AuthorityCharter Customer shall pay a fee equal to $294.00 multiplied by a factor determined by the size of meter to be installed. The size of the meter, the appropriate factor, and the resulting excess capacity fee is as set forth on Exhibit D. The sum of all excess capacity fees for all new water meters shall equal the Excess Capacity Charge which must be paid by the AuthorityCharter Customer to the Authority. [Revised by Second Amendment to Contract effective 11/14/07; and Sixth Amendment to Contract effective 5/28/14.]
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Related to Calculation and Payment of Excess Capacity Charge

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