CALCULATION OF INVOICE Sample Clauses

CALCULATION OF INVOICE. [Where End User pays all Access Charges, include the first 5.1 and delete the second 5.
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CALCULATION OF INVOICE. [Where End User pays all Access Charges, include 5. 1 . Where End User only pays TOP Charges only include the ATP calculation 1. Clauses 5.2-5.4 are retained in either case]
Sample 1
CALCULATION OF INVOICE. 4.1 The amount of the invoice for TOP Charges payable by the End User under this Agreement for: Formatted: Bullets and Numbering (a) for that part of the first year following the Commitment Date until 30 June, the period from the Commitment Date up to and including the Month commencing 1 June; (b) the twelve (12) Months during a full year commencing 1 July; or (c) for a year commencing on 1 July and ending on the date of expiry or termination of this Agreement, the twelve (12) Months commencing when that year commences, (1) if SGtkY >= (FGtkY – QR NetworkGtkY), zero; (2) if TR >= SAR, zero; (3) if TR < SAR and TATP > MTPA, TPA; or (4) otherwise, ATPY, Where: SGtkY is the System Gtk for the period identified in paragraph (b) or (c) above; FGtkY is the Forecast Gtk for the period identified in paragraph (b) or (c) above; QR NetworkGtkYis the System Gtk that would have been achieved solely due to coal carrying Train Services that were unable to operate in the period identified in (b) or (c) above directly as a result of a QR Network Cause; and (a) of QR Network’s Access Undertaking); SAR subject to Clause 4.2 of this Schedule 3, is the System Allowable Revenue for AT2-4 for the Individual Coal System to which this Agreement relates for the relevant Year; MTPA is the amount by which SAR exceeds TR; TATP subject to Clause 4.2 of this Schedule 3, is the aggregate amount of Take or Pay that QR Network would be entitled to earn from all Access Agreements executed or renewed on or after the Commencing Date (other than New Access Agreements entered as part of transferring Access Rights 1 For example, Timetabled Traffics may be defined in terms of a path between certain locations, on particular days, and at particular times. Cyclic Traffics may be defined in terms of a number of Train Services per specified period of time. 2 See Footnote 2 below from Access Agreements in place of the day immediately prior to the Commencing Date pursuant to Paragraph 7.3.7(a) of QR Network’s Access Undertaking) in relation to the Individual Coal System to which this Agreement relates for the relevant Year; TPA is calculated by the formula: MTPA * (ATPY / TATP) ATPY is calculated by the formula: AT2 * (CNTSY - QR NetworkNTSY - NTSY) + AT3 * (CNTKY - QR NetworkNTKY- NTKY) + AT4 * (CNTY - QR NetworkNTY - NTY) Where: AT2 is the amount specified as AT2 in Table 1.1 of this Schedule for the relevant Train Service type as escalated for the relevant Billing Period; CNTSY is the number of indi...
Sample 1
CALCULATION OF INVOICE. [Where End User pays all Access Charges, include the first 5.1 and delete the second 5. 1. Where End User only pays TOP Charges, include the second 5.1 and delete the first 5.1. Clauses 5.2-5.4 are retained in either case] 4.1 5.1 The amount of the invoice for TOP Chargescharges payable by the End User under this Agreement for the relevant Billing Period shall be calculated in accordance with the following formula: (a) for that part of the first year following the Commitment Date until 30 June, the period from the Commitment Date up to and including the Month commencing 1 June; (b) the twelve (12) Months during a full year commencing 1 July; or (c) for a year commencing on 1 July and ending on the date of expiry or termination of this Agreement, the twelve (12) Months commencing when that year commences, but applied only in the last Month of the period identified in (a), (b) or (c) above, shall be calculated in accordance with the following formula: TC = ATP AC * (1 + GST) + G Where TC is the total amount of charges payable by the End User in respect offor the relevant YearBilling Period; AC is the sum of the Access Charges payable for the relevant Billing Period in respect to each Train Service type where the Access Charges payable for each Train Service shall equal the sum of IM, ICC, XXX0, XXX0, XX, XX, XX and ATP for each Train Service type; IM is the incremental maintenance charge for the relevant Billing Period for the relevant Train Service type which is calculated by the formula: AT1 is the amount specified as AT1 in Table 1.1 of this Schedule 3 for the relevant Train Service type as escalated for the relevant Billing Period; and GTK is the sum of the Gtk for all relevant Train Services (loaded and empty) operated for the relevant Billing Period on the basis of the Gtk for each individual Train Service operated being determined in accordance with Clause 2.3 of this Schedule 3; ICC is the incremental capacity charge for the relevant Billing Period for the relevant Train Service type which is calculated by the formula: AT2 is the amount specified as AT2 in Table 1.1 of this Schedule 3 for the relevant Train Service type as escalated for the relevant Billing Period; and NTS is the number of relevant individual Train Services operated for the relevant Billing Period; ALT1 is the Ntk allocated charge for the relevant Billing Period for the relevant Train Service type which is calculated by the formula: AT3 is the amount specified as AT3 in Table 1.1 of ...
Sample 1

Related to CALCULATION OF INVOICE

  • Submission of Invoices 5.1 An original invoice shall be submitted by mail by the Contractor for each payment under the Contract to the following address: .................………………………………………………………………………………………………………………. 5.2 Invoices submitted by fax shall not be accepted by UNDP.

  • Payment of Invoice A payment by the State shall not prejudice the State's right to object to or question any payment, invoice, or other matter. A payment by the State shall not be construed as acceptance of goods delivered, any part of the services provided, or as approval of any amount invoiced.

  • Calculation of interest The rate of interest on each Loan for each Interest Period is the percentage rate per annum which is the aggregate of the applicable: (a) Margin; and

  • Administration of Inventory Borrower shall keep records of its and its Subsidiaries’ Inventory which records shall be complete and accurate and complete in all material respects. Borrower shall furnish to Agent Inventory reports concurrently with the delivery of each Borrowing Base Certificate described in subsection 8.1.4 or more frequently as requested by Agent, which reports will be in such other format and detail as Agent shall request and shall include a current list of all locations of Borrower’s Inventory. Borrower shall conduct a physical inventory no less frequently than annually and shall provide to Agent a report based on each such physical inventory promptly thereafter, together with such supporting information as Agent shall reasonably request.

  • Payment of Invoices When applicable pursuant to this Section 4.02, for fees and expenses of the Asset Representations Reviewer that are not paid by the Servicer within thirty (30) days following the receipt of an invoice by the Servicer, the Asset Representations Reviewer will issue invoices to the Issuer at the notices address set forth in Section 10.4 of the Sale and Servicing Agreement and the Issuer shall pay all invoices submitted by the Asset Representations Reviewer via the priority of payments described in Sections 2.8 or 5.4(b) of the Indenture, as applicable, on the Distribution Date following the month in which the invoice was received by the Issuer.

  • CHANGES TO THE CALCULATION OF INTEREST 10.1 Absence of quotations

  • Location of Inventory Except as set forth in Schedule 4.25, the Inventory of Borrowers and their Subsidiaries is not stored with a bailee, warehouseman, or similar party and is located only at, or in-transit between, the locations identified on Schedule 4.25 to this Agreement (as such Schedule may be updated pursuant to Section 5.14).

  • Promotion of Investment Member States shall cooperate in increasing awareness of ASEAN as an integrated investment area in order to increase foreign investment into ASEAN and intra-ASEAN investments through, among others: (a) encouraging the growth and development of ASEAN small and medium enterprises and multinational enterprises; (b) enhancing industrial complementation and production networks among multi-national enterprises in ASEAN; (c) organising investment missions that focus on developing regional clusters and production networks; (d) organising and supporting the organisation of various briefings and seminars on investment opportunities and on investment laws, regulations and policies; and (e) conducting exchanges on other issues of mutual concern relating to investment promotion.

  • Computation of Interest, Fees, Yield Protection All interest, as well as fees and other charges calculated on a per annum basis, shall be computed for the actual days elapsed, based on a year of 360 days. Each determination by Agent of any interest, fees or interest rate hereunder shall be final, conclusive and binding for all purposes, absent manifest error. All fees shall be fully earned when due and shall not be subject to rebate, refund or proration. All fees payable under Section 3.2 are compensation for services and are not, and shall not be deemed to be, interest or any other charge for the use, forbearance or detention of money. A certificate as to amounts payable by Borrowers under Section 3.4, 3.6, 3.7, 3.9 or 5.9, submitted to Borrower Agent by Agent or the affected Lender, as applicable, shall be final, conclusive and binding for all purposes, absent manifest error, and Borrowers shall pay such amounts to the appropriate party within 10 days following receipt of the certificate.

  • Collection of Items We act only as your agent and we are not responsible for handling items for deposit or collection beyond the exercise of ordinary care. We are not liable for the negligence of any correspondent or for loss in transit, and each correspondent will only be liable for its own negligence. We may send any item for collection. Items drawn on an institution located outside the United States are handled on a collection basis only. You waive any notice of nonpayment, dishonor, or protest regarding items we purchase or receive for credit or collection to your account. We reserve the right to pursue collection of previously dishonored items at any time, including giving a payor financial institution extra time beyond any midnight deadline limits.

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