Capital Charges Sample Clauses

Capital Charges. The Committee may impose on each of the landowners a capital charge for the purposes of constructing, obtaining, installing, replacing or maintaining the works in the year the capital charge is imposed. The Committee shall determine the capital charge in accordance with the criteria (if any) set forth in part 3 of the Fourth Schedule. In each financial year, the Committee must prepare an estimate of the expenses of administering this Agreement and the delivering of water to each landowner and must set an annual charge in respect of each landowner. In setting the annual charge the Committee must include:- any charges by the Corporation in respect to the conveyance loss; the cost and expenses of purchasing any allocation, Water Share or a Limited Term Transfer; the costs and expenses relating to the operation and maintenance of the works, administration expenses, insurance premiums (including Public Liability Insurance) and any other necessary and incidental expense relating to the implementation of this Agreement including the costs of any Manager and any costs and expenses incurred by the Committee pursuant to the Act after implementation of this Agreement; the costs and expenses of administering this Agreement and the delivery of water to each landowner; and any other costs and expenses that the Committee considers relevant. The annual charge shall be fixed in accordance with the criteria (if any) set forth in part 4 of the Fourth Schedule. A general meeting of the landowners may, at any time, direct the Committee to set a special charge, in accordance with the resolution of the landowners. The Committee must give notice to each landowner of the annual charge or special charge payable by that landowner. The Committee may require payment of money due under this Agreement at such time and in such manner as the Committee may determine. If the time for payment of any amount is not stipulated by the Committee, then such amount must be paid within 30 days of notice being given. Notwithstanding anything contained in clauses 11.3, 11.4 and 11.5 a landowner must pay the annual charge or any special charge whether or not in any financial year that landowner has used the works to deliver water to his land. Any money due to the Committee under this Agreement bears interest, calculated on a daily basis, from the date that the money becomes due to the date that the money is paid, at the rate fixed by the Committee, not exceeding the rate fixed from time to time under t...
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Capital Charges. If the Bank or any [Participant or] Assignee shall have determined after the Effective Date that the adoption of any applicable law, rule, regulation or guideline adopted pursuant to or arising out of the July 1988 report of the Basel Committee on Banking Regulations and Supervisory Practices entitled “International Convergence of Capital Measurement and Capital Standards,” or the adoption of any other law, rule, regulation or guideline (whether or not having the force of law) regarding capital adequacy (including any Governmental Authority having regulatory jurisdiction over the Bank or any [Participant or] Assignee) or any change in any applicable law, rule, regulation or guideline, as the case may be, or any change in the enforcement or interpretation or administration thereof by any court or any administrative or Governmental Authority charged with the interpretation or administration thereof, or compliance by the Bank (or any lending office thereof) or any [Participant or] Assignee with any request or directive regarding capital adequacy (whether or not having the force of law) of any such Governmental Authority has or would have the effect of reducing the rate of return on capital of the Bank or any such [Participant or] Assignee, if any, as a consequence of its obligations hereunder or its purchase or holding of Liquidity Provider Bonds to a level below that which the Bank or such [Participant or] Assignee could have achieved but for such adoption, change or compliance (taking into consideration the policies of the Bank or such [Participant or] Assignee, with respect to capital adequacy) by an amount deemed by the Bank or such Participant or Assignee to be material, then within thirty (30) days after the Issuer’s receipt of the Bank’s written demand, the Issuer shall pay to the Bank (for itself or for the account of such [Participant or] Assignee) such additional amount or amounts as will compensate the Bank or its [Participant or] Assignee, if any, as the case may be, for such reduction from the date of such adoption, change or compliance with respect to such law, rule, regulation, guideline, request, or directive, together with interest on each such amount from the date payment is demanded until the earlier of the date of payment in full thereof and the date on which such payment is due at the Reference Rate and thereafter at the Default Rate.
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Capital Charges. Allocation and formulae methods.
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Capital Charges. Xxxxxxx County shall pay its proportional share of the cost of the infrastructure projects constructed by WSSC to adequately deliver the required amount of water to Xxxxxxx County at the “Route 301” connection that provides the necessary level of service to WSSC and Xxxxxxx County. The Parties understand that this work consists solely of Phase I (BL5273D11), Phase III (BL5273B11), and Phase IV (BL5273F11) under the WSSC Clinton Zone Water Transmission Main Improvement project. The project phases are depicted in Exhibit 2. The Parties agree that Xxxxxxx County’s proportional share of the upsizing of the transmission mains for the above system improvements shall be as follows: a. For the completed Phases I and III, the cost shall be in accordance with Exhibit 3 “Future Value Calculation Using Total Interest Cost Rate for Phases I and III” which includes an amortization schedule that identifies the payoff balance to retire the debt which could be made in lieu of annual payments. b. The cost for the County’s share of the Phase IV work is estimated to be $3,400,222.70 based on the November 16, 2021 cost evaluation. This cost is for preliminary budgetary purposes and is subject to change to reflect actual final costs for Phase IV. At the County’s request WSSC Water shall prepare a cost estimate annually for this work by February 28th and provide it to Xxxxxxx County in writing until the construction contract is awarded. Xxxxxxx County’s proportional share of the Phase IV cost shall be paid in equal amounts as part of a quarterly invoice as expenses are incurred by WSSC. c. WSSC agrees to use its best efforts to provide Xxxxxxx County with notice of changes to the Xxxxxxx County share of actual costs of Phase IV due to change orders if the total amount exceeds 10% of the amount established at the time of award. d. Any payments will start on or after July 1st, 2022. Payments shall be made within 30 days of the date of each invoice and shall be subject to late fees and interest charges in accordance with WSSC’s code.
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Capital Charges. No CAP water serv- ice capital charges shall be due or payable for the Hualapai Tribe CAP water, regardless of whether the Hualapai Tribe CAP water is delivered—
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Capital Charges. If the Bank or any Participant shall have determined after the Closing Date that the applicability of any law, rule, regulation or guideline or the adoption or issuance of any law, rule, regulation or guideline (whether or not having the force of law) regarding capital adequacy, by any Governmental Authority (including, but not limited to any Governmental Authority having jurisdiction over the Bank or any Participant or Assignee), or any change in any applicable law, rule, regulation or guideline, as the case may be, or any change in the enforcement or interpretation or administration thereof by any court or any administrative or Governmental Authority, central bank or comparable agency charged with the interpretation or administration thereof, or compliance by the Bank (or any lending office thereof) or any Participant with any request or directive regarding capital adequacy (whether or not having the force of law) of any such Governmental Authority, central bank or comparable agency has or would have the effect of reducing the rate of return on capital of the Bank or any such Participant, if any, as a consequence of its obligations hereunder to a level below that which the Bank or such Participant could have achieved but for such adoption, change or compliance (taking into consideration the policies of the Bank or such Participant with respect to capital adequacy) by an amount deemed by the Bank or such Participant to be material, then within thirty (30) days after the Authority’s receipt of the Bank’s written demand, the Authority shall pay to the Bank (for itself or for the account of such Participant) such additional amount or amounts as will compensate the Bank or its Participant, if any, as the case may be, for such reduction from the date of such adoption, change or compliance with respect to such law, rule, regulation, guideline, request or directive, together with interest on each such amount from the date payment is due until the earlier of the date of payment in full thereof and the date on which such payment is due at the Bank Rate and thereafter at the Default Rate. No such amounts shall include increased costs incurred by the Bank more than 180 days prior to the date of written demand therefor.
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Capital Charges. These charges include Capital Charges as defined in Section 1.1.
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Capital Charges. If the Bank or any Participant or Assignee shall have determined after the Effective Date that the adoption, issuance, promulgation or implementation of any applicable law, rule, treaty, regulation, guideline, directive, policy, or Risk-Based Capital Guidelines (whether or not having the force of law) regarding capital adequacy by any Governmental Authority (including but not limited to any Governmental Authority having regulatory jurisdiction over the Bank or any Participant or Assignee), including specifically but without limitation all requests, rules, guidelines or directives in connection with the Xxxx-Xxxxx Act and all rules, guidelines or directives promulgated by the Bank of International Settlements, or the Basel Committee on Banking Regulations and Supervisory Practices (or any successor or similar authority), or any change in any applicable law, rule, treaty, regulation, guideline, directive, policy, Risk-Based Capital Guidelines, or any change in the enforcement, interpretation, implementation or administration thereof, as the case may be, including specifically but without limitation all requests, rules, regulations, guidelines or directives in connection with the Xxxx-Xxxxx Act and all rules, guidelines or directives promulgated by the Bank of International Settlements, or the Basel Committee on Banking Regulations and Supervisory Practices (or any successor or similar authority),or any change in the enforcement or interpretation or administration thereof by any court or any administrative or Governmental Authority, central bank or comparable agency charged with the interpretation or administration thereof, or compliance by the Bank or any Participant or Assignee (or any lending office thereof) with any request or directive regarding capital adequacy (whether or not having the force of law) of any such Governmental Authority, central bank or comparable agency affects or would affect the amount of capital to be maintained by the Bank or any such Participant or Assignee or has or would have the effect of reducing the rate of return on capital of the Bank or any Participant or Assignee, if any, as a consequence of its obligations hereunder or its purchase or holding of Purchased Bonds to a level below that which the Bank or any Participant or Assignee could have achieved but for such circumstances (taking into consideration the policies of the Bank or any Participant or Assignee with respect to capital adequacy) by an amount deemed by the Bank o...
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Capital Charges 
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Related to Capital Charges

  • RENTAL CHARGES Total charges as set out in the Rental Agreement are not final. The Customer will pay any shortfall in charges to maui and the Customer will receive a refund for any overcharges made by maui. Wherever possible, any amendment to charges will be notified to the customer at conclusion of rental, and the customer agrees to payment of any such charges at that time.

  • Additional Charges In addition to the Base Rent and Percentage Rent, (a) Lessee also will pay and discharge as and when due and payable all other amounts, liabilities, obligations and Impositions that Lessee assumes or agrees to pay under this Lease, and (b) in the event of any failure on the part of Lessee to pay any of those items referred to in clause (a) of this Section 3.3, Lessee also will promptly pay and discharge every fine, penalty, interest and cost that may be added for non-payment or late payment of such items (the items referred to in clauses (a) and (b) of this Section 3.3 being additional rent hereunder and being referred to herein collectively as the “Additional Charges”), and Lessor shall have all legal, equitable and contractual rights, powers and remedies provided either in this Lease or by statute or otherwise in the case of non-payment of the Additional Charges as in the case of non-payment of the Base Rent. If any installment of Base Rent and Percentage Rent or Additional Charges (but only as to those Additional Charges that are payable directly to Lessor) shall not be paid on its due date, Lessee will pay Lessor on demand, as Additional Charges, a late charge (to the extent permitted by law) computed at the Overdue Rate on the amount of such installment, from the due date of such installment to the date of payment thereof. To the extent that Lessee pays any Additional Charges to Lessor pursuant to any requirement of this Lease, Lessee shall be relieved of its obligation to pay such Additional Charges to the entity to which they would otherwise be due and Lessor shall pay same from monies received from Lessee.

  • Incidental Charges An itemized list of all incidental charges along with a written explanation of those charges.

  • Taxes, Other Governmental Charges and Utility Charges The Company agrees to pay promptly as and when the same shall become due and payable, each and every lawful cost, expense and obligation of every kind and nature, foreseen or unforeseen, for the payment of which the Board or the Company is or shall become liable by reason of its estate or interest in the Project or any portion thereof, by reason of any right or interest of the Board or the Company in or under this Agreement, or by reason of or in any manner connected with or arising out of the possession, operation, maintenance, alteration, repair, rebuilding or use of the Project or any part thereof. The Company also agrees to pay and discharge all lawful real estate taxes, personal property taxes, water charges, sewer charges, assessments and all other lawful governmental taxes, impositions and charges of every kind and nature, ordinary and extraordinary, general or special, foreseen or unforeseen, whether similar or dissimilar to any of the foregoing, and all applicable interest and penalties thereon, if any, which at any time during the term of this Agreement shall be or become due and payable by the Board or the Company and which shall be lawfully levied, assessed or imposed (a) upon or with respect to, or shall be or become liens upon, the Project or any portion thereof or any interest of the Board or the Company therein or under this Agreement; (b) upon or with respect to the income or profits of the Board from the Project or under this Agreement; (c) upon or with respect to the possession, operation, management, maintenance, alterations, repair, rebuilding, use or occupancy of the Project or any portion thereof; or (d) upon this transaction or any document to which the Board or the Company is a party creating or transferring an interest or an estate in the Project; under or by virtue of any present or future law, statute, ordinance, regulation or other requirement of any governmental authority, whether federal, state, county, city, municipal, school or otherwise. The Company also agrees to pay any special assessments for public improvements or benefits for which the Company would have otherwise have been liable had it in fact been the owner of the Project. The Company shall, at its sole cost and expense, procure or cause to be procured any and all necessary building permits, other permits, licenses and other authorizations required for the lawful and proper construction, use, occupation, operation and management of the Project. The Company also agrees to pay or cause to be paid all lawful charges for gas, water, sewer, electricity, light, heat, power, telephone and other utility and service used, rendered or supplied to, upon or in connection with the Project and the Board will cooperate with the Company in securing such permits, licenses and authorizations. The Company may, at its own expense and in its own name and behalf or in the name and behalf of the Board, in good faith contest any such taxes, assessments and other charges and, in the event of any such contest, may permit the taxes, assessments and other charges so contested to remain unpaid during the period of such contest and any appeal therefrom unless the Board or the Trustee shall notify the Company that by nonpayment of any such items the lien or security interests afforded by this Agreement or the Indenture as to any part of the Project or the rents, payments and revenues derived from the Project will be materially endangered or the Project or any part thereof will be subject to loss or forfeiture, in which event such taxes, assessments or charges shall be paid promptly. The Board shall cooperate fully with the Company in any such contest. If the Company shall fail to pay any of the foregoing items required by this Section to be paid by the Company and shall not cure any failure within any applicable curative provisions provided herein, the Board or the Trustee may (but shall be under no obligation to) pay the same, and any amounts so advanced therefor by the Board or the Trustee shall become an additional obligation of the Company to the one making the advancement, which amounts, together with interest thereon at the rate of interest borne by the Bonds from the date thereof, the Company agrees to pay.

  • Governmental Charges Seller shall pay or cause to be paid all taxes imposed by any Governmental Authority (“Governmental Charges”) on or with respect to the Product or the Transaction arising at the Delivery Point, including, but not limited to, ad valorem taxes and other taxes attributable to the Project, land, land rights or interests in land for the Project. Buyer shall pay or cause to be paid all Governmental Charges on or with respect to the Product or the Transaction from the Delivery Point. In the event Seller is required by Law or regulation to remit or pay Governmental Charges which are Xxxxx’s responsibility hereunder, Xxxxx shall reimburse Seller for such Governmental Charges within thirty (30) days of Notice by Seller. If Buyer is required by Law or regulation to remit or pay Governmental Charges which are Seller’s responsibility hereunder, Buyer may deduct such amounts from payments to Seller with respect to payments under the Agreement; if Buyer elects not to deduct such amounts from Seller’s payments, Seller shall reimburse Buyer for such amounts within thirty (30) days of Notice from Buyer. Nothing shall obligate or cause a Party to pay or be liable to pay any Governmental Charges for which it is exempt under the Law. A Party that is exempt at any time and for any reason from one or more Governmental Charges bears the risk that such exemption shall be lost or the benefit of such exemption reduced; and thus, in the event a Party’s exemption is lost or reduced, each Party’s responsibility with respect to such Governmental Charge shall be in accordance with the first four sentences of this Section.

  • NO ADDITIONAL CHARGES Unless otherwise specified herein, Contractor shall not include or impose any additional charges including, but not limited to, charges for shipping, handling, insurance, or payment processing.

  • Estimated Payments Commencing on the first day of the Term on which Additional Rent is due, and on the first day of each calendar month thereafter during the Term of this Lease, Tenant shall pay Landlord all Additional Rent for: a) Real estate taxes pursuant to Section 2 above, b) Insurance premiums pursuant to Section 3 above, c) HVAC maintenance pursuant to Section 5 above, d) Common Area Charges pursuant to Section 4 above and e) Water and common utility use pursuant to Section 14 below. On an annual basis, Landlord shall provide Tenant with (a) a statement of all actual Common Area Charges and insurance premiums incurred in the preceding calendar year and (b) a statement of all charges of real estate taxes assessed against the Property in the preceding fiscal year. If Tenant has made estimated payments of Additional Rent during such calendar/fiscal year in excess of the actual amount due, Landlord shall credit Tenant with any overpayment against the next Rent otherwise due. If the actual Additional Rent due exceeds the estimated payments made by Tenant during the preceding year, Tenant shall pay such amount due as Additional Rent within 15 business days after notice from Landlord. Any failure by Landlord to deliver such statements shall not constitute a default by Landlord or operate as a waiver of Landlord’s right to collect all or any portion of Additional Rent due pursuant to the terms of this Lease. If Additional Rent for any calendar year increases by more than five percent (5%) over Additional Rent for the immediately preceding calendar year, Tenant, within ninety (90) days after receiving Landlord’s statement of actual Additional Rent (inclusive of those which vary with occupancy) for a particular calendar year, shall have the right to provide Landlord with written notice (the “Review Notice”) of its intent to review Landlord’s books and records relating to the Additional Rent for such calendar year. Within a reasonable time after receipt of a timely Review Notice, Landlord shall make such books and records available to Tenant or Tenant’s agent for its review at either Landlord’s home office or at the office of the Building, provided that if Tenant retains an agent to review Landlord’s books and records for any calendar year, such agent must (i) be a CPA firm or an in-house accountant or finance department employee of Tenant, (ii) not be compensated on a contingency basis and (iii) execute a copy of a confidentiality agreement with respect to such review. Tenant shall be solely responsible for any and all costs, expenses and fees incurred by Tenant or Xxxxxx’s agent in connection with such review. If Tenant elects to review Xxxxxxxx’s books and records, within thirty (30) days after such books and records are made available to Tenant, Tenant shall have the right to give Landlord written notice stating in reasonable detail any objection to Xxxxxxxx’s statement of actual Additional Rent for such calendar year. If Tenant fails to give Landlord written notice of objection within such thirty (30) day period or fails to provide Landlord with a Review Notice within the ninety (90) day period provided above, Tenant shall be deemed to have approved Xxxxxxxx’s statement of Additional Rent in all respects and shall thereafter be barred from raising any claims with respect thereto. Upon Xxxxxxxx’s receipt of a timely objection notice from Xxxxxx, Landlord and Tenant shall work together in good faith to resolve the discrepancy between Xxxxxxxx’s statement and Xxxxxx’s review. If Landlord and Tenant determine that Additional Rent for the calendar year in question are less than reported, Landlord shall provide Tenant with a credit against future Rent in the amount of any overpayment by Tenant. Likewise, if Landlord and Tenant determine that Additional Rent for the calendar year in question are greater than reported, Tenant shall forthwith pay to Landlord the amount of underpayment by Tenant with the understanding that there shall be no interest or late charge added thereto at the time same is billed to Tenant by reason of the failure of Tenant to previously have paid same when the excess was billed for such reviewed period. Any information obtained by Tenant pursuant to the provisions of this Section shall be treated as confidential. Notwithstanding anything herein to the contrary, Xxxxxx shall not be permitted to examine Xxxxxxxx’s books and records or to dispute any statement of Additional Rent unless Xxxxxx has paid to Landlord the amount due as shown on Landlord’s statement of actual Additional Rent, said payment being a condition precedent to Xxxxxx’s right to examine Xxxxxxxx’s books and records.

  • Utility Charges Tenant shall pay or cause to be paid all charges for electricity, power, gas, oil, water and other utilities used in connection with the Leased Property.

  • Individual Charge for Parking i. The Contractor shall provide up to twenty (20) parking passes to the Attendees during the Program Dates at the rate of $@@.@@ for each pass. Unless expressly set forth otherwise, the Contractor shall xxxx each Attendee directly for any parking passes purchased as an Individual Charge.

  • Payment of Taxes or Other Governmental Charges Holders of Receipts shall be obligated to make payments to the Depositary of certain charges and expenses, as provided in Section 5.7. Registration of transfer of any Receipt or any withdrawal of Stock and all money or other property, if any, represented by the Depositary Shares evidenced by such Receipt may be refused until any such payment due is made, and any dividends, interest payments or other distributions may be withheld or any part of or all the Stock or other property represented by the Depositary Shares evidenced by such Receipt and not theretofore sold may be sold for the account of the holder thereof (after attempting by reasonable means to notify such holder prior to such sale), and such dividends, interest payments or other distributions or the proceeds of any such sale may be applied to any payment of such charges or expenses, the holder of such Receipt remaining liable for any deficiency.

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