Commissioning Payment Sample Clauses

Commissioning Payment. Each Partner shall make a Commissioning Payment (CPt) in respect of each Payment Period (t) falling wholly or partly within the Commissioning Period on the tenth (10th) Business Day of the following Payment Period in question. The Commissioning Payment (CPt) will be based on the projected tonnage of Contract Waste forecast to be delivered by that Partner in the Payment Period before the Services Commencement Date, calculated in accordance with paragraph [3] in Part A "Commissioning Payments" of the Project Agreement Payment Mechanism. Each Partner’s Commissioning Payment for each Payment Period shall be calculated using the following formula: CP = (CGF x COMIND x FCCWt) t y y Where: CPt = the Commissioning Payment payable by the Partner for the relevant Payment Period 't' during the Commissioning Period CGFy = the Commissioning Gate Fee per tonne for Contract Year ‘y’ calculated in accordance with the Project Agreement Payment Mechanism COMINDx = Full Indexation for the relevant Contract Year as calculated in accordance with the Project Agreement Payment Mechanism FCCWt = the Partner's forecast Commissioning Contract Waste tonnage for the Payment Period ‘t’
Sample 1Sample 2
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Commissioning Payment. (a) The Business must meet the following requirements before the Agency will pay the Commissioning Payment: (i) complete Milestone[/s] <insert number>] to the satisfaction of the Agency (as notified under clause 1.4(b)(i)); (ii) submit copies of tax invoices showing evidence of payment for all Project Costs associated with completing Milestone[/s] <insert number> by email to the Agency; and (iii) submit an invoice for the Commissioning Payment that complies with clause 2.4(a) by email to the Agency. (b) Once the Business has complied with all requirements in clause 2.1(a), the Agency will pay the Commissioning Payment to the Business: (i) if the tax invoice for the Commissioning Payment is received by the Agency between 1 April and 30 June in the relevant year, by 1 August in that year; or (ii) if the tax invoice for the Commissioning Payment is received by the Agency between 1 July in one year and 31 March the following year, within 30 days after the Agency confirms receipt of the tax invoice for the Commissioning Payment.
Sample 1
Commissioning Payment. Upon the close of debt financing for the construction of a geothermal power project which utilizes geothermal resources produced from the Truckhaven Resource Area and the LADWP PPA or an Alternate PPA (as defined in paragraph 5b below), LEA shall be entitled to receive from the proceeds of the construction financing a lump sum payment equ al to $7000.00 per MW of the design capacity or nameplate rating of the power plant to be constructed within the Truckhaven Resource Area, and an additional $7000.00 per i Mw of installed capacity if and when construction of the geothermal power project is1 completed and passes all commissioning tests required under the LADWP PPA, or similar tests under any power purchase agreement entered into between an Alternate Power Purchaser and IAE (the "Alternate PPA"). The contingent payments due LEA under this subparagraph 5(a) are hereafter collectively referred to as the "Commissioning /Payment."
Sample 1

Related to Commissioning Payment

  • Training Pay City shall pay one and one-half times regular salary rate for training required by the Police and Peace Officers Licensing Law which is taken outside of regular duty hours (approximately 48 hours every three years). The Chief will establish the type and amount of training required.

  • Scheduling Payments Funds must be available in your Bill Payment Account on the scheduled payment date. If the date you schedule a payment to be initiated falls on a non-business day (Saturday, Sunday, or holiday), funds must be available in your Bill Payment Account the following business day (e.g. Monday). After funds are withdrawn from your Bill Payment Account to make a payment, we may make the payment either by transferring funds electronically to the payee or by mailing the payee a check. You may choose to schedule payments to recur in the same amount at regular weekly, monthly, or semi-monthly intervals. When you create a new payee in the Bill Payment Service, it takes two (2) business days to set up the payee to receive payments. You should schedule a payment to a new payee at least ten (10) business days before any payment due date, to allow us time to set up the payee and verify information about your account with the payee. For all subsequent payments, you agree to allow at least four (4) to ten (10) business days between the date you schedule a payment to be initiated and the payment due date (that is, the due date shown on your invoice or provided in your agreement with the payee, not taking into account any applicable grace period). If the payment is an Automatic Clearing House (ACH) electronic payment, it will take up to four (4) business days to reach the payee. However, if the company or person that you are paying cannot accept an electronic payment, the Bill Payment Service will send a check that may take up to ten (10) business days. If you do not follow these time frames, you will be fully responsible for all late fees, finance charges or other actions taken by the payee. If you schedule your payment and follow all instructions provided, but the payment is not received by the payee in a timely manner, the Credit Union will work with the payee on your behalf to reverse any late fees or charges.

  • Commissioning Commissioning tests of the Interconnection Customer’s installed equipment shall be performed pursuant to applicable codes and standards. The ISO and Connecting Transmission Owner must be given at least five Business Days written notice, or as otherwise mutually agreed to by the Parties, of the tests and may be present to witness the commissioning tests.

  • Training Allowance Operators who are required by the Employer to provide training to a specified level and to certify to the competency of the employees so trained shall receive twelve dollars ($12) per day while training. In such cases, the most senior qualified operator with the capability to provide training in the required class of equipment shall be given the opportunity to provide such training.

  • Contract Closure Contracting Officer shall give appropriate written notice to Purchaser when Purchaser has complied with the terms of this contract. Purchaser shall be paid refunds due from Timber Sale Account un- der B4.24 and excess cooperative deposits under B4.218.

  • Training Costs All costs and expenses incurred by the Contractor in the training of its employees engaged in Petroleum Operations, and such other training as is required by this Agreement.

  • Service Core Allowance The company shall pay $0.95 per hour for all work carried out in construction of service core. This allowance will be adjusted annually (effective from 1 June) in accordance with CPI movements (All Groups, Melbourne) for the preceding 12 months to March (increases to be rounded to the nearest 5 cents).

  • Expense Allowance The Company shall reimburse the Executive for all reasonable and necessary expenses incurred by him from time to time in the performance of his duties hereunder, against receipts therefor in accordance with the then effective policies and requirements of the Company.

  • Specialist Schools Allowance Funding equivalent to that which a maintained school with the Academy's characteristics would receive in respect of their participation in the specialist schools programme. In the year of conversion, this may continue to be paid by the Local Authority;

  • Construction Phase Services 3.1.1 – Basic Construction Services

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