Commodity Charges Sample Clauses

The Commodity Charges clause defines the fees or costs associated with the supply, purchase, or use of specific commodities under an agreement. It typically outlines how these charges are calculated, such as by unit price, volume, or market index, and may specify when and how payments are to be made. This clause ensures both parties have a clear understanding of the financial obligations related to commodities, thereby reducing the risk of disputes over pricing and payment terms.
Commodity Charges. The charges for basic gas supply service which is sold either by volume (ccf or Mcf) or heating value (dekatherms). • Cost Recovery Fee – Since all the energy associated with a fixed rate agreement is pre-purchased, XOOM charges a “Cost Recovery Fee” if the consumer terminates the agreement early. This is not intended as a penalty to the customer, but needs to offset the cost to XOOM to repurpose the energy the customer did not use as part of their agreement. These recovery fees will vary market to market and may change from time to time based on market conditions and attrition rates. • Monthly Program Cost Adder – Equitable compensation to XOOM Energy for services rendered in the arrangement and delivery of competitive energy supply to its customers.
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Commodity Charges of the NEA Supplementary Contract shall read in its entirety as follows: 7.04
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Commodity Charges. The charges for basic gas supply service sold by volume (Ccf/Mcf). Ccf/Mcf:The basic unit of measure at the meter for Natural Gas. A Ccf is the equivalent of using 100 cubic feet of gas. A Mcf is the equivalent of using 10 cubic feet of gas. Distribution Charges: The charges for the delivery of Natural Gas from the LDC to your premises. These charges are regulated by the PUC. Supplier of Last Resort: The company providing Natural Gas services, as determined by the PUC, to those customers not receiving service from an NGS.
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Commodity Charges. When gas is physically entering the system at Bacton, fuel gas is used principally by the gas turbines that power the compressors located at Bacton. When gas is physically entering the system at Zeebrugge, electricity is used by the electric motors that power the compressors located at Zeebrugge. A small amount of fuel gas is also consumed in heating gas exiting the IUK transportation system. IUK will enter into agreements with suppliers for fuel gas and electricity and will recover its costs of usage through commodity charges based on a Shipper’s Entry Allocations of gas at Bacton and Zeebrugge. The commodity unit costs will be updated regularly and published on IUK’s website17.
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Commodity Charges. Gas supply charge
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Commodity Charges. The commodity charges per 1000 gallons of wastewater flow which originate from the CoFSSA and is conveyed and treated at the County’s B-MWWTP, shall be based on the County sewer system residential volume rate block, which corresponds in volume range to the rate block, which is being used to calculate water commodity charges under the Potomac River Water Supply Agreement. If an emergency situation occurs that results in the City receiving, treating and discharging flow from the FCMIS, at the GHPWWTP, the City and County shall work to balance out the flows between the GHPWWTP and the B-MWWTP, or the County will compensate the City for treating the flow by paying the City commodity charges for this flow, equal to the commodity charge per 1000 gallons that is assessed to the City under the terms of this Agreement.
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Related to Commodity Charges

  • Possessory Interest Taxes Contractor acknowledges that this Agreement may create a “possessory interest” for property tax purposes. Generally, such a possessory interest is not created unless the Agreement entitles the Contractor to possession, occupancy, or use of City property for private gain. If such a possessory interest is created, then the following shall apply: 7.2.1 Contractor, on behalf of itself and any permitted successors and assigns, recognizes and understands that Contractor, and any permitted successors and assigns, may be subject to real property tax assessments on the possessory interest. 7.2.2 Contractor, on behalf of itself and any permitted successors and assigns, recognizes and understands that the creation, extension, renewal, or assignment of this Agreement may result in a “change in ownership” for purposes of real property taxes, and therefore may result in a revaluation of any possessory interest created by this Agreement. Contractor accordingly agrees on behalf of itself and its permitted successors and assigns to report on behalf of the City to the County Assessor the information required by Revenue and Taxation Code Section 480.5, as amended from time to time, and any successor provision. 7.2.3 Contractor, on behalf of itself and any permitted successors and assigns, recognizes and understands that other events also may cause a change of ownership of the possessory interest and result in the revaluation of the possessory interest. (see, e.g., Rev. & Tax. Code Section 64, as amended from time to time). Contractor accordingly agrees on behalf of itself and its permitted successors and assigns to report any change in ownership to the County Assessor, the State Board of Equalization or other public agency as required by law. 7.2.4 Contractor further agrees to provide such other information as may be requested by the City to enable the City to comply with any reporting requirements for possessory interests that are imposed by applicable law.

  • 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.

  • CONTRACT CHARGES The Contract Charges for the Services shall be structured using any of the following pricing mechanisms (as may be agreed by the Parties and set out in an SOW); Capped Time and Materials; Price per Story; Time and Materials; Fixed Price (to be used only for Services that are ancillary to software development services); or using such other pricing mechanism or combination of pricing mechanism thereof as may be agreed by the Parties. In consideration of the Supplier’s performance of its obligations under this Contract and in consideration of the specific services that are set out in an applicable SOW, the Customer shall pay the undisputed Contract Charges in accordance with the relevant SOW for the Release and the payment provisions set out at Clause 14 (Payment and VAT). The Customer shall, in addition to the Contract Charges and following delivery by the Supplier of an Invoice, pay the Supplier a sum equal to the VAT chargeable on the value of the Services supplied in accordance with this Contract. If at any time during this Contract Period the Supplier reduces its framework Prices for any Services which are provided under the framework Agreement (whether or not such Services are offered in a catalogue (if any) which is provided under the framework Agreement) in accordance with the terms of the framework Agreement, the Supplier shall immediately reduce the Contract Charges for such Services under this Contract by the same amount. The Supplier shall in any event ensure that the Contract Charges are at all times compliant and consistent with the charging structure set out in framework Schedule 8 (Charging Structure) and do not exceed the prices set out therein. Contract Charges: