Dockage Fees Sample Clauses

Dockage Fees. The Licensee shall pay Dockage Fees to Bosport for docking the Vessel during the License Period and any Extended License Period. Dockage Fees shall be paid in full on or before execution of the License and on or before May 1 and November 1 of each year with respect to the following Extended License Period; unless, Xxxxxxx has agreed in writing to accept payment of the dockage fees in monthly installments, in such case each installment must be received on or before the first day of the month in which it is due, said payments to be secured by valid credit card. A separate written agreement is necessary for each Extended License Period in which the Licensee seeks to pay in monthly installments and in the absence of such an agreement all Dockage Fees, Utility Fees, and Common Area Fees must be paid by the Licensee on or before the first day of the Extended License Period. The Licensee shall also pay to Bosport on demand all charges for the Licensee’s use of Marina facilities, utilities at rates specified by Bosport from time to time, and any charges related to work performed by contractors at the Marina. In addition, the Licensee agrees to pay Xxxxxxx a $45 Late Fee for amounts past due more than Fourteen (14) days.
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Dockage Fees. During the initial five (5) year term this Agreement, Cotton Club agrees to pay Yacht Club an annual dockage fee of Three Hundred Thousand Dollars ($300,000.00) payable as follows: The cash sum of $50,000.00 has been previously paid for and on behalf of Cotton Club upon the execution of the option dated October 9, 1992, for the moorage rights granted herein, the receipt and sufficiency of which is hereby acknowledged by Yacht Club; and the balance of $250,000.00 shall be paid in three (3) equal (more or less) installments on January 9, 1993, April 1, 1993, and July 1, 1993, in accordance with the terms and conditions of the promissory notes attached hereto as Exhibits “A”, “B” and “C”. Subject to the provisions of Section 3 above, with respect to termination, each successive annual payment will be due in advance on a yearly basis on the anniversary of the inception date of this Agreement and continue throughout the term of this Agreement and any extensions thereof. The annual dockage fees during the option terms, if any, shall be as follows: During the first option term — $330,000.00 per annum; during the second option term — $360,000.00 per annum; during the final and third option term — $390,000.00 per annum, prorated on a daily basis for any year of that term less than 365 days.
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Dockage Fees. With the exception of the fees addressed in Section 5 above, unless otherwise requested on a case-by-case basis by Lessee and approved by Lessor, dockage fees assessed against vessels calling at Lessee’s facility shall be billed to and paid by Lessee. The dockage rate for all vessels calling at Lessee’s facility shall be sixty percent (60%) of the applicable full Port Tariff rates then in effect, or the any applicable frequency or volume incentive rate requested by Lessee and approved by the Port Director in accordance with applicable provisions of the Port Tariff.
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Related to Dockage Fees

  • Breakage Fees If any Lender incurs any loss, cost or expense (excluding loss of anticipated profits and other indirect or consequential damages) by reason of the liquidation or re-employment of deposits or other funds acquired by such Lender to fund or maintain any Eurocurrency Loan as a result of any of the following events other than any such occurrence as a result of a change of circumstance described in Sections 8.1 or 8.2:

  • Breakage Payments In the event of (a) the payment or prepayment, whether optional or mandatory, of any principal of any Eurodollar Loan earlier than the last day of an Interest Period applicable thereto (including as a result of an Event of Default), (b) the conversion of any Eurodollar Loan earlier than the last day of the Interest Period applicable thereto, (c) the failure to borrow, convert, continue or prepay any Revolving Loan or Term Loan on the date specified in any notice delivered pursuant hereto or (d) the assignment of any Eurodollar Loan earlier than the last day of the Interest Period applicable thereto as a result of a request by Borrower pursuant to Section 2.16(b), then, in any such event, Borrower shall compensate each Lender for the loss, cost and expense attributable to such event. In the case of a Eurodollar Loan, such loss, cost or expense to any Lender shall be deemed to include an amount determined by such Lender to be the excess, if any, of (i) the amount of interest which would have accrued on the principal amount of such Loan had such event not occurred, at the Adjusted LIBOR Rate that would have been applicable to such Loan, for the period from the date of such event to the last day of the then current Interest Period therefor (or, in the case of a failure to borrow, convert or continue, for the period that would have been the Interest Period for such Loan), over (ii) the amount of interest which would accrue on such principal amount for such period at the interest rate which such Lender would bid were it to bid, at the commencement of such period, for dollar deposits of a comparable amount and period from other banks in the Eurodollar market. A certificate of any Lender setting forth in reasonable detail any amount or amounts that such Lender is entitled to receive pursuant to this Section 2.13 shall be delivered to Borrower (with a copy to the Administrative Agent) and shall be conclusive and binding absent manifest error. Borrower shall pay such Lender the amount shown as due on any such certificate within 5 days after receipt thereof.

  • Brokerage Fees Except as described on Section 5.13 of the Acquiror Disclosure Letter, no broker, finder, investment banker or other Person is entitled to any brokerage fee, finders’ fee or other commission in connection with the transactions contemplated by the Merger Agreement based upon arrangements made by such Sponsor, for which Acquiror or any of its Affiliates may become liable.

  • No Brokerage Fees There are no claims for brokerage commission, finders’ fees or similar compensation in connection with the transactions contemplated by this Subscription Agreement or related documents based on any arrangement or agreement binding upon Subscriber.

  • Late Fees (Check one) ☐ ☐ A late fee will be charged if Rent is not paid on time. Rent paid after the day of each month will be deemed as late; and if Rent is not paid within days after such due date, Subtenant agrees to pay: (Check one) a set late charge of $ . ☐ % of the balance due per day for each day that Rent is late. ☐ A late fee will NOT be charged. ☐ Su Bounced Checks: btenant agrees to pay $ for each dishonored bank check.

  • Payment of Interest and Fees Notwithstanding any other provision of this Agreement or any provision of any Related Document, Borrower does not agree or intend to pay, and Lender does not agree or intend to charge, collect, take, reserve or receive (collectively referred to herein as “charge or collect”), any amount in the nature of interest or in the nature of a fee for the Loan which would in any way or event (including demand, prepayment, or acceleration) cause Lender to contract for, charge or collect more for the Loan than the maximum Lender would be permitted to charge or collect by any applicable federal or Texas state law. Any such excess interest or unauthorized fee will, instead of anything stated to the contrary, be applied first to reduce the unpaid principal balance of the Loan, and when the principal has been paid in full, be refunded to Borrower.

  • Interest Fees Borrower shall pay FINOVA interest on the daily outstanding balance of the Obligations at the per annum rate set forth on the Schedule. Borrower shall also pay FINOVA the fees set forth on the Schedule.

  • Computations of Interest and Fees (a) Except as provided in the next succeeding sentence, interest on LIBOR Loans shall be calculated on the basis of a 360-day year for the actual days elapsed. Interest on ABR Loans shall be calculated on the basis of a 365- (or 366-, as the case may be) day year for the actual days elapsed.

  • Management Fees (a) In consideration of the services provided by the Investment Manager, each class of a Fund shall pay to the Investment Manager a management fee that is calculated as described in this Section 6 using the fee schedules described herein.

  • Computation of Interest and Fees All computations of interest for Base Rate Loans (including Base Rate Loans determined by reference to the Eurodollar Rate) shall be made on the basis of a year of 365 or 366 days, as the case may be, and actual days elapsed. All other computations of fees and interest shall be made on the basis of a 360-day year and actual days elapsed (which results in more fees or interest, as applicable, being paid than if computed on the basis of a 365-day year). Interest shall accrue on each Loan for the day on which the Loan is made, and shall not accrue on a Loan, or any portion thereof, for the day on which the Loan or such portion is paid, provided that any Loan that is repaid on the same day on which it is made shall, subject to Section 2.12(a), bear interest for one day. Each determination by the Administrative Agent of an interest rate or fee hereunder shall be conclusive and binding for all purposes, absent manifest error.

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