FARE COLLECTION Sample Clauses

FARE COLLECTION. Subject to the provisions of Section 13.5.1c, passengers will be required to pay fares directly into a dedicated Dial-a Ride bank account established by the City for this purpose. This account shall be managed by the City (subject to compliance with any relevant City policy or Applicable Law) and all amounts received into such account on behalf of passengers shall, prior to travel, be recorded as a travel credit in the name of the relevant passenger. The Operator must inform passengers of the relevant fare at the time of booking, and also establish whether the passengers have sufficient travel credits for the required trip. Passengers who have insufficient travel credits must be requested to top-up their account prior to travel. The City shall be entitled to debit the aforesaid account in respect of an actual fare collected, only once the passenger has boarded the Vehicle. Any interest earned on funds held in trust shall accrue to the City. Users will be able to use any of the following payment options: • • • • Any payment method to be determined.
Sample 1
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FARE COLLECTION. The Contractor must collect fares on the shuttle service at levels set by MCTD and according to procedures approved by MCTD. This may include accepting passes or tickets for the shuttle. No fare boxes are currently installed on the two MCTD owned13 passenger vehicles. Drivers will be collecting fares and will be responsible for accounting for all passengers carried and balancing this amount with fares received. Contractor will operate periodic clandestine spot checks to assure that driver’ passenger counts and fare receipts are reported correctly. Transfers need to be issued and accepted between other MCTD and Golden Gate Transit routes. Contractor will be required to coordinate with Golden Gate Transit to pick up printed transfers for distribution on the shuttles. Fares collected need to be reconciled and paid to MCTD on a monthly basis. Contractor shall work with the Metropolitan Transportation Commission (MTC) to implement TransLink fare collection if available through MTC.
Sample 1
FARE COLLECTION. The CONTRACTOR will utilize an electronic system for individual passenger fare collection for COMMUTER VANPOOLS operated under a Volunteer Driver Agreement. For all other agreements, the CONTRACTOR will provide for a manual or electronic billing system, as applicable. For COMMUTER VANPOOLS, a ridership roster will be provided to lessees/drivers prior to the first of the month indicating passengers approved to ride. Lessees/drivers will be required to report passengers riding on the van who do not appear on their ridership roster. The CONTRACTOR will be directly responsible for enforcement of non-payment policies. COMMUTER VANPOOL invoicing, fare collection (electronic and TranBen checks), and associated record-keeping and accounting are the responsibility of the CONTRACTOR. Payment will be made directly to the CONTRACTOR.
Sample 1
FARE COLLECTION. 10.1. Capital Metro or Capital Metro’s Third Party Service Provider shall collect all fare revenue. 10.2. The amount of fares collected will be documented on the City’s monthly invoice and deducted from the cost of service. 10.3. Capital Metro’s Third Party Service Provider shall provide the City with fare media for Georgetown Limited Paratransit Services.
Sample 1
FARE COLLECTION. The CONTRACTOR is responsible for collection of fares due and owing from a client, and the maintenance of records and deposit receipts for the fares collected, as per the terms and conditions of this Agreement. CONTRACTOR shall accept all means of payment approved from time to time by the COUNTY, including, but not limited to, cash, passes, tickets, transit punch cards, transfers, and electronic transit fare cards. All fares are to be collected as the client boards the vehicle. Clients must pay the exact fare when boarding and vehicle operators are not permitted to make change. Clients shall not be required to pay any fare to the vehicle operator when the actual pick up service is over sixty (60) minutes past the scheduled pick up time. COUNTY paratransit clients will not be expected or requested to pay, and drivers will not be permitted to accept, gratuities.
Sample 1
FARE COLLECTION. 10.1. Capital Metro’s Third Party Service Provider shall collect all fare revenue. 10.2. The amount of fares collected will be documented on the City’s monthly invoice and deducted from the cost of service. 10.3. Capital Metro’s Third Party Service Provider shall provide the City with fare media for Georgetown transit services. 10.4. Capital Metro may assist the City of Georgetown in preparing a proposal for GoGeo ticket sales at the HEB on 0000 X. Xxxxxxxxxx 00 Xxxxxxxx Xx., Xxxxxxxxxx, Xxxxx 00000, or other locations as agreed upon by the Parties.
Sample 1
FARE COLLECTION. CONTRACTOR’s staff will collect fares in advance where feasible. 5 Vehicle operators shall also collect fares as established by ICTC and maintain an accurate 6 count of all boarding passengers by fare category. Vehicle operators shall not make 7 change for passengers.
Sample 1
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FARE COLLECTION. All monies collected by the coordinator from permanent and daily passengers shall be paid to LAWA. The driver shall submit the following completed documentation with the collected fares: 1. Previous month’s Vanpool Daily Log 2. Current month’s Vanpool Daily Log 3. Voyager Fuel Purchasing Log with fuel receipts Permanent Passengers – The coordinator shall collect prepaid monthly vanpool fares from permanent passengers by the 5th calendar day of each month. All monies collected and due LAWA are to be submitted to the Rideshare Office no later than the 8th calendar day of each month. A $5.00 late fee will be assessed per passenger per day after the 8th day of the month (even if the 8th day falls on a weekend or holiday). Permanent passengers who have subleased their seat to daily passengers are responsible for collecting fares due them.
Sample 1

Related to FARE COLLECTION

  • Income Collection Unless otherwise directed by Instruction, the Custodian shall collect any amount due and payable to the Fund with respect to Investments and promptly credit the amount collected to a Principal or Agency Account; provided, however, that the Custodian shall not be responsible for: (a) the collection of amounts due and payable with respect to Investments that are in default or (b) the collection of cash or share entitlements with respect to Investments that are not registered in the name of the Custodian or its Subcustodians. The Custodian is hereby authorized to endorse and deliver any instrument required to be so endorsed and delivered to effect collection of any amount due and payable to the Fund with respect to Investments.

  • Data Collection The grant recipient will be required to provide performance data reports on a schedule delineated within Section A of this contract, Specific Terms and Conditions.

  • The Collection Account (a) The Trust Administrator shall establish and maintain in the name of the Notes Intermediary the Collection Account as provided in Section 5.07, which account shall be pledged to the Indenture Trustee for the benefit of the Noteholders. (b) The Trust Administrator shall make withdrawals from the Collection Account only for the purposes set forth in Section 5.08.

  • Payment and Collection Your bill will be based on monthly meter readings provided to XOOM Energy by your NGDC. If there is an error in your meter reading, XOOM Energy will adjust its bill to you upon your NGDC providing a corrected meter reading to XOOM Energy. You represent that you are financially able and willing to fulfill the terms and conditions of this Agreement and that you have not filed, are not in the process of filing or plan to begin any bankruptcy proceedings. Your first bill payment will be due to the NGDC on the date specified in the NGDC bill. If you do not pay it on time, you could be subject to interest and late charges imposed by the NGDC, and your service could be disconnected. In all events, you shall remain obligated to pay for all natural gas received by you and any interest, fees and penalties incurred by XOOM Energy. You will also be responsible for all costs, including legal fees, associated with the collection of amounts owed to XOOM Energy.

  • Information Collection Information collection activities performed under this award are the responsibility of the awardee, and NSF support of the project does not constitute NSF approval of the survey design, questionnaire content or information collection procedures. The awardee shall not represent to respondents that such information is being collected for or in association with the National Science Foundation or any other Government agency without the specific written approval of such information collection plan or device by the Foundation. This requirement, however, is not intended to preclude mention of NSF support of the project in response to an inquiry or acknowledgment of such support in any publication of this information.

  • Collections (a) The Servicer shall remit daily to the Collection Account all payments received from or on behalf of the Obligors on or in respect of the Receivables and all Net Liquidation Proceeds within two (2) Business Days after receipt thereof, in each case, minus (i) an amount equal to amounts previously deposited by the Servicer in the Collection Account but later determined by the Servicer in its reasonable opinion to have resulted from mistaken deposits or postings, which amounts have not been previously reimbursed to the Servicer, and (ii) any prepayment charge and other administrative fees and expenses or similar charges which shall be retained by the Servicer and Supplemental Servicing Fees; provided, that any payments received in respect of an Obligor that are not immediately identifiable as such, shall not be deemed “received” until such time as the Obligor is identified and the payment is allocated as such, in accordance with the Servicer’s customary servicing practices. (b) Notwithstanding the provisions of clause (a) above and subject to and upon compliance with the terms and conditions set forth in this clause (b), the Servicer may be permitted to make remittances of collections on a less frequent basis than that specified in clause (a) above for so long as such terms and conditions are fulfilled. Accordingly, the Servicer will be permitted to remit collections referred to in clause (a) above to the Collection Account in immediately available funds on each Deposit Date for so long as (i) (A) the Servicer shall be AHFC, (B) no Servicer Default or Event of Default shall have occurred and be continuing and not have been waived in accordance with the Basic Documents, and (C) (x) the Required Servicer Rating is satisfied, or (y) if the Required Servicer Rating is not satisfied, the Servicer shall have obtained (1) a Servicer Letter of Credit issued by a depository institution or insurance company, as the case may be, having a short-term credit rating at least equal to the Required Deposit Rating and providing that the Indenture Trustee may draw thereon in the event that the Servicer fails to deposit collections into the Collection Account on a monthly basis, or (2) a surety bond, insurance policy or other deposit of cash or securities satisfactory to the Indenture Trustee and each Rating Agency; provided that in connection with clause (y) above, the Servicer satisfies the Rating Agency Condition with respect to each Rating Agency for which the Servicer’s then-current short-term credit rating is not at least equal to the Required Servicer Rating for such Rating Agency and, if applicable, provides the Indenture Trustee with an Officer’s Certificate from the Servicer to the effect that the Servicer’s then-current short-term credit rating is at least equal to the Required Servicer Rating from each other Rating Agency, if any; and, provided further, that if the Servicer shall have obtained a Servicer Letter of Credit in accordance with subclause (1) above, the Servicer shall be required to remit collections to the Collection Account on each Business Day to the extent that the aggregate amount of collections described in clause (a) above and received during such Collection Period exceeds the amount of the Servicer Letter of Credit. The Indenture Trustee shall not be deemed to have knowledge of any event or circumstance under clause (i)(B) above that would require daily remittance by the Servicer to the Collection Account unless a Responsible Officer has received notice of such event or circumstance from the Seller or the Servicer in an Officer’s Certificate, from Securityholders as provided in Section 7.01 or from the Letter of Credit Bank. Notwithstanding the foregoing, immediately following (x) non-compliance with any of clause (A), (B) or (C) above, or (y) the occurrence of an event specified in Section 7.01(c) (notwithstanding any period of grace contained in such clause), the Servicer shall remit all collections referred to in clause (a) above to the Collection Account on a daily basis within two (2) Business Days of receipt thereof in accordance with clause (a) above. For purposes of this Article the phrase “payments made on behalf of Obligors” shall mean payments made by Persons other than the Seller, the Servicer or the Letter of Credit Bank, if any. Any funds held by the Servicer which should have been deposited into the Collection Account but were not, thereby resulting in a payment under the Servicer Letter of Credit, if any, shall not be remitted to the Collection Account, but shall instead be paid immediately and directly to the Letter of Credit Bank. The Servicer shall also be permitted to reimburse the Letter of Credit Bank out of its own funds. Any such payment to the Letter of Credit Bank shall be accompanied by a copy of the Servicer’s Certificate related to the previous failure to remit funds and an Officer’s Certificate which includes a statement identifying, by reference to the items in such related Servicer’s Certificate, each shortfall in Servicer remittances to which such payment to the Letter of Credit Bank relates. The Servicer will also provide the Indenture Trustee with copies of each such Servicer’s Certificate and any Officer’s Certificate delivered with any such payment to the Letter of Credit Bank.

  • Allocations of Finance Charge Collections The Servicer shall allocate to the Series 1997-1 Certificateholders and retain in the Collection Account for application as provided herein an amount equal to the product of (A) the Floating Allocation Percentage and (B) the Series 1997-1 Allocation Percentage and (C) the aggregate amount of Collections of Finance Charge Receivables deposited in the Collection Account on such Deposit Date.

  • Shared Principal Collections Subject to Section 4.04 of the Agreement, Shared Principal Collections for any Distribution Date will be allocated to Series 2018-8 in an amount equal to the product of (x) the aggregate amount of Shared Principal Collections with respect to all Principal Sharing Series for such Distribution Date and (y) a fraction, the numerator of which is the Series 2018-8 Principal Shortfall for such Distribution Date and the denominator of which is the aggregate amount of Principal Shortfalls for all the Series which are Principal Sharing Series for such Distribution Date. The “Series 2018-8 Principal Shortfall” will be equal to (a) for any Distribution Date with respect to the Revolving Period, zero, (b) for any Distribution Date with respect to the Controlled Accumulation Period, the excess, if any, of the Controlled Deposit Amount with respect to such Distribution Date over the amount of Available Principal Collections for such Distribution Date (excluding any portion thereof attributable to Shared Principal Collections), and (c) for any Distribution Date with respect to the Early Amortization Period, the excess, if any, of the Invested Amount over the amount of Available Principal Collections for such Distribution Date (excluding any portion thereof attributable to Shared Principal Collections).

  • Income Collection, Transaction Processing, Account Administration of a basis point per annum on the average net assets of the Fund.

  • Excess Finance Charge Collections Series 2017-6 shall be an Excess Allocation Series. Subject to Section 4.05 of the Agreement, Excess Finance Charge Collections with respect to the Excess Allocation Series for any Distribution Date will be allocated to Series 2017-6 in an amount equal to the product of (x) the aggregate amount of Excess Finance Charge Collections with respect to all the Excess Allocation Series for such Distribution Date and (y) a fraction, the numerator of which is the Finance Charge Shortfall for Series 2017-6 for such Distribution Date and the denominator of which is the aggregate amount of Finance Charge Shortfalls for all the Excess Allocation Series for such Distribution Date. The “Finance Charge Shortfall” for Series 2017-6 for any Distribution Date will be equal to the excess, if any, of (a) the full amount required to be paid, without duplication, pursuant to subsections 4.05(a), 4.05(b) and 4.05(c) and subsections 4.07(a) through (j) on such Distribution Date and the full amount required to be paid, without duplication, pursuant to subsections 3.02(a)(iii) and 3.02(a)(iv) of the Transfer Agreement on the related Payment Date (as such term is defined in the Transfer Agreement) over (b) the sum of (i) the Reallocated Investor Finance Charge Collections, (ii) if such Monthly Period relates to a Distribution Date with respect to the Controlled Accumulation Period or Early Amortization Period, the amount of Principal Funding Account Investment Proceeds, if any, with respect to such Distribution Date and (iii) the amount of funds, if any, to be withdrawn from the Reserve Account which, pursuant to subsection 4.12(d), are required to be included in Class A Available Funds with respect to such Distribution Date. The amount of Excess Finance Charge Collections for Series 2017-6 for any Distribution Date shall be specified in subsection 3.02(a)(v) of the Transfer Agreement. On each Distribution Date, the Trustee shall deposit into the Collection Account for application in accordance with Section 4.05 of the Agreement the aggregate amount of Excess Finance Charge Collections received by the Trustee pursuant to the Transfer Agreement on such date.

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