Initial Payment - Transportation Charge Clause Samples
The 'Initial Payment - Transportation Charge' clause defines the requirement for an upfront payment specifically covering transportation costs associated with the contract. Typically, this clause stipulates that the buyer or client must pay a specified amount or percentage before goods are shipped or services involving transportation commence. For example, it may require payment of the full transportation fee or a deposit prior to delivery. The core function of this clause is to ensure that the party responsible for transportation costs provides the necessary funds in advance, thereby reducing the risk of non-payment and facilitating smooth logistical arrangements.
Initial Payment - Transportation Charge. Minimum Component
Initial Payment - Transportation Charge. Capital Component
Initial Payment - Transportation Charge. Minimum Component Payments by the Agency under the minimum operation, maintenance, power, and replacement component of the Transportation Charge shall commence for each aqueduct reach in the year following the year in which construction of that reach is completed.
Initial Payment - Transportation Charge. Variable Component Payments by the Agency under the variable operation, maintenance, power, and replacement component of the Transportation Charge shall commence in the year of initial water delivery to the Agency.
Initial Payment - Transportation Charge. Capital Component Payments by the Agency under the capital cost component of the Transportation Charge shall commence in the year following the year in which the State commences construction of the project transportation facilities. If such construction has already commenced when this contract is executed, such payments shall begin in the year following the year of execution.
Initial Payment - Transportation Charge. Capital Component> Payments by the District under the capital cost component of the Transportation Charge shall commence in 1963.
Initial Payment - Transportation Charge. Variable Component> Payments by the District under the variable operation, maintenance, power and replacement