LEVIES AND FEES Sample Clauses

LEVIES AND FEES. The Developer agrees that the Development Area will benefit from new or expanded off-site water, sanitary sewer, and arterial roadway that will be utilized to provide municipal services to the Development Area, and accordingly, the Developer covenants and agrees to pay to the Municipality off-site levies if and when established by the Municipality. Unless otherwise specifically provided within Schedule “E” attached to this Agreement, off site levies (or other subdivision or development charges) payable by the Developer shall be calculated and paid upon submission for endorsement of a Plan of Subdivision for the Development Area. The Developer covenants and agrees that the off-site levies currently established by the Municipality and payable by the Developer to the Municipality are the amounts specified in Schedule "E" of this Agreement. Unless otherwise required by the applicable bylaw, or otherwise already apportioned and applied within Schedule “E” to the lands contained within the Development Area, the Municipality shall distribute any off-site levies specified in Schedule "E" which are shown or levied on the basis of gross hectares in the manner the Municipality considers equitable amongst the parcels within the Development Area (excluding any lands to be owned by the Municipality) so that a specified amount shall be attributed to each parcel within the Development Area. The Developer acknowledges that in the event that at the time of execution of this Agreement the Municipality does not impose off site levies (or other subdivision or development charges), the Municipality may in the future impose such levies or charges in accordance with a bylaw of general application which shall establish the various levies or charges applicable to similar developments within the Municipality. The Developer acknowledges that the Municipality will incur costs and expenses in the checking of the Plans for the Municipal Improvements, as well as costs and expenses for the testing and inspection of the Municipal Improvements, which costs and expenses are properly part of the costs of constructing and installing the Municipal Improvements and should properly be borne by the Developer. The Municipality and the Developer agree that unless otherwise required by any applicable fees bylaw or any other bylaw of general application, or unless otherwise stipulated within Schedule “E”, upon the execution of this Agreement Developer shall pay to the Municipality approval and inspect...
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LEVIES AND FEES. 8.1 The Developer agrees that the Development Area will benefit from new or expanded off-site water, sanitary sewer, roadway and/or storm drainage facilities that will be utilized to provide municipal services to the Development Area, and accordingly the Developer covenants and agrees to pay to the Municipality off-site levies if and when established by the County or as specifically provided within Schedule “E” attached to this Agreement. The Developer shall provide proof of payment satisfactory to the County prior to the commencement of construction upon the Development Area. 8.2 The Developer acknowledges that the County will incur costs and expenses in the checking of the Plans for the Improvements, as well as costs and expenses for the testing and inspection of the Improvements, which costs and expenses are properly part of the costs of constructing and installing the Improvements and should properly be borne by the Developer. The County and the Developer agree that unless otherwise required by any applicable fees bylaw or any other bylaw of general application, or unless otherwise stipulated within Schedule “E”, upon the execution of this Agreement the Developer shall pay to the County approval and inspection fees as per the fees established from time to time by the County. Such fees may be applied on a flat rate basis or for each hectare within the gross area of the Development Area, or applied on the rate and/or basis required by any applicable fee bylaw or other applicable bylaw of general application, as set forth in Schedule "E", and failing those as may be established from time to time by the County.
LEVIES AND FEES. 17.1 The Developer shall pay to the City the levies and fees set out in Schedule “F“ as follows: (a) Contributions towards costs of arterial roadway development and upgrading at Servicing Agreement stage upon execution of this agreement; (b) Contributions towards costs of arterial roadway development and upgrading at Building Permit Stage within thirty (30) days of the date an invoice is issued. Invoicing will occur upon a Building Permit issuing for a lot. If an invoice is not paid within such thirty (30) day period, it will bear interest at the rate of eighteen percent (18%) per annum until paid; (c) The Servicing Agreement fee upon execution of this agreement. 17.2 Failure to pay an invoiced amount will be a default under this agreement.

Related to LEVIES AND FEES

  • Taxes and Fees Each Party shall pay any and all transfer and registration tax, expenses and fees incurred thereby or levied thereon in accordance with the laws of China in connection with the preparation and execution of this Agreement and the Transfer Contracts, as well as the consummation of the transactions contemplated under this Agreement and the Transfer Contracts.

  • Payment and Fees 3.1 In consideration for the Token, Royalty Rights and Creator Related Rights, First Acquirer hereby agrees to pay to the Seller the price set out under the Special Terms (“Fee”). Without limiting any of the foregoing, the valid execution of this Agreement, grant of rights stated herein, and the delivery of the Token, is conditioned upon (i) First Acquirer’s payment and Seller’s receipt of the entire Fee in the Escrow Account, and (ii) providing a compatible network wallet address in the manner as set out on the Website, as to where the Token will be delivered. The Seller shall retain the amount specified in the Special Terms as agency Fees.

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