One Government Hauler. If in Contract Year X, the Company enters into an agreement with a governmental agency or unit, i.e., Government “A” for disposal of its Acceptable Waste at the Facility. The agreement has a term of two (2) years whereby the beginning of the second year occurs on July 1 of Contract Year X and has a MFN Tipping Fee of $45.00. Government “A” delivers 12,500 Tons in Billing Year X. Since Government “A” MFN Tipping Fee ($45.00) is less than the Jurisdiction Tipping Fee ($47.50), the Jurisdictions will receive a rebate from the Company of:
Appears in 4 contracts
Samples: Waste Disposal and Service Agreement, Waste Disposal and Service Agreement, Waste Disposal and Service Agreement
One Government Hauler. If in Contract Year X, the Company enters into an agreement with a governmental agency or unit, i.e., Government “A” for disposal of its Acceptable Waste at the Facility. The agreement has a term of two (2) years whereby the beginning of the second year occurs on July 1 of Contract Year X and has a MFN Tipping Fee of $45.00. Government “A” delivers 12,500 Tons in Billing Year X. Since Government “A” MFN Tipping Fee ($45.00) is less than the Jurisdiction Tipping Fee ($47.50), the Jurisdictions will receive a rebate from the Company of:: (a) $47.50 - $45.00 = $2.50 (b) Lesser of (x) 12,500 Tons or (y) 65,000 Tons = 12,500 Tons.
Appears in 1 contract
Samples: Operating Lease Agreement