Payments for Water Sample Clauses

Payments for Water. NIA shall pay for water in accordance with the relevant provisions of the Fifth Schedule of the Project Agreement and the following provisions, provided that to the extent of any inconsistencies between the Fifth Schedule and the following provisions, the following provisions shall prevail: (a) The Water Delivery Fee shall be equal to the Guaranteed Water Delivery Fee plus the Variable Delivered Water Delivery Fee minus the Water Delivery Fee Credit (as such term is defined in Section (f)(i) below), and shall be calculated on a monthly basis and be payable in Dollars at the end of each Month: (i) For each Month through to the Month ending on December 25, 2008 the Guaranteed Water Delivery Fee shall equal the Water Delivery Rate multiplied by 66,825,000 cubic meters (corresponding to 801.9 million cubic meters per year) and (ii) for each Month beginning with the Month commencing December 25, 2008 the Guaranteed Water Delivery Fee shall equal the Water Delivery Rate multiplied by 58,333,333 cubic meters (corresponding to 700 million cubic meters per year). (c) The actual volume of Delivered Water and CO Water in any Month greater than or less than (i) prior to the Month beginning on December 25, 2008, 66,825,000 cubic meters and (ii) after the Month beginning on December 25, 2008, 58,333,333 cubic meters, will not result in any increases or reductions of the Guaranteed Water Delivery Fee. Each of NIA and CE Casecnan understands and acknowledges that the 66,825,000 cubic meter and 58,333,333 cubic meter monthly figures are mathematical averages of annual figures and therefore do not bear any relationship to water flows in any particular Month. (d) For each Month through the Month ending December 25, 2008, the Variable Delivered Water Delivery Fee shall be zero and for each Month beginning with the Month commencing December 25, 2008 through the end of the Cooperation Period, the Variable Delivered Water Delivery Fee shall be payable only from the date when the cumulative Total Available Water for the then current Contract Year exceeds 700,000,000 cubic meters and (i) for the first Month in each such Contract Year shall equal the Water Delivery Rate multiplied by the amount obtained by subtracting 700,000,000 from the Total Available Water for the Contract Year through the end of such first Month during which the Total Available Water has exceeded 700,000,000 cubic meters and (ii) for subsequent Months of the same Contract Year, the Variable Delivered Water Del...
Sample 1
AutoNDA by SimpleDocs
Payments for Water. 3.1 The Supplier shall render monthly accounts for water consumed by the Customer in accordance with the remaining provisions of this clause 3. The Customer shall pay each such account no later than the 20th day of the month following the month in which the account is rendered. 3.2 The Customer shall pay the Supplier, for all water supplied by the Supplier to the Customer’s Points of Supply at Milford Sound existing at the date of this agreement and any additional amounts due to the Supplier as a result of additional supplies pursuant to clause 2.3 of this agreement at the Nominal Rate or at the specified Unmetered Charge. 3.3 The Customer shall pay the Supplier, for the availability of Water supplied by the Supplier to the Customer’s Points of Supply, whether any water is consumed or not, at Milford Sound existing at the date of this agreement and any additional Points of Supply pursuant to clause 2.3 of this agreement at the monthly Connection Charge. 3.4 The amounts referred to in clause 3.2 and 3.3 shall be exclusive of all goods and services tax which shall be payable in addition to those amounts and at the same time as the account to which it relates. 3.5 In respect of any water supplied to a Point of Supply not in existence at the commencement date of this agreement or to a Point of Supply which while existing at the commencement date of this agreement, it is required to sustain a new business venture undertaken by the Customer pursuant to clause 2.3, the accounts rendered shall be based on readings of the relevant Meters and calculated at the then Nominal Rate or as otherwise agreed pursuant to clause 2.3. 3.6 If the Customer fails to pay the amounts specified in the accounts pursuant to clause 3.1 by the due date, the Supplier shall have the right to disconnect the Customer’s Points of Supply from the Water Supply System or otherwise discontinue supply of water to the Customer. Disconnection shall not relieve the Customer from paying in full any outstanding amounts for water supplied prior to the time of disconnection.
Sample 1
Payments for Water. (a) Except as modified during the Term of this Agreement pursuant to the terms hereof, Seller shall sell all water to Purchaser under this Agreement at the rate of two hundred and fifty dollars ($250.00) per acre foot. At the end of each month, Seller shall read the meter(s) referred to in Section 3 hereof and record the quantity of water that was delivered to Purchaser during the preceding month deliver a copy of such record to Purchaser pursuant to Section 28 hereof. Purchaser shall pay Seller for all water that Seller delivered to Purchaser on or before the thirtieth (30th) calendar day after Purchaser receives the monthly invoice for such water from Seller. (b) Beginning on the first annual anniversary of the Commencement Date on each annual anniversary thereafter, the rate paid for the water supplied pursuant to this Agreement shall be increased by a percentage equal to the percentage change that Jurupa Community Services District may hereafter impose for the provision of domestic water used for irrigation of facilities similar to the School Site. (c) In the event Jurupa Community Services District discontinues providing domestic water for irrigation of facilities similar to the School Site, the parties shall meet and negotiate in good faith toward the selection of three local water providers that provide domestic water used for irrigation of facilities similar to the School Site. Thereafter, the average percentage change in those three water providers rates shall be used in the place of Jurupa Community Services District's percentage change. If the parties are unable to select three such providers, the parties shall submit the matter to binding arbitration pursuant to the American Arbitration Association under its Commercial Arbitration Rules, or such other mediation entity and rules as the parties may designate in the event the American Arbitration Association or its Commercial Arbitration Rules are no longer in existence. The scope of mediation shall be limited to the price provision of this Agreement and shall be binding on the parties. Until such time a decision is made by the American Arbitration Association, or other mediator pursuant to this Section 6(c), the then existing amount paid for water hereunder shall continue to be paid. (d) Buyer shall, within fifteen (15) days following the full completion of construction of the Water Supply Facilities, provide payment in the amount of eighty thousand dollars ($80,000) to Seller as an additional pa...
Sample 1
Payments for Water 
Sample 1

Related to Payments for Water

  • Payments for Consent The Company will not, and will not permit any of its Restricted Subsidiaries to, directly or indirectly, pay or cause to be paid any consideration to or for the benefit of any Holder of Notes for or as an inducement to any consent, waiver or amendment of any of the terms or provisions of this Indenture or the Notes unless such consideration is offered to be paid and is paid to all Holders of the Notes that consent, waive or agree to amend in the time frame set forth in the solicitation documents relating to such consent, waiver or agreement.

  • Payments for Consents Neither the Company nor any of its Subsidiaries or Affiliates may, directly or indirectly, pay or cause to be paid any consideration, whether by way of interest, fee or otherwise, to any Holder for or as an inducement to any consent, waiver or amendment of any of the terms or provisions of the Indenture or the Notes unless such consideration is offered to be paid or agreed to be paid to all Holders of the Notes that consent, waive or agree to amend such term or provision within the time period set forth in the solicitation documents relating to the consent, waiver or amendment.

  • Offices for Payments, etc So long as any of the Securities remain outstanding, the Issuer will maintain in the Borough of Manhattan, The City of New York, the following for each series: an office or agency (a) where the Securities may be presented for payment, (b) where the Securities may be presented for registration of transfer and for exchange as in this Indenture or any supplemental indenture provided and (c) where notices and demands to or upon the Issuer in respect of the Securities or of this Indenture may be served. The Issuer will give to the Trustee written notice of the location of any such office or agency and of any change of location thereof. Unless otherwise specified in accordance with Section 2.03, the Issuer hereby initially designates the Corporate Trust Office of the Trustee, as the office to be maintained by it for each such purpose. In case the Issuer shall fail to so designate or maintain any such office or agency or shall fail to give such notice of the location or of any change in the location thereof, presentations and demands may be made and notices may be served at the Corporate Trust Office. The Issuer may from time to time designate one or more additional offices or agencies where the Securities of a series may be presented for payment, where the Securities of that series may be presented for exchange as provided in this Indenture and pursuant to Section 2.03 and where the Securities of that series may be presented for registration of transfer as provided in this Indenture, and the Issuer may from time to time rescind any such designation, as the Issuer may deem desirable or expedient; provided, however, that no such designation or rescission shall in any manner relieve the Issuer of its obligation to maintain the agencies provided for in this Section. The Issuer will give to the Trustee prompt written notice of any such designation or rescission thereof.

  • Record Maintenance and Retention A. Grantee shall keep and maintain under GAAP or GASB, as applicable, full, true, and complete records necessary to fully disclose to the System Agency, the Texas State Auditor’s Office, the United States Government, and their authorized representatives sufficient information to determine compliance with the terms and conditions of this Grant Agreement and all state and federal rules, regulations, and statutes. B. Grantee shall maintain and retain legible copies of this Grant Agreement and all records relating to the performance of the Grant Agreement, including supporting fiscal documents adequate to ensure that claims for grant funds are in accordance with applicable State of Texas requirements. These records shall be maintained and retained by the Grantee for a minimum of seven (7) years after the Grant Agreement expiration date or seven (7) years after all audits, claims, litigation or disputes involving the Grant Agreement are resolved, whichever is later.

  • Record Maintenance The Service Provider shall maintain, and require any third parties with which it contracts to maintain with respect to the Fund’s shareholders holding the Fund’s shares in a Service Provider account (“Customers”) the following records: a. Number of shares; b. Date, price and amount of purchases and redemptions (including dividend reinvestments) and dates and amounts of dividends paid for at least the current year to date; c. Name and address of the Customer, including zip codes and social security numbers or taxpayer identification numbers; d. Records of distributions and dividend payments; and e. Any transfers of shares.

  • Payment of Utilities Pay for electricity and all other utilities consumed in or relating to the Subject Unit and proportionately for the Common Portions.

  • Responsibility for Charges 4.1 CBB shall be responsible for and pay to Verizon all charges for any Telecommunications Services provided by Verizon or provided by persons other than Verizon and billed for by Verizon, that are ordered, activated or used by CBB, CBB Customers or any other persons, through, by means of, or in association with, Telecommunications Services provided by Verizon to CBB pursuant to this Resale Attachment. 4.2 Upon request by CBB, Verizon will provide for use on resold Verizon retail Telecommunications Service dial tone lines purchased by CBB such Verizon retail Telecommunications Service call blocking and call screening services as Verizon provides to its own end user retail Customers, where and to the extent Verizon provides such Verizon retail Telecommunications Service call blocking services to Verizon’s own end user retail Customers. CBB understands and agrees that certain of Verizon’s call blocking and call screening services are not guaranteed to block or screen all calls and that notwithstanding CBB’s purchase of such blocking or screening services, CBB’s end user Customers or other persons ordering, activating or using Telecommunications Services on the resold dial tone lines may complete or accept calls which CBB intended to block. Notwithstanding the foregoing, CBB shall be responsible for and shall pay Verizon all charges for Telecommunications Services provided by Verizon or provided by persons other than Verizon and billed for by Verizon in accordance with the terms of Section 4.1 above.

  • Account Maintenance Trade Allocations Trade Reporting; (Futures) Daily Trade Checkout Daily Statement Reconciliation

  • Operating and Maintenance Costs The Participating Generator shall be responsible for all its costs incurred in connection with operating and maintaining the Generating Units identified in Schedule 1 for the purpose of meeting its obligations under this Agreement.

  • Payments for Distribution Assistance and Administrative Support Services (a) Payments to the Distributor. In consideration of the payments made by the Fund to the Distributor under this Plan, the Distributor shall provide administrative support services and distribution services to the Fund. Such services include distribution assistance and administrative support services rendered in connection with Shares (1) sold in purchase transactions, (2) issued in exchange for shares of another investment company for which the Distributor serves as distributor or sub-distributor, or (3) issued pursuant to a plan of reorganization to which the Fund is a party. If the Board believes that the Distributor may not be rendering appropriate distribution assistance or administrative support services in connection with the sale of Shares, then the Distributor, at the request of the Board, shall provide the Board with a written report or other information to verify that the Distributor is providing appropriate services in this regard. For such services, the Fund will make the following payments to the Distributor:

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!