Common use of PPP Fees Clause in Contracts

PPP Fees. 16.2.1 The monthly PPP Fees payable by the Private Party to SANParks shall be the higher of the following two figures: 16.2.1.1 the Minimum PPP Fee; or 16.2.1.2 the Variable PPP Fee 16.2.2 The minimum PPP Fee or the Variable PPP Fee will be calculated on the turnover for each of the Restaurant Facility listed in Schedule 6. 16.2.3 The monthly Minimum PPP Fee and the Variable PPP Fee are set out in detail in Schedule 6 attached hereto. Irrespective of which of these elements determines the final amount payable in any given month, the PPP Fee payment will be the higher of the Minimum PPP Fee or the Variable PPP Fee for the Restaurant Facility and shall accrue and be payable by the Private Party to SANParks within 7 (seven) Business Days following the end of each month, free of deduction or set-off, to SANParks. 16.2.4 All PPP Fees or other amounts payable by the Private Party to SANParks in terms of this PPP Agreement shall be exclusive of value-added tax (VAT). 16.2.5 The Private Party shall, notwithstanding any other provision of this PPP Agreement, not be obliged to pay rental for the period from the Effective Date up to the Operation Commencement Date, where after PPP Fees will be payable as provided for herein.

PPP Fees. 16.2.1 The monthly PPP Fees payable by the Private Party to SANParks shall be the higher of the following two figures: 16.2.1.1 the Minimum PPP Fee; or 16.2.1.2 the Variable PPP Fee 16.2.2 The minimum PPP Fee or the Variable PPP Fee will be calculated on the turnover for each of the Restaurant Facility and Retail facilities listed in Schedule 6. 16.2.3 The monthly Minimum PPP Fee and the Variable PPP Fee are set out in detail in Schedule 6 attached hereto. Irrespective of which of these elements determines the final amount payable in any given month, the PPP Fee payment will be the higher of the Minimum PPP Fee or the Variable PPP Fee in each for the Restaurant Facility and Retail facilities listed in Schedule 6 and shall accrue and be payable by the Private Party to SANParks within 7 (seven) Business Days following the end of each month, free of deduction or set-off, to SANParks. 16.2.4 All PPP Fees or other amounts payable by the Private Party to SANParks in terms of this PPP Agreement shall be exclusive of value-added tax (VAT). 16.2.5 The Private Party shall, notwithstanding any other provision of this PPP Agreement, not be obliged to pay rental for the period from the Effective Date up to the Operation Commencement Date, where after PPP Fees will be payable as provided for herein.

PPP Fees. 16.2.1 The monthly PPP Fees payable by the Private Party to SANParks shall be the higher of the following two figures: 16.2.1.1 the Minimum PPP Fee; or 16.2.1.2 the Variable PPP Fee 16.2.2 The minimum PPP Fee or the Variable PPP Fee will be calculated on the turnover for each of the Restaurant Facility Facilities listed in Schedule 6. 16.2.3 The monthly Minimum PPP Fee and the Variable PPP Fee are set out in detail in Schedule 6 attached hereto. Irrespective of which of these elements determines the final amount payable in any given month, the PPP Fee payment will be the higher of the Minimum PPP Fee or the Variable PPP Fee in each for the Restaurant Facility facilities listed in Schedule 6 and shall accrue and be payable by the Private Party to SANParks within 7 (seven) Business Days following the end of each month, free of deduction or set-off, to SANParks. 16.2.4 All PPP Fees or other amounts payable by the Private Party to SANParks in terms of this PPP Agreement shall be exclusive of value-added tax (VAT). 16.2.5 The Private Party shall, notwithstanding any other provision of this PPP Agreement, not be obliged to pay rental for the period from the Effective Date up to the Operation Commencement Date, where after PPP Fees will be payable as provided for herein.

PPP Fees. 16.2.1 The monthly PPP Fees payable by the Private Party to SANParks shall be the higher of the following two figures: 16.2.1.1 : the Minimum PPP Fee; or 16.2.1.2 or the Variable PPP Fee 16.2.2 The minimum PPP Fee or the Variable PPP Fee will be calculated on the turnover for each of the Restaurant Picnic Site Facility listed in Schedule 6. 16.2.3 The monthly Minimum PPP Fee and the Variable PPP Fee are set out in detail in Schedule 6 attached hereto. Irrespective of which of these elements determines the final amount payable in any given month, the PPP Fee payment will be the higher of the Minimum PPP Fee or the Variable PPP Fee for the Restaurant Picnic Site Facility and shall accrue and be payable by the Private Party to SANParks within 7 (seven) Business Days following the end of each month, free of deduction or set-off, to SANParks. 16.2.4 All PPP Fees or other amounts payable by the Private Party to SANParks in terms of this PPP Agreement shall be exclusive of value-added tax (VAT). 16.2.5 The Private Party shall, notwithstanding any other provision of this PPP Agreement, not be obliged to pay rental for the period from the Effective Date up to the Operation Commencement Date, where after PPP Fees will be payable as provided for herein.

PPP Fees. 16.2.1 The monthly PPP Fees payable by the Private Party to SANParks shall be the higher of the following two figures: 16.2.1.1 the Minimum PPP Fee; or 16.2.1.2 the Variable PPP Fee 16.2.2 The minimum PPP Fee or the Variable PPP Fee will be calculated on the turnover for each of the Restaurant Facility Facilities listed in Schedule 6. 16.2.3 The monthly Minimum PPP Fee and the Variable PPP Fee are set out in detail in Schedule 6 attached hereto. Irrespective of which of these elements determines the final amount payable in any given month, the PPP Fee payment will be the higher of the Minimum PPP Fee or the Variable PPP Fee for the Restaurant Facility listed in Schedule 6 and shall accrue and be payable by the Private Party to SANParks within 7 (seven) Business Days following the end of each month, free of deduction or set-off, to SANParks. 16.2.4 All PPP Fees or other amounts payable by the Private Party to SANParks in terms of this PPP Agreement shall be exclusive of value-added tax (VAT). 16.2.5 The Private Party shall, notwithstanding any other provision of this PPP Agreement, not be obliged to pay rental for the period from the Effective Date up to the Operation Commencement Date, where after PPP Fees will be payable as provided for herein.

PPP Fees. 16.2.1 The monthly PPP Fees payable by the Private Party to SANParks shall be the higher of the following two figures: 16.2.1.1 the Minimum PPP Fee; or 16.2.1.2 the Variable PPP Fee 16.2.2 The minimum PPP Fee or the Variable PPP Fee will be calculated on the turnover for each of the Restaurant Facility KNP Fleet Workshops listed in Schedule 6. 16.2.3 The monthly Minimum PPP Fee and the Variable PPP Fee are set out in detail in Schedule 6 attached hereto. . 16.2.4 Irrespective of which of these elements determines the final amount payable in any given month, the PPP Fee payment will be the higher of the Minimum PPP Fee or the Variable PPP Fee for the Restaurant Facility KNP Fleet Workshops and shall accrue and be payable by the Private Party to SANParks within 7 (seven) Business Days following the end of each month, free of deduction or set-off, to SANParks. 16.2.4 16.2.5 All PPP Fees or other amounts payable by the Private Party to SANParks in terms of this PPP Agreement shall be exclusive of value-added tax (VAT). 16.2.5 16.2.6 The Private Party shall, notwithstanding any other provision of this PPP Agreement, not be obliged to pay rental for the period from the Effective Date up to the Operation Commencement Date, where after PPP Fees will be payable as provided for herein.

PPP Fees. 16.2.1 15.2.1 The monthly PPP Fees payable by the Private Party to SANParks shall be the higher of the following two figures: 16.2.1.1 15.2.1.1 the Minimum PPP Fee; or 16.2.1.2 15.2.1.2 the Variable PPP Fee 16.2.2 15.2.2 The minimum PPP Fee or the Variable PPP Fee will be calculated on the turnover for each of the Restaurant Spa Facility listed in Schedule 6. 16.2.3 15.2.3 The monthly Minimum PPP Fee and the Variable PPP Fee are set out in detail in Schedule 6 attached hereto. Irrespective of which of these elements determines the final amount payable in any given month, the PPP Fee payment will be the higher of the Minimum PPP Fee or the Variable PPP Fee for the Restaurant Spa Facility and shall accrue and be payable by the Private Party to SANParks within 7 (seven) Business Days following the end of each month, free of deduction or set-off, to SANParks. 16.2.4 15.2.4 All PPP Fees or other amounts payable by the Private Party to SANParks in terms of this PPP Agreement shall be exclusive of value-added tax (VAT). 16.2.5 15.2.5 The Private Party shall, notwithstanding any other provision of this PPP Agreement, not be obliged to pay rental for the period from the Effective Date up to the Operation Commencement Date, where after PPP Fees will be payable as provided for herein.

PPP Fees. 16.2.1 The monthly PPP Fees payable by the Private Party to SANParks shall be the higher of the following two figures: 16.2.1.1 the Minimum PPP Fee; or 16.2.1.2 the Variable PPP Fee 16.2.2 The minimum PPP Fee or the Variable PPP Fee will be calculated on the turnover for each of the Restaurant Retail Facility listed in Schedule 6, that is, each Retail Facility shall be required to pay its PPP Fee. 16.2.3 The monthly Minimum PPP Fee and the Variable PPP Fee are set out in detail in Schedule 6 attached hereto. Irrespective of which of these elements determines the final amount payable in any given month, the PPP Fee payment will be the higher of the Minimum PPP Fee or the Variable PPP Fee for in each of the Restaurant Facility Retail Facilities listed in Schedule 6 and shall accrue and be payable by the Private Party to SANParks within 7 (seven) Business Days following the end of each month, free of deduction or set-off, to SANParks. 16.2.4 All PPP Fees or other amounts payable by the Private Party to SANParks in terms of this PPP Agreement shall be exclusive of value-added tax (VAT). 16.2.5 The Private Party shall, notwithstanding any other provision of this PPP Agreement, not be obliged to pay rental for the period from the Effective Date up to the Operation Commencement Date, where after PPP Fees will be payable as provided for herein.

PPP Fees. 16.2.1 The monthly PPP Fees payable by the Private Party to SANParks shall be the higher of the following two figures: 16.2.1.1 the Minimum PPP Fee; or 16.2.1.2 the Variable PPP Fee 16.2.2 The minimum PPP Fee or the Variable PPP Fee will be calculated on the turnover for each of the Restaurant Selati Precinct Facility listed in Schedule 6. 16.2.3 The monthly Minimum PPP Fee and the Variable PPP Fee are set out in detail in Schedule 6 attached hereto. Irrespective of which of these elements determines the final amount payable in any given month, the PPP Fee payment will be the higher of the Minimum PPP Fee or the Variable PPP Fee for the Restaurant Selati Precinct Facility and shall accrue and be payable by the Private Party to SANParks within 7 (seven) Business Days following the end of each month, free of deduction or set-off, to SANParks. 16.2.4 All PPP Fees or other amounts payable by the Private Party to SANParks in terms of this PPP Agreement shall be exclusive of value-added tax (VAT). 16.2.5 The Private Party shall, notwithstanding any other provision of this PPP Agreement, not be obliged to pay rental for the period from the Effective Date up to the Operation Commencement Date, where after PPP Fees will be payable as provided for herein.

PPP Fees. 16.2.1 15.2.1 The monthly PPP Fees payable by the Private Party to SANParks shall be the higher of the following two figures: 16.2.1.1 15.2.1.1 the Minimum PPP Fee; or 16.2.1.2 15.2.1.2 the Variable PPP Fee 16.2.2 15.2.2 The minimum PPP Fee or the Variable PPP Fee will be calculated on the turnover for each of the Restaurant Facility Xxxx Braai Product listed in Schedule 6. 16.2.3 15.2.3 The monthly Minimum PPP Fee and the Variable PPP Fee are set out in detail in Schedule 6 attached hereto. Irrespective of which of these elements determines the final amount payable in any given month, the PPP Fee payment will be the higher of the Minimum PPP Fee or the Variable PPP Fee for the Restaurant Facility Xxxx Braai Product and shall accrue and be payable by the Private Party to SANParks within 7 (seven) Business Days following the end of each month, free of deduction or set-off, to SANParks. 16.2.4 15.2.4 All PPP Fees or other amounts payable by the Private Party to SANParks in terms of this PPP Agreement shall be exclusive of value-added tax (VAT). 16.2.5 15.2.5 The Private Party shall, notwithstanding any other provision of this PPP Agreement, not be obliged to pay rental for the period from the Effective Signature Date up to the Operation Commencement Effective Date, where after PPP Fees will be payable as provided for herein.