Rates, Fees, & Charges Sample Clauses

Rates, Fees, & Charges. (a) The Authority’s Board of Directors shall adopt a schedule of rates, fees and charges sufficient to operate and maintain the System, provide for capital improvements, and meet the obligations of assumed liabilities as set forth herein. Such payments shall be made exclusively from revenues received by the Authority from rates, fees and other charges paid by users of the System and available to it for such purpose. (b) Initial rates, fees and charges adopted by the Authority’s Board of Directors for sewer service, fire service, development actions including extensions, connections and new services, customer service and billing functions, and miscellaneous services in the Service Area shall be consistent with fees charged to customers in the City of Roanoke and Roanoke County. After the initial adoption, the rates, fees and charges described in this Section 6.6(b) shall change and be consistent with the rates, fees and charges adopted by the Authority’s Board of Directors for customers in the City of Roanoke and Roanoke County. (c) Initial rates, fees and charges adopted by the Authority’s Board of Directors for water service in the Service Area shall be developed using the Authority’s billing methodology that results in an average residential monthly charge of $36.00 for 5,000 gallons consumption. After the initial adoption, the rates, fees and charges for water service shall remain unchanged until July 1, 2020; provided, however, that the Authority will be permitted to revise rates for its customers in Botetourt County to cover its obligations in the event of an impending default under any of the Assumed Financing Agreements. By July 1, 2023, the Authority’s Board of Directors shall adopt water service rates, fees, and charges in the Service Area consistent with the rates, fees and charges for water service adopted by the Authority’s Board of Directors for customers in the City of Roanoke and Roanoke County.
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Rates, Fees, & Charges. Upon the completion of the Crossing(s) and the interconnection to CCU’s system, CCU shall provide potable water to LGWU at CCU’s Bulk Service Water rate or Commercial General Water rate, as determined by LGWU upon the execution of this Agreement. Such rates are those as set forth in the current County rate resolution, as amended from time to time, comprised of a Base Facility Charge, Gallonage Charge, and Customer Charge. LGWU’s initial demand is an annual average amount of 26,000 gallons per day (“GPD”), with potential demand at build-out of 175,000 GPD. There shall be no plant capacity charges, Accrued Guaranteed Revenue Fees, transmission capacity charges or prepaid revenue charges with regard to the existing connections served by LGWU at the time of connection. However, once service has been activated between CCU’s system and LGWU’s system, LGWU shall pay to CCU all applicable charges set forth in the then-current County rate resolution, as amended from time to time, including a plant capacity charge, transmission capacity charge and AGRF per ERC for each additional customer connecting to the LGWU system served through the Connection(s), which shall be paid to CCU at the time of meter set/service connections to LGWU. CCU shall provide LGWU no less than sixty (60) days written notice of any change in rates.

Related to Rates, Fees, & Charges

  • Fees Charges All points, fees and charges (including finance charges) and whether or not financed, assessed, collected or to be collected in connection with the origination and servicing of each Mortgage Loan have been disclosed in writing to the Mortgagor in accordance with applicable state and federal law and regulation. This representation and warranty is a Deemed Material and Adverse Representation; and

  • TAXES/FEES Contractor promptly shall pay all applicable taxes on its operations and activities pertaining to this Contract. Failure to do so shall constitute breach of this Contract. Unless otherwise agreed, Purchaser shall pay applicable sales tax imposed by the State of Washington on purchased Goods and/or Services. Contractor’s invoices shall separately state (a) taxable and non-taxable charges and (b) sales/use tax due by jurisdiction. In regard to federal excise taxes, Contractor shall include federal excise taxes only if, after thirty (30) calendar days written notice to Purchaser, Purchase has not provided Contractor with a valid exemption certificate from such federal excise taxes.

  • Service Charges No service charge shall be made for any exchange or registration of transfer of Warrants.

  • Maximum Charges In no event whatsoever shall interest and other charges charged hereunder exceed the highest rate permissible under law. In the event interest and other charges as computed hereunder would otherwise exceed the highest rate permitted under law, such excess amount shall be first applied to any unpaid principal balance owed by Borrowers, and if the then remaining excess amount is greater than the previously unpaid principal balance, Lenders shall promptly refund such excess amount to Borrowers and the provisions hereof shall be deemed amended to provide for such permissible rate.

  • Monthly Base Rent With respect to any Payment Date and any Lease Vehicle (other than a Lease Vehicle with respect to which the Disposition Date occurred during such Related Month), the “Monthly Base Rent” with respect to such Lease Vehicle for such Payment Date shall equal the pro rata portion (based upon the number of days in the Related Month with respect to such Payment Date that were included in the Vehicle Term for such Lease Vehicle) of the Depreciation Charge for such Lease Vehicle as of the last day of such Related Month calculated on a 30/360 day basis.

  • Bank Charges Borrowers shall pay to Agent, on demand, any and all fees, costs or expenses which Agent or any Lender pays to a bank or other similar institution arising out of or in connection with (i) the forwarding to any Borrower or any other Person on behalf of any Borrower, by Agent or any Lender, of proceeds of Loans made to Borrowers pursuant to this Agreement and (ii) the depositing for collection by Agent or any Lender of any check or item of payment received or delivered to Agent or any Lender on account of the Obligations.

  • Interest Fees and Charges 1Interest

  • Termination Fee; Expenses (a) In recognition of the efforts, expenses and other opportunities foregone by CenterState while structuring and pursuing the Merger, Charter shall pay to CenterState a termination fee equal to $14,485,624 (“Termination Fee”), by wire transfer of immediately available funds to an account specified by CenterState in the event of any of the following: (i) in the event CenterState terminates this Agreement pursuant to Section 7.01(g) or Charter terminates this Agreement pursuant to Section 7.01(h), Charter shall pay CenterState the Termination Fee within one (1) Business Day after receipt of CenterState’s notification of such termination; and (ii) in the event that after the date of this Agreement and prior to the termination of this Agreement, an Acquisition Proposal shall have been made known to senior management of Charter or has been made directly to its stockholders generally or any Person shall have publicly announced (and not withdrawn) an Acquisition Proposal with respect to Charter and (A) thereafter this Agreement is terminated (x) by either CenterState or Charter pursuant to Section 7.01(c) because the Requisite Charter Stockholder Approval shall not have been obtained or (y) by CenterState pursuant to Section 7.01(d) or Section 7.01(e) and (B) prior to the date that is twelve (12) months after the date of such termination, Charter enters into any agreement or consummates an Acquisition Transaction with respect to an Acquisition Proposal (whether or not the same Acquisition Proposal as that referred to above), then Charter shall, on the earlier of the date it enters into such agreement and the date of consummation of such Acquisition Transaction, pay CenterState the Termination Fee, provided, that for purposes of this Section 7.02(a)(ii), all references in the definition of Acquisition Transaction to “20%” shall instead refer to “50%.” (b) If CenterState or Charter terminates this Agreement pursuant to Section 7.01(b) and the denial of the applicable Regulatory Approval by the applicable Governmental Authority is caused solely by CenterState and its Subsidiaries, CenterState shall, on the date of termination, pay to Charter the sum of $2,000,000 (the “Reverse Termination Fee”). The Reverse Termination Fee shall be paid to Charter in same-day funds. (c) Charter and CenterState each agree that the agreements contained in this Section 7.02 are an integral part of the transactions contemplated by this Agreement, and that, without these agreements, CenterState would not enter into this Agreement; accordingly, if Charter fails promptly to pay any amounts due under this Section 7.02, Charter shall pay interest on such amounts from the date payment of such amounts were due to the date of actual payment at the rate of interest equal to the sum of (i) the rate of interest published from time to time in The Wall Street Journal, Eastern Edition (or any successor publication thereto), designated therein as the prime rate on the date such payment was due, plus (ii) 200 basis points, together with the costs and expenses of CenterState (including reasonable legal fees and expenses) in connection with such suit. (d) Notwithstanding anything to the contrary set forth in this Agreement, the Parties agree that if a Party pays or causes to be paid to the other Party the Termination Fee in accordance with Section 7.02(a) or the Reverse Termination fee in accordance Section 7.02(b), as applicable, the Party paying such Termination Fee or Reverse Termination (or any successor in interest thereof) will not have any further obligations or liabilities to the other Party with respect to this Agreement or the transactions contemplated by this Agreement.

  • Monthly Fees ACS will xxxx Customer each month during the term of this Agreement based on number of "Actions" which occurred during the prior month. The definition of "Actions" and fees for each Action will be documented in each Task Order. Customer shall cause ACS to be paid the foregoing fees on a monthly basis within thirty (30) days of ACS' delivery of an invoice for the preceding month's Actions.

  • Late Payment Charges If any undisputed amount due on a billing statement is not received by the billing Party by the Bill Due Date, the billing Party shall calculate and assess, and the billed Party agrees to pay, a late payment charge on the past due balance equal to one and one-half (1 ½%) percent per month or the highest rate of interest that may be charged under Applicable Law, compounded daily, for the number of days from the Bill Date until the date on which such payment is made. Such late payment charges shall be included on the billing Party’s next statement to the billed Party.

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