RENTAL, STORAGE TARIFF AND INTO-PLANE SERVICE FEES Sample Clauses

RENTAL, STORAGE TARIFF AND INTO-PLANE SERVICE FEES. 7.1 The Operator shall, pay to ACSA a fixed monthly rental (exclusive of VAT) equal to – Period Airport Monthly Rental excl VAT VAT Monthly Rental incl VAT 01/07/2025 to 30/06/2035 Chief Xxxxx Xxxxxxxx International 7.2 The rentals and other amounts payable to ACSA under this agreement shall be paid (together with VAT thereon) to ACSA in accordance with 7.3 and within thirty days after delivery of ACSA's statement in respect thereof to the Operator. 7.3 The rentals (plus VAT thereon) and all other amounts which are due and payable to ACSA under this agreement shall be paid by the Operator to ACSA by electronic bank transfer into ACSA's bank account in the RSA for the time being and without any set-off, withholding or deduction of any nature whatever. 7.4 The Operator shall keep all its books and records (including, without limitation, all fuel receipts, flight receipts, fuel meter readings, reports by independent inspectors with regard to the Bulk Fuel Site, hydrant system and/ or ground service equipment and performance of fuelling services at the Airport, and all records of the volume of aviation fuel conveyed by the Operator and Throughputters through the hydrant system and ground service equipment during each calendar month of this agreement) up to date and in accordance with IFRS accounting practices. ACSA, its representatives and/or its auditors shall be entitled, at all reasonable times and on reasonable notice to the Operator, to inspect all such books and records and to take copies and/or extracts thereof. 7.5 The Operator shall pay a storage Tariff determined by ACSA which reserves a right to set to below and/or up to a maximum published (xxx.xxxxx.xxx.xx) NERSA approved storage Tariff for every litre of aviation fuels stored in the bulk fuel storage facilities at the Airport in accordance with clause 7.3 above. The strategic stock’s NERSA Storage tariff is payable once and upon a use and replenish event. The Operator shall only off-set the agreed maintenance costs, NERSA approved reserve fuel stock return-on-investment and management fees agreed to by ACSA and the Operator against these NERSA Storage Tariffs at the Airport according to Xxxxxxxx X. Costs over and above the agreed monthly costs, shall first be approved by ACSA Manager of Maintenance Engineering or a duly authorised person at each site prior to execution of the works. The method of calculating the monthly storage fees payable shall be: 7.5.1 All monthly throughput of fuel in the st...
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