Reservation Fees. A reservation fee is generally taken from a tenant applying to rent a property. The purpose of this fee is to verify the Tenant's serious intent to proceed, and to protect the Agent against any administrative expenses (taking out bank references, conducting viewings, re-advertising) that may be incurred should the Tenant decide to withdraw the application. The reservation fee does not protect the Landlord against loss of rent due to the Tenant deciding to withdraw, or references proving unsuitable although early acceptance of rent from the applicant would not be advisable until satisfactory references have been received. Landlords should notify the Agent where they wish a larger security fee to be carried to protect against loss of rents, or insurance undertaken. This fee is not a deposit until it is transferred on the establishment of the tenancy.
Reservation Fees. Fees shall be calculated by multiplying the current Reservation Fee as contained in the WTCPUA Rules and Policies at the time of each anniversary of the date of the Written Service Commitment times the number of unused LUEs reserved for the Developer pursuant to this Agreement. Developer shall calculate and pay annual Reservation Fees for reserved water LUEs on each annual anniversary of the commencement of the Reservation Period (“Due Date”). If Developer pays the Reservation Fees prior to or on the Due Date, the LUEs for which Reservation Fees have been paid will be considered to be in “reserved status” for the next contract year in the Reservation Period. Reservation Fees are non-refundable and non- reimbursable and paid reservation fees will not offset or be credited against Impact Fee assessments. If Reservation Fees are not paid on the Due Date, such nonpayment shall be an event of default. If Developer fails to pay Reservation Fees on the Due Date, the WTCPUA may terminate this Agreement, with immediate effect, by giving notice to the Developer. Any remaining LUEs for which Reservation Fees are not paid will no longer be considered in “reserved status” and such nonpayment will be considered a breach of contract and Developer may be subject to any and all penalties and remedies applicable to a breach of this Agreement. Should Developer transfer or assign this Agreement, neither the reservation of nor right to reserve LUEs shall be automatically assigned to any future successor in interest of the Developer as a component of any assignment of this Agreement without express written consent of the WTCPUA. Reservation Fees for the initial year of the Reservation Period must be paid not later than six (6) months from the date of the Written Service Commitment by the WTCPUA Board of Directors if a water meter or meters having up to 347 LUEs of water has not been installed in accordance with WTCPUA Rules and Policies. Any LUEs in reserved status, but which are connected and for which impact fees are paid during the six (6) month grace period, will be deducted from the number of LUEs for which the initial years’ Reservation Fees are due. Furthermore, the Developer agrees and understands that the WTCPUA’s commitment of 347 LUEs of water service runs with and is assigned to the Proposed Development.
Reservation Fees. A refundable $100 security deposit and rental fee is due when reserving the facility. The deposit will be forfeited, and additional fees may be charged if the facility is damaged, requires excessive cleanup, or is used more than the permitted time.
Reservation Fees. A reservation fee is generally taken from a tenant applying to rent a property. The purpose of this fee is to verify the tenant's serious intent to proceed, and to protect the Agent against any administrative expenses (Credit checks, references, conducting viewings, re-advertising) that may be incurred should the tenant decide to withdraw the application. The reservation fee does not protect the Landlord against loss of rent due to the tenant deciding to withdraw, or references proving unsuitable although early acceptance of rent from the applicant would not be advisable until satisfactory references have been received.
Reservation Fees. Commercial photographers/videographers who wish to reserve a specific park area or feature must go about the same reservation process and pay the same reservation fees as other park guests. Visit xxx.xxxxxxxx.xxx/xxxxx for details.
Reservation Fees. Customer acknowledges that at certain Collocation Sites, Collocation Providers will only reserve space upon payment of an ongoing monthly reservation fee covering the period between Customer’s initial request for Collocation Space and the date on which the Equipment is actually installed and Customer begins paying MRC for ongoing usage; in such cases, Sprint will communicate this to Customer during the quotation process, and Customer recognizes that in such cases, unless and until Sprint has received the reservation fee payment from Customer, no guarantee of space availability at any particular Collocation Site can be made.
Reservation Fees. In respect of any Indicative Amount:
(i) if the Purchaser on or before the 1st Reservation Fee Deadline places a Purchase Order for that Indicative Amount, no Reservation Fee will be payable, but Purchaser shall pay for that Indicative Amount, or if the Purchaser on or before the 1st Reservation Fee Deadline notifies Dynavax in writing that it will not place a Purchase Order (“Confirmation of No Purchase Notice”), no Reservation Fee will be payable;
(ii) otherwise:
(1) the Purchaser shall pay the 1st Reservation Fee on the first Business Day after the 1st Reservation Fee Deadline and if the Purchaser places a Purchase Order for that Indicative Amount or serves a Confirmation of No Purchase Notice on or before the 2nd Reservation Fee Deadline, no Second Reservation Fee will be payable; and
(2) if the Purchaser neither places a Purchase Order for that Indicative Amount nor serves a Confirmation of No Purchase Notice on or before the 2nd Reservation Fee Deadline, the Purchaser shall pay the 2nd Reservation Fee on the first Business Day after the 2nd Reservation Fee Deadline;
Reservation Fees. Celladon agrees to compensate Novasep for the reservation of manufacturing slots, in 2015 and 2016, for the Product in the Novasep Facility. As a consequence Celladon shall pay to Novasep an aggregate amount of […***…] Euro ([…***…] €), which shall be payable as follows:
(i) […***…] Euro ([…***…] €), to be paid no later than […***…];
(ii) […***…] Euro ([…***…] €), to be paid no later than […***…]
Reservation Fees. The CITY hereby agrees to provide, and the DEVELOPER agrees to receive from the CITY, water services, subject to the conditions and limitations ser forth herein, provided, however that such services shall only be provided after the Developer delivers a nonrefundable payment for the Reservation Fees for the proposed units requiring service. The DEVELOPER shall deliver a nonrefundable payment in the sum of $137,855.00, said sum being fifty percent (50%) of the total amount of current development fees due for the Project (the “Water Reservation/Commitment Fees”). Payment of the Reservation Fees does not entitle the connection to the water system of the units within the development for which the Reservation Fees are received without paying development fees in existence at the time of the required payment. However, the Reservation Fees will be applied toward the development fee payment required, and the Developer shall be responsible for any difference between the Reservation Fee and Development Fee at the time of the required payment. The ERU’s hereby reserved for DEVELOPER shall attach to and run with the land described in Exhibit “A” hereto and shall not be severed therefrom and/or sold, conveyed or transferred separate and apart from the land by DEVELOPER. Nothing in this Agreement shall be construed to prevent DEVELOPER from acquiring additional ERU’s from the CITY in the future, but all such future acquisitions shall be at the prevailing rate schedule in effect at the time such acquisition is made.
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