Slip Fees Sample Clauses

Slip Fees a. The Slip Fee structure for this Agreement is based upon the greater of the length of the vessel overall or the size of the slip assigned. The Vessel is subject to measurement by the Company and the Slip Fee will be determined by computations using the then-current Slip Fee schedule in effect. If at any time it is determined the length of the Vessel is longer than allowed in the Slip, or as initially determined by Company, whether caused by previous inaccurate measurement or by modification of the Vessel, additional Slip Fees may be assessed against the Vessel and shall be paid by Vessel Owner. In addition, should the Company, in its sole and absolute discretion, determine at any time that the overall Vessel length is a safety or navigational hazard, this Agreement, at Company’s option, shall be subject to immediate termination. b. Owner understands that the Company may increase the Slip Fee and/or other fees at any time upon thirty (30) days notice to Vessel Owner. Notice of fee increases shall be deemed effective thirty (30) calendar days after posting notice on the bulletin board located at the office of the Company or at the office of the Company’s onsite Manager. The Company may elect, alternatively or additionally, to provide notice of any fee increase by way of written notification tendered through the U.S. mails or by e-mail as provided by Vessel Owner. Adjustments in Slip Fees shall become effective on the first day of the calendar month next following said notice. Upon notification of an increase in any fee including the Slip Fee, Vessel Owner may elect to provide 30 days written notice of termination of this Agreement. In the event that Vessel Owner fails to pay any new Slip Fee after its effective date, the parties agree that such failure shall constitute a material breach and that the Company may immediately terminate this Agreement as of the effective date of the Slip Fee increase. If the Company elects to increase fees as herein provided, Vessel Owner may be required to either execute a new Agreement or (at the Company’s option) execute an amendment or other writing evidencing the new rate and any new or revised terms.
Sample 1Sample 2
AutoNDA by SimpleDocs
Slip Fees. 54 Section 10.05. Marina Payments....................................... 54
Sample 1
Slip Fees. The Developer shall pay the "Slip Rentals" as ------------- --------- contemplated by paragraph 5(b) of the Memorandum of Understanding and Consent between the Port Authority and DMS dated October 13, 1995, In accordance with paragraph 2 of the Agreement Respecting the S/S Milwaukee Clipper dated March 20, 1996, by and between the Developer and the Port Authority.
Sample 1
Slip Fees. (a) The Developer shall pay to the Port Authority an amount equal to the aggregate of the annual rental then being charged by the Port Authority for each boat slip that is removed or taken out of operation as a result of, or in connection with, the construction of the Docking Facilities and/or the operation of the Boat multiplied by the number of each such type of boat slip that is removed or made inoperational; provided, that such annual rental amounts shall be the same as the annual rental amounts charged to other users of similar boat slips by the Xxxxxxx Xxxxxx. (b) The Port Authority shall keep and make available to the Developer complete and accurate records of (i) the number and type of boat slips removed or taken out of operation as a result of, or in connection with, the construction of the Docking Facilities and/or the operation of the Boat, and (ii) the annual rental amount for each boat slip and the calculation of the aggregate of the annual rentals to be paid pursuant to Section 5.04(a) for each calendar year and partial calendar year during the Term. No later than January 1, 1997, Port Authority shall submit a statement to the Developer stating the number and type of boat slips removed or taken out of operation (the "Removal Statement"); and at least thirty (30) days prior to the date any slip rental payment is due, the Port Authority shall submit a statement to the Developer stating the annual slip rentals and the calculation of the amount due to be paid to the Port Authority pursuant to Section 5.04(a) (the "Slip Rental Statement"). Each slip rental payment shall be due thirty (30) days after the receipt of the Slip Rental Statement therefore. The Developer may, at any time on or before one (1) year after receipt of any Slip Rental Statement and at the Developer's sole cost and expense, cause an examination to be made of all financial books and records for the calendar year or partial calendar year to which such Slip Rental Statement applies; provided, that the Developer shall notify the Port Authority not less than five (5) days prior to commencing such examination. The Developer may cause such examination of all such financial books and records relating to Slip Rental Statements or the computation of the amount to be paid to the Developer pursuant to Section 5.04(a) to be made by such persons as the Developer may determine in its sole discretion; provided, that in the event the Developer takes the position that the actual amount required ...
Sample 1
Slip Fees. Xxxxxx Owner agrees to pay Xxxxxx the Slip / Mooring Fee set forth in the current annual marina Rate Schedule. The Slip / Mooring Fee for the first full period of the Term shall be paid to Marina by Xxxxxx Owner concurrently with the execution of this Agreement. Vessel owner will thereafter be sent a periodic statement setting forth the moorage and other fees and charges due. All Slip Fees are payable in advance and all fees and charges are due by the 10th of the month and delinquent on the 20th of the month. Non-receipt of billing statement does not relieve the Vessel Owner of the obligation to pay all charges. The Slip Fee and other charges shall be paid at Xxxxxx’s office or by mailing such payments to the address set forth on the monthly statement, or at such other place as may from time to time be designated by Xxxxxx in writing. Xxxxxx xxx increase the amount of Slip / Mooring Fee charged and payable monthly hereunder upon thirty (30) days written notice.
Sample 1

Related to Slip Fees

  • Program Fees Stripe will provide the Issuing Platform Services to you and the Stripe Issuing Services to Stripe Issuing Accountholders at the rates and for the fees described on the Stripe Pricing Page, unless you and Stripe otherwise agree in writing. In addition to the fees, you are also responsible for any penalties imposed on you or Stripe in relation to your use of the Issuing Platform Services. Fees and penalties may include periodic fees, foreign transaction fees, penalties for misuse, funds transfer fees, account maintenance fees, Card issuance or replacement fees, and penalties for late or failed payments. All fees or penalties you owe are in addition to amounts owed for Card Transactions and Card accounts associated with each Stripe Issuing Account. Stripe may change fees or penalties by providing Stripe Issuing Accountholder advance notice before revisions become applicable to Stripe Issuing Accountholder, subject to Law.

  • Processing Fees Developer shall pay all Processing Fees for Ministerial Permits and Approvals in the amount in effect when such Ministerial Permit and Approvals are sought.

  • Tuition Fees The Employer agrees to pay tuition fees for continuing education courses as follows: a) Employer initiated – 100% of course fees upon successful completion of course. b) Employee initiated – 50% of course fees upon successful completion. Courses must be employment-related and approved, in writing, by the Employer in advance.

  • Membership Fees The Employer shall reimburse an employee for the payment of membership or registration fees to an organization or governing body when the payment of such fees is a requirement for the continuation of the performance of the duties of the employee’s position.

  • Collection Fees If collection fees are assessed or attorney’s fees are expended by the University in the process of obtaining unpaid housing charges, the student will be responsible for the payment of those fees in addition to the unpaid housing charges.

  • Account Fees The Company, by resolution of the Board of Directors, including a majority of the Independent Directors, may from time to time authorize the imposition of a fee as a direct charge against shareholder accounts of any class of one or more of the Funds, such fee to be retained by the Company or to be paid to the Investment Manager to defray expenses which would otherwise be paid by the Investment Manager in accordance with the provisions of paragraph 4 of this Agreement. At least sixty days prior written notice of the intent to impose such fee must be given to the shareholders of the affected Fund or Fund class.

  • L/C Fees Borrower shall pay to Agent for the account of each Lender in accordance with its Applicable Percentage an L/C fee (the “L/C Fee”) for each Letter of Credit equal to the Applicable Rate times the daily amount available to be drawn under such Letter of Credit. For purposes of computing the daily amount available to be drawn under any Letter of Credit, the amount of such Letter of Credit shall be determined in accordance with Section 1.06. L/C Fees shall be (A) due and payable on the first Business Day of each of April, July, October and January, in respect of the most recently-ended quarterly period (or portion thereof, in the case of the first payment), commencing with the first such date to occur after the issuance of such Letter of Credit, on the L/C Expiration Date and thereafter on demand and (B) computed on a quarterly basis in arrears. If there is any change in the Applicable Rate during any quarter, the daily amount available to be drawn under each Letter of Credit shall be computed and multiplied by the Applicable Rate separately for each period during such quarter that such Applicable Rate was in effect. Notwithstanding anything to the contrary contained herein, upon the request of the Required Lenders, while any Event of Default exists, all L/C Fees shall accrue at the Default Rate.

  • Support Fees Medical Practice shall be eligible to receive either Basic Support or Premium Support (the “Support Options”) based on the Support Option listed on Schedule “A” to the License Agreement. Medical Practice shall pay Modernizing Medicine the monthly fee specified on Schedule “A” of the License Agreement for either Basic Support (the “Basic Support Fee”) or Premium Support (the “Premium Support Fee” and together with the Basic Support Fee, the “Support Fees”) based on the Support Option that Medical Practice has selected. Medical Practice may elect to change the Support Option it has selected by providing at least ten (10) days prior written notice to Modernizing Medicine of such change, which change shall become effective at the commencement of the next applicable Renewal Term, unless otherwise agreed to in writing by Modernizing Medicine.

  • User Fees You shall pay all fees specified in all Order Forms hereunder. Except as otherwise specified herein or in an Order Form, (i) fees are quoted and payable in United States dollars, (ii) fees are based on services purchased and not actual usage, (iii) payment obligations are non-cancelable and fees paid are non-refundable, and (iv) the number of User Subscriptions purchased cannot be decreased during the relevant subscription term stated on the Order Form. User Subscription fees are based on monthly periods that begin on the subscription start date and each monthly anniversary thereof; therefore, fees for User Subscriptions added in the middle of a monthly period will be charged for that full monthly period and the monthly periods remaining in the subscription term.

  • Wire Fees The Transfer Agent may receive any fees then in effect as disclosed in the Fund’s Prospectus or which may be approved by the Trustees of the Trusts for executing a wire transfer of the proceeds of any wire redemption order placed by a shareholder.

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