Smoothing of Airline Rents, Fees, and Charges using Passenger Facility Charges Sample Clauses

Smoothing of Airline Rents, Fees, and Charges using Passenger Facility Charges. Subject to Section 19.3, Authority and Airline agree to set aside thirty million dollars ($30,000,000) annually in previously FAA-approved Passenger Facility Charges for the three (3) full Fiscal Years prior to the DBO of new Terminal facilities to be constructed in the ADP. These accumulated Passenger Facility Charges shall be used, in accordance with FAA’s previous approval, to pay Debt Service in the Terminal Area in the three (3) full Fiscal Years starting with the DBO of new Terminal facilities to be constructed in the ADP. Airline acknowledges that this section governs only the timing of deploying PFCs and that Airline shall have no right whatsoever to determine which Capital Projects Authority shall fund with Passenger Facility Charges or any other rights with respect to Authority’s use of PFCs. Authority shall consult with the Signatory Airlines on an annual basis regarding the use of Passenger Facility Charges, and Authority may adjust the schedule in its sole discretion. Cost Centers. To allocate the O&M Expenses, Annual Net Debt Service, Amortization Charges, Reserve Deposits, and Major Maintenance Fund Deposits, the following Cost Centers shall be utilized by Authority:
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Related to Smoothing of Airline Rents, Fees, and Charges using Passenger Facility Charges

  • Service Fees and Charges Service fees and charges for participation in IDX shall be as established annually by the Board of Directors. (Amended 5/05)

  • FEES AND SERVICE CHARGES You agree to pay Us any applicable fees or charges, and are responsible for any minimum balance requirements and deposit requirements called for in Our Agreements and Disclosures provided to You when You opened Your Account. In any case and with proper notice to You, fees, charges, balance requirements and deposit requirements may be changed by Us from time to time.

  • Utility Charges Tenant shall pay or cause to be paid all charges for electricity, power, gas, oil, water and other utilities used in connection with the Leased Property.

  • Electricity Charges The licensee herein shall pay the electricity bills directly for energy consumed on the licensed premises and should submit original receipts to Licensor indicating that the electricity bills are paid.

  • Processing Costs In addition to the Purchase Price, Buyer shall pay Processing Costs in the amount of $900.00, to be paid to Seller in cash or other readily available funds at closing. The Processing Costs are owed in addition to the Purchase Price and shall not be considered part of the Purchase Price.

  • Payment of Fees and Charges 3.1 The Participant shall pay to the Service Provider the fees and charges as long as this Agreement continues in force.

  • Installation Charges (a) We will charge you installation Charges as stated (or indicated by) in your Contract.

  • Paying Electricity Charges pay for electricity and other utilities consumed in or relating to the Said Flat And Appurtenances.

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

  • CONTRACT LIMIT, FEES AND EXPENSES changing the not-to-exceed amount of the Contract from ONE MILLION SEVEN HUNDRED NINTY THOUSAND DOLLARS AND ZERO CENTS ($1,790,000.00) to TWO MILLION ONE HUNDRED THOUSAND DOLLARS AND ZERO CENTS ($2,100,000.00), as approved by the Executive Director on October 22, 2021.

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