Common use of Sums Due upon Expiration of this Agreement Clause in Contracts

Sums Due upon Expiration of this Agreement. Subject to the terms of this Agreement, including Section 5.1 and Section 5.2, any amounts due to CRRA from the Municipality upon the expiration or earlier termination of this Agreement shall be paid by the Municipality on or before sixty (60) days after the date on which any invoice containing such amount is presented to the Municipality. Such amounts may include the Municipality’s Municipal Share of all costs (including any costs of borrowing) incurred by CRRA as a result of the payment by the Municipality or any other Participating Municipality of less than the full amount owed pursuant to this Agreement or any other Municipal Solid Waste Management Services Agreement. The Parties agree that this Section 5.3 is intended to permit CRRA to fulfill the purpose contained in Section 22a-262(a)(2) of the General Statutes, as the same may be amended, supplemented or superseded from time to time, to provide Solid Waste management services, and to produce from its provision of such services, revenues sufficient to provide for the support of CRRA and its operations on a self-sustaining basis. The provisions of this Section 5.3 shall survive the expiration or earlier termination of this Agreement.

Sums Due upon Expiration of this Agreement. Subject to the terms of this Agreement, including Section 5.1 and Section 5.2, any amounts due to CRRA MIRA from the Municipality upon the expiration or earlier termination of this Agreement shall be paid by the Municipality on or before sixty (60) days after the date on which any invoice containing such amount is presented to the Municipality. Such amounts may include the Municipality’s Municipal Share of all costs (including any costs of borrowing) incurred by CRRA MIRA as a result of the payment by the Municipality or any other Participating Municipality of less than the full amount owed pursuant to this Agreement or any other Municipal Solid Waste Management Services Agreement. The Parties agree that this Section 5.3 is intended to permit CRRA MIRA to fulfill the purpose contained in Section 22a-262(a)(2) of the General Statutes, as the same may be amended, supplemented or superseded from time to time, to provide Solid Waste management services, and to produce from its provision of such services, revenues sufficient to provide for the support of CRRA MIRA and its operations on a self-sustaining basis. The provisions of this Section 5.3 shall survive the expiration or earlier termination of this Agreement.