Capital Recovery Fee definition

Capital Recovery Fee means a fee which is charged by the Lessor when the Lessor initially provides a lease for a newly created site and which is intended for past or future capital projects in relation to 40 Mile Park or any part thereof.
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Capital Recovery Fee means and refers to an impact fee for water or wastewater facilities as defined in the Act.
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Capital Recovery Fee has the meaning given to that term in Section 3.06(a).
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Examples of Capital Recovery Fee in a sentence

  • The Capital Recovery Charge shall be calculated as the product of the Capital Recovery Fee and the Associated Energy for the Billing Period.

  • The initial Capital Recovery Fee was established in 2008 at $2,594 per Single Family Equivalent Unit, with an increase of 3.75% on April 1 and October 1 of each year.

  • If restoration of service is not requested, this fee will accumulate monthly until the total balance of Reserved Service Fees equals the amount of the Capital Recovery Fee previously paid for service to the property.

  • Through MTSS, teachers identify specific skills for students and complete interventions with them to help improve that particular skill.

  • If Fort Worth receives federal stimulus funding to fund any or all of the construction of the Reclaimed Water System, Fort Worth intends for the contract rate to include a Capital Recovery Fee amount that is based on the debt service avoided, and reserved for future capital expenditures on the Reclaimed Water System.

  • The Capital Recovery Fee shall be paid at the District’s then current Capital Recovery Fee rate multiplied by the number of years outstanding on the District’s 2016 Bonds.

  • The District shall record a memorandum against the Property releasing the 18 lots from the District’s Capital Recovery Fee.

  • If such differences are not resolved within 30 days following the Partnership Entities’ delivery to the HollyFrontier Entities of the Capital Recovery Fee calculation, the HollyFrontier Entities and the Partnership Entities shall submit any and all matters which remain in dispute to arbitration in accordance with Section 12(e).

  • Further, when Fort Worth incurs debt to fund System capital costs, the Capital Recovery Fee in paragraph 3 above will no longer be included as a component of the cost-of-service contract rates.

  • The Capital Recovery Fee shall remain in effect until the Partnership Entities have received aggregate Capital Recovery Fees and tariffs in respect of the Turkey Track Expansion (net of operating costs) equal to $3,157,014 (the “Turkey Track Capital Recovery”), which represents the total capital costs for the Turkey Track Expansion to the Partnership Entities.


More Definitions of Capital Recovery Fee

Capital Recovery Fee has the meaning set forth in Attachment G.
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Capital Recovery Fee. MEANS A FEE PAID IN ADDITION TO THE REGULAR WATER RATES FOR ANY PROPERTY GRANTED A REDUCED CONNECTION FEE AND ALLOCATION WHEN THE WATER USAGE EXCEEDS THE AGREED UPON ALLOCATION.(2)City manager means the city manager of the city; the term "city manager" shall also include such person's designee.(3)Commercial user means any lot or parcel which contains a building or structure that does not fall within any of the residential user classes as defined in this subsection (e).(4)Irrigation user means any lot or parcel served by a tap on the water system used for the sole purpose of providing water to operate and maintain a permanent, underground, and automatically-controlled artificial watering system, which system is designed to transport and distribute water to plant materials on said lot or parcel. A residential, commercial, or mixed-use user may also be an irrigation user for purposes of this section.(5)Mixed-use user means any lot or parcel which contains a building that includes both residential and commercial uses and where customers receive master-metered water service. A MIXED USE USER WILL BE CONSIDERED A COMMERCIAL USER FOR PURPOSES OF CALCULATING AND BILLING RATES AND FEES.(6)Multi-family user means any lot or parcel which contains a building with three or more separate independent dwelling units for permanent occupancy arranged in a stacked configuration where residential customers receive master-metered water service. The term "multi-family user" shall also include any master-metered manufactured housing.(7)Non-native area(s) means those areas identified as non-native in the landscaping plan for the property.(8)Residential user means any single-family-detached, single-family attached, or multi- family user.(9)Service connection means the connection of a service line to a city water main which, upon application to and approval by the water director and payment of the appropriateservice connection fee, results in water service to the lot or parcel and for the particular user class identified in the application.(10) Service connection fee means a one-time charge assessed to an applicant TO CONNECT INTO the city's water system, INCLUDING BUT NOT LIMITED TO TRANSMISSION AND DISTRIBUTION LINES, TREATMENT FACILITIES, AND SOURCE OF SUPPLY, to permit water service to the lot or parcel and for the particular user class identified in the application.(11) Single-family attached user means any lot or parcel which contains two or more dwelling units attached in a ...
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Related to Capital Recovery Fee

  • Financing Costs Adjustment Date means each of the following days:

  • Liquidation Fee With respect to each Specially Serviced Loan as to which the Special Servicer receives a full or discounted pay-off (or unscheduled partial payment to the extent such prepayment is required by the Special Servicer as a condition to a workout or results from the Special Servicer’s collection and enforcement efforts) from the related Mortgagor, except as otherwise described below, with respect to any Mortgage Loan (or Serviced Whole Loan) repurchased or substituted as contemplated by Section 2.03 of this Agreement and/or any Specially Serviced Loan or any REO Property as to which the Special Servicer receives Liquidation Proceeds, Insurance Proceeds or Condemnation Proceeds, an amount calculated by the application of the applicable Liquidation Fee Rate to the related payment or proceeds (exclusive of any portion of such pay-off or proceeds that represents Penalty Charges); provided that, except as contemplated by the following provisos, no Liquidation Fee will be less than $25,000; provided, further, that the Liquidation Fee (which, if payable, shall, prior to the reduction in accordance with this proviso, be at least $25,000) with respect to any related Specially Serviced Loan or REO Property shall be reduced by the amount of any Excess Modification Fees paid by or on behalf of the related Mortgagor with respect to the Specially Serviced Loan or REO Property as described in the definition of “Excess Modification Fees” in this Agreement, but only to the extent those fees have not previously been deducted from a Workout Fee or Liquidation Fee; provided, further, that (a) the Liquidation Fee shall be zero with respect to any Mortgage Loan or Serviced Whole Loan or any Mortgaged Property purchased or repurchased pursuant to clauses (iii) through (v) of the first sentence of the definition of Liquidation Event (unless with respect to (A) clause (iii), the applicable Mortgage Loan Seller does not repurchase or substitute for such Mortgage Loan until after more than 180 days following its receipt of notice or discovery of a Material Breach or Material Document Defect, and (B) clause (v), the mezzanine loan holder or the Subordinate Companion Loan Holder does not purchase such Mortgage Loan or Serviced Whole Loan within 90 days of when the first purchase option first becomes exercisable under the related intercreditor agreement or Co-Lender Agreement, as applicable) or pursuant to clauses (ii) or (iv) of the second sentence of such definition (unless with respect to clause (iv), the mezzanine loan holder does not purchase such REO Property within 90 days of when the first purchase option first becomes exercisable) and (b) the Liquidation Fee with respect to each Mortgage Loan or REO Mortgage Loan repurchased or substituted for after more than 180 days following the Mortgage Loan Seller’s receipt of notice or discovery of a Material Breach or Material Document Defect shall be in an amount equal to the Liquidation Fee Rate of the outstanding principal balance of such Mortgage Loan or REO Mortgage Loan; provided, further, that if a Mortgage Loan or Serviced Whole Loan becomes a Specially Serviced Loan only because of an event described in clause (a)(ii) of the definition of “Specially Serviced Loan” regarding the related Mortgagor’s failure to make a Balloon Payment and the related Liquidation Proceeds are received within 90 days following the related maturity date in connection with the full and final pay-off of the related Mortgage Loan or Serviced Whole Loan, the Special Servicer will not be entitled to collect a Liquidation Fee, but may collect and retain appropriate fees from the related Mortgagor in connection with such liquidation.

  • Monthly Servicing Fee shall have the meaning specified in subsection 3.01.

  • Final Recovery Determination With respect to any defaulted Mortgage Loan or any REO Property (other than a Mortgage Loan or REO Property purchased by the Responsible Party as contemplated by this Agreement), a determination made by the Servicer that all Insurance Proceeds, Condemnation Proceeds, Liquidation Proceeds and other payments or recoveries which the Servicer, in its reasonable good faith judgment, expects to be finally recoverable in respect thereof have been so recovered. The Servicer shall maintain records, prepared by a Servicing Officer, of each Final Recovery Determination made thereby.

  • Servicing Advance Reimbursement Amounts As defined in Section 3.22.

  • Master Servicing Fee As to any Distribution Date, an amount equal to one-twelfth the product of (a) the Master Servicing Fee Rate and (b) the outstanding principal balance of each Mortgage Loan. Master Servicing Fee Rate: 0.00% per annum.

  • Master Servicer Prepayment Charge Payment Amount The amounts payable by the Master Servicer pursuant to Section 2.03(b) in respect of any waived (or, with respect to subsequent changes of law, any unenforceable) Prepayment Charges.

  • Loan Fee shall have the meaning assigned in Section 5.1.

  • Total Servicing Fee means the sum of the Basic Servicing Fee and the Supplemental Servicing Fee.

  • S&P Recovery Rate With respect to a Collateral Obligation, the recovery rate set forth in Section 1 of Schedule 4 using the Initial Rating of the most senior Class of Secured Notes Outstanding at the time of determination.

  • Special Servicing Fee shall have the meaning given to such term in the Servicing Agreement.

  • Servicer Prepayment Charge Payment Amount The amounts payable by the Servicer in respect of any waived Prepayment Charges pursuant to Section 2.05 or Section 3.01.

  • Liquidation Fees shall have the meaning assigned to such term in the Servicing Agreement or such other analogous term used in the Servicing Agreement.

  • Net Finance Charges means, for the Reference Period, the Finance Charges according to the latest Financial Report(s), after deducting any interest payable for that Reference Period to any member of the Group and any interest income relating to cash or cash equivalent investment.

  • Class A Servicing Fee shall have the meaning specified in Section 3.01.

  • Available Finance Charge Collections means, for any Monthly Period, an amount equal to the sum of (a) the Investor Finance Charge Collections for such Monthly Period, (b) the Series 2012-1 Excess Finance Charge Collections for such Monthly Period, (c) Principal Accumulation Investment Proceeds, if any, with respect to the related Transfer Date, (d) interest and earnings on funds on deposit in the Reserve Account which will be deposited into the Finance Charge Account on the related Payment Date to be treated as Available Finance Charge Collections pursuant to Section 4.10(a), and (e) amounts, if any, to be withdrawn from the Reserve Account which will be deposited into the Finance Charge Account on the related Transfer Date to be treated as Available Finance Charge Collections pursuant to Section 4.10(c).

  • Base Servicing Fee means the fee payable to the Servicer on each Distribution Date for services rendered during the related Collection Period, which shall be equal to one-twelfth of the Servicing Rate multiplied by the Pool Balance as of the close of business on the last day of the immediately preceding Collection Period or, with respect to the first Distribution Date, the Original Pool Balance.

  • Class B Servicing Fee shall have the meaning specified in Section 3.01.

  • CREFC® Advance Recovery Report A monthly report substantially in the form of, and containing the information called for in, the downloadable form of the “Advance Recovery Report” available as of the Closing Date on the CREFC® Website, or such other form for the presentation of such information and containing such additional information as may from time to time be approved by the CREFC® for commercial mortgage securities transactions generally.

  • Collateral Servicing Fee shall have the meaning set forth in Section 3.01.

  • Deferred Sales Charge Payment Date means October 10, 2013 and the tenth day of each month thereafter through February 10, 2014.

  • Management Fee shall have the meaning set forth in Section 10(a).

  • Servicing Fee As to any Distribution Date and each Mortgage Loan, an amount equal to the product of (a) one-twelfth of the Servicing Fee Rate and (b) the outstanding principal balance of such Mortgage Loan as of the first day of the related Collection Period.

  • Consolidated Amortization Expense means, for any period, the amortization expense of Borrower and its Subsidiaries for such period, determined on a consolidated basis in accordance with GAAP.

  • Consolidated Depreciation and Amortization Charges means, for any period, the aggregate of all depreciation and amortization charges for fixed assets, leasehold improvements and general intangibles (specifically including goodwill) of Borrower for such period, as determined on a Consolidated basis and in accordance with GAAP.

  • Funding Fee has the meaning set forth in Section 2.04(b).