Examples of Charter Customers in a sentence
Three intergovernmental agreements with Charter Customers were made during 2003-2007.
Except for revisions and adjustments otherwise expressly provided for by the terms of this Contract, this Contract may not be changed or modified unless the consent of the Authority and of three-fourths of the Charter Customers shall have been obtained.
Excess Fixed Costs Revenues to be refunded shall be refunded to Charter Customers in proportion to a Charter Customer’s Annual Water Usage for the previous Fiscal Year divided by the Annual Water Usage of all Charter Customers combined in the previous Fiscal Year.
The amount of the adjustment charge or rebate for each specific Charter Customer shall be determined as follows: STEP ONE: Calculate the price per 1000 gallons for Fixed Costs in accordance with the methodology set forth in subsection 6.3.1 using the Annual Water Usage of all Charter Customers combined in the previous Fiscal Year divided by 1000.
If after the Authority applies Fixed Costs revenues in accordance with subsection 6.3.7, total funds accumulated in the Authority’s segregated maintenance, repair and replacement fund exceeds $1,500,000, the Authority may, after first receiving the affirmative recommendation of the Executive Committee, determine by at least a two-thirds affirmative vote under Section 7.1 to refund some or all of the excess Fixed Costs Revenues to Charter Customers.
In no case, however, shall the Subsequent Contract with the Village of Hobart provide rates, charges or terms lower or more favorable to the Village of Hobart than those provided in this Contract for Charter Customers.
In order to make payments on these Bonds before the Authority begins to provide Potable Water to AuthorityCharter Customers, this Contract obligates Charter Customers to pay Fixed Costs beginning no later than January 1, 2005.
Except to the extent hereinafter provided, no Party shall assign or transfer this Contract or any rights or interests herein without the written consent of three-fourths of the Charter Customers and the Authority.
The Water Authority shall apply the Development Charges received from Charter Customers to reduce the Authority’s Fixed Costs in whatever manner the Authority deems appropriate.
The purpose of any reduction is to reflect the fact that without a reduction the Authority may otherwise over collect for Fixed Costs because Subsequent Customers pay more than the rate for Fixed Costs in accordance with Section 12.4. In no event, however, shall the Authority reduce the shares of Charter Customers by an amount which exceeds the amount that is available due to a higher rate being paid by a Subsequent Customer.