Concession Recovery Fee definition

Concession Recovery Fee means the fee described in Section 6.06 of Article 6 of this Agreement.
Concession Recovery Fee means any surcharge or any amount that Operator separately states and charges its customers to recover the amount of Operator’s Percentage Fee that is payable under this Agreement. Operator acknowledges that its payment to County under this Agreement is for Operator’s use of facilities and grant of concession rights at the Airport, and that those payments do not reflect a fee that is imposed by County upon customers renting automobiles from Operator. “Concession Recovery Fees” means the Concession Fee charged to the Operator by the County which is eligible to be charged back to the customer.
Concession Recovery Fee means a separate statement of and charge for the Percentage Fee on Airport Customer invoices or rental agreements, which is not required, but will not be prohibited by County provided that such Concession Recovery Fee meets all of the following conditions: (a) such Concession Recovery Fee is permitted by Applicable Laws, including, without limitation, the requirements of the United States Federal Trade Commission, as in effect from time to time, as well as any commitment to or contractual obligation by Concessionaire with the Attorney General of the State or any group of State Attorneys General; (b) such Concession Recovery Fee shall be titled "Concession Recovery Fee," "Concession Recoupment Fee," or such other name as approved in advance by County in writing; (c) such Concession Recovery Fee must be shown on the Airport Customer rental car agreement and invoiced with other charges (i.e., "above the tax line"); (d) such Concession Recovery Fee does not exceed eleven and 11/100 percent (11.11%) of Gross Revenues from such transaction (for clarity, the Concession Recovery Fee is included in Gross Revenues, including for purposes of this calculation); and (e) Concessionaire shall neither identify, treat, or refer to the Concession Recovery Fee as a tax or levy, nor state or imply that County is requiring the pass-through or collection of such Concession Recovery Fee.

Examples of Concession Recovery Fee in a sentence

  • All taxes, fees (including but not limited to Air Conditioning Excise Recovery Fee, Concession Recovery Fee, Vehicle License Recovery Fee, Energy Recovery Fee, Tire Management Fee, and Frequent Travel Program Fee) and surcharges (including but not limited to Customer Facility Charge and Environmental Fee Recovery Charge) are extra.

  • The Concession Recovery Fee (CONC REC) which is Owner’s charge to recover the concession fees paid by Owner to an airport’s owner or operator in connection with this rental The Vehicle License Fee Recovery (VLF REC) which is Owner’s charge to recover the estimated average daily cost per vehicle of the charges imposed by governmental authorities upon Owner or its affiliates to title, register a plate all vehicles in its rental fleet registered in Vermont.

  • All taxes, fees (including but not limited to Air Conditioning Excise Recovery Fee, Concession Recovery Fee, Vehicle License Recovery Fee, Energy Recovery Fee,Tire Management Fee, and Frequent Travel Program Fee) and surcharges (including but not limited to Customer Facility Charge and Environmental Fee Recovery Charge) are extra.

  • All taxes, fees (including but not limited to Air Conditioning Excise Recovery Fee, Concession Recovery Fee, Vehicle Licence Recovery Fee, Energy Recovery Fee, Tire Management Fee, and Frequent Travel Program Fee) and surcharges (including but not limited to Customer Facility Charge and Environmental Fee Recovery Charge) are extra.

  • If CONCESSIONAIRE elects to recover from or charge to its customers a Concession Recovery Fee, then that charge shall not be stated as a tax, and shall be clearly and separately stated in writing and not immediately adjacent to taxes on the customer's rental agreement and invoice.

  • All taxes, fees (including but not limited to Air Conditioning Excise Recovery Fee, Concession Recovery Fee, Vehicle Licence Recovery Fee, Energy Recovery Fee, Tire Management Fee, and Frequent Travel Program Fee)and surcharges (including but not limited to Customer Facility Charge and Environmental Fee Recovery Charge) are extra.

  • Such charge shall be no greater than 11.11% of the Gross Revenues resulting from that rental agreement and shall be described as two components as follows: Concession Fee 10% and Concession Recovery Fee 1.11% or abbreviations thereof indicating both fees at 11.11% (e.g. Conc&RecovFees 11.11%).

  • All other fees must be included in the rate: i.e.: Airport Concession Recovery Fee, Energy Recovery Fee, or any other fees or surcharges, if applicable.

  • Said Concession Recovery Fee shall also be included within Commissionable Gross Receipts subject to the Percentage Fee under this Agreement.

  • Also applies to any additional items not included in the rate which are payable directly to Avis at time of rental.Premium Location Surcharge (PLS) / Concession Recovery Fee (CRF): Included in Rate.


More Definitions of Concession Recovery Fee

Concession Recovery Fee means a separate statement of and charge for the Concession Fee on customer invoices or rental agreements, which is not required but will not be prohibited by the State, provided that such Concession Recovery Fee meets all of the following conditions: (a) such Concession Recovery Fee is permitted by the laws of the State and all other applicable laws, including, without limitation, the requirements of the United States Federal Trade Commission, as in effect from time to time, as well as any commitment to or contractual obligation by RAC with the Attorney General of the State or any group of State Attorneys General; (b) such Concession Recovery Fee shall be titled “Concession Recovery Fee”, “Concession Recoupment Fee”, or such other name as is first approved by the State in writing;

Related to Concession Recovery Fee

  • Bond Service Charges means principal, including mandatory sinking fund requirements for retirement of obligations, and interest, and redemption premium, if any, required to be paid by the state on obligations.

  • Access Charges means the sum payable under the Access Agreement and/or this RAO agreed by the Operators to be paid by the Access Seeker to the Access Provider for providing the Access Service, the indicative Access Charges are as per Appendix C hereof which rate is exclusive of GST which shall be payable also by the Access Seeker.

  • interchange fee means a fee paid between the payment service providers of the payer and of the payee for each direct debit transaction;

  • Utility Charges means water, sewer, electricity, gas and other utility charges, if any, applicable to the Real Property or the Leased Real Property;

  • Basic Rent means Basic Rent as defined in Paragraph 6.

  • Maintenance and Operations Revenue or “M&O Revenue” means (i) those revenues which the District receives from the levy of its annual ad valorem maintenance and operations tax pursuant to Section 45.002 of the TEXAS EDUCATION CODE, or other lawful authority, and Article VII § 3 of the TEXAS CONSTITUTION, plus (ii) all State revenues to which the District is or may be entitled under the applicable provisions of the TEXAS EDUCATION CODE or any other statutory provision as well as any amendment or successor statute to these provisions, as applicable, less

  • License Fee means the amount payable by the licensee to DMRC as per rates offered by the Selected Bidder for utilization of licensed space and accepted by DMRC to be paid by the Licensee along with other charges and any kind of Central or State Taxes, local levies, statutory dues, etc. that may be payable by the licensee as per prevalent law.

  • Gross Rent means the rent for a set-aside unit, including any applicable utility allowances, in compliance with the rent limits applicable to the property for 2020. Gross rent does include optional fees included in the household’s lease, including but not limited to, washer/dryer, cable, parking, etc., as long as they are included in the lease or addendums to the lease. In addition, when a utility that is purchased from or through a local utility company by the Development, who in turn bills residents for actual consumption of the utility will also be eligible when the applicable utility allowance for the Development includes a deduction for the utility and the household’s lease specifies that the resident is responsible for the utility.

  • Debt Service Charges means for any Measurement Period, the sum of (a) Consolidated Interest Charges required to be paid for such Measurement Period, plus (b) regularly scheduled principal payments required to be made on account of Indebtedness (excluding the Obligations and any Synthetic Lease Obligations and Capital Lease Obligations) for such Measurement Period, in each case determined on a Consolidated basis in accordance with GAAP.

  • Base Rent As defined in Section 3.1.

  • Contract Charges means charges that accrue during a given month as defined in Article III. “Contract Term” is defined in Article IV.

  • Development Charges or “DC” shall mean the amount charged by the Company from the Applicant(s) towards carrying out the developmental works inside or around the Project, including but not limited to the payment of the following: