Daily Service Fee definition

Daily Service Fee has the meaning given Clause 10.3(b); “Day” has the meaning given in the Network Code; “Default” has the meaning given in Clause 13.1;
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Daily Service Fee has the meaning given in Clause 11.3(b);
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Daily Service Fee shall be calculated as 𝐷𝑎𝑖𝑙𝑦 𝑆𝑒𝑟𝑣𝑖𝑐𝑒 𝐹𝑒𝑒 = 𝑆𝐴𝐹𝐷 × ��𝐷 where: SAF = the Service Availability Factor on a Day, as determined in accordance with Clause 8; P = an amount equal to the Annual Service Fee divided by the number of Days in the Service Year; and D = the relevant Day for calculation of the Daily Service Fee.
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Examples of Daily Service Fee in a sentence

  • In addition, on the Commencement Date the Company shall also pay AIBIFS an amount equal to the Daily Service Fee multiplied by the number of days from, and including, the Commencement Date up to, but excluding, the First Payment Date.

  • The Adjusted Treatment Charge and the Adjusted Service Fee are also adjustable on the same bases with that of the Daily Treatment Charge and the Daily Service Fee respectively.

  • As of the Effective Date of this Agreement, the total accrued liability of Service Provider to the Service User arising out of or relating to the performance of this Agreement shall not exceed the sum for a total of ninety (90) days of the then applicable Daily Service Fee.

  • In such case, ​ ​ ​ the Daily Service Fee, or any such other payment, shall be grossed up to reflect the Taxes so that Contractor shall receive the same Daily Service Fee as if no Taxes had been deducted or withheld or Contractor had not been required to make such payments.

  • In addition, on the Commencement Date the Company shall also pay AIBIFS an amount equal to the Daily Service Fee multiplied by the number of days from, and including, the Commencement Date to, but excluding, the First Payment Date.

  • During any period of Deemed Performance, operation of the Vessel, to the extent required, will be undertaken by the Contractor pursuant to the OSA and Charterer shall (in addition to making payment of Hire to Owner under this Charter) ensure that Customer pays the Daily Service Fee to Contractor pursuant to the OSA.

  • In the event that such Change in Law Required Actions or Implementation Requirement occurs after the Acceptance Date, the Daily Service Fee shall not be payable for any delay caused thereby, including the duration required to carry out any such Implementation Requirements, and fuel consumed including Boil-Off, and the cost of cargo system warm-up, gas freeing, inerting and thereafter returning the Vessel to the ready-to-load condition, shall be for Contractor’s account.

  • Subject to Customer's rights pursuant to Clause 20.3 and without limitation to any rights or obligations arising under the Charter Agreement, in circumstances where the Vessel is Off-Hire pursuant to Clause 10.1, the non-payment of the Daily Service Fee shall be the sole and exclusive remedy of Customer against Contractor in respect of any of the events or circumstances described in Clause 10.1.

  • The amount of the Monthly Service Fee payable by Customer for any calendar month shall be equal to the sum of the Daily Service Fee multiplied by the number of days in the relevant month on which the Daily Service Fee was payable.


More Definitions of Daily Service Fee

Daily Service Fee shall be calculated as 𝐷𝑎𝑖𝑙𝑦 𝑆𝑒𝑟𝑣𝑖𝑐𝑒 𝐹𝑒𝑒 = 𝑆𝐴𝐹𝐷 × ��𝐷 where: SAF = the Service Availability Factor on a Day, as determined in accordance with Clause 8; P = (i) in the Summer Period, an amount equal to: (A) the Annual Service Fee divided by the number of Days in the Summer Period; multiplied by (B) twenty per cent (20%); (ii) in the Winter Period, an amount equal to: (A) the Annual Service Fee divided by the number of Days in the Winter Period; multiplied by (B) eighty per cent (80%); and D = the relevant Day for calculation of the Daily Service Fee.
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Daily Service Fee has the meaning given to it in the OSA.
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Daily Service Fee is defined in Clause 8.1(b).
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Daily Service Fee shall be calculated as = × SA = the Service Availability Factor on a Day, as determined in accordance with Clause 8; P = (i) in the Summer Period, an amount equal to: (A) the Annual Service Fee divided by the number of Days in the Summer Period; multiplied by (B) twenty per cent (20%); (ii) in the Winter Period, an amount equal to (A) the Annual Service Fee divided by the number of Days in the Winter Period; multiplied by (B) eighty per cent (80%); and
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Related to Daily Service Fee

  • Monthly Service Fee means a monthly charge to a member for continuing care and not as rent, or a daily prorated portion thereof.

  • Service Fee means a fee charged by us to you for the administration of your credit facility.

  • Service Fees means all fees payable by Party B to Party A pursuant to Article 3 of this Agreement in respect of the Services provided by Party A.

  • Daily SOFR means the rate per annum equal to SOFR determined for any day pursuant to the definition thereof plus the SOFR Adjustment. Any change in Daily SOFR shall be effective from and including the date of such change without further notice. If the rate as so determined would be less than zero, such rate shall be deemed to be zero for purposes of this Agreement.

  • Maximum Weekly Starts means the maximum number of times that a generating unit can be started in one week, defined as the 168 hour period starting Monday 0001 hour, under normal operating conditions.

  • Monthly Volume means the product of the Committed Volume multiplied by the number of days in the relevant month.

  • Base Fee means the amount of compensation mutually agreed upon for the completion of Basic Services.

  • Processing Fee means in relation to a Transaction Summary delivered:

  • referral fee means any form of compensation, direct or indirect, paid for the referral of a client to or from a registrant.