Electric Power Charge definition
Examples of Electric Power Charge in a sentence
The Annual License Payment, Annual Above Ground Space Charge, Annual Below Ground Space Charge and the Annual Electric Power Charge applicable to the second and following City Fiscal Years of each Location Specific Supplement shall be due and payable on or before July 1st of each City Fiscal Year.
For each Small Cell Site which uses the electricity powering the City utility pole or street light standard on which it is located, Licensee shall pay to City the Annual Electric Power Charge provided for in Section 3.4.4 of this License.
Except as provided in Section 3.4.3 above, the Annual License Payment, Annual Above Ground Space Charge, Annual Below Ground Space Charge and the Annual Electric Power Charge shall increase by four percent (4%) on July 1st of each year following the Effective Date of this License.
The Annual License Payment, Annual Above Ground Space Charge, Annual Below Ground Space Charge and the Annual Electric Power Charge may be collectively referred to as the “Small Cell Charges” in this License.
The Annual License Payment, Annual Above Ground Space Charge, Annual Below Ground Space Charge and the Annual Electric Power Charge applicable to the first City Fiscal Year of each Location Specific Supplement, which amounts shall be prorated for the number of months remaining in such City Fiscal Year (partial months shall equal a full month), shall be due and payable on or before the Location Specific Supplement Commencement Date.