Examples of Excess Tonnage in a sentence
If any one or more of the Access Holders (including the User) Ship Excess Tonnage in a Financial Year, DBCT Management must pay the User (and other Access Holders) the Year End Adjustment in accordance with clause 5.1(e).
If any one or more of the Access Holders (including the User) Ship Excess Tonnage in a Financial Year, DBCT Management must pay the User (and other Access Holders) the Year End Adjustment in accordance with clause 5.1(f).
The Excess Tonnage Fee shall be paid by the Jurisdictions within sixty (60) days following the Jurisdictions’ receipt of an invoice from the Company certifying the aggregate number of Tons of Acceptable Waste delivered by or on behalf of the Jurisdictions during the Contract Year and properly calculating such Excess Tonnage Fee.
If the User is entitled to Ship Reference Tonnage and Non-Reference Tonnage, the additional Coal Handled under this clause 11.2 will be Handled as Excess Tonnage.
Tax invoices may only be rendered by DBCT Management as follows: monthly in arrears for the Monthly Payment, and monthly instalments of HCF, HCV and charges for Miscellaneous Services; and in arrears at any time after the departure of a vessel loaded with Excess Tonnage, in respect of any prepayment relating to that Excess Tonnage and required pursuant to clause 4.4(b); and annually in arrears in respect of any part of the Excess Charge not prepaid under clause 5.1(c)(ii).
If required by DBCT Management, the User must pay to DBCT Management (in addition to the Monthly Payment) an amount equal to the TIC, for each tonne of Excess Tonnage Handled by DBCT Management during a relevant Financial Year, as a prepayment against the Excess Charge payable annually in arrears pursuant to clause 4.4(a).
DBCT Management to pay Year End Adjustment If any one or more of the Access Holders (including the User) Ship Excess Tonnage in a Financial Year, DBCT Management must pay the User (and other Access Holders) the Year End Adjustment in accordance with clause 5.1(e).
User to Pay Excess Charge Subject to clause 4.4(b) the User must pay to DBCT Management the Excess Charge applied to Excess Tonnage (if any) Handled by DBCT Management during the Financial Year annually in arrears in accordance with clause 5.1(b).
Increment If the Reference Tonnage Handled by all Access Holders plus the Excess Tonnage Shipped by all Access Holders in a Financial Year exceeds the Aggregate Reference Tonnage ("Over-shipment"), DBCT Management will initially hold (or be entitled to hold - if it is has not actually been paid the relevant amount) a portion of the revenue attributable to the Over-shipment of up to and including 2% of the Revenue Cap (the "Provisional Increment") calculated in accordance with Sub¬Section 4 (b) below.
Tax invoices may only be rendered by DBCT Management as follows: monthly in arrears for the Monthly Payment, and monthly instalments of HCF, HCV and charges for Miscellaneous Services; and in arrears at any time after the departure of a vessel loaded with Excess Tonnage, in respect of any prepayment relating to that Excess Tonnage and required pursuant to clause 4.5(b); and annually in arrears in respect of any part of the Excess Charge not prepaid under clause 5.1(c)(ii).