Fixed Storage Charge definition

Fixed Storage Charge means the Capacity-linked charge payable by the Authority to the Concessionaire under the Agreement as per mechanism specified in Clause 15.1;
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Fixed Storage Charge shall have the meaning set forth in Clause 25.1.4 and more specifically in Schedule E
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Examples of Fixed Storage Charge in a sentence

  • The applicable Fixed Storage Charge for the subsequent Accounting Year shall be determined by decreasing the Base unit rate of Fixed Storage Charge for the immediately preceding Accounting Year by 2% (two per cent) thereof.

  • In the event that the Reliability in a quarter exceeds 1 (one) Forced Closure in the Silo Complex, the Concessionaire shall pay to the Authority Damages equal to 2.5% (two point five per cent) of the Fixed Storage Charge payable for the storage Capacity of the Silo Complex in accordance with the provisions of Clause 15.1 and 15.2 for each such Forced Closure in excess of 1 (one).

  • The Fixed Storage Charge, in Rupees per ton per year, to be quoted by the successful bidder will not be indexed till COD and will be applicable for the first financial year of operation (Base unit rate of Fixed Storage Charge).

  • For the avoidance of doubt, the Fixed Storage Charge for the second and third Accounting Year shall be a sum equal to 98% (ninety eight per cent) and 96.04% (ninety six point zero four per cent) respectively of the amount quoted by the successful bidder.

  • For the avoidance of doubt, the Parties agree that the evacuation of a Silo shall cause disruption in the operations of the Authority and consequently, the Concessionaire shall be liable to pay Damages equal to 25% (twenty five per cent) of the Fixed Storage Charge payable for a period of 1 (one) month following the re-commissioning of such Silo.

  • For the avoidance of doubt and by way of illustration, the Parties agree that if the pro rata Fixed Storage Charge for 1% (one per cent) of Normative Availability is Rs. x, the Damages payable for reduction of 1% (one per cent) in Actual Availability below the level of Normative Availability shall be Rs. 0.5x, which shall be in addition to the pro rata reduction of Rs. x in the Fixed Storage Charge payable for the relevant month.

  • Year Fixed Storage Charge in Rs per MT per Month 2012-13 57.50 2013-14 62.45 2015-16 67.02 2016-17 67.70 2017-18 71.09 2018-19 74.64 2019-20 78.37 Note: Fixed Storage Charge till Financial Year 2016-17 has been calculated based on the actual variation in Price Index, however from Financial Year 2017-18 onwards, the Fixed Storage Charge has been estimated based on Average Price index of @5% annually.

  • The illustration for calculation of Fixed storage charge is provided in Schedule E For the avoidance of doubt and by way of illustration, the Fixed Storage Charge for the Accounting Year commencing from April 1, 2019 shall be calculated by taking into account the total variation in the price index from the based index year duly factoring the annual escalation over the years as per price Index and the same shall be as per following table for that Accounting Year.

  • For the avoidance of doubt, the Parties agree that the base Fixed Storage Charge mentioned in Clause 25.1.4 has been fixed with reference to Accounting Year in which COD occurs.

  • Shortfall in Availability below Normative Availability levels (as per Section 11.9.2) In the event that Actual Availability at any time is less than the Normative Availability, the Fixed Storage Charge payable for the relevant month shall be proportionately reduced and in addition, such reduction shall be multiplied by a factor of 0.5 (zero point five) for determination of Damages.

Related to Fixed Storage Charge

  • Service Charge means the amount charged for making a service available on line and is in addition to the actual fee for a service itself. For example, one who renews a license on line will pay the license renewal fee and a service charge.

  • Usage Charges means the Charges for the Service or applicable part of the Service that are calculated by multiplying the volume of units that the Customer used or incurred in a period (e.g. number of users using the Service, or the number of minutes the Service was used for) with the relevant fee that is specified in the Online Order.

  • Room charge means the charge imposed for the use or occupancy of a room, excluding charges for food, beverages, state use tax, telephone service, or like services paid in connection with the charge, and excluding reimbursement of the assessment imposed by this act.

  • Minimum Charge means the higher of the rate minimum and the rate applied to the Contracted Minimum Demand;

  • Service Volume means a measure of Services for which a Performance Target is set.

  • 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 authority on obligations.

  • Monthly Charge shall have the meaning set forth in Article 5.

  • Annual Debt Service Charge as of any date means the amount which is expensed in any 12-month period for interest on Debt of the Company and its Subsidiaries.

  • Premium surcharge means a payment required from a subscriber, in addition to the subscriber's medical premium contribution, due to an enrollee's tobacco use or an enrolled subscriber's spouse or state registered domestic partner choosing not to enroll in their employer- based group medical when:

  • Total Service Charges means all charges, after application of all discounts and credits, incurred by Customer for Services provided under this Agreement, excluding Taxes, Governmental Charges, equipment, Company ILEC, Company Wireless, Document Delivery Fax, non-recurring, goods and services acquired by Company as Customer’s agent, international access that is passed-through (Type 3/PTT) or provided by Company (Type 1), charges for security services provided by a Cybertrust Security Service Provider listed in the Guide, and other charges expressly excluded by this Agreement.

  • Service Charges means the fees levied by the municipality in terms of its tariff policy for any municipal services rendered in respect of an immovable property and includes any penalties, interest or surcharges levied or imposed in terms of this policy.

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

  • Energy Charge means a charge for each kilowatt-hour (kWh) of electrical energy;

  • Flight Hour means each hour or part thereof elapsing from the moment at which the wheels of the Aircraft (or other aircraft in the case of Parts or Engines temporarily installed on such other aircraft) leave the ground on the take-off of the Aircraft (or such other aircraft) until the wheels of the Aircraft (or such other aircraft) touch the ground on the landing of the Aircraft (or such other aircraft) following such take-off.

  • Grade point average or "GPA" means the grade point average earned by an eligible student and reported by the high school or participating institution in which the student was enrolled based on a scale of 4.0 or its equivalent if the high school or participating institution that the student attends does not use the 4.0 grade scale;

  • Fixed Costs means costs which do not vary with consumption or volume produced;

  • Access Charge has the meaning set out in Clause 6.1;

  • User charge means a charge imposed on airlines for the provision of airport, air navigation, or aviation security facilities or services including related services and facilities.

  • Monthly Charges means a finance carrying charge of one and one-half of one percent (1.5%) and a storage and handling charge of one-half of one percent (0.5%), in each case of the Cost of the Inventory and/or Special Inventory and/or of the fees for the Product affected by the reschedule or cancellation (as applicable) per month until such Inventory and/or Special Inventory and/or Product is returned to the vendor, used to manufacture Product or is otherwise purchased by Customer.

  • Debt Service Charges means for any Measurement Period, the sum of (a) Consolidated Interest Charges paid or required to be paid for such Measurement Period, plus (b) principal payments made or required to be made on account of Indebtedness (excluding the Obligations and any Synthetic Lease Obligations but including, without limitation, Capital Lease Obligations) for such Measurement Period, in each case determined on a Consolidated basis in accordance with GAAP.

  • Infrastructure Charge means a Water Infrastructure Charge or a Sewerage Infrastructure Charge;

  • Electricity Charges means service charges in respect of the provision of electricity.

  • SLDC Charges means the charges levied by the SLDC of the state wherein the Solar Power Project is located.

  • Annual Service Charge as of any date means the amount which is expensed in any 12-month period for interest on Debt of the Issuer and its Subsidiaries.

  • LTM Fee Revenue has the meaning set forth in Section 7.2.2(c).

  • Disposable earnings means that part of the earnings of an