Metered Parking Fee definition

Metered Parking Fee means the fee established by the City, and revised from time to time, as consideration for the privilege of parking a motor vehicle.
Sample 1Sample 2Sample 3
Metered Parking Fee means the fee charged by Parking Company on Metro’s behalf and as Metro’s agent as consideration for the privilege of parking a motor vehicle or otherwise making use of Metered Parking Spaces.
Sample 1

Examples of Metered Parking Fee in a sentence

  • Any Concession Metered Parking Space or Reserve Metered Parking Space with a Metered Parking Fee of at least $1.50 per hour must have a payment option at the point of sale other than the cash payment of the Metered Parking Fee.

  • The Initial Revenue Value of each Concession Metered Parking Space shall be determined by the City based upon and after taking into account with respect to such Concession Metered Parking Space, the Metered Parking Fee, the Period of Operation, the Period of Stay, the Utilization Rate of such Concession Metered Parking Space and the Rate to Fine Multiple Factor determined in accordance with Section 7.8(e).

  • If a Parking Tax is imposed with respect to Concession Metered Parking Spaces, then the Revenue Value of each such Concession Metered Parking Space shall be promptly reduced to reflect that the Metered Parking Fee expected to be derived by the Concessionaire from such Concession Metered Parking Space will be net of the Parking Tax.

  • For the purposes of calculating Revenue Value, the Utilization Rate of a Concession Metered Parking Space will be adjusted (i) pursuant to Section 7.8(f); or (ii) when the City exercises its Reserved Powers and such action impacts the Utilization Rate provided, however that no adjustment of the Utilization Rate will take place under this clause (ii) on account of a revision in the Metered Parking Fee for a Concession Metered Parking Space that is a Regular Rate Adjustment.

  • The City shall assign a Revenue Value to each such additional Concession Metered Parking Space taking into account the then current Metered Parking Fee, Period of Operation, Period of Stay, Rate to Fine Multiple Factor and Expected Utilization Rate, pursuant to the methodology set forth in Schedule 6.

  • Specifically, the lease agreement requires that any space “with a Metered Parking Fee of at least $1.50 per hour must have a payment option at the point of sale other than the cash payment.”37 The Concessionaire must “provide such payment option … no later than 180 days after the first Day that the Metered Parking Fee for such Metered Parking Space is at least $1.50 per hour.”38 The City projected that the cost of this upgrade was $50 million over the first two years of the lease.39 B.

  • Parking Company will not charge a Metered Parking Fee for any Metered Parking Space in excess of the Maximum Metered Parking Fee for any measurable increment.

  • Subject to Section 7.9(i), the City shall set, and notify the Concessionaire of, an Expected Utilization Rate for a Concession Metered Parking Space whenever: (i) there is a change in the Metered Parking Fee (other than a Regular Rate Adjustment) or the Period of Operation or the Period of Stay; (ii) a new Concession Metered Parking Space is designated pursuant to Section 7.8; or (iii) the City adjusts the Utilization Rate for such space as provided in Section 7.9(f).

  • In addition to lower prices, the eGallon provides another benefit: compared to the price of gasoline, electricity prices are relatively stable.

  • If a Parking Tax is imposed with respect to Concession Metered Parking Spaces that are On Street Parking Spaces, then the Revenue Value of each such Concession Metered Parking Space shall be promptly reduced to reflect that the Metered Parking Fee expected to be derived by the Concessionaire from such Concession Metered Parking Space will be net of the Parking Tax.

Related to Metered Parking Fee

  • Additional Rent means all sums of money, other than Base Rent, that shall become due from and payable by Tenant pursuant to this Lease.

  • Base Rent As defined in Section 3.1.

  • parking bay means any area of a parking place which is provided for the leaving of a vehicle and indicated by markings on the surface of the parking place;

  • 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.