M&V Fee definition

M&V Fee means an annual fee paid to Contractor by the Political Subdivision for Contractor’s satisfactory performance of the M&V Services, as set forth in Article 13. The M&V Fee is included as a part of the EPC Maximum Contract Price.
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Examples of M&V Fee in a sentence

  • After applying such Average Energy Unit Savings for each subsequent Measurement Period and calculating the resulting EC Savings, if the sum of (i) such calculated EC Savings for any future Measurement Period plus (ii) the Annual M&V Fee for such Measurement Period is greater than the Guaranteed Savings for that Measurement Period, then such excess will be Excess Savings and the Savings Guarantee will have been met for that Measurement Period.

  • AB 2766 - $4 Surcharge on Motor Vehicle Registration Fees ($4 MV Fee).

  • Hence, only funds from the$2 MV Fee that are used on projects that meet the Carl Moyer Program Criteria may count toward the district’s match funding requirement.

  • As previously discussed, statewide the $2 MV Fee could generate up to $55 million annually if local governing boards approve the adjustment.

  • Funds generated by the $4 MV Fee must be used for projects that reduce emissions from motor vehicles and infrastructure when it serves Carl Moyer Program motor vehicle projects [ARB, 1998].

  • Non-Motor Vehicles Motor VehiclesNon-Motor VehiclesAutomobilesLocomotivesTrucksAircraftBusesLawn mowers (non-riding)VansLeaf blowersRoad gradersRefrigeration unitsEarth moversChain sawsTractorsAuxiliary generatorsGolf cartsWelding machinesMotorcyclesPleasure craftSelf-propelled harvestersCranesForkliftsMarine vesselsSweepersStationary agricultural enginesMotorized BicyclesBicycles AB 923 – $2 MV Fee.

  • Hence, all projects funded by the $2 MV Fee will be subject to the same reporting, auditing, and oversight requirements as otherCarl Moyer Program projects.

  • Since the Health and Safety Code requires districts to use the $2 MV Fee on projects in four specified areas, it is necessary for ARB to monitor and document that public funds are being spent as intended by law.

  • The ARB also recommends these districts expend 50 percent or more of their $2 MV Fee funds on projects that are located and/or operate in environmental justice areas.

  • After deciding whether to adopt the additional $2 MV Fee and which category(ies) of projects to use the funds for, districts must report projects funded by the extra $2 MV Fee in the Carl Moyer Program database (includingnon-Carl Moyer Program projects funded with the $2 MV Fee).Other District Funds.

Related to M&V Fee

  • L/C Fee has the meaning specified in Section 2.03(i).

  • Rental Fee A fee charged by the Contractor for the rental of a compactor or roll-off container.

  • Hire Fee the hire fee specified in Item 13.

  • Upfront Fee has the meaning specified in Section 2.07 hereof.

  • L/C Fees has the meaning set forth in Section 3.4(c).

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

  • Commitment Fee has the meaning specified in Section 2.09(a).

  • Ticking Fee has the meaning specified in Section 2.09(a).

  • Target fee, as used in this contract, means the fee initially negotiated on the assumption that this contract would be performed for a cost equal to the estimated cost initially negotiated, adjusted in accordance with paragraph (d) of this clause.

  • Incentive Fee shall have the meaning set forth in the Prospectus.

  • Program Fee is defined in the Fee Letter.

  • Facility Fee has the meaning specified in Section 2.09(a).

  • Distribution Fee means a percentage of MRP of each of the Subscribed Channels payable by SDSPL to the Licensee towards fee for distribution of each of the Subscribed Channels as more specifically specified in Annexure B and Annexure B-1 of this Agreement.

  • Utilization Fee shall have the meaning assigned to such term in Section 2.06(b).

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

  • Expense Fee As to each Mortgage Loan and any Distribution Date, the product of the Expense Fee Rate and its Stated Principal Balance as of that Distribution Date.

  • Funding Fee has the meaning set forth in Section 2.04(b).

  • Initial Fee means any applicable one-off initial or installation fee, as may be stated in an Order;

  • Permit Fee means a fee in an amount established by the SFMTA Board, required to be paid by a permit applicant for permit issuance or renewal, including any late payment penalties or interest for failure to pay in accordance with the requirements of this Article and any other regulations adopted by the SFMTA Board.

  • Annualized Interest Expense means, for the four consecutive quarters ending on each Reporting Date, the Operating Partnership’s Pro Rata Share of interest expense, with other adjustments as are necessary to exclude the effect of items classified as extraordinary items, in accordance with generally accepted accounting principles, reduced by amortization of debt issuance costs and adjusted to reflect the assumption that (i) any interest expense related to indebtedness incurred since the first day of such four-quarter period is computed as if such indebtedness had been incurred as of the beginning of such period, and (ii) any interest expense related to indebtedness that was repaid or retired since the first day of such four-quarter period is computed as if such indebtedness had been repaid or retired as of the beginning of such period (except that, in making such computation, the amount of interest expense related to indebtedness under any revolving credit facility shall be computed based upon the average daily balance of such indebtedness during such four-quarter period).

  • Monthly Fee means the total consideration, including but not limited to, equipment or locker rental,

  • Prepayment Fee is, with respect to any Term Loan subject to prepayment prior to the Maturity Date, whether by mandatory or voluntary prepayment, acceleration or otherwise, an additional fee payable to the Lenders in amount equal to:

  • Non-Usage Fee The meaning set forth in the Fee Letter.

  • Maintenance Fee The Maintenance Fee (see Contract Schedule I) will be deducted during the Accumulation Period from the Current Value on each anniversary of the date the Account is established and upon surrender of the entire Account.

  • Liquidation Fee Rate With respect to each Specially Serviced Mortgage Loan or REO Property as to which a Liquidation Fee is payable, 1.0%.

  • Exit Fee shall have the meaning specified in the Fee Letter.