Examples of Operating Fee in a sentence
Under the new simplified fee structure, the Manager will combine the Registration Fee and the Other Operational Charges into a new fixed fee called the Aggregate Operating Fee (AOF).
As compensation to Operator for performance of the Services hereunder, Owner shall pay Operator the Annual Operating Fee (or a pro rata portion thereof in the case of a Contract Year of less than 12 months).
The Lessee must pay an operating fee as described below: (1) Initial Operating Fee Payment.The Lessee must pay an initial prorated operating fee within 45 calendar days after the COD.
The initial operating fee payment covers the first year of Commercial Operations on the lease and will be calculated in accordance with the following subsection (4), using an operating fee rate of 0.02 and a capacity factor of 0.4. (2) Annual Operating Fee Payments.
The Aggregate Operating Fee will, in the first instance, be applied against any income in the relevant Fund.