PPP Fee definition

PPP Fee the fee payable by the Private Party to SANParks in respect of the Project, as detailed in Clause 19; 2.1.61 “PPP Rights” - the right to design, operate, maintain, and manage the Business as more specifically set out in Clause 5; 2.
Sample 1Sample 2Sample 3
PPP Fee the fee payable by the Private Party to SANParks in respect of the Project, as detailed in Clause 15;
Sample 1Sample 2Sample 3
PPP Fee the fee payable by the Private Party to the Institution in respect of the Project, as detailed in clause 17; "the Private Party" - [insert name, registration number and description of the Private Party];
Sample 1Sample 2

Examples of PPP Fee in a sentence

  • The Performance Bond may also be called upon for any delay in the payment of sums due to SANParks in respect of PPP Fee payments.

  • Please note that PPP fee tranches is not allowed unless requested as part of the PPP Fee Offer Format.

  • Please note that PPP fee tranches are not allowed unless requested as part of the PPP Fee Offer Format.

  • The contents of this Envelope shall be the current BEE status of the bidder (verified by a BEE certificate) as well as the PPP Fee Offer in the format in Section 7 – PPP Fee Offer.

  • The contents of this Envelope shall be the current B-BBEE status of the Bidder (verified by a B-BBEE certificate), as well as the PPP Fee Offer in the format in Section 7 – PPP Fee Offer.

  • The Variable PPP Fee shall be paid within 30 Business Days of the end of each Project Year.

  • The Minimum PPP Fee shall be paid monthly in advance [on the [x] Business Day of the month preceding the month in respect of which that Minimum PPP Fee is being paid].

  • The Performance Bond may also be called upon for any delay in the payment of sums due to SANParks in respect of PPP Fee Payments.

  • The contents of this Envelope shall be the current B-BBEE status of the bidder (verified by a B-BBEE certificate), as well as the PPP Fee Offer in the format in Section 7– PPP Fee Offer.

  • SANParks retains the right not to award the Bid in the unlikely event that only one Bid is received and the PPP Fee Offer does not meet SANParks’ minimum requirements.The Minimum PPP Fee for each of the tourism products are as follows: The Minimum PPP Fee above are at May 2022 prices and will be adjusted annually throughout the term of the PPP Agreement according to the movement in the Consumer Price Index.


More Definitions of PPP Fee

PPP Fee the fee payable by the Lessee to SANParks in respect of the Project, as detailed in Clause 15; 1.1.38 “PPP Rights” - the right to conduct and manage the Houseboats at Kraalbaai pursuant to this PPP Agreement for the purposes of the Project; 1.1.39 “Project Insurance” - those insurances that the Lessee is required by Law and this PPP Agreement to purchase and maintain in terms of Clause 16 a copy of which is attached as Annexure 8; 1.1.40 “Project Term” - the period from the Operation Commencement Date to the Expiry Date or the Termination Date, whichever occurs first, which is further described in Clause 3;
Sample 1
PPP Fee the fee payable by the Private Party to SANParks in respect of the Project, as detailed in Clause 19; 2.1.59 “PPP Rights” - the right to design, operate, maintain, and manage the Business as more specifically set out in Clause 5; 2.1.60 “Private Party” - , registration number, a profit private company registered in accordance with the company laws of South Africa; 2.1.61 “Private Party Default” - has the meaning ascribed to it in Clause 27; 2.1.62 “Private Party Parties” - the officers, directors, staff, employees, contractors, sub- contractors, agents, guests, visitors, invitees and patrons of the Private Party or, where the context requires, any one or more of them; 2.1.63 “Project” - shall have the meaning assigned to that term in clause 1.2 above; 2.1.64 “Project Assets” - all assets required to undertake the Project, including the Business Assets and the Capital Investment Assets, any books and records, any spare parts and tools, as well as the Intellectual Property pertaining to the Business, but excluding all cash and cash equivalents;
Sample 1
PPP Fee the fee payable by the Private Party to SANParks in respect of the Project, as detailed in Clause 16; 2.1.46 “PPP Rights” - the right to design, operate, maintain, and manage a Business at the KNP Fleet Workshops pursuant to this PPP Agreement for the purposes of the Project; 2.1.47 “PPP” - public private partnership, as defined in the Treasury Regulations promulgated under the Public Finance Management Act, 1999; 2.1.48 “Private Party Default” - has the meaning ascribed to it in Clause 24; 2.1.49 “Private Party Parties” - the officers, directors, staff, employees, contractors, sub-contractors, agents, guests, visitors, invitees and patrons of the Private Party or, where the context requires, any one or more of them; 2.
Sample 1

Related to PPP Fee

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

  • Hookup fee means a fee for the installation and inspection of any pipe, line,

  • Breakup Fee has the meaning set forth in Section 7.4.

  • 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.

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

  • 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.

  • Tuition Fee means the basic tuition fee applicable to specific programmes and shall include auxiliary fees which are for required instruction but shall exclude any other fees such as international student differential fees, co-op fees, and student union fees.

  • Initiation fee means a fee charged by us to you in order to create a credit facility for you;

  • Closing Fee has the meaning set forth in Section 2.09(c).

  • Annual Fee has the meaning stated in Section 4.02(a).

  • Transaction Fee means the fee, in respect of a Sub-Fund, which may be charged for the benefit of the Trustee, the Registrar and/or the Service Agent or the Conversion Agent (as the case may be) to each Participating Dealer on each Dealing Day upon which an Application has been or Applications have been made by the relevant Participating Dealer.

  • Membership Fee means the membership fee which the Core Member (or, in case of juvenile, through his or her legal parent or legal guardian) shall remit to the Company for enrollment of the Membership, which is to be discussed more particularly in detail under Clause 5.1.

  • Program Fee is defined in the Fee Letter.

  • Structuring Fee has the meaning set forth in the Fee Letter.

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

  • Arrangement Fee has the meaning specified in Section 2.05(a).

  • Break-Up Fee has the meaning set forth in Section 9.2(b).

  • Acquisition Fee means any and all fees and commissions, exclusive of Acquisition Expenses, paid by any Person to any other Person (including any fees or commissions paid by or to any Affiliate of the Company or the Advisor) in connection with making or investing in Mortgages or the purchase, development or construction of a Property, including real estate commissions, selection fees, Development Fees, Construction Fees, nonrecurring management fees, loan fees, points or any other fees of a similar nature. Excluded shall be Development Fees and Construction Fees paid to any Person not affiliated with the Sponsor in connection with the actual development and construction of a project.

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

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

  • Origination Fee means any origination fee payable to the Department by the lender with respect to any Trust Student Loan.

  • Liquidation Fee With respect to each Specially Serviced Loan as to which the Special Servicer receives a full or discounted pay-off (or unscheduled partial payment to the extent such prepayment is required by the Special Servicer as a condition to a workout or results from the Special Servicer’s collection and enforcement efforts) from the related Mortgagor, except as otherwise described below, with respect to any Mortgage Loan (or Serviced Whole Loan) repurchased or substituted as contemplated by Section 2.03 of this Agreement and/or any Specially Serviced Loan or any REO Property as to which the Special Servicer receives Liquidation Proceeds, Insurance Proceeds or Condemnation Proceeds, an amount calculated by the application of the applicable Liquidation Fee Rate to the related payment or proceeds (exclusive of any portion of such pay-off or proceeds that represents Penalty Charges); provided that, except as contemplated by the following provisos, no Liquidation Fee will be less than $25,000; provided, further, that the Liquidation Fee (which, if payable, shall, prior to the reduction in accordance with this proviso, be at least $25,000) with respect to any related Specially Serviced Loan or REO Property shall be reduced by the amount of any Excess Modification Fees paid by or on behalf of the related Mortgagor with respect to the Specially Serviced Loan or REO Property as described in the definition of “Excess Modification Fees” in this Agreement, but only to the extent those fees have not previously been deducted from a Workout Fee or Liquidation Fee; provided, further, that (a) the Liquidation Fee shall be zero with respect to any Mortgage Loan or Serviced Whole Loan or any Mortgaged Property purchased or repurchased pursuant to clauses (iii) through (v) of the first sentence of the definition of Liquidation Event (unless with respect to (A) clause (iii), the applicable Mortgage Loan Seller does not repurchase or substitute for such Mortgage Loan until after more than 180 days following its receipt of notice or discovery of a Material Breach or Material Document Defect, and (B) clause (v), the mezzanine loan holder or the Subordinate Companion Loan Holder does not purchase such Mortgage Loan or Serviced Whole Loan within 90 days of when the first purchase option first becomes exercisable under the related intercreditor agreement or Co-Lender Agreement, as applicable) or pursuant to clauses (ii) or (iv) of the second sentence of such definition (unless with respect to clause (iv), the mezzanine loan holder does not purchase such REO Property within 90 days of when the first purchase option first becomes exercisable) and (b) the Liquidation Fee with respect to each Mortgage Loan or REO Mortgage Loan repurchased or substituted for after more than 180 days following the Mortgage Loan Seller’s receipt of notice or discovery of a Material Breach or Material Document Defect shall be in an amount equal to the Liquidation Fee Rate of the outstanding principal balance of such Mortgage Loan or REO Mortgage Loan; provided, further, that if a Mortgage Loan or Serviced Whole Loan becomes a Specially Serviced Loan only because of an event described in clause (a)(ii) of the definition of “Specially Serviced Loan” regarding the related Mortgagor’s failure to make a Balloon Payment and the related Liquidation Proceeds are received within 90 days following the related maturity date in connection with the full and final pay-off of the related Mortgage Loan or Serviced Whole Loan, the Special Servicer will not be entitled to collect a Liquidation Fee, but may collect and retain appropriate fees from the related Mortgagor in connection with such liquidation.

  • 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.

  • Contract Fee means the price, fee, rent, or royalty payable in a contract under this chapter or

  • Development Fee means a fee for the packaging of a Property, including negotiating and approving plans, and undertaking to assist in obtaining zoning and necessary variances and necessary financing for the Property, either initially or at a later date.

  • Processing Fee means in relation to a Transaction Summary delivered: