Examples of Realisable Fee in a sentence
For the avoidance of doubt, Realisable Fee for any comparable period shall be calculated with reference to the traffic determined hereunder.
The Premium so offered shall be increased for each subsequent year by an additional 1% (one per cent) of the Total Realisable Fee in accordance with the provisions of Clause 26.2.1 of the draft Concession Agreement.
For the avoidance of doubt, it is agreed that seasonal variations in traffic volume shall be determined by the Independent Engineer on the basis of past trends and other relevant information, and due weightage shall be assigned to such variations in computing the Realisable Fee under this Clause 26.5.2.
Within 7 (seven) days of the close of each month, the Concessionaire shall pay to the Authority against the Concession Fee, a provisional amount calculated on the basis of total Realisable Fee of the immediately preceding month, and final settlement thereof, based on audited accounts of the Concessionaire, shall be made within 120 (one hundred and twenty) days of completion of the respective Accounting Year.
For all subsequent years, the Premium shall be determined on the total Realisable Fee in the respective year at the percentage to be arrived at by increasing the percentage of Premium by an additional 1% (one percent) as compared to the immediately preceding year.
OR (c) The Bid shall comprise a Premium to be paid in terms of a percentage of the Total Realisable Fee, which shall commence from COD, but shall be subject to the maximum permissible Premium specified in the Concession Agreement.
For the avoidance of doubt, and by way of illustration, if the Premium for the 1st year after Project Completion Date is 3.5% (three point five per cent) of the total Realizable Fee in that year, then the premium for the 2nd year shall be equal to 4.5% (four point five per cent) of the total Realisable Fee for that year.
Annual increase thereafter shall be in accordance with the provisions of Clause 30.2.1. $ In case no Grant is sought by the bidder, it may offer a Premium and specify the reference date for computation and commencement of its payment, subject always to a ceiling of 20% (twenty per cent) of the Total Realisable Fee.
For the avoidance of doubt, and by way of illustration, the Premium for the 2nd (second) and 3rd (third) years after commencement of the payment of Premium hereunder shall be equal to 2% (two per cent) and 3% (three per cent) respectively of the total Realisable Fee for the respective years.
For the avoidance of doubt and by way of illustration, the Premium for the {21st (twenty-first) and 22nd (twenty-second)} years shall be equal to {2% (two per cent) and 3% (three per cent)} respectively of the total Realisable Fee for the respective years.