Relinquishment Fee definition

Relinquishment Fee means the relinquishment fee determined in accordance with clause 12.3.13.3.
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Relinquishment Fee means the amount equivalent to the present value of the payment of the take or pay amount that would have been payable for the remainder of the Term of this Agreement if the Agreement remained on foot but the Operator did not operate the relevant Train Services;
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Relinquishment Fee means for coal carrying Train services, at any point in time that amount that would be payable over the following two (2) year period if the Access Holder were to pay forty per cent (40%) of the Access Charges that would be payable if it operated all of the relevant Train Services it would have been entitled to operate in that period;
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Examples of Relinquishment Fee in a sentence

  • The relinquishment or transfer of any Nominated Access Rights in accordance with this Clause is subject to and conditional on the End User’s payment of the Relinquishment Fee to Aurizon Network.

  • If Queensland Rail or the Access Holder identify an opportunity for Queensland Rail to enter into an Access Agreement with an existing or prospective Access Holder that would result in a lessening of the Relinquishment Fee that would otherwise be payable to Queensland Rail under clause 21.2, Queensland Rail will not unreasonably delay the process for negotiating and executing an Access Agreement with that existing or prospective Access Holder.

  • QR will be relieved of its obligation to provide Access Rights to the Access Holder during the period between the provision of the notice of intention to relinquish and the payment of the Relinquishment Fee.

  • During the period between when the notice of intention is given and the Relinquishment Fee is paid, the terms of the Agreement will continue to apply in respect of the Access Rights which the Operator intends to relinquish.

  • If the Access Holder pays the Relinquishment Fee to Queensland Rail on or before the Relinquishment Date, then the terms of this agreement will cease to apply in respect of the Nominated Access Rights on the Relinquishment Date.

  • During the period between when the Notice of Intention to Relinquish is given and the later of the Relinquishment Date and the date on which the Relinquishment Fee is paid, the terms of the Agreement will continue to apply in respect of the Nominated Access Rights.

  • Upon being so requested, QR Network will calculate the Relinquishment Fee in accordance with clause 1.1 (“Relinquishment Fee”).

  • The relinquishment of any Nominated Access Rights in accordance with this clause 21.2 is subject to and conditional on the Access Holder paying to Queensland Rail the Relinquishment Fee on or before the Relinquishment Date.

  • Upon being so requested, QR Network will calculate the Relinquishment Fee in accordance with Clause 1.1. Subject to Clause 4.2(g), QR Network will notify the End User as soon as reasonably practical of the Relinquishment Fee and how it was calculated.

  • If the Relinquishment Fee is not paid on or prior to the Relinquishment Date, then the Access Holder is taken to have withdrawn the notice given under clause 21.2(a) and Queensland Rail has no further obligations under this clause 21.2 in relation to the relevant relinquishment.


More Definitions of Relinquishment Fee

Relinquishment Fee means an amount calculated in accordance with Clause 7.3.6(k).
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Relinquishment Fee has the meaning given in the Access Undertaking.
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Related to Relinquishment Fee

  • Management Fees means, with respect to each Project for any period, an amount equal to the greater of (i) actual management fees payable with respect thereto and (ii) three percent (3%) per annum on the aggregate base rent and percentage rent due and payable under leases at such Project.

  • 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.

  • Management Fee shall have the meaning set forth in Section 10(a).

  • Upfront Fees means, with respect to any Receivable, the sum of any fees charged by Holdings or the Receivables Account Bank, as the case may be, to a Receivables Obligor in connection with the disbursement of a loan, as set forth in the Receivables Agreement related to such Receivable, which are deducted from the initial amount disbursed to such Receivables Obligor, including the “Origination Fee” set forth on the applicable Receivable Agreement.

  • Booking Fee is the fee an Agency charges for scheduling Sign Language Interpreters.

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

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

  • Late Payment Fee means the excess of the Price Differential paid as a result of its calculation at the Post-Default Rate over the Price Differential as would have been calculated at the Pricing Rate.

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

  • Development Fees means fees imposed to offset capital costs of providing public infrastructure, public safety or other public services to a development and authorized pursuant to A.R.S. Section 9-463.05, A.R.S. Section 11-1102 or A.R.S. Title 48 regardless of the jurisdiction to which the fees are paid.

  • Consent Fees With respect to any Serviced Loan, any and all fees actually paid by a Mortgagor with respect to any consent or approval (or review thereof) required or requested pursuant to the terms of the Loan Documents that does not involve a modification evidenced by a signed writing, assumption, extension, waiver or amendment of the terms of the Loan Documents.

  • Property Management Fee means the fee payable to the Manager for its day-to-day management of the Property pursuant to the Management Agreement.

  • Franchise Fee means a direct or indirect payment to purchase or operate a franchise. Franchise fee does not include any of the following:

  • Commitment Fees has the meaning set forth in Section 2.11(a).

  • Recruitment fees means fees of any type, including charges, costs, assessments, or other financial obligations, that are associated with the recruiting process, regardless of the time, manner, or location of imposition or collection of the fee.

  • Default Fee means with respect to any amount due and payable by Seller in respect of any Aggregate Unpaids, an amount equal to the greater of (i) $1000 and (ii) interest on any such unpaid Aggregate Unpaids at a rate per annum equal to 2% above the Prime Rate.

  • Amendment Fee means any fee offered, paid or payable to any Lender Party by the Borrower or any Affiliate of the Borrower (whether directly or through the Administrative Agent or any other Person) in consideration for any waiver of, or agreement to amend or modify any provision of, any of the Financing Documents.

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

  • Participation Fee means the amount payable by the Participant to the Council for the right to participate in the Hong Kong Pavilion at the Exhibition, as specified in Section I of the Application Form.

  • Gross income means the same as it does for income tax purposes, even if the income is not actually taxable, such as interest on tax-free bonds. Examples include: compensation for services, income from business, gains from property dealings, interest, rents, dividends, pensions, IRA distributions, social security, distributive share of partnership gross income, and alimony, but not child support.

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

  • 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.

  • Renewal Fee means the fee that Borrower must pay Coast upon renewal of this Agreement pursuant to Section 9.1 hereof, in the amount set forth on the Schedule.

  • Sublease Payment means any payment required to be made by the District pursuant to Section 7 of the Sublease.

  • 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.

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