Reserve Charges definition

Reserve Charges means an amount to be established by estimating the cost of rehabilitation, restoration, reclamation and remediation which will have to be spent after Commercial Production has terminated and charging a portion of that cost monthly to the Royalty Account over a reasonable period of time from commencement of Commercial Production;
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Reserve Charges. Reserve Charges means an amount to be established by estimating the cost of
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Reserve Charges means, in respect of any Eligible Property, an amount to be established by estimating the cost of mine closure that will have to be incurred after Commercial Operations in respect of such Eligible Property have terminated and charging a portion of that cost on a monthly basis to the Royalty Account in a reasonable manner, provided however, that any monies which have been set aside for the satisfaction of mine closure costs prior to the establishment of the Royalty Account shall be deducted;
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Examples of Reserve Charges in a sentence

  • Developer agrees to pay City’s Facility Reserve Charges (“FRC”) as set or modified by the City Council from time to time.

  • Price  Charges for service in any one billing day shall be the sum of the Energy Charge, Demand Charge, OSS Charge and Operating Reserve Charges, determined for each individual Point of Service: Transmission  Total charges from the AESO for each Point of Delivery applicable to sites on this rate will be flowed through to such sites.

  • Customer shall pay rental fees in accordance with the Maintenance Reserve Charges Rate in effect from time-to-time in the Aircraft Lease Agreement entered into by Customer and Mesa.

  • Reserve Charges are in addition to, and not in lieu of, Upcharges and other fees and charges described in Section 3.

  • All Reserve Charges will be calculated each * after the last morning billing has been run and before the first afternoon billing has been run, and shall be billed to and paid by A&P in accordance with Section 3.

  • Xxxxxxxxx agrees to pay City’s Facility Reserve Charges (“FRC”) as set or modified by the City Council from time to time.

  • Reserve Charges shall be paid on each interest payment date in accordance with a bank certificate submitted to the Company, as provided in 1.6.4 hereof.

  • The City is also implementing an annual water main/service/valve replacement program; FY 2007/2008 is funded at $500,000 from Facility Reserve Charges and RDA/water bonds, but funding has not yet been allocated for subsequent years.

  • The question raised by PJM’s first study was not whether UTCs affect Balancing Operating Reserve Charges, but the degree to which UTCs have an impact on Balancing Operating Reserves.

  • The External Node associated with an External Transaction sale that is, in accordance with Market Rule 1 Section III.1.10.7(h), a Capacity Export Through Import Constrained Zone Transaction or an FCA Cleared Export Transaction shall be considered to be within the Load Zone from which the External Transaction is exporting for the purpose of calculating Real-Time Reserve Charges.

Related to Reserve Charges

  • SLDC Charges means the charges levied by the SLDC of the state wherein the Solar Power Project is located;

  • Bank Charges means the charges levied by the Merchant Acquiring Bank for Transactions and Refunds. “Bank System” means the banking system operated by any approved bank, financial institution or other body.

  • Track Charges means the charges payable by or on behalf of the Train Operator to Network Rail, as set out in paragraph 1 of Part 2 of Schedule 7 or under the Traction Electricity Rules;

  • Maintenance Charges means the charges payable by the applicant to the Maintenance Agency in accordance with the demand raised by the Maintenance Agency for the maintenance and up keep of the said building/ said complex, including common areas and facilities but does not include; (a) the charges for actual consumption of utilities in the Dwelling Unit including but not limited to electricity, water, which shall be charged based on actual consumption on monthly basis and (b) any statutory payments, taxes, with regard to the Dwelling Unit/ said building/said complex.

  • Monthly Charges means a finance carrying charge of one and one-half of one percent (1.5%) and a storage and handling charge of one-half of one percent (0.5%), in each case of the Cost of the Inventory and/or Special Inventory and/or of the fees for the Product affected by the reschedule or cancellation (as applicable) per month until such Inventory and/or Special Inventory and/or Product is returned to the vendor, used to manufacture Product or is otherwise purchased by Customer.

  • Usage Charges means the Charges for the Service or applicable part of the Service that are calculated by multiplying the volume of units that the Customer used or incurred in a period (e.g. number of users using the Service, or the number of minutes the Service was used for) with the relevant fee that is specified in the Online Order.

  • Electricity Charges means service charges in respect of the provision of electricity.

  • Utility Charges means water, sewer, electricity, gas and other utility charges, if any, applicable to the Real Property or the Leased Real Property;

  • Service Charges means the fees levied by the municipality in terms of its tariff policy for any municipal services rendered in respect of an immovable property and includes any penalties, interest or surcharges levied or imposed in terms of this policy.

  • Debt Service Charges means for any Measurement Period, the sum of (a) Consolidated Interest Charges paid or required to be paid for such Measurement Period, plus (b) principal payments made or required to be made on account of Indebtedness (excluding the Obligations and any Synthetic Lease Obligations but including, without limitation, Capital Lease Obligations) for such Measurement Period, in each case determined on a Consolidated basis in accordance with GAAP.

  • Water Charges means service charges in respect of the provision of water.

  • Contract Charges means charges that accrue during a given month as defined in Article III. “Contract Term” is defined in Article IV.

  • collection charges means the charges which the Municipality is entitled to recover in terms of section 75A(1) of the Systems Act, and includes the administrative cost –

  • Imbalance Charges means any fees, penalties, costs or charges (in cash or in kind) assessed by a Transporter for failure to satisfy the Transporter's balance and/or nomination requirements.

  • Bond Service Charges means, for any period or payable at any time, the principal of, premium, if any, and interest on the Bonds for that period or payable at that time whether due at maturity or upon redemption, Mandatory Tender or acceleration.

  • Rent and Charges Reserve means the aggregate of (a) all past due rent and other amounts owing by a Loan Party to any landlord, warehouseman, processor, repairman, mechanic, shipper, freight forwarder, broker or other Person who possesses any Collateral or could assert a Lien on any Collateral; and (b) a reserve equal to three months rent and other charges that could be payable to any such Person, unless it has executed a Collateral Access Agreement.

  • Non-Cash Charges has the meaning specified in the definition of the term “Consolidated EBITDA”.

  • Hire Charges means the rates and charges payable by You for the hire of the Equipment.

  • Rental Charges means the charges payable for renting the Vehicle from Us together with GST and any other taxes or levies which are all fully set out in the Rental Agreement.

  • Finance Charges means, with respect to a Contract, any finance, interest, late payment charges or similar charges owing by an Obligor pursuant to such Contract.

  • Net Finance Charges means, for the Reference Period, the Finance Charges according to the latest Financial Report(s), after deducting any interest payable for that Reference Period to any member of the Group and any interest income relating to cash or cash equivalent investment.

  • Total Service Charges means all charges, after application of all discounts and credits, for Services excluding Taxes, Governmental Charges, equipment, Company ILEC, Company Wireless, Document Delivery Fax, non-recurring, goods and services acquired by Company as Customer’s agent, international pass-through access (Type 3/PTT) and charges for international access or provided by Company (Type 1), charges for security services provided by Cybertrust, Inc. or its affiliates set forth in the Guide as providers of Cybertrust security services and other charges expressly excluded by this Agreement.

  • Delivery charges means charges by the seller of personal property or services for preparation and delivery to a location designated by the purchaser of personal property or services including, but not limited to, transportation, shipping, postage, handling, crating and packing. Delivery charges shall not include charges for delivery of direct mail if the charges are separately stated on an invoice or similar billing document given to the purchaser.

  • Unpaid Charges means any charges billed to the Non-Paying Party that the Non-Paying Party did not render full payment to the Billing Party by the Bill Due Date, including where funds were not accessible.

  • Collection Costs means an amount that the Municipality can charge with regard to the enforcement of a consumer’s monetary obligations;

  • User Charges means a charge made to airlines by a service provider for the provision of airport, airport environmental, air navigation and aviation security facilities and services.