Specified Charge definition

Specified Charge means a debt payable to the City in the maximum amount of $ , which may be revised in accordance with Section 2.4 herein, plus interest at 5% compunded per annum for each hectare of land to be developed as approved by the City, in accordance with the by-laws of the City, including, but not limited to, the Development Cost Charge By-law and Subdivision and Development By-law;
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Specified Charge means a debt payable to the City in the maximum amount of ($ ) Canadian Dollars for each hectare of land to be developed as approved by the City, in accordance with the by-laws of the City, including, but not limited to, the Development Cost Charge By-law and Subdivision and Development By-law; "Subdivision and Development By-law" means Surrey Subdivision and Development By- law, 1986, No. 8830, enacted by the City under the Act as such By-law is amended or replaced from time to time; and
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Specified Charge means $85,261.88 per Net Developable Hectare for each Benefiting Parcel located within the Benefiting Area, plus interest calculated in accordance with Section 4;
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Examples of Specified Charge in a sentence

  • The DWA Specified Charge will be collected from the developers/owners of the benefiting lands, applicable to each project, at the time of an application for development or connection.

  • Therefore, no change is recommended.2.3 In consideration of the potential increase of numbers of Half Hourly Settlement for customers in Profile Classes 5-8, we‟ve developed a model to enable us to review the SVA Specified Charge monthly.

  • When 0000 – 000 Xxxxxx, land currently owned by the City, develops in the future, the eastern portion of the property will be serviced by separate drainage mains constructed in the future 195 Street, and therefore only the western portion of the property will benefit from the trunk mains and is included in the DWA Specified Charge for Project No. 8619-0219-00-2.

  • However, the NCP- specific DCC reimbursements will leave a funding shortfall between the 10YSP costs and the estimated cost of the works based on detailed designs, the balance of which the Front-Ending Developer is proposing be recovered from the benefiting lands through a DWA Specified Charge.

  • The City acknowledges that the Works are included in the City’s DCC Program and accordingly, the payment of a Specified Charge in respect of a Benefitting Parcel, but not the payment of Interest, will be taken into account for the purposes of a reduction in the DCCs payable in respect of such Benefitting Parcel, all in accordance with Section 933 (8)(b) of the Act, as amended or replaced from time to time.

  • For greater certainty, the Developer acknowledges and agrees it is at the Developer’s risk that insufficient funds may be paid by the Owners of the Benefitting Parcels within the Term of this Agreement, and at the expiry of the Term no further monies are payable to the Developer pursuant to this Agreement other than a Specified Charge and Interest collected by the City prior to the expiration of the Term.

  • With approximately 110,000 HH MSIDs this recovers approximately £0.9m a year; and• The rest of the Suppliers‟ half of SVA costs is allocated using Non Half Hourly MWh metered energy.The SVA Specified Charge was last reviewed in Jan-March 2008 where it was changed from £1.25 to£0.70 (Review of SVA Specified Charge, Panel 135/08).

  • Since these works are necessary to proceed with development, the Front-Ending Developer has offered to front-end the cost of these works, provided that it eventually receives the NCP--specific DCCs and the DWA Specified Charge the City collects from subsequent development within the benefiting areas.

  • The Suppliers‟ 50% is further allocated between HH and NHH Suppliers as follows:• SVA Specified Charge – currently £0.70 per HH MSID per month.

  • Certain components of these works are eligible for Sewer DCC reimbursement by the City; however, the Sewer DCC reimbursement will leave a funding shortfall in relation to the cost of the works which the Front-Ending Developer is proposing be recovered from other benefiting lands through a Sanitary DWA Specified Charge.


More Definitions of Specified Charge

Specified Charge means a debt payable to the City in the maximum amount of
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Specified Charge means a debt payable to the City in the maximum amount of $2,467.04 for each new dwelling unit to be created by subdivision as approved by the City, in accordance with the by laws of the City, including, but not limited to, the Development Cost Charge By law and Subdivision and Development By law. "Subdivision and Development By law" means Surrey Subdivision and Development By law, 1986, No. 8830, enacted by the City under the Act as such By law is amended or replaced from time to time.
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Specified Charge means $18,900 per hectare, being the Actual Capital Cost of the Works
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Specified Charge means $228,301.30 per Net Developable Hectare for each Benefiting Parcel located within the Benefiting Area, plus interest calculated in accordance with Section 5;
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Related to Specified Charge

  • Fixed Charge , in relation to a tenancy, means—

  • Monthly Recurring Charge refers to the sum that the Requesting Licensee shall pay for the service on a monthly basis computed from the beginning of the month as specified in Schedule 15;

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

  • transaction charge means any amount charged to a client by a registered firm in respect of a purchase or sale of a security and includes any federal, provincial or territorial sales taxes paid on that amount;

  • Floating Charge means a charge that, as created, was a floating charge;

  • Fixed Charges means, with respect to any specified Person for any period, the sum, without duplication, of:

  • FIXED CHARGE PER MONTH means the fixed charge per month payable by company which is inclusive of depreciation, parking fee if applicable, all applicable taxes & duties including VAT, insurances, wages and other emoluments of Operator/Driver(s) / Helper(s) /Jugalees and other operation staff/crew excluding GST.

  • Recurring Charges means where you allow a Merchant to bill your Account for a specified or unspecified amount, at regular or irregular intervals for goods or services;

  • Restructuring Charges means all charges and expenses caused by or attributable to any restructuring, severance, relocation, consolidation, closing, integration, business optimization or transition, signing, retention or completion bonus or curtailments or modifications to pension and post-retirement employee benefit plans.

  • Service Charge means the amount charged for making a service available on line and is in addition to the actual fee for a service itself. For example, one who renews a license on line will pay the license renewal fee and a service charge.

  • Carrying Charges or "rental" means all regular charges paid on a periodic basis to a housing corporation by a person or family living in a rental or cooperative housing project, excluding initial down payments.

  • Connection Charge is the sum payable by the Communications Provider in accordance with the Openreach Price List for provisioning of the Service;

  • Market transition charge means a charge imposed pursuant to

  • Prepayment Charge Schedule A data field in the Mortgage Loan Schedule attached hereto as Exhibit A which sets forth the amount or method of calculation of the Prepayment Charge and the term during which such Prepayment Charge is imposed with respect to a Mortgage Loan.

  • Transition bond charge means a charge, expressed as an

  • Transition charge means a nonbypassable rate or charge to be imposed on a customer to pay the customer's share of transition costs.

  • Fixed Charge Ratio means, as of any date of determination, the quotient (expressed as a percentage) of (a) Consolidated EBITDA, divided by (b) Consolidated Fixed Charges.

  • Infrastructure Charge means a Water Infrastructure Charge or a Sewerage Infrastructure Charge;

  • Termination Charge means a charge levied when an unamortized balance remains and the Jurisdiction requests termination of Street Lighting Service. The charge is determined by costs of equipment, installation, removal, disposal, Capital Recovery Period, and Utility Financing Cost minus payments made to date for the specific fixtures.

  • Demand Charge means the charge, expressed in $/103m3/month for Firm Service except Seasonal Service or Daily Seasonal Service, in $/103m3/day for Seasonal Service, as specified in Schedule "A" to Shipper's Firm Transportation Service Agreement, and in $/103m3/day for Daily Seasonal Service, as specified in each Schedule "B-2" to Shipper's Firm Transportation Service Agreement.

  • Facility Charge means one percent (1%) of the Maximum Term Loan Amount.

  • Account Charge means, in relation to each of the Charged Accounts, the first priority fixed charge or pledge over all such accounts given or to be given by the relevant account holder thereof in favor of and in form and substance satisfactory to the Security Trustee.

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

  • Monthly Charge shall have the meaning set forth in Article 5.

  • Fixed Charge Coverage means, for any period, Operating Cash Flow divided by Fixed Charges.

  • Prepayment Charge With respect to any Mortgage Loan, the charges or premiums, if any, due in connection with a full or partial prepayment of such Mortgage Loan during a Prepayment Period in accordance with the terms thereof (other than any Servicer Prepayment Charge Payment Amount).