Unit Charge definition
Examples of Unit Charge in a sentence
The Unit Charge will include an additional fee equal to 25% of the First Cost specified in paragraph (a) above (whether Option A or B is selected) to cover operations and maintenance and other contingencies.
If the Unit Charge proves insufficient to cover JMUC’s obligations under the Federal Contract, a special assessment may be added to the Unit Charge as necessary to cover those costs.
User will pay a percentage of the Unit Charge for each acre-foot of Uncontracted Storage Space determined by dividing User’s Storage Space by the total number of acre-feet of Contracted Storage Space.
The Unit Charge will include the amount necessary to amortize the “First Cost” for User’s storage under the Federal Contract.
If at any time JMUC’s Storage Space is reduced due to sedimentation as provided in Article 1.e of the Federal Storage Contract, User’s Storage Space shall be reduced, and the Unit Charge described in Article 3 increased, proportionally.