Examples of Utilisation Fee in a sentence
In any quarter in which a Utilisation is outstanding, the Utilisation Fee shall be payable quarterly in arrears on each Fee Payment Date.
The airport operations right is initially recognised at cost, being the fair value of Utilisation Fee liability at the date of transfer of control of the ISGIA to ISG and the fair value of other consideration transferred to acquire the asset, which is the fair value of the consideration receivable for the construction services delivered.
The Utilisation Fee liability represents the present value of amounts payable to the Administration in accordance with the Implementation Agreement for the operation of the ISGIA for 20 years plus 22 months of extension period.
The Provider agrees that each invoice issued or accepted by it will include details of, as regards the Flexibility Services to which the invoice relates: the date on and time at which the Flexibility Services were provided; the relevant Availability Fee details (if any); and the relevant Utilisation Fee details (if any).
In the event the passenger service fees decreases below the amounts set in the Implementation Agreement, 50% of the difference shall be deducted from the Utilisation Fee.