Examples of Variable PPP Fee in a sentence
The Variable PPP Fee shall be paid within 30 Business Days of the end of each Project Year.
With effect from the Operation Commencement Date and for the duration of the Project Term, the Private Party shall pay to the Institution the PPP Fee, which will be higher of: the amount of R[insert amount] (indexed to CPIX), which amount shall be called the "Minimum PPP Fee"; and [x]% of the Gross Revenue earned in respect of the relevant Project Year, which amount shall be called the "Variable PPP Fee".
Within 30 Business Days of the delivery of the Private Party's financial statements in terms of clause 12.2 in respect of each Project Year, the Parties shall together reconcile the amount of the Variable PPP Fee already paid with the amount of the Variable PPP Fee that said financial statements show ought to have be paid in respect of the relevant Project Year.
Within 30 Business Days of the delivery of the Private Party's financial statements in terms of clause 14.1 in respect of each Project Year, the Parties shall together reconcile the amount of the Variable PPP Fee already paid with the amount of the Variable PPP Fee that said financial statements show ought to have be paid in respect of the relevant Project Year.
The difference between the Variable PPP Fee thus determined and the aggregate of amounts already paid as Minimum PPP Fee, will be payable within 7 (seven) Business Days following the calculation.
Irrespective of which of these elements determines the final amount payable in any given month, the PPP Fee payment will be the higher of the Minimum PPP Fee or the Variable PPP Fee in each for the Restaurant and Retail facilities listed in Schedule 6 and shall accrue and be payable by the Private Party to SANParks within 7 (seven) Business Days following the end of each month, free of deduction or set-off, to SANParks.
Tribal Policy It shall be the policy of the Curyung Tribe to uphold the validity of marriages whenever possible.
Irrespective of which of these elements determines the final amount payable in any given month, the PPP Fee payment will be the higher of the Minimum PPP Fee or the Variable PPP Fee for the Restaurant Facility and shall accrue and be payable by the Private Party to SANParks within 7 (seven) Business Days following the end of each month, free of deduction or set-off, to SANParks.
Irrespective of which of these elements determines the final amount payable in any given month, the PPP Fee payment will be the higher of the Minimum PPP Fee or the Variable PPP Fee for the Xxxx Braai Product and shall be payable by the Private Party to SANParks within 7 (seven) Business Days following the end of each month, free of deduction or set-off, to SANParks.
Irrespective of which of these elements determines the final amount payable in any given month, the PPP Fee payment will be the higher of the Minimum PPP Fee or the Variable PPP Fee for the Scooter Tours operation and shall be payable by the Private Party to SANParks within 7 (seven) Business Days following the end of each month, free of deduction or set-off, to SANParks.