Examples of Volume Charge in a sentence
Xxxxx Xxxxx acknowledges, and Xxxxxxxxxx represents and agrees that it shall use the funds generated through both the Volume Charge and the Fixed Charge to fund the cost of treating and delivering Drinking Water as well as maintaining and funding the future replacement of the Physical Facilities and the WTP expansion.
For clarity, Xxxxx Xxxxx would not be liable for the payment of the Volume Charge until the date on which Xxxxx Xxxxx accepts flow of the Drinking Water; provided that, if the Municipality provides appropriate costs substantiation, Xxxxx Xxxxx will be responsible for making the Municipality whole with respect to costs incurred above the Fixed Charge incurred solely as a result of Xxxxx Xxxxx being incapable of accepting the Drinking Water on the Commencement Date.