Annual Usage Fee Sample Clauses

Annual Usage Fee. MCSD shall have the use of Trojan Field, Track and Practice facilities for an annual payment as per the following schedule: FY21 (July 1, 2020 – June 30, 2021) $5,500 Upon signage of this agreement FY22 (July 1, 2021 – June 30, 2022) $6,500 On or before Sept. 30, 2021 FY23 (July 1, 2022 – June 30, 2023) $7,500 On or before Sept. 30, 2022 a) No additional fees will be charged for field preparation, paint, or other general operating costs of the field. DSU will be responsible for field maintenance to include mowing, irrigation, aeration, over seeding, weed control, etc. b) Cleaning after MCSD events will be the responsibility of MCSD. This includes bleachers, press box, grounds, and garbage removal from premises. c) MCSD is responsible for any event damages and must leave facilities in the same condition as prior to use. An hourly Custodial Fee will be assessed for cleanup if necessary. d) During MCSD hosted events security staffing is the responsibility of MCSD. e) MCSD will be responsible for all event preparation/set up. f) All other maintenance/repairs to Trojan Field or Track will be reviewed and approved as per section 6.
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Annual Usage Fee. The Per Residential Parcel option allows Customer to perform unlimited residential evaluations within the applicable boundary area. This fee is calculated by multiplying the number of residential parcels (4,555) within the boundary area by the price per parcel. Changes to the boundary area may result in changes to the Annual Usage Fee. 6 Pricing on Optional Items. The following items are charged only if the service is used.
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Annual Usage Fee. In consideration of Grantor’s responsibilities under this Agreement, subject to the adjustments described in Section 2.01, Section 5.02, and Exhibit B, Grantee shall pay to Grantor an Annual Usage Fee as outlined in Exhibit B, commencing with the Effective Date and continuing thereafter for each Grantor fiscal year (July 1 through June 30) until the expiration of the Term of this Agreement. Except as otherwise explicitly provided, the Annual Usage Fee covers ▇▇▇▇▇▇▇’s right to use the Designated Conduit as described herein.
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Annual Usage Fee. The Town acknowledges and agrees that the rights to use the Airstrip Norfam has granted to the Town under this Agreement expose Norfam to legal liabilities that far exceed the scope of the legal liabilities to which Norfam would be exposed if it had not entered into this Agreement. Therefore, in exchange for the rights granted under this Agreement, the Town shall pay to Norfam an annual usage fee equaling the actual cost to Norfam of the annual premium for comprehensive general liability insurance, with policy terms satisfactory to Norfam in its sole discretion, against claims for property damage, bodily injury, or death arising out of the use of the Airstrip by any person or entity, with limits of not less than U.S. $ 20,000,000.00 per occurrence and in the aggregate, said limits to be adjusted upwards every 5 years based on increases in the consumer price index for the geographical area including Portland, Maine. Norfam shall provide the Town written evidence of the amount of said premium no later than 60 days prior to the commencement of the policy year to which said premium is attributable, along with evidence of when said premium is due and payable. The Town shall tender to Norfam a certified check for the full amount of said premium no later than 30 days prior to the date on which said premium is due and payable. Failure by the Town timely to pay said premium shall result in the immediate suspension of any and all of the Town’s rights under this Agreement without further notice to the Town or need of further action by Norfam and thereafter neither the Town nor its residents nor visitors shall make any use of the Airstrip whatsoever until said breach is cured.
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Annual Usage Fee. MCSD shall have the use of DSU’s Football Field and Outdoor Track Facilities for an annual payment as per the schedule in Attachment A. Payment will be made to the DSU Foundation. a) No additional fees will be charged for field preparation, paint, or other general operating costs of the field. DSU will be responsible for field maintenance to include mowing, irrigation, aeration, over seeding and weed control on grass fields. Turf fields, track surface and field event areas will also be maintained by DSU with no additional fees to MCSD for maintenance. b) Cleaning after MCSD events will be the responsibility of MCSD. This includes bleachers, press box, and grounds, with garbage to be placed in designated area onsite. c) MCSD is responsible for any event damages and must leave facilities in the same condition as prior to use. An hourly Custodial Fee will be assessed for cleanup if necessary. d) During MCSD hosted events security staffing is the responsibility of MCSD. e) MCSD will be responsible for all MCSD event preparation/set up only. MCSD will have all needed keys/fobs necessary to access the facilities or DSU will staff will be available to provide access as needed.
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Related to Annual Usage Fee

  • Non-Usage Fee The Borrower shall pay, in accordance with Section 2.04, pro rata to each Lender (either directly or through the applicable Lender Agent), a non-usage fee (the “Non-Usage Fee”) payable in arrears for each Remittance Period, equal to the sum of the products for each day during such Remittance Period of (i) one divided by 360, (ii) the applicable Non-Usage Fee Rate (as defined below) and (iii) the aggregate Commitments minus the Advances Outstanding on such day (such amount, the “Unused Portion”). The Non-Usage Fee Rate (the “Non-Usage Fee Rate”) shall be, from and after the Ninth Amendment Closing Date, (x) 0.50% on any Unused Portion up to or equal to an amount equal to 25% of the Maximum Facility Amount and (y) 2.00% on any Unused Portion in excess of such amount equal to 25% of the Maximum Facility Amount.

  • Usage Fee For all days on which the Aggregate Outstanding Credit Exposure exceeds 50% of the Aggregate Commitment, the Parent agrees to pay to the Administrative Agent for the account of each Lender according to its Pro Rata Share a usage fee at a per annum rate equal to the Applicable Fee Rate on the amount of the Aggregate Outstanding Credit Exposure from the date hereof to and including the Facility Termination Date, payable on each Payment Date hereafter, on each respective Commitment Maturity Date, and on the Facility Termination Date.

  • Annual Percentage Rate Each Receivable has an APR of not more than 25.00%.

  • Unused Line Fee On the first day of each month during the term of this Agreement, an unused line fee in an amount equal to 0.375% per annum times the result of (i) the Maximum Revolver Amount, less (ii) the sum of (A) the average Daily Balance of Advances that were outstanding during the immediately preceding month, plus (B) the average Daily Balance of the Letter of Credit Usage during the immediately preceding month,

  • Unused Fee The Borrower shall pay to the Administrative Agent for the account of each Lender in accordance with its Applicable Percentage, an unused fee equal to the Unused Rate times the actual daily amount by which the Aggregate Commitments exceed the sum of (i) the Outstanding Amount of Loans and (ii) the Outstanding Amount of L/C Obligations, subject to adjustment as provided in Section 2.17. For the avoidance of doubt, the Outstanding Amount of Swing Line Loans shall not be counted towards or considered usage of the Aggregate Commitments for purposes of determining the unused fee. The unused fee shall accrue at all times during the Availability Period, including at any time during which one or more of the conditions in Article IV is not met, and shall be due and payable quarterly in arrears on the last Business Day of each March, June, September and December, commencing with the first such date to occur after the Closing Date, and on the last day of the Availability Period. The unused fee shall be calculated quarterly in arrears, and if there is any change in the Unused Rate during any quarter, the actual daily amount shall be computed and multiplied by the Unused Rate separately for each period during such quarter that such Unused Rate was in effect.