Collection Rates Clause Samples
The Collection Rates clause defines the specific fees or percentages that a party is entitled to collect for services rendered, typically in the context of debt recovery or payment processing. It outlines how these rates are calculated, such as a fixed percentage of amounts recovered or a flat fee per transaction, and may specify different rates for various types of accounts or services. This clause ensures transparency and predictability in financial arrangements, helping both parties understand the costs involved and preventing disputes over compensation.
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Collection Rates. As of the effective date of this Agreement, the CONTRACTOR shall provide Collection Service for each type of service according to the Collection Rates shown in the corresponding Exhibits to this Contract, which are incorporated herein; unless specifically and expressly authorized by this Agreement, CONTRACTOR shall not impose any other charges or assessments of any kind whatsoever to the Customer or the TOWN.
Collection Rates.
9.2.1 Pursuant to Chapter 8.12 (“Solid Waste Management”) of the County Code, Franchisee may only charge rates approved by the Board of Supervisors for the services performed or rendered under this Agreement. The rates in effect as of the Effective Date of this Agreement are set forth in Exhibit B attached hereto and incorporated herein by this reference.
9.2.2 In the interest of maintaining affordable services for the residents and businesses located within the Franchise Area, the following are the only permissible adjustments to the rates approved by the Board of Supervisors as of the Effective Date:
Collection Rates. 8.2.1 Pursuant to County Code Chapter 8.12, Franchisee may only charge rates approved by the Board for the services performed or rendered under this Agreement.
Collection Rates. Collection rates including, without limitation, the rates in the matrix set forth in Section
9.1 but excluding Yardwaste sticker and Yardwaste subscription prices, will remain fixed until April 30, 2021. Thereafter, all such collection rates will adjust annually based on the change in the 12 previous months (May through April) Consumer Price Index (CPI-U) for Chicago-Kenosha-▇▇▇▇ – All items, with a 1.5% minimum adjustment and a 3.5% maximum adjustment each May 1 of the Contract term.
Collection Rates. If you cannot return a Scooter to a valid area (that is, deactivate the Scooter in a restricted area) and request that GO ON pick it up, GO ON may, at its sole discretion, charge you a fee of up to $ 150. If any Scooter Accessed under your account is abandoned without prior notice, you will be responsible for all Travel Rates until the Scooter is recovered and deactivated, plus a service charge (currently $ 150) to recover the Scooter. All rates are subject to change at the sole discretion of GO ON. PENALTIES: The penalty for parking in a restricted area con go from $50 to $150 and the areas can change constantly so be sure to check them out and be vigilant about them.
Collection Rates. Franchisee shall provide the collection, recycling, transportation and disposal services required under this Agreement for the rates set forth in the Service Rate Schedule attached hereto and incorporated herein as Exhibit B, as the same may be adjusted in accordance with this Agreement.
Collection Rates. Collection Rates shall consist of the following components: l) a Collection Component; 2) a Disposal Tipping Fee Component; 3) a Compostable Processing Fee Component; 4) a Retroactive Disposal Tipping Fee Component; and 5) a Retroactive Compostable Processing Fee Component, and such other components as may be added by mutual agreement of the parties during the Term of this Agreement. Each component has been established at the inception of this Agreement based on cost data provided by the Contractor and may be adjusted pursuant to the terms of this Article and other applicable provisions of this Agreement. Contractor may submit a request for annual Rate adjustment by October 1 of each year. City, or its designee, may review Contractor’s calculations for accuracy and conformity to the methodology set forth in Section 7.3 and Exhibit C. The annual Rate adjustment calculated in accordance with that methodology shall take effect January 1 of each year. Contractor will reimburse City's cost to perform the review up to a maximum of $5,000 per year.
Collection Rates a. The Council of the City of Monterey shall approve Franchisee collection rates. Collection rates established by Council will be charged by Franchisee for all services. Franchisee shall retain revenues received for the sale of Recyclables including California Redemption Value revenues. Such revenues have been considered in the establishment of rates for services provided under this Agreement. Initial rates shall be as set forth in City Council Resolution No. 19-053 ▇.▇.
▇. Net profit by Franchisee before taxes in any one year is limited to seven percent (7%) of gross sales (“Reasonable Profitability”). Franchisee agrees to apply any portion of net income above and beyond this maximum allowable gross profit toward improvements that enhance operations in response to service requirements, or, alternatively, reduce rates, at City’s option.