Operating Fee Sample Clauses

Operating Fee. The Lessee must pay an operating fee as described below:
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Operating Fee. Beginning October 1, 2013, the City shall pay the 33 annual Operating Fee payment to the Bulls pursuant to Section 10.1 of the 34 DAP Operating Agreement with twelve (12) equal monthly payments to 35 the Bulls in the amount of $6,130.77 for a total payment of $73,569.24 for 36 the Term of this Second Amendment. 37
Operating Fee. For purposes of calculating the initial annual operating fee payment under 30 CFR 585.506, BOEM applies an operating fee rate to a proxy for the wholesale market value of the electricity expected to be generated from the project during its first 12 months of operations. This initial payment would be prorated to reflect the period between the commencement of commercial operations and the Lease Anniversary. The initial annual operating fee payment would be due within 45 days after commencement of commercial operations. Thereafter, subsequent annual operating fee payments would be due on or before the Lease Anniversary. The subsequent annual operating fee payments are calculated by multiplying the operating fee rate by the imputed wholesale market value of the projected annual electric power production. For the purposes of this calculation, the imputed market value would be the product of the project’s annual nameplate capacity, the total number of hours in the year (8,760), the capacity factor, and the annual average price of electricity derived from a regional wholesale power price index. For example, the annual operating fee for a 976-megawatt (MW) wind facility operating at a 40 percent capacity (i.e., capacity factor of 0.4) with a regional wholesale power price of $40 per megawatt hour (MWh) and an operating fee rate of 0.02 will be calculated as follows: hrs $40 Annual Operating Fee = 976 MW × 8,760 year × 0.4 × MWh Power Price × 0.02 = $2,736,820.22
Operating Fee. (a) From the Effective Date until this Agreement is terminated, Operator shall receive a fee (the "Operating Fee") of $750,000 per annum, as adjusted in accordance with this Section 5.02. The Operating Fee shall be paid in monthly installments and shall be due on the first Business Day of each month for the preceding month. The Operating Fee for any partial month shall be pro rated to cover the actual portion of such month that this Agreement was in effect.
Operating Fee. 4.1 LYFT shall pay an operating fee of $18,750.00 to the CITY within sixty calendar days of relaunching in San Antonio that will represent the required operating fee for the entire nine-month term of this agreement.
Operating Fee. For purposes of calculating the initial annual operating fee payment and pursuant to 30 CFR 585.506, an operating fee rate is applied to a proxy for the wholesale market value of the electricity expected to be generated from the project during its first twelve months of operations. This initial payment will be prorated to reflect the period between the commencement of commercial operations and the Lease Anniversary. The initial annual operating fee payment is due within 45 days of the commencement of commercial operations. Thereafter, subsequent annual operating fee payments are due on or before each Lease Anniversary. The subsequent annual operating fee payments are calculated by multiplying the operating fee rate by the imputed wholesale market value of the projected annual electric power production. For the purposes of this calculation, the imputed market value is the product of the project’s annual nameplate capacity, the total number of hours in the year (8,760), the capacity factor, and the annual average price of electricity derived from a historical regional wholesale power price index. For example, the annual operating fee for a 100 MW wind facility operating at a 40% capacity (i.e., capacity factor of 0.4) with a regional wholesale power price of $40/MWh and an operating fee rate of 0.02 would be calculated as follows: Operating Fee Rate: The operating fee rate is the share of imputed wholesale market value of the projected annual electric power production due to the Office of Natural Resources Revenue as an annual operating fee. For the Kitty Hawk LA, BOEM will set the fee rate at
Operating Fee. 7 (a) In General. . . . . . . . . . . . . . . . . . . . . . . . . . . . . 7 (b) Adjustments to the Operating Fee. . . . . . . . . . . . . . . . . . 8 (c) Scope Adjustments . . . . . . . . . . . . . . . . . . . . . . . . . 8 (d) Print Center Credit . . . . . . . . . . . . . . . . . . . . . . . . 9 (e) Strategic Development Charge. . . . . . . . . . . . . . . . . . . . 9 5.
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Operating Fee. The Operator shall agree to provide the City with a scaled Operating Fee of 2.5% to 3.5% of its gross receipts or a minimum of $5,000 per month. Year 1 through 10: 2.5% of Gross Receipts Year 11 through 20: 3.0% of Gross Receipts Year 21 through 30: 3.5% of Gross Receipts Maintenance: It will be the Operator’s responsibility to pay for costs and expenses associated with the operation and maintenance of the concession facilities. In addition, prior to obtaining a certificate of occupancy for the restaurant, the Operator will contribute $_200,000.00 to the City to be used by the City for maintenance of City parks. XXX-0000 Xxxxxxxxxx Beach, LLC 000 X. Xxxxxxxx Xxxx., Xxxxx XX 00000 T: 000-000-0000 F: 000-000-0000 xxx.xxxxxxxxxxxx.xxx 1
Operating Fee. The term “Operating Fee” shall have the meaning given such term in Section 3.01.
Operating Fee. An Operating Fee shall be payable to the Manager for each Operating Year on a quarterly basis in arrears for Services rendered with respect thereto. The Operating Fee shall be payable as follows:
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