Operations Payment Sample Clauses
Operations Payment. Upon the achievement of the Operations Date, if any Wind Turbine Grantee installs in the Project is closer than the Primary Structure Setback or Boundary Setback and is not located on land other than the Property in which Landowner has a either a full or partial ownership interest (whether directly or through an equity interest in an entity that owns that land), then Grantee will pay Landowner, per each Wind Turbine located closer than the Primary Structure Setback and/or the Boundary Setback, at the written election of Landowner, either: (i) a one-time payment equal to [ ] within thirty (30) days of the Operations Date, or (ii) an annual payment of [ ] within thirty (30) days of the Operations Date and following each anniversary for the remainder of the Term (the “Annual Operations Payment”). On the first January 1st after the Operations Date and on each January 1st thereafter during the Term, the Annual Operations Payment will escalate annually by the increase in the prior year’s average Consumer Price Index-Midwest Region All Items.
Operations Payment. Within each Operations period identified above, Contractor shall be entitled to ▇▇▇▇ for Operations in equal monthly installments. During any state fiscal year the Department may withhold up to twelve (12%) percent of the Contractor’s annual compensation for Operations for failure to perform. No amount shall be withheld when failure to perform is due solely to another’s action or failure to act, including, without limitation, the Departments’ action or failure to act. The amount withheld for failure to perform a requirement or to meet a performance standard under this Contract shall be released to the Contractor upon presentation to the Department of a successful Overpayments Recovered: In addition, the Contractor shall be paid on a contingent fee basis, as set forth below, for any reviews/audits conducted pursuant to Section 6.2.6 of the RFP that are completed between January 1, 2012 and the expiration or termination of the Contract that result in actual Overpayment recoveries regardless of whether the Overpayment recovery occurs during the Contract Term or thereafter. Overpayments Contingency Fee Payment: Contractor will be paid a percentage of the actual Overpayment recoveries received for each preceding month. Actual Overpayment recoveries are the Overpayment amounts identified by the Contractor that are obtained by DHS from the provider through any means, including set-off against payments. If the provider is refunding the Overpayment in installments, the Contractor fee will be based on the actual amounts paid to DHS as they are received. Contingency fee payments for services related to Overpayment recoveries shall be based on Overpayment amounts recovered by DHS and not on Overpayment amounts identified. If IME receives an Overpayment and pays Contractor based on that received Overpayment but on a subsequent appeal, there is a finding overturning the Overpayment determination, then Contractor shall repay the State in an amount consistent with the overturned Overpayment determination. Such repayments may take place through credits identified on monthly invoices.
Operations Payment. The Contractor and DOM agree to the monthly Operations invoicing and payment schedule as finalized during Contract negotiations. Failures as a result of the Contractor shall result in penalties being assessed as outlined in Section 2.b. of this Contract.
Operations Payment. The Operations Payment before inflation is stated by the PPP company in Appendix 2 to the PPP contract, the tender sheet. The Operations Payment is based on the estimated assumptions set out in Appendix 1 (Functional Requirements) for normal operation, including in relation to amounts of waste, rainwater and wastewater, level of treatment and composition of wastewater. The Operations Payment consists of three sub-components: • A payment for operations related to waste • A payment for operations related to rainwater. • A payment for operations related to wastewater. The PPP company is ensured a fixed income for recovery of fixed costs (and up to 75,000 m3 of wastewater) as well as a variable payment for recovery of any additional costs as a result of larger amounts of wastewater. The Operations Payment is regularly adjusted for inflation according to the provisions of clause 3 of this appendix.
Operations Payment. Contractor will invoice monthly during the operational phase of this contract. Each month’s invoice will equal 1/12th of the yearly price as indicated below. First Year of Operations $ 14,338,770.00 Second Year of Operations $ 11,332,414.00 Third Year of Operations $ 10,471,937.00 Fourth Year of Operations $ 10,402,156.00 Fifth Year of Operations $ 10,418,416.00 First Optional Year $ 9,371,287.00 Second Optional Year $ 9,450,695.00 Third Optional Year $ 9,656,527.00