Operator Payments Clause Samples
The Operator Payments clause defines the terms and conditions under which payments are made to the operator for services rendered. It typically outlines the payment schedule, methods of calculation, and any conditions or milestones that must be met before payment is issued. For example, it may specify monthly payments based on completed work or require submission of invoices for approval. This clause ensures that both parties have a clear understanding of payment expectations, reducing the risk of disputes and ensuring timely compensation for the operator.
Operator Payments. 22.1.1 The Parties expressly agree that the Authority shall pay the Operator following payments 2 DMA Establishment Fees (B) Payment for creation and commissioning of a DMA 3 Works Fees (C) Remuneration for Implementation of IIP 4 O&M Fees (D) Remuneration for O&M of Project Facilities
Operator Payments. If we have taken full payment for your product, payments will be made on the 20th of the month following the booking by direct debit. • We require an invoice from you each month that states amount payable, excluding our commission. We do not pay out automatically as some booking agents do.
Operator Payments. 6 ARTICLE 4. REPRESENTATIONS OF BUYER 4.1 Existence..............................................................................6 4.2 Authorization..........................................................................7 4.3 Power..................................................................................7 4.4 Brokers................................................................................7 4.5
Operator Payments. (a) any share of Patronage Revenue payable to the Authority under the terms of Schedule 3 (Payment Summary);
(b) any Advertising Revenue payable to the Authority under the terms of Schedule 3 (Payment Summary);
(c) any Monks Cross Car Parking Revenue payable to the Authority under the terms of Schedule 3 (Payment Summary);
(d) any payments for works carried out by the Authority (having been first agreed with the Operator) and due from the Operator as payable to the Authority;
(e) any undisputed amounts owed by the Operator to the Authority in accordance with clause 37 (Indemnities, Guarantees and Contractual Claims);
Operator Payments. Seller has paid all its accrued obligations and complied with all of its other obligations with respect to those portions of the Properties operated by operators other than the Seller, or Buyer.