Pass-Through Component Sample Clauses

Pass-Through Component. The Pass-Through Component is that portion of the Service Fee comprised of the Contractor's Pass-Through Costs. The Pass-Through Component as of the Operating Date of this Agreement is provided in Exhibit 1. The Pass-Through Component is subject to adjustment only as necessary to reflect changes in Pass-Through Costs required by third parties as provided in Section 8.03, or as the result of a Change in Law as provided in Article 9. Authority shall adjust the Pass-Through Component at a time other than during an annual adjustment period if the adjustment to the Pass-Through Component would result in a Significant adjustment to the Service Fee Pass-Through Component. If adjustments are made to Pass-Through Component at times other than the annual adjustment time and the amount thereof is Significant, Authority shall adjust the Service Fee as of the date of imposition of the increased Pass-Through Component (by adjusting the Pass-Through Component of the Service Fee in effect on the date immediately preceding the imposition of the new Pass-Through Cost pursuant to this Article) unless the Authority compensates Contractor through an alternative compensation mechanism approved by the Contractor, which approval shall not be unreasonably withheld. Notwithstanding anything to the contrary in this section 8.02(a)(4), for the period from and after January 1, 2010, the Pass Through Component as expressed in Exhibit 1 shall no longer apply. Instead, the Contractor shall have the right to recover all of Contractor’s Pass Through Costs incurred and paid from the Authority. The Contractor shall xxxx the Authority for such costs for the period from January 1, 2010 through March 31, 2010 and for each calendar quarter thereafter and the Authority shall pay such invoice within fifteen days of the receipt of an invoice therefor, The invoice for Pass Through Costs shall contain written verification and documentation of the specific Pass Through Costs incurred and paid and indicate if they have increased, decreased or remained the same.
Sample 1
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Related to Pass-Through Component

  • Pass Through Fees Registry Operator shall pay to ICANN (i) a one-­‐time fee equal to US$5,000 for access to and use of the Trademark Clearinghouse as described in Specification 7 (the “RPM Access Fee”) and (ii) US$0.251an amount specified by ICANN not to exceed US$0.25 per Sunrise Registration and Claims Registration (as such terms are used in Trademark Clearinghouse RPMs incorporated herein pursuant to Specification 7) (the “RPM Registration Fee”). The RPM Access Fee will be invoiced as of the Effective Date of this Agreement, and Registry Operator shall pay such fee to an account specified by ICANN within thirty (30) calendar days following the date of the invoice. ICANN will invoice Registry Operator quarterly for the RPM Registration Fee, which shall be due in accordance with the invoicing and payment procedure specified in Section 6.1.

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  • Component An element of a Project for which the Design Professional agrees to prepare or segregate Construction Documents as a discrete package to permit procurement of the described items or the commencement of the construction of the described element of the Project.

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