Common use of Re-appropriation of excess Fee Clause in Contracts

Re-appropriation of excess Fee. 27.6.1 In the event that the average daily traffic of PCUs in any Accounting Year shall have reached a level equivalent to 120% (one hundred and twenty percent) of the designed capacity specified in Clause 29.2.3 (the “Traffic Cap”), the Fee levied and collected from the traffic exceeding the Traffic Cap shall, notwithstanding anything to the contrary contained in this Agreement, be deemed to be due and payable to the Authority in accordance with the provisions of Clause 27.6.2.

Re-appropriation of excess Fee. 27.6.1 In the event that the average daily traffic of PCUs in any Accounting Year shall have reached a level equivalent to 120% (one hundred and twenty percentper cent) of the designed capacity specified in Clause 29.2.3 (the “Traffic Cap”), the Fee levied and collected from the traffic exceeding the Traffic Cap shall, notwithstanding anything to the contrary contained in this Agreement, be deemed to be due and payable to the Authority MPRDC in accordance with the provisions of Clause 27.6.2.

Re-appropriation of excess Fee. 27.6.1 In the event that the average daily traffic of PCUs in any Accounting Year shall have reached a level equivalent to 120% (one hundred and twenty percent) of the designed capacity specified in Clause 29.2.3 (the “Traffic Cap”), ) the Fee levied and collected from the traffic exceeding the Traffic Cap shall, notwithstanding anything to the contrary contained in this Agreement, be deemed to be due and payable to the Authority MPRDC in accordance with the provisions provision of Clause 27.6.2.

Re-appropriation of excess Fee. 27.6.1 In the event that the average daily traffic of PCUs in any Accounting Year shall have reached a level equivalent to 120% (one hundred and twenty percentper cent) of the designed capacity specified in Clause 29.2.3 (the “Traffic Cap”), the Fee levied and collected from the traffic exceeding the Traffic Cap shall, notwithstanding anything to the contrary contained in this Agreement, be deemed to be due and payable to the Authority MPRDC in accordance with the provisions of Clause 27.6.2.27.6.2.‌

Re-appropriation of excess Fee. 27.6.1 In the event that the average daily traffic of PCUs in any Accounting Year shall have reached a level equivalent to 120% (one hundred and twenty percentpercent- the Traffic Cap) of the designed capacity specified in Clause 29.2.3 (the “Traffic Cap”), 50000 PCU’s the Fee levied and collected from the traffic exceeding the Traffic Cap shall, notwithstanding anything to the contrary contained in this Agreement, be deemed to be due and payable to the Authority MPRDC in accordance with the provisions provision of Clause 27.6.2.