Common use of Tipping Fee Clause in Contracts

Tipping Fee. 9.1.1 Subject to the provisions of this Agreement and in consideration of the Concessionaire accepting the Concession and undertaking to perform and discharge its obligations in accordance with the terms, conditions and covenants set forth in this Agreement, the Authority agrees and undertakes to pay to the Concessionaire fixed charges of Indian Rupees (Tipping fee) per ton of MSW collected in the Project Area and transported to the Processing / disposal site by the Concessionaire during the Post COD period. 9.1.2 Post COD Period, the Authority agrees and undertakes to pay to the Concessionaire charges of Indian Rupees [Tipping fee] per ton of MSW collected in the Project Area and transported to the Processing Facilities by the Concessionaire. This amount will be escalated at the Rate of Inflation as per 9.1.4, for each fiscal year during the Term of this Agreement. 9.1.3 The amount will be paid on the basis of actual transportation of MSW carried out by the Concessionaire and the invoice shall be verified by the PMU. The Concessionaire shall raise monthly invoice and attach daily weights sheets of the electronic weighbridge installed at the entrance of the Sanitary Landfills/ Processing Facilities site, duly verified and approved by the PMU. 9.1.4 The Tipping Fee shall be varied each year in the month of April (FY) in proportion to change in Consumer Price Index, issued by Ministry of Statistics and Program Implementation, Govt of India.

Tipping Fee. 9.1.1 Subject to the provisions of this Agreement and in consideration of the Concessionaire accepting the Concession and undertaking to perform and discharge its obligations in accordance with the terms, conditions and covenants set forth in this Agreement, the Authority agrees and undertakes to pay to the Concessionaire fixed charges of Indian Rupees (Tipping fee) per ton of MSW collected in the Project Area and transported to the Processing / disposal site by the Concessionaire during the Post COD period. 9.1.2 Post COD Period, the Authority agrees and undertakes to pay to the Concessionaire charges of Indian Rupees [Tipping fee] per ton of MSW collected in the Project Area and transported to the Processing Facilities by the Concessionaire. This amount will be escalated at the Rate of Inflation as Inflationas per 9.1.4, for each fiscal year during the Term of this Agreement. 9.1.3 The amount will be paid on the basis of actual transportation of MSW carried out by the Concessionaire and the invoice shall be verified by the PMU. The Concessionaire shall raise monthly invoice and attach daily weights sheets of the electronic weighbridge installed at the entrance of the Sanitary Landfills/ Processing Facilities site, duly verified and approved by the PMU. 9.1.4 The Tipping Fee shall be varied each year in the month of April (FY) in proportion to change in Consumer Price Index, issued by Ministry of Statistics and Program Implementation, Govt of India.