Toll Collection Sample Clauses

Toll Collection. The Corredor Sur operates on an open toll system, with toll plazas at all access points in the Atlapa and Ciudad Radial intersections and roads joining/leaving the road from/to the east at Costa del Este and Hipódromo. Tolls are collected manually and through pre-paid swipe cards through forty-two toll booths along the Corredor Sur. There are seven automatic toll booths at Atlapa and Ciudad Radial reserved for drivers with pre-paid swipe cards, and at all other toll plazas these drivers can use their cards through an automatic reader. No discount is offered for pre-paying the Tolls, and the initial card can be purchased for US$4.50. The value on the cards can be renewed or increased at the manned toll booths. During 2004, approximately 20% of drivers used the pre-pay system. The Concessionaire believes the construction of additional toll booths at certain exit points will reduce vehicle congestion at toll booths during peak times of travel. The Concessionaire intends to construct seven additional toll booths in the future, as demand continues to grow. In addition, the Concessionaire believes that the implementation of an electronic toll collection system is an effective way to increase capacity at toll plazas. The Concessionaire is evaluating the cost and timing of adopting an electronic toll collection system in the future if traffic volume continues to increase rapidly.
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Toll Collection. 15.1. The Concessionaire is hereby granted the right to establish, subsequently modify, and collect Toll Charges for all classes of Vehicles utilizing the Project, subject to the provisions of the Toll Roads Law, any instruction issued in accordance thereto and the provisions of this Agreement. The Concessionaire may change Toll Charges in respect of any class of Vehicles not more frequently than every 90 days.
Toll Collection. Party B has the right to collect tolls from the users of the Expressway during the term of chartered right. (Exemption regulated by relevant departments of State and Provincial People’s Government are exclusive)

Related to Toll Collection

  • Shared Principal Collections Subject to Section 4.04 of the Agreement, Shared Principal Collections for any Distribution Date will be allocated to Series 2022-3 in an amount equal to the product of (x) the aggregate amount of Shared Principal Collections with respect to all Principal Sharing Series for such Distribution Date and (y) a fraction, the numerator of which is the Series 2022-3 Principal Shortfall for such Distribution Date and the denominator of which is the aggregate amount of Principal Shortfalls for all the Series which are Principal Sharing Series for such Distribution Date. The “Series 2022-3 Principal Shortfall” will be equal to (a) for any Distribution Date with respect to the Revolving Period, zero, (b) for any Distribution Date with respect to the Controlled Accumulation Period, the excess, if any, of the Controlled Deposit Amount with respect to such Distribution Date over the amount of Available Principal Collections for such Distribution Date (excluding any portion thereof attributable to Shared Principal Collections), and (c) for any Distribution Date with respect to the Early Amortization Period, the excess, if any, of the Invested Amount over the amount of Available Principal Collections for such Distribution Date (excluding any portion thereof attributable to Shared Principal Collections).

  • Reallocated Principal Collections On each Distribution Date, the Servicer shall apply, or shall cause the Trustee to apply by written instruction to the Trustee substantially in the form of Exhibit B, Reallocated Principal Collections with respect to such Distribution Date, to make the following distributions or deposits in the following order of priority:

  • Income Collection Unless otherwise directed by Instruction, the Custodian shall collect any amount due and payable to the Fund with respect to Investments and promptly credit the amount collected to a Principal or Agency Account; provided, however, that the Custodian shall not be responsible for: (a) the collection of amounts due and payable with respect to Investments that are in default or (b) the collection of cash or share entitlements with respect to Investments that are not registered in the name of the Custodian or its Subcustodians. The Custodian is hereby authorized to endorse and deliver any instrument required to be so endorsed and delivered to effect collection of any amount due and payable to the Fund with respect to Investments.

  • Allocations of Finance Charge Collections The Servicer shall allocate to the Series 1997-1 Certificateholders and retain in the Collection Account for application as provided herein an amount equal to the product of (A) the Floating Allocation Percentage and (B) the Series 1997-1 Allocation Percentage and (C) the aggregate amount of Collections of Finance Charge Receivables deposited in the Collection Account on such Deposit Date.

  • Data Collection Some downloaded software included in the Materials may generate and collect information about the software and usage and transmit it to Intel to help improve Intel’s products and services. This collected information may include product name, product version, time of event collection, license type, support type, installation status, hardware and software performance, and use. 9.

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