Common use of Worked Example Clause in Contracts

Worked Example. 2.1 Assume the 2015 Landfill Development Consent approves an expansion to the capacity of the landfill at LHRRP in the amount of 7.5 million cubic metres. On that basis: Original Capacity = 16,225,000 tonnes Additional Capacity = 7,500,000 tonnes Total Capacity = 23,725,000 tonnes 2.2 Assume that by 30 November 2030, the total number of tonnes of Landfill Waste landfilled at LHRRP in the period after 1 July 2014 reaches 23,725,000 tonnes. That is, the Total Capacity has been used. 2.3 Assume that further Landfill Waste is received as follows: December 2030 56,000 12.84 721,787 January 2031 75,000 13.23 992,250 February 2031 83,000 13.23 1,098,090 March 2031 80,000 13.23 1,058,400 The amount for December 2030 ($721,787) will be paid on or before 28 February 2031. The amount for January 2031, February 2031 and March 2031 ($3,148,740) will be paid on or before 31 May 2031. SITA and WSN are committed to best practice, prevention, mitigation and rectification of the operation and management of the LHRRP and post closure management obligations. SITA will provide Council with monthly, quarterly and yearly reports regarding environmental and other aspects of LHRRP. The reports to be provided by SITA are set out in Exhibit 1.

Appears in 1 contract

Sources: Voluntary Planning Agreement

Worked Example. 2.1 Assume the 2015 2014 Landfill Development Consent approves an expansion to the capacity of the landfill at LHRRP in the amount of 7.5 million cubic metres. On that basis: Original Capacity = 16,225,000 tonnes Additional Capacity = 7,500,000 tonnes Total Capacity = 23,725,000 tonnes 2.2 Assume that by 30 November 2030, the total number of tonnes of Landfill Waste landfilled at LHRRP in the period after 1 July 2014 reaches 23,725,000 tonnes. That is, the Total Capacity has been used. 2.3 Assume that further Landfill Waste is received as follows: December 2030 56,000 12.84 721,787 January 2031 75,000 13.23 992,250 February 2031 83,000 13.23 1,098,090 March 2031 80,000 13.23 1,058,400 The amount for December 2030 ($721,787) will be paid on or before 28 February 2031. The amount for January 2031, February 2031 and March 2031 ($3,148,740) will be paid on or before 31 May 2031. SITA and WSN are committed to best practice, prevention, mitigation and rectification of the operation and management of the LHRRP and post closure management obligations. SITA will provide Council with monthly, quarterly and yearly reports regarding environmental and other aspects of LHRRP. The reports to be provided by SITA are set out in Exhibit 1.

Appears in 1 contract

Sources: Voluntary Planning Agreement