Operation Fee definition

Operation Fee. The fixed fee which Owner shall pay to Operator throughout the Term for operation of the Plants and ▇▇▇▇▇, as provided in Section 4.1.1. Operation and Maintenance Agreement - Ormesa Plants
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Operation Fee shall have the meaning assigned to such term in the CMI TUA.
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Operation Fee. The fixed fee which Owner shall pay to Operator throughout the Term for operation of the Steamboat Facility and the ▇▇▇▇▇, as provided in Section 4.1.1.
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Examples of Operation Fee in a sentence

  • In addition to other payment obligations provided in this Agreement, Owner shall be responsible for all of the following main payment obligations: Operation Fee and Extraordinary Operation Expenses.

  • Each Operator's Invoice shall contain a statement of all amounts due to Operator for the Operation Fee, for all Extraordinary Operation Expenses incurred during the previous month, and for any other fees, costs or expenses owed by Owner to Operator under this Agreement.

  • Port Operation Fee: Corresponds to an amount of fifty five USD per barrel (US$/BI 0.55) which covers the loading operation from the reception of product in the terminal until delivered by the line to the platform or Mono-buoy respectively.

  • If Owner does not accept Operator's proposal for adjustment of the Operation Fee within 15 (fifteen) days of the date of such request, Operator shall be entitled to terminate this Agreement upon written notice to Owner, and the results of such termination shall be as described in Section 8.4.

  • For the purposes of this annexure H, Facility Operation Fee, Facility Operations Agreement, Facility Items and Specified Affiliate have the meaning given to those terms in the Implementation Agreement.

  • At Operator's written request, the Parties shall renegotiate in good faith the Operation Fee for every 5 (five) year period, so as to reflect as nearly as possible the economic factors that were the basis for the calculation of the initial Operation Fee and other factors and circumstances justifying the adjustment of the same.

  • In the case of termination pursuant to Sections 6.3 or 8.3, Owner shall pay Operator (i) the Operation Fee due and all Extraordinary Operation Expenses accrued by Operator as well as all other sums due as of the date of the termination, and (ii) any reasonable costs attributable to termination of the Agreement, including without limitation, costs of demobilization and cancellation charges owed to third parties.

  • The sum of the Entry Fee and the Operation Fee is due within thirty (30) days of a new JPA Member joining the JPA.

  • Owner will continue to reimburse and compensate Operator for the Operation Fee and Extraordinary Operation and Maintenance Agreement - Ormesa Plants Operation Expenses in accordance with this Agreement to the extent Operator continues to perform.

  • The amount of the Operation Fee charged per Sub-Fund or Class shall be disclosed in the annual report.


More Definitions of Operation Fee

Operation Fee means the fee described in Section 5.4.4.
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Operation Fee means the Base Fee and Percentage Fee payable for the relevant Operation Year.
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Related to Operation Fee

  • Origination Fee means any origination fee payable to the Department by the lender with respect to any Trust Student Loan.

  • Management Fee has the meaning given in Section 4.1.

  • Construction Fee means a fee or other remuneration for acting as general contractor and/or construction manager to construct improvements, supervise and coordinate projects or to provide major repairs or rehabilitation on a Property.

  • Utilization Fee shall have the meaning assigned to such term in Section 2.06(b).

  • Acquisition Fee means any and all fees and commissions, exclusive of Acquisition Expenses, paid by any Person to any other Person (including any fees or commissions paid by or to any Affiliate of the Company or the Advisor) in connection with making or investing in Mortgages or the purchase, development or construction of a Property, including real estate commissions, selection fees, Development Fees, Construction Fees, nonrecurring management fees, loan fees, points or any other fees of a similar nature. Excluded shall be Development Fees and Construction Fees paid to any Person not affiliated with the Sponsor in connection with the actual development and construction of a project.