Definition of Capacity Reservation Charge

Capacity Reservation Charge means the charges to be paid by the Train Operator to HS1 Ltd with regard to the Reserved Capacity Right as calculated in accordance with paragraph 6.1 of Part 2 of this Section 7;
Sample 1

Examples of Capacity Reservation Charge in a sentence

The Capacity Reservation Charge and Supplemental Capacity Reservation Charge (if applicable) are non- refundable, shall be paid without any prior demand or notice therefor, shall in all events be paid without any deduction, recoupment, set-off or counterclaim, and shall not be subject to proration, credit, offset, rebate or abatement for any cause whatsoever, except as expressly provided in Paragraph 4(d) below.
The Capacity Reservation Charge, plus applicable state and local sales and use taxes, shall be paid by Tenant to Landlord in advance and on or before the first day of each calendar month during the Lease Term at the same time and place and in the same manner as the payment of monthly installments of Base Rent, except that the Capacity Reservation Charge for the first full calendar month for which the Capacity Reservation Charge shall be due shall paid on the Supplement Date.
Monthly Capacity Reservation Charge The customer shall pay, except when the installation is operating according to the service agreement, a monthly amount equal to the level of contract capacity stated in the service agreement, times the capacity reservation charge per CCF.
In consideration of the payment by Tenant to Landlord, or as Landlord may from time to time direct, of the Capacity Reservation Charge as set forth above, Tenant shall be entitled to up to ____________ [TBD] megawatts of capacity on the Generators for the Premises ("Capacity Reservation") subject to the terms and conditions set forth in this Supplement and the Lease.
Shipper shall pay Transporter an amount equal to the Capacity Reservation Charge applicable to the proposed service for a one month period, or $10,000.00 whichever is less, which amount shall be credited to Shipper's initial invoice for this service or refunded to Shipper pursuant to the Service Agreement.