Capacity Reservation Fee definition
Examples of Capacity Reservation Fee in a sentence
For purposes of this Section only, any amount of the Processing Capacity Reservation Fee and accrued interest thereon which has not been applied to payments for Bulk Product actually purchased by and delivered to Savient shall be forfeited by Savient to BTG as of the effective date of termination of this Agreement.
Non-Payment Trip Charge - $45.00- only applicable during normal work hours Capacity Reservation Fee - a monthly charge equal to the base charge plus billing charge for the applicable class of service.
The Capacity Reservation Fee is a percentage of the annual Non-Flow-Related WWTP expenses that is equal to the percentage of total WWTP Design Capacity that is reserved to the City.
If the Capacity Reservation Fee paid for such year exceeded the actual-cost "true up" amount for the year, then any such excess sum shall be promptly refunded to City.
For clarity, for each Calendar Year in which Indivior elects to pay a Capacity Reservation Fee, if applicable, such Capacity Reservation fee shall be credited towards any amount of Product Curia Processes and Delivers in excess of the Annual Forecast during such Calendar Year.
During a Planned Total Steam Outage, no Steam Delivery Shortfall Penalty shall apply and the Sunoco’s sole remedy shall be a reduction in the Steam Capacity Reservation Fee equal to twenty eight thousand dollars ($28,000) per day of the Planned Total Steam Outage.
Accordingly, Indivior may elect to have the Line dedicated to Indivior in any subsequent Calendar Year during the Term by paying a capacity reservation fee, based on the types of units of Product ordered during the previous Calendar Year and the associated Unit Pricing (i.e., the average per unit price) set forth in Column B in the table set fo1th in Exhibit B, subject to adjustment in accordance with Section 7.2 ("Capacity Reservation Fee").
Upon the occurrence of a (i) Haverhill Payment Default for which Haverhill fails to provide reasonable assurances to Sunoco in respect of further payments by Haverhill to Sunoco under this Agreement, or (ii) Haverhill Performance Default which remains uncured, Sunoco may terminate this Agreement upon Written notice and shall have no obligation to pay the Steam Capacity Reservation Fee for the remainder of the Term.
Each Capacity Reservation Fee shall be paid in advance for the calendar year beginning on January 1 following the due date.
Within ten (10) calendar days of the first (1st) day of each Calendar Year during the Term, Indivior shall provide Curia with notice of whether Indivior would like to reserve such unutilized capacity by paying the Capacity Reservation Fee.