Examples of Capex Payment in a sentence
In order to ensure that buses from the east of the borough continue to serve the existing retail and other core facilities and at the same time are not seen to conflict with pedestrian and sustainable movement in the public realm area, a number of permanent bus routing options have been developed and are presented for consideration and comment.
This shall be the Emitter's estimate of the mass quantity of CO2 in all Billing Periods in the first five years of the Capex Payment Period based on the CO2 Capture Rate Estimate, which shall be notified to BEIS in the Emitter's application for an ICC Contract.
PBCP (Periodic Budgeted Capex Payment) means an amount equal to the Budgeted Capex for the current Reporting Period (if any).
This sets a precedent for future regulator-to-regulator disagreements.
The ICC Contract Counterparty shall pay the Emitter the Capex Payment in accordance with the terms of this clause 10 (Capex Payment), clause 12 (Billing Statements) and clause 13 (Payment Mechanics), with effect from the Start Date with such payment calculated in accordance with schedule 3 (Capex Payment Calculations).
It is anticipated that the YCCM for years six (6) to ten (10) of the Capex Payment Period will be the same as the YCCM for year five (5) of the Capex Payment Period.
For hybrid CCS/CCU projects, the denominator for the Capex Payment Rate calculation will be the Metered CO2 Output Estimate (i.e. the Emitter's estimate of the total amount of CO2 that will be captured during the first five (5) years of the Capex Payment Period) whereas, for CCS only projects, the denominator will be the Metered CO2 Output to T&S Estimate (i.e. the Emitter's estimate of the total amount of CO2 that will be captured and stored during the same period).
The rights and obligations of the Parties under clause 10 (Capex Payment), clause 11 (Opex Payment), clause 12 (Billing Statements), clause 13 (Payment Mechanics) and clause 17 (Emitter's Undertakings: Metering) are conditional upon the fulfilment or waiver of the Conditions Precedent and shall commence on the Start Date.
PBCP may only be a positive number.(Periodic Budgeted Capex Payment) PADJmeans any Periodic Adjustment, determined in accordance with paragraph 6 of Schedule 8.A (Franchise Payments), to be made on that Reporting Period’s Payment Date.
Each Borrower shall deposit in a reserve account with Bank (the “Capital Reserve Account”) at the time of each payment of an installment of interest and/or principal under the Note, an additional amount equal to the Monthly Capex Payment (defined below), to fund capital future expenditures for repair and replacement of Project improvements, furniture, fixtures and equipment.