Concession Recovery Fee definition
Concession Recovery Fee means a separate statement of and charge for the Percentage Fee on Airport Customer invoices or rental agreements, which is not required, but will not be prohibited by County provided that such Concession Recovery Fee meets all of the following conditions: (a) such Concession Recovery Fee is permitted by Applicable Laws, including, without limitation, the requirements of the United States Federal Trade Commission, as in effect from time to time, as well as any commitment to or contractual obligation by Concessionaire with the Attorney General of the State or any group of State Attorneys General; (b) such Concession Recovery Fee shall be titled "Concession Recovery Fee," "Concession Recoupment Fee," or such other name as approved in advance by County in writing; (c) such Concession Recovery Fee must be shown on the Airport Customer rental car agreement and invoiced with other charges (i.e., "above the tax line"); (d) such Concession Recovery Fee does not exceed eleven and 11/100 percent (11.11%) of Gross Revenues from such transaction (for clarity, the Concession Recovery Fee is included in Gross Revenues, including for purposes of this calculation); and (e) Concessionaire shall neither identify, treat, or refer to the Concession Recovery Fee as a tax or levy, nor state or imply that County is requiring the pass-through or collection of such Concession Recovery Fee.
Concession Recovery Fee means any surcharge or any amount that Operator separately states and charges its customers to recover the amount of Operator’s Percentage Fee that is payable under this Agreement. Operator acknowledges that its payment to County under this Agreement is for Operator’s use of facilities and grant of concession rights at the Airport, and that those payments do not reflect a fee that is imposed by County upon customers renting automobiles from Operator. “Concession Recovery Fees” means the Concession Fee charged to the Operator by the County which is eligible to be charged back to the customer.
Concession Recovery Fee means the fee described in Section 6.06 of Article 6 of this Agreement.
Examples of Concession Recovery Fee in a sentence
The Concession Recovery Fee (CONC REC) which is Owner’s charge to recover the concession fees paid by Owner to an airport’s owner or operator in connection with this rental The Vehicle License Fee Recovery (VLF REC) which is Owner’s charge to recover the estimated average daily cost per vehicle of the charges imposed by governmental authorities upon Owner or its affiliates to title, register a plate all vehicles in its rental fleet registered in Vermont.
More Definitions of Concession Recovery Fee
Concession Recovery Fee means a separate statement of and charge for the Concession Fee on customer invoices or rental agreements, which is not required but will not be prohibited by the State, provided that such Concession Recovery Fee meets all of the following conditions: (a) such Concession Recovery Fee is permitted by the laws of the State and all other applicable laws, including, without limitation, the requirements of the United States Federal Trade Commission, as in effect from time to time, as well as any commitment to or contractual obligation by RAC with the Attorney General of the State or any group of State Attorneys General; (b) such Concession Recovery Fee shall be titled “Concession Recovery Fee”, “Concession Recoupment Fee”, or such other name as is first approved by the State in writing;