Examples of Contract Waste in a sentence
The SPV will use the FPS payment received from the Council to repay the total senior debt drawn down at the end of construction and the associated financing costs.Given this structure, the gate fee payable by the Council in respect of Contract Waste delivered during the operational period is only required to cover the SPV’s net operating costs (i.e. total operating costs net of the third party income guaranteed by FCC Environment as part of the proposal, discussed in greater detail below).
Any Commercial and/or Industrial Waste that is not Contract Waste collected by a District other than in its capacity as WCA and delivered to the WDA shall be the subject of a separate agreement.
Where the Company has accepted responsibility in its quotation form for the collection of the Contract Waste then the Company or the Carrier shall endeavour to collect the Contract Waste on the date requested.
That any costs that might arise as a result of pursuing the amended recommendations tabled at the meeting be apportioned in accordance with the Joint Working Agreement i.e. that proportions of cost and potential share of revenue to be equal to the proportion of Contract Waste delivered by each council in the relevant year.
This is as opposed to also covering the debt repayments (including continuously accruing interest charges) relating to the capital cost funding requirement, as would be the more usual approach for a PFI project.As a result, a gate fee of £....../tonne (2010 prices) is payable on the first 100,000 tonnes of Contract Waste delivered to the facility and a gate fee of£.