Cost Recovery Fee definition

Cost Recovery Fee or “CRF” means a fee, which contributes to the recovery of OECM’s operating costs as a not- for-profit/non share capital corporation, which is based on the before tax amount invoiced by the Supplier to Customers for Deliverables acquired through OECM’s competitively sourced agreements. Once Customer-Supplier Agreements have been executed, this fee is remitted by the Supplier to OECM on a quarterly basis;
Cost Recovery Fee means a fee collected by the District through agreement on behalf of and to facilitate reimbursement to Developers for the cost of installing water system facilities, including but not limited to Water or Wastewater Mains and pumping stations that provide benefit to subsequent Developers.
Cost Recovery Fee or “CRF” means a fee, which contributes to the recovery of OECM’s operating costs as a not- for-profit/non share corporation, which is based on the before tax amount invoiced by the Supplier to Clients for Deliverables acquired through OECM’s competitively sourced agreements. Once CSAs have been executed, this fee is collected and remitted by the Supplier to OECM on a quarterly basis;

Examples of Cost Recovery Fee in a sentence

  • As a not-for-profit/non-share capital corporation, OECM recovers its operating costs from its agreements through a Cost Recovery Fee (“CRF”).


More Definitions of Cost Recovery Fee

Cost Recovery Fee. You understand and agree that in order for XOOM to offer and fulfill its fixed rate obligation to you, it has to purchase electric power in advance of usage in amounts needed to cover the full term of this Agreement. If you cancel this Agreement early, you will be responsible for paying a cost recovery fee (“Cost Recovery Fee”) of $50 which is intended not as a penalty, but simply to offset the cost of selling the unused portion of your electricity to others and estimated lost revenue that XOOM may incur from such a sale, if any, and related expenses. Credit, Payment and Collection: Your bill will be based on monthly meter readings provided to XOOM by your local utility. If there is an error in your meter reading, XOOM will adjust its bill to you upon your local utility providing a corrected meter reading to XOOM. This Agreement is contingent upon a satisfactory credit review and maintenance of good credit and may require a deposit. You represent that you are financially able and willing to fulfill the terms and conditions of this Agreement and that you have not filed, are not in the process of filing or do not plan to begin any bankruptcy proceedings. The charge for XOOM’s purchases of electricity will be included on your local utility bill and will be due on the date specified in the local utility bill. XOOM’s charges not paid by their due date are subject to a late payment fee at the greater of the rate of 1.5%, or the maximum permitted by law, based on your total outstanding balance per month. XOOM will charge a $35 return check fee for all returned checks. XOOM may terminate this Agreement with ten (10) days written notice for non-payment. XOOM may not physically cut off your electric service, which will be provided by your local utility. In all events, you shall remain obligated to pay for all electricity received by you and any interest, fees and penalties incurred by XOOM. You will also be responsible for all costs, including legal fees, associated with the collection of amounts owed to XOOM.
Cost Recovery Fee means a fee which is based on the before tax amount billed by the Supplier to Clients for products and services acquired through OECMs competitively sourced agreements. This fee is collected and remitted by the contracted Supplier(s) to OECM monthly and contributes to the recovery of OECM operating costs as a not for profit corporation;
Cost Recovery Fee or “CRF” means a fee, which contributes to the recovery of OECM’s operating costs as a not-for-profit/non share corporation, which is based on the before tax amount invoiced by the Supplier to Clients for Deliverables acquired through OECM’s competitively sourced agreements. The cost recovery fee, for all executed CSAs, must be remitted by the Supplier to OECM on a quarterly basis;
Cost Recovery Fee means any fee set forth in sections 18-231-25.5-02 to 18-231-25.5-05. “Electronic form” includes magnetic media, CD-ROM (compact disk, read-only memory), video and
Cost Recovery Fee or “CRF” means a fee, which contributes to the recovery of OECMs operating costs as a not-for-profit corporation, which is based on the before tax amount billed by the Supplier(s) to Clients for Deliverables and related services acquired through OECMs competitively sourced agreements. Once CSAs have been executed, this fee is collected and remitted by the Supplier(s) to OECM on a monthly basis as set out in Section 2.29.
Cost Recovery Fee or “CRF” means a fee, which contributes to the recovery of OECM’s operating costs as a not-for-profit/non share capital corporation, which is based on the before tax amount invoiced by the Successful Proponent to Customers for Deliverables acquired through OECM’s competitively sourced agreements. Once CSAs have been executed, this fee is collected and remitted by the Successful Proponent to OECM on a quarterly basis;
Cost Recovery Fee means a fee referred to insection 50AAKA ;