Infrastructure Fee definition
Examples of Infrastructure Fee in a sentence
Tenant shall pay to City the Tenant Infrastructure Fee in monthly installments, in advance, each of which shall be due on the first day of each month.
City and Constructing Owner agree that the amount of Infrastructure Fee Reimbursements owed to Constructing Owner hereunder shall be as set forth on Exhibit C hereto and made a part hereof, subject to the final “true up” as described in Section 8 hereof.
The City shall reimburse the Constructing Owner, solely from the Infrastructure Fee Component of the Fee, all Eligible Hard Costs and Soft Costs incurred by the Constructing Owner in connection with the construction of the Facilities, as approved by the Administrator in consultation with the City Engineer.
All costs of the repair, if not paid by the Constructing Owner within twenty (20) calendar days of notice from the Administrator to the Constructing Owner, shall be paid out of any Fee Reimbursement then otherwise payable to the Constructing Owner from the Infrastructure Fee Component of the Village 1 Plan Area Fee Program Fund.
So long as the Constructing Owner is not in default of this Agreement at the time of its request, Fee Reimbursements may be converted to and applied as Fee Credits against the Infrastructure Fee Component of the Fee at any time from and after the Effective Date of this Agreement and such conversion is not dependent upon Completion of the Facilities.
Any conversion of Fee Reimbursements to Fee Credits and the corresponding application of such converted Fee Credits against the Infrastructure Fee Component of the Fee shall be made in writing and delivered to the Administrator in the form attached hereto as Exhibit D.
The right to apply Fee Reimbursements as Fee Credits is limited hereunder to the Infrastructure Fee Component of the Fee and may not be applied against the Neighborhood Park Development Fee Component, the Neighborhood Park Land Acquisition Fee Component or the Administrative Fee Component of the Fee.
The annual Tenant Infrastructure Fee (“TIA Fee”) shall be payable in twelve equal monthly installments, with each installment payable on the same date as the payment of the monthly installment of the Minimum Annual Guaranty, as provided in Paragraph E above.
Novartis shall pay, or cause to be paid, the Infrastructure Fee quarterly, in arrears, in accordance with Section 4.7.
Infrastructure Fee: Vendor will pay to Dealer the total amount of *** to be used solely in connection with fulfillment of Dealer's obligations under this Addendum the Infrastructure Fee will be paid in three (3) equal payments.