Monthly Permit Fee definition

Monthly Permit Fee means the Monthly Permit Fee quoted by the successful
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Monthly Permit Fee means the Monthly Permit Fee quoted by the successful Service Provider in paragraph A of the First Schedule.
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Monthly Permit Fee means the product of (a) the number of Trips conducted by Permittee’s TNC Vehicles in one calendar month and (b) the Per Trip Fee then in effect.
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Examples of Monthly Permit Fee in a sentence

  • When payment of the Monthly Permit Fee of any month is overdue, the Permit Holder shall pay to the Government a surcharge on that outstanding Monthly Permit Fee at an interest rate equivalent to the average of the best lending rate of the three note-issuing banks in Hong Kong plus 2% per annum.

  • If the period of suspension exceeds seven (7) days then the Monthly Permit Fee hereby agreed to be paid or a proportionate part thereof shall abate until the Permit Area or any part thereof shall have been rendered fit for use.

  • Irrespective of whether or not the Light Refreshment Business of the Permit Holder might be affected by such arrangement, the Government shall not be liable to pay any compensation whatsoever to the Permit Holder and shall not be required to abate the Monthly Permit Fee or any part thereof.

  • For avoidance of doubt, the non-issuance of a relevant licence, permit and/or certificate by a relevant authority shall not constitute any grounds for the abatement of the Monthly Permit Fee.

  • If the commencement of the Term has been deferred under Clause 9(a), the Monthly Permit Fee shall be adjusted in accordance with Clause 7 hereof.

  • The first payment of the Monthly Permit Fee is to be made not later than seven (7) days before the commencement of the Term or at such time as shall be directed by the Government Representative.

  • For avoidance of doubt, the non-issuance of the relevant licences, permits and/or certificates by relevant authority does not constitute any grounds for the abatement of the Monthly Permit Fee.

  • If the commencement of the Term has been advanced under Clause 9(a), the Monthly Permit Fee shall be paid in accordance with Clause 6(c) hereof.

  • The first payment of the Monthly Permit Fee shall be made by the Permit Holder within fourteen (14) days from the date of the Conditional Acceptance of Quotation (or such later date as the Government Representative may allow) as specified in Clause 15(b) of the Terms of Quotation.

  • I/We do agree to carry out the Business mentioned in the Conditions of Contract and pay the Monthly Permit Fee as quoted by me/us in the First Schedule, subject to and in accordance with the terms and conditions stipulated in the Quotation Documents.


More Definitions of Monthly Permit Fee

Monthly Permit Fee means the Monthly Permit Fee quoted by the successful Service Provider in paragraph A of the First Schedule. ‘Permit’ means the permission to conduct the Light Refreshment Business. ‘Permit Area’ means the area as delineated and shown coloured red in Annexes B and C. ‘Permit Holder’ means the Service Provider whose quotation for grant of the Permit is accepted by the Government Representative. ‘Person’ includes any individual, company, corporation, partnership, firm and unincorporated body. ‘Quotation Closing Date’ means the latest date and time by which quotation shall be lodged. ‘Quotation Documents’ means the documents as specified in Clause 1 of the Notes for Service Provider. ‘Quotation Validity Period’ means the period of one hundred and fifty (150) days or any other period specified by the Government Representative commencing on the Quotation Closing Date during which the quotation is to remain open. ‘Security Deposit’ means the deposit which the Permit Holder deposits with the Government in accordance with Clause 8 of the Conditions of Contract for the due and proper performance of the Agreement. ‘Service Provider’ means the Person submitting this quotation. ‘Term’ means the period during which the Permit is in force and includes any extension thereof as specified in Clause 2 of the Conditions ofContract.
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Monthly Permit Fee means the product of the then current Per Trip Fee and the total number of Trips conducted by Permittee’s TNC Drivers in a calendar month.
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Monthly Permit Fee means the product of the number of Trips conducted by Permittee in one calendar month and the Per Trip Fee then in effect.4.2 Payment Requirements. (a) Within thirty (30) calendar days after the date on which City issues to Permittee an invoice setting forth Permittee’s Monthly Permit Fee for a particular month and any other fees or charges occasioned by Permittee’s operations or activities hereunder, Permittee shall pay such Monthly Permit Fee to City. (b) All payments hereunder, including Monthly Permit Fee, shall be paid at the office of Director, or at such other place as Director may designate in writing.
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Monthly Permit Fee means the monthly permit fee quoted by the successful Tenderer in the First Schedule and accepted by the Government and as specified in Clause 6 of the Condition of Contract.“Original Tender Closing Date”means the date and time specified in the Tender Form as the latest date and time before which Tenders must be deposited with the Government, regardless of whether the date and time has been extended subsequently.“Permit”means the permission to conduct the General Restaurant and Light Refreshment Business.“Permit Area”has the meaning given to the term in Clause 3 of the Conditions of Contract.“Permit Holder”means the Tenderer whose Tender is accepted by the Government Representative.“Security Deposit”means the sum of money deposited by the Permit Holder by cash or cheque, cashier’s order or in form of bank guarantee referred to in Clause 12 of the Terms of Tender and Clause 8 of the Conditions of Contract.“Soft Drinks”means any non-intoxicating liquor and non-medicated pre-packed hot and/or cold drinks for sale to the public by the Permit Holder through the Vending Machines installed at the Venue.“Tender” (upper of lower case)”means a tender submitted in response to this Invitation to Tender.“Tender Closing Date”means the date and time specified in the Tender Form as the latest date and time before which Tenders must be deposited with the Government, as the same may be extended by the Government pursuant to any applicable provision in the Tender Documents.“Tender Documents” “Tender Submission Date”means the documents as specified in Clause 1 of the Terms of Tender. means the date of the Offer to be Bound.“Tender Validity Period”means the period during which the tender is to remain open and as specified in Clause 16 of the Terms of Tender.“Tenderer”means the Person submitting a tender.“Term”means the period as specified in Clause 2(a) of the Conditions of Contract (including any extensions pursuant to Clause 2(b) of the Conditions of Contract).
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Monthly Permit Fee means the Monthly Permit Fee quoted by the successful Service Provider in paragraph A of the First Schedule. ‘Permit’ means the permission to conduct the Light Refreshment Business. ‘Permit Area’ means the area as delineated and shown coloured red in Annexes B and C and green in Annex B. ‘Permit Holder’ means the Service Provider whose quotation for grant of the Permit is accepted by the Government Representative. ‘Person’ includes any individual, company, corporation, partnership, firm and unincorporated body. ‘Quotation Closing Date’ means the date and time referred to in Clause 5(a) of the Terms of Quotation being the latest date and time before which quotation must be deposited in or mailed to the Government, as the same may be extended by the Government pursuant to any applicable provision in the Quotation Documents. ‘Quotation Documents’
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Related to Monthly Permit Fee

  • Monthly Period means the period from and including the first day of a calendar month to and including the last day of such calendar month.

  • Monthly Servicing Fee shall have the meaning specified in subsection 3.01.

  • Basic Servicing Fee means the fee payable pursuant to Section 3.09 to the Servicer on each Payment Date for services rendered during the related Collection Period, which shall be equal to one-twelfth of the Servicing Fee Rate multiplied by the Pool Balance as of the first day of the related Collection Period or, with respect to the first Payment Date, the Original Pool Balance.

  • Monthly P&I Advance An advance of funds by the Master Servicer pursuant to Section 4.02 or a Servicer pursuant to its Selling and Servicing Contract to cover delinquent principal and interest installments.

  • Monthly P&I means, with respect to any Receivable, the amount of each monthly installment of principal and interest payable with respect to such Receivable in accordance with the terms thereof, exclusive of any charges allocable to the financing of any insurance premium and charges which represent late payment charges or extension fees.

  • Servicer Prepayment Charge Payment Amount The amounts payable by the Servicer in respect of any waived Prepayment Charges pursuant to Section 2.05 or Section 3.01.

  • Master Servicer Prepayment Charge Payment Amount The amounts payable by the Master Servicer pursuant to Section 2.03(b) in respect of any waived (or, with respect to subsequent changes of law, any unenforceable) Prepayment Charges.

  • Master Servicer Remittance Amount With respect to each Master Servicer and each Master Servicer Remittance Date, an amount equal to (a) all amounts on deposit in such Master Servicer’s Collection Account as of 11:00 a.m., New York City time, on such Master Servicer Remittance Date, net of (b) any portion of the amounts described in clause (a) of this definition that represents one or more of the following: (i) collected Monthly Payments with respect to any Mortgage Loan serviced by such Master Servicer that are due on a Due Date following the end of the related Collection Period, (ii) to the extent not covered by clause (i) above, any payments of principal (including Principal Prepayments) and interest, Insurance Proceeds, Condemnation Proceeds and Liquidation Proceeds Received by the Trust with respect to any Mortgage Loan or REO Property serviced by such Master Servicer after the end of the related Collection Period, (iii) any Prepayment Premiums and/or Yield Maintenance Charges Received by the Trust with respect to any Mortgage Loan or successor REO Mortgage Loan serviced by such Master Servicer with respect thereto after the end of the related Collection Period, (iv) any Excess Liquidation Proceeds, (v) any amounts payable or reimbursable to any Person from such Collection Account pursuant to clauses (ii) through (xxii) of Section 3.05(a), and (vi) any amounts deposited in such Collection Account in error; provided that the Master Servicer Remittance Amount with respect to such Master Servicer for the Master Servicer Remittance Date that occurs in the same calendar month as the anticipated Final Distribution Date shall be calculated without regard to clauses (b)(i), (b)(ii), (b)(iii) and (b)(iv) of this definition.

  • Servicing Fee means the fee payable to the Servicer for services rendered during each Collection Period, determined pursuant to Section 4.08 of the Sale and Servicing Agreement.

  • Required Daily Deposit Target Finance Charge Amount means, for any day in a Due Period, an amount equal to the Class A Tranche Interest Allocation for the related Distribution Date; provided, however, that for purposes of determining the Required Daily Deposit Target Finance Charge Amount on any day on which the Class A Tranche Interest Allocation cannot be determined because the LIBOR Determination Date for the applicable Interest Accrual Period has not yet occurred, the Required Daily Deposit Target Finance Charge Amount shall be the Class A Tranche Interest Allocation determined based on a pro forma calculation made on the assumption that LIBOR will be LIBOR for the applicable period determined on the first day of such calendar month, multiplied by 1.25.

  • Delinquency Amount means, as of any Distribution Date, the Principal Balance of all Contracts that were delinquent 60 days or more as of the end of the related Due Period (including Contracts in respect of which the related Motorcycles have been repossessed and are still in inventory).

  • Base Servicing Fee means the fee payable to the Servicer on each Distribution Date for services rendered during the related Collection Period, which shall be equal to one-twelfth of the Servicing Rate multiplied by the Pool Balance as of the close of business on the last day of the immediately preceding Collection Period or, with respect to the first Distribution Date, the Original Pool Balance.

  • Net Servicing Fee Rate means (a) so long as the Seller or The Bank of New York is the Servicer, 1.25% per annum and (b) if the Seller or The Bank of New York is no longer the Servicer, 2.0% per annum.

  • Monthly Servicer Report means a report substantially in the form attached as Exhibit A-1 to the Servicing Agreement or in such other form as shall be agreed between the Servicer (with prior consent of the Back-Up Servicer) and the Trustee; provided, however, that no such other agreed form shall serve to exclude information expressly required by this Base Indenture or any Series Supplement.

  • Required Servicer Rating means, with respect to the Servicer, that the then short-term unsecured debt obligations of the Servicer are rated at least equal to P-1 by Moody's, and A-1 by Standard & Poor's.

  • Net Monthly Excess Cashflow With respect to each Distribution Date, the sum of (a) any Overcollateralization Release Amount for such Distribution Date and (b) the excess of (x) Available Funds for such Distribution Date over (y) the sum for such Distribution Date of (A) the Monthly Interest Distributable Amounts for the Class A Certificates and the Mezzanine Certificates, (B) the Unpaid Interest Shortfall Amounts for the Class A Certificates and (C) the Principal Remittance Amount.

  • Group II Principal Remittance Amount With respect to any Distribution Date, the sum of the amounts described in clauses (i) through (iii) of the definition of Group II Principal Distribution Amount.

  • Group I Principal Remittance Amount With respect to any Distribution Date, the sum of the amounts described in clauses (i) through (iii) of the definition of Group I Principal Distribution Amount.

  • Available Finance Charge Collections means, for any Monthly Period, an amount equal to the sum of (a) the Investor Finance Charge Collections for such Monthly Period, (b) the Series 2012-1 Excess Finance Charge Collections for such Monthly Period, (c) Principal Accumulation Investment Proceeds, if any, with respect to the related Transfer Date, (d) interest and earnings on funds on deposit in the Reserve Account which will be deposited into the Finance Charge Account on the related Payment Date to be treated as Available Finance Charge Collections pursuant to Section 4.10(a), and (e) amounts, if any, to be withdrawn from the Reserve Account which will be deposited into the Finance Charge Account on the related Transfer Date to be treated as Available Finance Charge Collections pursuant to Section 4.10(c).

  • Monthly Excess Interest Amount With respect to each Distribution Date, the amount, if any, by which the Interest Funds for such Distribution Date exceeds the aggregate amount distributed on such Distribution Date pursuant to Section 4.04(b) (other than the last clause thereof).

  • Servicing Advance Reimbursement Amounts As defined in Section 3.22.

  • Monthly Servicing Report shall have the meaning attributed to such term in the Servicing Agreement.

  • Monthly Principal Reallocation Amount means, for any Monthly Period, an amount equal to the sum of:

  • Finance Charge Shortfall shall have the meaning specified in Section 4.09.

  • Yield Supplement Overcollateralization Amount means, with respect to any calendar month and the related Payment Date, or with respect to the Closing Date, the aggregate amount by which the Principal Balance as of the last day of the related Collection Period or the Cutoff Date, as applicable, of each of the related Receivables with an APR as stated in the related contract of less than the Required Rate, other than Defaulted Receivables, exceeds the present value, calculated by using a discount rate equal to the Required Rate, of each scheduled payment of each such Receivables assuming such scheduled payment is made on the last day of each month and each month has 30 days.

  • Additional Servicing Fee means, for any Collection Period, if a successor Servicer has been appointed pursuant to Section 8.2 of the Sale and Servicing Agreement, the amount, if any, by which (i) the compensation payable to such successor Servicer for such Collection Period exceeds (ii) the Monthly Servicing Fee for such Collection Period.