Examples of Operating Fee in a sentence
The O&M Operator expressly agrees that any such extension shall be on the terms and conditions agreed under this Contract and the fee payable to the O&M Operator shall be the Quoted Operating Fee for the renewed period as mentioned in Part B of Annexure 2 and as adjusted in accordance with Clause 6 and 7 of this Contract and it shall continue to provide the Services and Supply the Consumable in accordance with the terms and conditions set out in this Contract.
The Management Company Fee shall be part of the Administrative and Operating Fee detailed below.
Minimum Charge per MonthThe minimum charge per Month will be the aggregate of the Basic Charge, Demand Charges and the Municipal Operating Fee charge (where applicable and calculated in accordance with the approved methodology).
Other Aspects of the Operating Fee MethodologyThe Board has not substantially modified the current three-tier operating fee schedule since 1993.
The Directors may reduce the Investment Management Fee.*** The Administrative and Operating Fee is equal to a percentage (as specified in the table Summary of Shares above) of the Net Asset Value of the relevant Share Class and shall be calculated in the same manner as the calculation of the Investment Management Fee.