Operational Fee definition
Examples of Operational Fee in a sentence
For each successive month that a failure to meet the requirement(s) continues, the assessment may be increased up to ten percent (10%) of the monthly operational payment amount and the limit in Section A-8.2 does not apply 10% of Monthly Operational Fee - currently $251,000 per month.
Fees Payable by the ASP Enrolment Report and Operational Fees The ASP must pay to TCA the Operational Fee set out in Annexure 3.
Invoicing and Payment Terms TCA will issue the ASP with an invoice for the Operational Fee once each calendar month.
The TPA will pay one Operational Fee to the Practice Group for each Billable Course of Care.
Program Operational Fee shall be a flat-rate percentage for the advance payment of commuter ride programs for the life of this Contract.
The Operational Fee shall not be payable when the ASP is by virtue of Force Majeure unable to provide Application Services.
The calculation of the Operational Fee shall be based on the fee as set out in Annexure 3 multiplied by the number of vehicles monitored for each calendar month, or part thereof, as specified in the Enrolment Report issued to TCA or the relevant Authority(ies) in accordance with the Functional and Technical Specification.
Operational Fee – A volumetric fee expressed in $/kWh, set out in any Price and Term Appendix if applicable that Aggregator may, at its sole discretion, direct the Competitive Supplier to (i) include in Retail Prices, and (ii) collect and remit to Aggregator any funds resulting from such fee pursuant to Article 18.10 of this ESA.
Competitive Supplier shall make monthly Consultant Fee and Operational Fee payments on behalf of Participating Consumers over the Term of this ESA by multiplying the applicable rate by the actual usage of Participating Consumers for which payment has been received by the Competitive Supplier.
If Woodbridge and CareMatrix enter into the Operational Agreement, CareMatrix agrees to provide, at Woodbridge's option, to Woodbridge a working capital loan (the "Working Capital Loan") equal to the projected Operational Fee payable to CareMatrix during the first three (3) years of operation of the Project.