Realizable Fee definition

Realizable Fee means all user fees and any other revenues due and realizable under the Concession Agreement where Fee means the charge levied on and payable by a User using any of the Project Facilities or a part thereof, in accordance with the Concession Agreement and any other income derived directly or indirectly from the operations of the Project Facilities including but not limited to rental and other payments received from sub-lessees, if any and all other revenues accruing from the use of the Project Facilities, but excluding payments and/or monies collected by the Concessionaire for and on behalf of any Government Instrumentality under Applicable Law;
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Realizable Fee means all the Fee due and realizable under this Agreement but does not include Fee that the Concessionaire has not been able to realize after due diligence and best efforts.
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Examples of Realizable Fee in a sentence

  • Realizable Fee means all Fee due and realizable under the Concession Agreement where Fee means the charge levied on and payable by a User using any of the Project Facilities or a part thereof, in accordance with the Concession Agreement and any other income derived directly or indirectly from the operations of the Project Facilities including but not limited to rental and other payments received from sub-lessees, if any and all other revenues accruing from the use of the Project Facilities).

  • The Price Bids will be evaluated for the Project on the basis of the highest revenue share (to be quoted in percentage as well as words by Bidders in their Price Bids) over and above 5% (five percent) of the Realizable Fee (the "Revenue Share") to be paid by a Bidder as per clause 1.2.7.

  • We hereby understand and agree that the Price Bids will be evaluated for the Project on the basis of the highest revenue share on and above 5% (five percent) of the Realizable Fee (the "Revenue Share").

  • For the avoidance of doubt, and by way of illustration, if the Premium for the 1st year after Project Completion Date is 3.5% (three point five per cent) of the total Realizable Fee in that year, then the premium for the 2nd year shall be equal to 4.5% (four point five per cent) of the total Realisable Fee for that year.

  • However if the concessionaire pays a further premium of 25% of the Realizable Fee then it can keep the contract duration unchanged.

  • However, the revenues earned from such additional facilities shall form the part of the Total Realizable Fee.

  • It is hereby understood and, for abundant clarity, reiterated that as per your Price Bid, the percentage Revenue Share (in terms of percentage share of Realizable Fee) payable by you to the Authority, in terms of the RFQ-cum-RFP and the Concession Agreement, over and above the reserve revenue share of 5% (five percent) of the Realizable Fee, isand the Total Revenue Share payable by you to the Authority is of the Realizable Fee.

  • The Authority may, in order to satisfy itself that the Concessionaire is reporting its Realizable Fee honestly and faithfully, depute its representatives to the Project, centralized controls of automatic fee collection system and the offices of the Concessionaire, and undertake such other measures and actions as it may deem necessary, to ascertain the actual revenues from fees.

  • For the avoidance of doubt, Realizable Fee for any comparable period shall be calculated with reference to the traffic determined hereunder.

  • Notwithstanding anything to the contrary contained in this Agreement, but subject to the provisions of Clause 12.2.B, a sum equal to 5% (five per cent) of the total Realizable Fee for the year immediately preceding the Transfer Date shall be retained in the Escrow Account for a period of 120 (one hundred and twenty) days after Termination for meeting the liabilities, if any, arising out of or in connection with the provisions of Clause 18.1.

Related to Realizable Fee

  • Current Assessed Value means the assessed value of the District certified by the municipal assessor as of April 1st of each year that the District remains in effect.

  • Annualized Interest Expense means, for the four consecutive quarters ending on each Reporting Date, the Operating Partnership’s Pro Rata Share of interest expense, with other adjustments as are necessary to exclude the effect of items classified as extraordinary items, in accordance with generally accepted accounting principles, reduced by amortization of debt issuance costs and adjusted to reflect the assumption that (i) any interest expense related to indebtedness incurred since the first day of such four-quarter period is computed as if such indebtedness had been incurred as of the beginning of such period, and (ii) any interest expense related to indebtedness that was repaid or retired since the first day of such four-quarter period is computed as if such indebtedness had been repaid or retired as of the beginning of such period (except that, in making such computation, the amount of interest expense related to indebtedness under any revolving credit facility shall be computed based upon the average daily balance of such indebtedness during such four-quarter period).

  • Net Finance Charges means, for the Reference Period, the Finance Charges according to the latest Financial Report(s), after deducting any interest payable for that Reference Period to any member of the Group and any interest income relating to cash or cash equivalent investment.

  • Liquidation Fee Rate With respect to each Specially Serviced Mortgage Loan or REO Property as to which a Liquidation Fee is payable, 1.0%.

  • Net Earned Premium as used herein is defined as gross earned premium of the Company for the classes of business reinsured hereunder, less the earned portion of premiums ceded by the Company for reinsurance which inures to the benefit of this Contract and less dividends paid or accrued.

  • Liquidity Expenses means all Liquidity Obligations other than (i) the principal amount of any Drawings under the Liquidity Facilities and (ii) any interest accrued on any Liquidity Obligations.

  • LPMI Fee With respect to each LPMI Loan, the portion of the Mortgage Interest Rate as set forth on the related Mortgage Loan Schedule (which shall be payable solely from the interest portion of Monthly Payments, Insurance Proceeds, Condemnation Proceeds or Liquidation Proceeds), which, during such period prior to the required cancellation of the LPMI Policy, shall be used to pay the premium due on the related LPMI Policy.

  • Non-Performance Charge means the charge applicable to Capacity Performance Resources as defined in Tariff, Attachment DD, section 10A(e). Nonincumbent Developer:

  • Management Fee has the meaning given in Section 4.1.

  • Monthly Earnings means your gross monthly income from your Employer, not including shift differential, in effect just prior to your date of disability. It includes your total income before taxes. It is prior to any deductions made for pre-tax contributions to a qualified deferred compensation plan, Section 125 plan or flexible spending account. It does not include income received from commissions, bonuses, overtime pay or any other extra compensation or income received from sources other than your Employer.

  • Unused Fee has the meaning specified in Section 2.09(a).

  • net earnings means such earnings as are calculated in accordance with paragraph 42 or 52, as the case may be;

  • Expense Fee Rate As to each Mortgage Loan, the sum of (a) the related Servicing Fee Rate and (b) the Trustee Fee Rate.

  • Consolidated Depreciation and Amortization Charges means, for any period, the aggregate of all depreciation and amortization charges for fixed assets, leasehold improvements and general intangibles (specifically including goodwill) as well as impairments thereof and any losses traced to the write-off of goodwill, fixed assets, leasehold improvements and general intangibles associated with the disposal or exiting of a business of the Company or any of its Subsidiaries for such period, all as determined on a Consolidated basis and in accordance with GAAP.

  • Workout Fee With respect to each Corrected Mortgage Loan, the fee designated as such and payable to the Special Servicer pursuant to the second paragraph of Section 3.11(c).

  • Handling Fee means the fee payable per Ticket transaction or order, charged in addition to the Face Value of the Ticket, for the processing and delivery of Tickets in that transaction or order (including United Kingdom value added tax thereon);

  • Deferred Sales Charge Payment Dates means the dates specified for deferred sales fee installments under "Investment Summary--Fees and Expenses" in the Prospectus for the Trust.

  • 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.

  • Target fee, as used in this contract, means the fee initially negotiated on the assumption that this contract would be performed for a cost equal to the estimated cost initially negotiated, adjusted in accordance with paragraph (d) of this clause.

  • Applicable Fee Rate means, at any time, the percentage rate per annum at which Commitment Fees are accruing on the unused portion of the Aggregate Commitment at such time as set forth in the Pricing Schedule.

  • Net Premium means the premium, net of reinsurance premiums paid, HRA and GME payments, and MCO tax expenses.

  • Equalized assessed value means the assessed value of a property divided by the current average ratio of assessed to true value for the municipality in which the property is situated, as determined in accordance with sections 1, 5, and 6 of P.L.1973, c.123 (C.54:1-35a through C.54:1-35c).

  • Finance Charges means, with respect to a Contract, any finance, interest, late payment charges or similar charges owing by an Obligor pursuant to such Contract.

  • Net earnings available for fixed charges means net income after deducting operating and maintenance expenses, taxes other than federal and state income taxes, depreciation, and depletion, but excluding extraordinary expenses appearing in the regular financial statements of the system.