Upgrade Charge definition

Upgrade Charge has the meaning given to it in paragraph 5.6 of the Big Pond Direct Price List.
Upgrade Charge is the additional amount payable by Nalcor in respect of an Upgrade which shall be determined by:
Upgrade Charge means the amount agreed by the parties and specified in Schedule 4 (including any interest or other charges payable to the Finance Provider), to be declared and levied as a charge on the Land by the Council following the date of this Agreement, payable by the Building Owner to the Council for the purpose of recouping the Finance in accordance with this Agreement, the LGA and Regulations;

Examples of Upgrade Charge in a sentence

  • Divisions 1, 2 and 3 of Part 8 of the Local Government Act (other than sections 154, 156, 172, 175, 177 (as affected by section 181C(7)), 178, 180 and 181) does not apply in relation to the levying, payments and review of the Environmental Upgrade Charge.

  • Part 8 of the Local Government Act (other than sections 154, 156, 172, 175 to 178 (both inclusive), 180 and 181) does not apply in relation to the levying, payments and review of the Environmental Upgrade Charge.

  • If MCC waives or defers the imposition of the Environmental Upgrade Charge in accordance with clause 5.8(b)(iv), MCC is not liable to the Lending Body for the Environmental Upgrade Charge which has been waived or deferred.

  • The DISIS report shall provide a list of facilities that are required as a result of the Interconnection Requests and a non-binding good faith Preliminary Estimated Upgrade Charge estimate of cost responsibility and a nonbinding good faith estimated time to construct.

  • Preliminary Estimated Upgrade Charge - The estimated charge for Upgrades that is developed using unit costs and is presented in the System Impact Study report and Interim Interconnection Agreement.

  • If the third attempt at direct debit is unsuccessful then The City of Newcastle will instruct its debt recovery service provider to send a Demand Letter to the Building Owner seeking recovery of the outstanding Environmental Upgrade Charge amount, together with the payment of accrued penalty interest and direct debit dishonour fees.

  • C The Council will levy an Environmental Upgrade Charge pursuant to Part 2A of Chapter 6 of the Local Government Act in relation to the land on which the Building is situated for the purpose of the Building Owner repaying the funding provided by the Finance Provider and paying other amounts to the Council.

  • If an Interim Interconnection Agreement, this Agreement documents the Utility’s ability to interconnect the Generating Facility and provides the Preliminary Estimated Interconnection Facilities Charge and the Preliminary Estimated System Upgrade Charge that was developed in the System Impact Study.

  • Moneys paid to the Council in relation to the Environmental Upgrade Charge (other than any Administrative Costs) must be held, pending its payment to the Finance Provider, in a separate account in the Council’s trust fund on trust for the Finance Provider.

  • The Building Owner agrees to repay the Funding Amount in accordance with clause 5 (Environmental Upgrade Charge Payments) and Schedule 3 - Agreed Repayment Arrangements.


More Definitions of Upgrade Charge

Upgrade Charge means any of Upgrade Charge 1, Upgrade Charge 2A, Upgrade Charge 2B, Upgrade Charge 3 and/or Upgrade Charge 4, each being as defined in and payable under Part 2 of Schedule 7 of the Track Access Agreement; West Midlands Franchise means the rights tendered by the Secretary of State on 31 October 2006 to operate railway passenger services to and from London, Northampton, Rugby, Coventry, Birmingham, Wolverhampton, Shrewsbury, Stafford, Crewe and Liverpool amongst others; and West Midlands Franchisee means the franchisee of the West Midlands Franchise; and