Utilisation Fee definition

Utilisation Fee means the amount payable by the Company to the Provider for the utilisation of any Flexibility Service, as defined in Schedule 2;

Utilisation Fee has the meaning set forth in Clause 6(d).

Utilisation Fee means the fee payable pursuant to the terms set out in Clause 12.2 (Utilisation fee)

Examples of Utilisation Fee in a sentence

• The airport operations right is initially recognised at cost, being the fair value of Utilisation Fee liability at the date of transfer of control of the ISGIA to ISG and the fair value of other consideration transferred to acquire the asset, which is the fair value of the consideration receivable for the construction services delivered.

• The Utilisation Fee liability is discounted to present value, at a rate of 10.3%.

• In the event the passenger service fees decreases below the amounts set in the Implementation Agreement, 50% of the difference shall be deducted from the Utilisation Fee.

• The Utilisation Fee liability represents the present value of amounts payable to the Administration in accordance with the Implementation Agreement for the operation of the ISGIA for 20 years plus 22 months of extension period.

• The Provider agrees that each invoice issued or accepted by it will include details of, as regards the Flexibility Services to which the invoice relates: the date on and time at which the Flexibility Services were provided; the relevant Availability Fee details (if any); and the relevant Utilisation Fee details (if any).

More Definitions of Utilisation Fee

Utilisation Fee has the meaning set out in the Fee Letter.

Utilisation Fee means an amount equal to 3.32 percent of the Average Outstanding Guaranteed Amount per annum, to be calculated and payable semi-annually

Utilisation Fee has the meaning set forth in Clause 6(d). “Utilisation Fee Rate” means 20 basis points (.20%) per annum.

Utilisation Fee means the fees which are chargeable if the Utilisation is less than the Trigger Level calculated in the manner set out in Clause 3.2(c)(B)and which may be varied by the Bank from time to time.

Utilisation Fee the amount payable by the Company to the Provider for the utilisation of any Flexibility Service, as defined in the Service Terms; and “Zone” the feeding area of the DERs being managed or where the Flexibility Services will be provided and to which the Flexibility Services will be delivered.

Utilisation Fee means any fees payable by the Company pursuant to Clause 12.4 (Utilisation Fee).

Utilisation Fee has the meaning given to it in paragraph (a) of Clause 15.5 (Utilisation Fee).