Collection Rates Clause Samples

The Collection Rates clause defines the specific fees or percentages that a party is entitled to collect for services rendered, typically in the context of debt recovery or payment processing. It outlines how these rates are calculated, such as a fixed percentage of amounts recovered or a flat fee per transaction, and may specify different rates for various types of accounts or services. This clause ensures transparency and predictability in financial arrangements, helping both parties understand the costs involved and preventing disputes over compensation.
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Collection Rates. As of the effective date of this Agreement, the CONTRACTOR shall provide Collection Service for each type of service according to the Collection Rates shown in the corresponding Exhibits to this Contract, which are incorporated herein; unless specifically and expressly authorized by this Agreement, CONTRACTOR shall not impose any other charges or assessments of any kind whatsoever to the Customer or the TOWN.
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Collection Rates. ‌ 9.2.1 Pursuant to Chapter 8.12 (“Solid Waste Management”) of the County Code, Franchisee may only charge rates approved by the Board of Supervisors for the services performed or rendered under this Agreement. The rates in effect as of the Effective Date of this Agreement are set forth in Exhibit B attached hereto and incorporated herein by this reference. 9.2.2 In the interest of maintaining affordable services for the residents and businesses located within the Franchise Area, the following are the only permissible adjustments to the rates approved by the Board of Supervisors as of the Effective Date:
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Collection Rates. 8.2.1 Pursuant to County Code Chapter 8.12, Franchisee may only charge rates approved by the Board for the services performed or rendered under this Agreement.
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Collection Rates. Collection rates including, without limitation, the rates in the matrix set forth in Section 9.1 but excluding Yardwaste sticker and Yardwaste subscription prices, will remain fixed until April 30, 2021. Thereafter, all such collection rates will adjust annually based on the change in the 12 previous months (May through April) Consumer Price Index (CPI-U) for Chicago-Kenosha-▇▇▇▇ – All items, with a 1.5% minimum adjustment and a 3.5% maximum adjustment each May 1 of the Contract term.
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Collection Rates. If you cannot return a Scooter to a valid area (that is, deactivate the Scooter in a restricted area) and request that GO ON pick it up, GO ON may, at its sole discretion, charge you a fee of up to $ 150. If any Scooter Accessed under your account is abandoned without prior notice, you will be responsible for all Travel Rates until the Scooter is recovered and deactivated, plus a service charge (currently $ 150) to recover the Scooter. All rates are subject to change at the sole discretion of GO ON. PENALTIES: The penalty for parking in a restricted area con go from $50 to $150 and the areas can change constantly so be sure to check them out and be vigilant about them.
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Collection Rates. Franchisee shall provide the collection, recycling, transportation and disposal services required under this Agreement for the rates set forth in the Service Rate Schedule attached hereto and incorporated herein as Exhibit B, as the same may be adjusted in accordance with this Agreement.
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Collection Rates. Collection Rates shall consist of the following components: l) a Collection Component; 2) a Disposal Tipping Fee Component; 3) a Compostable Processing Fee Component; 4) a Retroactive Disposal Tipping Fee Component; and 5) a Retroactive Compostable Processing Fee Component, and such other components as may be added by mutual agreement of the parties during the Term of this Agreement. Each component has been established at the inception of this Agreement based on cost data provided by the Contractor and may be adjusted pursuant to the terms of this Article and other applicable provisions of this Agreement. Contractor may submit a request for annual Rate adjustment by October 1 of each year. City, or its designee, may review Contractor’s calculations for accuracy and conformity to the methodology set forth in Section 7.3 and Exhibit C. The annual Rate adjustment calculated in accordance with that methodology shall take effect January 1 of each year. Contractor will reimburse City's cost to perform the review up to a maximum of $5,000 per year.
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Collection Rates a. The Council of the City of Monterey shall approve Franchisee collection rates. Collection rates established by Council will be charged by Franchisee for all services. Franchisee shall retain revenues received for the sale of Recyclables including California Redemption Value revenues. Such revenues have been considered in the establishment of rates for services provided under this Agreement. Initial rates shall be as set forth in City Council Resolution No. 19-053 ▇.▇. ▇. Net profit by Franchisee before taxes in any one year is limited to seven percent (7%) of gross sales (“Reasonable Profitability”). Franchisee agrees to apply any portion of net income above and beyond this maximum allowable gross profit toward improvements that enhance operations in response to service requirements, or, alternatively, reduce rates, at City’s option.
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Related to Collection Rates

  • Applicable Interest Rates (a) U.S.

  • Applicable Interest Rate 5.10.1 In respect of Pre-Delivery Interest Periods or Interest Periods pursuant to Clause 5.3.1 and subject to Clause 5.3.1, Clause 5.12 and Clause 6, the rate of interest applicable to the Loan (or relevant part in the case of the division of the Loan under Clause 5.8) during a Pre-Delivery Interest Period or an Interest Period shall be the Floating Interest Rate. 5.10.2 In respect of Interest Periods pursuant to Clause 5.3.2 and subject to Clause 5.3.2, Clause 5.12 and Clause 6, the rate of interest applicable to the Loan (or relevant part in the case of the division of the Loan under Clause 5.8) during an Interest Period shall be the Fixed Rate.

  • Collection Practices; Escrow Deposits; Interest Rate Adjustments The origination, servicing and collection practices used by the Seller and the Interim Servicer with respect to the Mortgage Loan have been in all respects in compliance with Accepted Servicing Practices, applicable laws and regulations, and have been in all respects legal and proper. With respect to escrow deposits and Escrow Payments, all such payments are in the possession of, or under the control of, the Seller or the Interim Servicer and there exist no deficiencies in connection therewith for which customary arrangements for repayment thereof have not been made. All Escrow Payments have been collected in full compliance with state and federal law and the provisions of the related Mortgage Note and Mortgage. An escrow of funds is not prohibited by applicable law and has been established in an amount sufficient to pay for every item that remains unpaid and has been assessed but is not yet due and payable. No escrow deposits or Escrow Payments or other charges or payments due the Seller have been capitalized under the Mortgage or the Mortgage Note. All Mortgage Interest Rate adjustments have been made in strict compliance with state and federal law and the terms of the related Mortgage and Mortgage Note on the related Interest Rate Adjustment Date. If, pursuant to the terms of the Mortgage Note, another index was selected for determining the Mortgage Interest Rate, the same index was used with respect to each Mortgage Note which required a new index to be selected, and such selection did not conflict with the terms of the related Mortgage Note. The Seller or the Interim Servicer executed and delivered any and all notices required under applicable law and the terms of the related Mortgage Note and Mortgage regarding the Mortgage Interest Rate and the Monthly Payment adjustments. Any interest required to be paid pursuant to state, federal and local law has been properly paid and credited;

  • Interest Rates All outstanding Term Loans to the Borrower shall bear interest on the unpaid principal amount thereof (including, to the extent permitted by law, on interest thereon not paid when due) from the date made until paid in full in cash at a rate determined by reference to the Base Rate or Adjusted Term SOFR plus the Applicable Margin, but not to exceed the Maximum Rate. If at any time Term Loans are outstanding with respect to which the Borrower has not delivered to the Agent a notice specifying the basis for determining the interest rate applicable thereto in accordance herewith, those Term Loans shall be treated as Base Rate Loans until notice to the contrary has been given to the Agent in accordance with this Agreement and such notice has become effective. Except as otherwise provided herein, the Term Loans shall bear interest as follows: (i) For all Base Rate Loans, at a fluctuating per annum rate equal to the Base Rate plus the Applicable Margin; and (ii) For all SOFR Rate Loans, at a fluctuating per annum rate equal to Adjusted Term SOFR plus the Applicable Margin. Each change in the Base Rate (or any component thereof) shall be reflected in the interest rate applicable to Base Rate Loans as of the effective date of such change. All computations of interest for Base Rate Loans when the Base Rate is determined by the “prime rate” shall be made on the basis of a year of 365 or 366 days, as the case may be, and actual days elapsed. All other computations of fees and interest shall be made on the basis of a 360-day year and actual days elapsed (which results in more fees or interest, as applicable, being paid than if computed on the basis of a 365-day year). On the last Business Day of each calendar quarter hereafter and on the Termination Date, the Borrower shall pay to the Agent, for the ratable benefit of the Lenders, interest accrued from the last Business Day of the preceding calendar quarter to the last Business Day of such calendar quarter (or accrued to the Termination Date in the case of a payment on the Termination Date) on all Base Rate Loans in arrears. The Borrower shall pay to the Agent, for the ratable benefit of the Lenders, interest on all SOFR Rate Loans in arrears on each SOFR Interest Payment Date.

  • Determination of Applicable Interest Rate As soon as practicable on each Interest Rate Determination Date, Bank shall determine (which determination shall, absent manifest error in calculation, be final, conclusive and binding upon all parties) the interest rate that shall apply to the LIBOR Advances for which an interest rate is then being determined for the applicable Interest Period and shall promptly give notice thereof (in writing or by telephone confirmed in writing) to Borrower.