Common use of Display of Fee rates Clause in Contracts

Display of Fee rates. 27.11.1 The Concessionaire shall, at the beginning of the Project Highway and near the Toll Plaza(s), prominently display the applicable rates of Fee for information of Users approaching from either side of the Project Highway. 27.11.2 The Concessionaire shall, from time to time, inform the MPRDC of the applicable Fee and the detailed calculation thereof. Such information shall be communicated at least 15 (fifteen) days prior to the revision of Fee under and in accordance with the Fee Notification. 27.11.3 The Concessionaire shall not revise, display or collect any amounts in excess of the rates of Fee payable under the Fee Notification. In the event any excess amounts are collected by or on behalf of the Concessionaire, it shall upon receiving a notice to this effect from the MPRDC, refund such excess amounts to the MPRDC along with Damages equal to 25% (twenty five percent) thereof.

Display of Fee rates. 27.11.1 The Concessionaire shall, at the beginning of the Project Highway and near the Toll Plaza(s)Plaza[s], prominently display the applicable rates of Fee for information of Users approaching from either side of the Project Highway. 27.11.2 The Concessionaire shall, from time to timetime , inform the MPRDC of the applicable Fee and the detailed calculation thereofthereof . Such information shall be communicated at least 15 (fifteen15(fifteen) days prior to the revision of Fee under and in accordance with the Fee Notification. 27.11.3 The Concessionaire shall not revise, display or collect any amounts in excess of the rates of Fee payable under the Fee Notification. In the event any excess amounts are collected by or on behalf of the Concessionaire, it shall upon receiving a notice to this effect from the MPRDC, refund such excess amounts to the MPRDC along with Damages equal to 25% (twenty five percent) thereof.