FIXED FACILITY USE FEE Clause Samples

FIXED FACILITY USE FEE. EMSI will pay to UTMB a Fixed Facility Use Fee in the amount of $15,000 per month for the use of one incinerator unit. In the event Contractor utilizes both incinerators, an additional Fixed Facility Use Fee of $750 per day will be due for each 24 hour period, or portion thereof, that the second unit is used by Contractor. This Daily Use Fee will begin being due when the total plant volume has exceeded 985,000 pounds in a single month. Once this threshold has been reached and from that point forward, the Daily Use Fee for the use of the second unit will be due for each 24 hours period in which the second unit is used. Payment to UTMB for this use will based on documented usage, supported by the computerized operations record for both units. Copies of the incinerator use graphs for the given month will be submitted in support of the payments. Each month, for up to four consecutive 24 hour periods, the contractor shall have use of the second unit without a daily use fee for the purpose of performing maintenance on the other operating unit. For this credit to be given the number one unit (or primary unit) must be operational and only down for normal preventive maintenance and the monthly facility fees for the first unit must have been paid to UTMB and all of the contractors accounts current with UTMB.
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FIXED FACILITY USE FEE. The Contractor will pay to UTMB a Fixed Facility Use Fee in the amount of $15,000 PER MONTH for the use of one incinerator unit. In the event Contractor utilizes both incinerators, an additional Fixed Facility Use Fee of $750 PER DAY will be due for each 24 hour period, or portion thereof, that the second unit is used by Contractor. This Daily Use Fee will begin being due when the total plant volume has exceeded 985,000 pounds in a single month. Once this threshold has been reached and from that point forward, the Daily Use Fee for the use of the second unit will be due for each 24 hours period in which the second unit is used. Payment to UTMB for this use will based on documented usage, supported by the computerized operations record for both
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Related to FIXED FACILITY USE FEE

  • Unused Facility Fee A quarterly Unused Facility Fee equal to one quarter of one percent (0.25%) per annum of the difference between the Revolving Line and the average outstanding principal balance of Advances during the applicable quarter, which fee shall be payable within five (5) days of the last day of each such quarter and shall be nonrefundable; and

  • Non-Use Fee The Company agrees to pay to the Administrative Agent for the account of each Lender a non-use fee, for the period from the Closing Date to the Termination Date, at the Non-Use Fee Rate in effect from time to time of such Lender’s Pro Rata Share (as adjusted from time to time) of the unused amount of the Revolving Commitment. For purposes of calculating usage under this Section, the Revolving Commitment shall be deemed used to the extent of Revolving Outstandings. Such non-use fee shall be payable in arrears on the last day of each calendar quarter and on the Termination Date for any period then ending for which such non-use fee shall not have previously been paid. The non-use fee shall be computed for the actual number of days elapsed on the basis of a year of 360 days.

  • Construction Phase Fee Contractor’s Construction Phase Fee is the maximum amount payable to Contractor for any cost or profit expectation incurred in the performance of the Work that is not specifically identified as being eligible for reimbursement by Owner elsewhere in this Agreement. References in the UGSC to Contractor’s “overhead” and “profit” mean Contractor’s Construction Phase Fee. The Construction Phase Fee includes, but is not limited to, the following items: 9.1 All profit, profit expectations and costs associated with profit sharing plans such as personnel bonuses, incentives, and rewards; company stock options; or any other like expenses of Contractor.

  • Facility Fee The Borrower shall pay to the Administrative Agent for the account of each Lender in accordance with its Pro Rata Share, a facility fee (the “Facility Fee”) equal to the Applicable Rate times the actual daily amount of the Aggregate Commitments (or, if the Aggregate Commitments have terminated, on the Outstanding Amount of all Committed Loans, Swing Line Loans and L/C Obligations), regardless of usage, subject to adjustment as provided in Section 2.17. The Facility Fee shall accrue at all times during the Availability Period (and thereafter so long as any Committed Loans, Swing Line Loans or L/C Obligations remain outstanding), including at any time during which one or more of the conditions in Article IV is not met, and shall be due and payable quarterly in arrears on the last Business Day of each March, June, September and December, commencing with the first such date to occur after the Closing Date, and on the last day of the Availability Period (and, if applicable, thereafter on demand). The Facility Fee shall be calculated quarterly in arrears, and if there is any change in the Applicable Rate during any quarter, the actual daily amount shall be computed and multiplied by the Applicable Rate separately for each period during such quarter that such Applicable Rate was in effect.

  • Utilization Fee If the aggregate outstanding amount of (i) all Revolving Credit Advances hereunder and (ii) all "Revolving Credit Advances" under (and as defined in) the Three-Year Agreement exceeds thirty-three percent (33%) of the aggregate amount of (x) all Commitments hereunder and (y) all "Commitments" under (and as defined in) the Three-Year Agreement then in effect on such date (or, if any of the Commitments or "Commitments" have been terminated, the aggregate amount of all Commitments and "Commitments" in effect immediately prior to such termination), the Borrower will pay to the Agent for the ratable benefit of the Lenders a utilization fee (the "Utilization Fee") at a per annum rate equal to the Applicable Utilization Fee Rate in effect from time to time payable on the aggregate outstanding amount of all Revolving Credit Advances on such date, payable in arrears quarterly on the last day of each March, June, September and December, and on the Revolver Termination Date.