HCF Clause Samples

HCF. (a) HCF for each Financial Year is calculated as follows:- HCF = [OFC + DC + MC] x Where:- OFC is the aggregate of all Fixed Operating Costs for the Financial Year; DC is other expenditure (not being Capital Expenditure) incurred by the Operator for the operation and maintenance of the Terminal (including any Operator's margin) for that Financial Year and reimbursable by DBCT Management pursuant to the Operation & Maintenance Contract; MC is the minor Capital Expenditure for the Terminal (not included in DC) in the relevant Financial Year, to a maximum of $3 million; ACT is the higher of the User's Annual Contract Tonnage or the tonnage of Coal actually Shipped by it in the relevant Financial Year; and TACT is the total of the annual contract tonnages (or if an Access Holder's actual tonnage Shipped is greater than its annual contract tonnage, the actual tonnage Shipped) of all Access Holders for each relevant Financial Year. For clarification, tonnages referred to in this clause include Reference Tonnages and Non-Reference Tonnages. (b) As soon as practicable after each 31 May, having consulted with the Operator, DBCT Management must advise the User in writing of the estimated HCF payable by the User during the forthcoming Financial Year.
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HCF. ‌ (a) HCF for each Financial Year is calculated as follows:- HCF = [OFC + DC + MC] x Where:- OFC is the aggregate of all Fixed Operating Costs for the Financial Year in respect of the relevant Terminal Component; DC is other expenditure (not being Capital Expenditure) incurred by the Operator for the operation and maintenance of the relevant Terminal ComponentTerminal (including any Operator's margin) for that Financial Year and reimbursable by DBCT Management pursuant to the Operation & Maintenance Contract; MC is the minor Capital Expenditure for the relevant Terminal ComponentTerminal (not included in DC) in the relevant Financial Year, to a maximum of $3 million; ACT is the higher of the User's Annual Contract Tonnage or the tonnage of Coal actually Shipped by it in the relevant Financial Year; and TACT is the total of the annual contract tonnages (or if an Access Holder's actual tonnage Shipped is greater than its annual contract tonnage, the actual tonnage Shipped) of all Access Holders for each relevant Financial Year relevant Terminal Component. For clarification, tonnages referred to in this clause include Reference Tonnages and Non-Reference Tonnages. (b) As soon as practicable after each 31 May, having consulted with the Operator, DBCT Management must advise the User in writing of the estimated HCF payable by the User during the forthcoming Financial Year in respect of the relevant Terminal Component.
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HCF. (a) HCF for each Financial Year in respect of the Terminal Component is calculated as follows: 𝐻𝐶𝐹 = [𝑂𝐹𝐶 + 𝐷𝐶 + 𝑀𝐶]𝑥 Where: 𝑇𝐴𝐶𝑇 OFC is the aggregate of all Fixed Operating Costs for the Financial Year in respect of the relevant Terminal Component; DC is other expenditure (not being Capital Expenditure) incurred by the Operator for the operation and maintenance of the relevant Terminal Component (including any Operator's margin) for that Financial Year and reimbursable by DBIM pursuant to the Operation & Maintenance Contract; MC is the minor Capital Expenditure for the relevant Terminal Component (not included in DC) in the relevant Financial Year, to a maximum of $3 million; ACT is the User's Annual Contract Tonnage in respect of the relevant Terminal Component; and TACT is the total of the annual contract tonnages (or if an Access Holder's actual tonnage Shipped is greater than its annual contract tonnage, the actual tonnage Shipped) of all Access Holders for each relevant Financial Year in respect of the relevant Terminal Component. (b) As soon as practicable after each 31 May, having consulted with the Operator, DBIM must advise the User in writing of the estimated HCF payable by the User during the forthcoming Financial Year in respect of the relevant Terminal Component.
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Related to HCF

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  • Management Plan The Management Plan is the description and definition of the phasing, sequencing and timing of the major Individual Project activities for design, construction procurement, construction and occupancy as described in the IPPA.

  • NETLINK MANAGEMENT PTE LTD. (in its capacity as trustee of NetLink Trust) (Company Registration Number: 201704784C), a company incorporated in Singapore with its registered address at ▇▇▇▇ ▇▇▇▇ ▇▇▇▇ Road, #07-03 Viva Business Park Singapore 469005 (“NLT”) AND

  • Management; Community Policies Owner may retain employees and management agents from time to time to manage the Property, and Owner’s agent may retain other employees or contractors. Resident, on behalf of himself or herself and his or her Guests, agrees to comply fully with all directions from Owner and its employees and agents, and the rules and regulations (including all amendments and additions thereto, except those that substantially modify the Resident’s bargain and to which Resident timely objects) as contained in this Agreement and the Community Policies of the Property. The Community Policies are available at ▇▇▇▇▇://▇▇▇▇▇▇▇▇▇▇▇▇▇▇.▇▇▇/policies.pdf or on request from the management office and are considered part of this Agreement.

  • Construction Management Plan Contractor shall prepare and furnish to the Owner a thorough and complete plan for the management of the Project from issuance of the Proceed Order through the issuance of the Design Professional's Certificate of Material Completion. Such plan shall include, without limitation, an estimate of the manpower requirements for each trade and the anticipated availability of such manpower, a schedule prepared using the critical path method that will amplify and support the schedule required in Article 2.1.5 below, and the Submittal Schedule as required in Article 2.2.3. The Contractor shall include in his plan the names and resumés of the Project Superintendent, Project Manager and the person in charge of Safety.