Payments to the Authority Clause Samples

Payments to the Authority. ‌ (a) All fees, costs and expenses incurred by the Authority shall be funded from: (i) voluntary contributions from third parties, such as grants; (ii) assessments on the General Members, levied from time to time by the Board to carry out the activities of the Authority generally applicable to all Members; and, (iii) assessments, fees and/or charges levied by the Authority under the provisions of SGMA. (b) No General Member shall be bound, financially or otherwise, by any obligation, contract or activity undertaken by the Authority unless and except to the extent agreed upon by the General Member, except that each General Member shall be obligated to fund its then current annual share of the general basic budget of the Authority, provided such budgets are otherwise approved as provided herein. Funding of other matters shall be through Special Activity agreements or as otherwise agreed to by the General and Associate Members. (c) The Associate Members cannot contribute direct funding to the Authority however they will assist in project development technical support, and information sharing including field studies/data, as appropriate.

Payments to the Authority. On each date on which any Finance Document requires an amount to be paid by the Borrower, the Borrower shall make the same available to the Authority by payment in sterling and in immediately available, freely transferable, cleared funds by CHAPS to such account of the Authority with such bank as the Authority shall from time to time have specified for this purpose.

Payments to the Authority. (a) Except as otherwise provided, all fees, costs and expenses incurred by the Authority for general administrative services, such as legal, preparation of audits, and other general administrative functions, and activities related to development and implementation of a GSP for Non-districted Land covered by the Authority’s GSP or GSP chapter shall be funded (i) from permissible contributions from or charges to third parties, including landowners within the Non-districted Land covered by the Authority’s GSP or GSP chapter and (ii) assessments on the Members and Associate Members, levied from time to time by the Board of Directors to carry out the activities of the Authority generally applicable to all General Members and Associate Members, as shown on the attached Exhibit A. Members that were not Members of the Authority prior to the Effective Date (i.e., Members joining the Authority through execution of this Agreement) shall not be obligated to pay assessments to the Authority for any of the debts, liabilities or obligations of the Authority incurred prior to the Effective Date, unless expressly assumed in writing. (b) No Member or Associate Member shall be bound, financially or otherwise, by any obligation, contract or activity undertaken by the Authority unless and except to the extent agreed upon by the Member, except that each Member shall be obligated to fund its then current annual share of the annual budget (i.e., general administrative services, such as legal, preparation of audits, and other general administrative functions) of the Authority, provided such budgets are otherwise approved as provided herein. Funding of other matters shall be through Special Activity agreements or as otherwise agreed to by the Members in writing.

Payments to the Authority. (MbPT and JNPT) License Fee (a) In the event, the Concessionaire exercises the prerogative of utilizing the additional plot of land of ~10,000 sq.m., the Concessionaire shall, as consideration for the use, in its capacity as a bare licensee of the said additional land to be allotted and the equipment comprised in the Port’s Assets, pay to the Concessioning Authority (the “License Fee”) at the prevailing SOR of open land. Such amount shall be paid by the Concessionaire in lump sum annually with an escalation of 4% per annum. (b) Any delay in payment of the amount in the preceding clause (a) shall entail payment of interest @ 10 Year GSec plus 6% (Six percent) per annum on the amount outstanding. Payments of Royalty

Payments to the Authority. The Operator shall make/ensure payments to the Authority as per Article 9.

Payments to the Authority. (MbPT) and JNPT 8.1 Applicable charges to be paid by Operator 8.1.1 Terminal charges and Inter-terminal transfer at JNPT

Payments to the Authority. In consideration of the grant of Concession, the Concessionaire shall pay to the Authority by way of online transfer of funds the Upfront Premium and the Concession Fee in terms hereof. The Concession Fee shall be remitted from the Escrow Account