Use Charges definition
Examples of Use Charges in a sentence
A Shareholder may elect, by notice in writing, to pay the Use Charge (plus any Additional Use Charges) in 12 monthly instalments (a ‘Monthly Payment Election’).
Each Air Transportation Company’s share of Joint Use Charges shall be determined by allocating the cost based on each Air Transportation Company’s projected relative share of Enplanements for the upcoming Rate Setting Period.
Subject to Section 9 below, Customer will remain responsible for all Use Charges due under a Lease until the latest to occur of (i) the expiration of the applicable Term, (ii) Customer’s return of the Equipment in accordance with Section 8 below and payment of all sums due upon return of the Equipment, or (iii) Customer’s payment of any Loss Value due hereunder.
In the event that failure to return Equipment to the Owner after the expiration of Free Time is caused by a party other than the User, the Owner may invoice that party for the Use Charges, but such practice shall in no way relieve the User of ultimate responsibility for the use charges.
Upon an Event of Loss, Customer shall pay to ▇▇▇▇▇▇▇▇ the Loss Value of the Equipment (or component thereof), plus (a) all Use Charges relating to such Equipment due but unpaid through the date Customer pays the Loss Value, (b) all labor, drayage, mileage, maintenance, road service, storage, recovery charges, or other charges relating to such Equipment, and (c) the estimated or actual cost, at ▇▇▇▇▇▇▇▇’▇ option, to replace any damaged Monitoring Devices relating to such Equipment.