Common use of Annual Report Clause in Contracts

Annual Report. A. Concessionaire shall submit to Department, no later than October 15th following each Term this Agreement is in effect, an Annual Financial Statement (“Annual Report”) for the prior Term. Each Annual Report shall be signed, dated, and certified by Concessionaire, Concessionaire’s Bookkeeper, or Accountant, and contain the following: Total Gross Revenue, New Jersey State Sales Tax, Operating Expenses, and Net Profit from State Park Concession Operations. Failure on the part of Concessionaire to submit the Annual Report, when due, shall constitute a material breach of this Agreement and will result in the automatic non-Renewal of this Agreement if any potential Renewal Term(s) remain. Concessionaire shall provide Department with any additional clarification and/or information necessary to confirm the accuracy of Concessionaire’s Annual Report.

Annual Report. A. Concessionaire shall submit to Department, no later than October 15th following each Term this the Agreement is in effect, an Annual Financial Statement (“Annual Report”) for the prior Term. Each Annual Report shall be signed, dated, and certified by Concessionaire, Concessionaire’s Bookkeeper, or Accountant, and contain the following: Total Gross Revenue, New Jersey State Sales Tax, Operating Expenses, and Net Profit from State Park Concession Operations. Failure on the part of Concessionaire to submit the Annual Report, when due, shall constitute a material breach of this the Agreement and will result in the automatic non-Renewal of this the Agreement if any potential Renewal Term(s) remain. Concessionaire shall provide Department with any additional clarification and/or information necessary to confirm the accuracy of Concessionaire’s Annual Report.

Annual Report. A. Concessionaire shall submit to Department, no later than October 15th following each Term this Period of Operation the Agreement is in effect, an Annual Financial Statement (“Annual Report”) for the prior TermPeriod of Operation. Each Annual Report shall be signed, dated, and certified by Concessionaire, Concessionaire’s Bookkeeper, or Accountant, and contain the following: Total Gross Revenue, New Jersey State Sales Tax, Operating Expenses, and Net Profit from State Park Concession Operations. Failure on the part of Concessionaire to submit the Annual Report, when due, shall constitute a material breach of this the Agreement and will result in Termination or the automatic non-Renewal of this the Agreement if any potential Renewal Term(s) remain. Concessionaire shall provide Department with any additional clarification and/or information necessary to confirm the accuracy of Concessionaire’s Annual Report.

Annual Report. A. Concessionaire shall submit to Department, no later than October 15th following each Term Period of Operation this Agreement is in effect, an Annual Financial Statement (“Annual Report”) for the prior TermPeriod of Operation. Each Annual Report shall be signed, dated, and certified by Concessionaire, Concessionaire’s Bookkeeper, or Accountant, and contain the following: Total Gross Revenue, New Jersey State Sales Tax, Operating Expenses, and Net Profit from State Park Concession Operations. Failure on the part of Concessionaire to submit the Annual Report, when due, shall constitute a material breach of this Agreement and will result in Termination or the automatic non-Renewal of this Agreement if any potential Renewal Term(s) remain. Concessionaire shall provide Department with any additional clarification and/or information necessary to confirm the accuracy of Concessionaire’s Annual Report.

Annual Report. A. Concessionaire shall submit to Department, no later than October December 15th following each Term this Agreement is in effect, an Annual Financial Statement (“Annual Report”) for the prior Term. Each Annual Report shall be signed, dated, and certified by Concessionaire, Concessionaire’s Bookkeeper, or Accountant, and contain the following: Total Gross Revenue, New Jersey State Sales Tax, Operating Expenses, and Net Profit from State Park Concession Operations. Failure on the part of Concessionaire to submit the Annual Report, when due, shall constitute a material breach of this Agreement and will result in the automatic non-Renewal of this Agreement if any potential Renewal Term(s) remain. Concessionaire shall provide Department with any additional clarification and/or information necessary to confirm the accuracy of Concessionaire’s Annual Report.

Annual Report. A. Concessionaire shall submit to Department, no later than October December 15th following each Term this the Agreement is in effect, an Annual Financial Statement (“Annual Report”) for the prior Term. Each Annual Report shall be signed, dated, and certified by Concessionaire, Concessionaire’s Bookkeeper, or Accountant, and contain the following: Total Gross Revenue, New Jersey State Sales Tax, Operating Expenses, and Net Profit from State Park Concession Operations. Failure on the part of Concessionaire to submit the Annual Report, when due, shall constitute a material breach of this the Agreement and will result in the automatic non-Renewal of this the Agreement if any potential Renewal Term(s) remain. Concessionaire shall provide Department with any additional clarification and/or information necessary to confirm the accuracy of Concessionaire’s Annual Report.