Common use of COMMISSION REMITTANCE Clause in Contracts

COMMISSION REMITTANCE. 4.1 This Section applies to Licensees operating an Exhibit to which Commission applies, as specified on the Application. 4.2 Prior to 3 p.m. on the day following each Operation Day (as defined in Section 7), the Licensee shall: (a) Submit to Northlands the previous Operation Day’s opening and daily Z-tape from its cash register evidencing that day’s total gross sales (the “Gross Sales”); (b) Submit to Northlands the Percentage Payment Report & Receipt Form indicating the previous Operation Day’s total Commission due to Northlands; and (c) Remit to Northlands the previous Operation Days’ Commission amount. 4.3 Prior to 2 a.m. on the morning after the last Operation Day, the Licensee shall: (a) Submit to Northlands the last Operation Day’s opening and daily Z-tape from its cash register evidencing the last day’s Gross Sales; (b) Submit to Northlands the Percentage Payment Report & Receipt Form indicating the last Operation Day’s total Commission due to Northlands; and (c) Remit to Northlands the last Operation Day’s total Commission amount.

Appears in 2 contracts

Samples: Terms and Conditions, Terms and Conditions

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COMMISSION REMITTANCE. 4.1 This Section applies to Licensees operating an Exhibit to which Commission applies, as specified on the Application. 4.2 Prior to 3 3:00 p.m. on the day following each Operation Day (as defined in Section 7), the Licensee shall: (a) Submit to Northlands the previous Operation Day’s opening and daily Z-tape from its cash register evidencing that day’s total gross sales (the “Gross Sales”); (b) Submit to Northlands the Percentage Payment Report & Receipt Form indicating the previous Operation Day’s total Commission due to Northlands; and (c) Remit to Northlands the previous Operation Days’ Commission amount. 4.3 Prior to 2 2:00 a.m. on the morning after the last Operation Day, the Licensee shall: (a) Submit to Northlands the last Operation Day’s opening and daily Z-tape from its cash register evidencing the last day’s Gross Sales; (b) Submit to Northlands the Percentage Payment Report & Receipt Form indicating the last Operation Day’s total Commission due to Northlands; and (c) Remit to Northlands the last Operation Day’s total Commission amount.

Appears in 2 contracts

Samples: Terms and Conditions, Terms and Conditions

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