Common use of DAILY RECEIPTS Clause in Contracts

DAILY RECEIPTS. A. Under the Agreement, Licensee shall be required to maintain a daily record of all gross receipts derived from the License Operation. This record shall be available at all times. Licensee shall, upon request by Department, provide a breakdown and accounting of all sales activity for each day. Failure on the part of Licensee to maintain daily receipts shall constitute a material breach of the Agreement subject to Suspension of Operations and/or Revocation in accordance with the terms and conditions set forth in Paragraphs 11 and 12. B. All cash, credit and debit payments received by Licensee shall be deposited into a single bank account maintained at a bank located within the State of New Jersey and maintained solely for the subject Vessel Operation, through which all financial transactions (including, but not limited to, deposits, withdrawals, and purchases) must pass.

Appears in 2 contracts

Samples: Environmental Education Boat Tour License, Environmental Education Boat Tour License

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DAILY RECEIPTS. A. Under the this Agreement, Licensee shall be required to maintain a daily record of all gross receipts derived from the License Operation. This record shall be available at all times. Licensee shall, upon request by Department, provide a breakdown and accounting of all sales activity for each day. Failure on the part of Licensee to maintain daily receipts shall constitute a material breach of the this Agreement subject to Suspension of Operations and/or Revocation in accordance with the terms and conditions set forth in Paragraphs 11 9 and 1210. B. All cash, credit and debit payments received by Licensee shall be deposited into a single bank account maintained at a bank located within the State of New Jersey and maintained solely for the subject Vessel OperationGuided Outfitter Experience, through which all financial transactions (including, but not limited to, deposits, withdrawals, and purchases) must pass.

Appears in 2 contracts

Samples: License Agreement, License Agreement

DAILY RECEIPTS. A. Under the this Agreement, Licensee shall be Concessionaire is required to maintain a daily record of all gross receipts derived from the License Concession Operation. This record shall be available at all times. Licensee shall, Concessionaire shall upon request by Department, Department provide a breakdown and accounting of all sales activity for each day. Failure on the part of Licensee Concessionaire to maintain daily receipts shall constitute constitutes a material breach of the this Agreement subject to Suspension of Operations and/or Revocation Termination in accordance with the terms and conditions set forth in Paragraphs 11 9 and 1210. B. All cash, credit and debit payments received by Licensee Concessionaire shall be deposited into a single bank account maintained at a bank located within the State of New Jersey and maintained solely for the subject Vessel Concession Operation, through which all financial transactions (including, but not limited to, deposits, withdrawals, and purchases) must pass.

Appears in 2 contracts

Samples: Concession Agreement, Concession Agreement

DAILY RECEIPTS. A. Under the this Agreement, Licensee shall be required to maintain a daily record of all gross receipts derived from the License Operation. This record shall be available at all times. Licensee shall, upon request by Department, provide a breakdown and accounting of all sales activity for each day. Failure on the part of Licensee to maintain daily receipts shall constitute a material breach of the this Agreement subject to Suspension of Operations and/or Revocation in accordance with the terms and conditions set forth in Paragraphs 11 7 and 128. B. All cash, credit and debit payments received by Licensee shall be deposited into a single bank account maintained at a bank located within the State of New Jersey and maintained solely for the subject Vessel License Operation, through which all financial transactions (including, but not limited to, deposits, withdrawals, and purchases) must pass.

Appears in 1 contract

Samples: License Agreement

DAILY RECEIPTS. A. Under the this License Agreement, Licensee shall be required to maintain a daily record of all gross receipts derived from the License Operation. This record shall be available at all times. Licensee shall, upon request by Department, provide a breakdown and accounting of all sales activity for each day. Failure on the part of Licensee to maintain daily receipts shall constitute a material breach of the this License Agreement subject to Suspension of Operations and/or Revocation in accordance with the terms and conditions set forth in Paragraphs 11 8 and 129. B. All cash, credit and debit payments received by Licensee shall be deposited into a single bank account maintained at a bank located within the State of New Jersey and maintained solely for the subject Vessel License Operation, through which all financial transactions (including, but not limited to, deposits, withdrawals, and purchases) must pass.

Appears in 1 contract

Samples: License Agreement

DAILY RECEIPTS. A. Under the License Agreement, Licensee shall be required to maintain a daily record of all gross receipts derived from the License Operation. This record shall be available at all times. Licensee shall, upon request by Department, provide a breakdown and accounting of all sales activity for each day. Failure on the part of Licensee to maintain daily receipts shall constitute a material breach of the License Agreement subject to Suspension of Operations and/or Revocation in accordance with the terms and conditions set forth in Paragraphs 11 8 and 129. B. All cash, credit and debit payments received by Licensee shall be deposited into a single bank account maintained at a bank located within the State of New Jersey and maintained solely for the subject Vessel License Operation, through which all financial transactions (including, but not limited to, deposits, withdrawals, and purchases) must pass.

Appears in 1 contract

Samples: Seasonal Boat Livery License Agreement

DAILY RECEIPTS. A. Under the this Agreement, Licensee shall be Concessionaire is required to maintain a daily record of all gross receipts derived from the License Concession Operation. This record shall be available at all times. Licensee shall, Concessionaire shall upon request by Department, Department provide a breakdown and accounting of all sales activity for each day. Failure on the part of Licensee Concessionaire to maintain daily receipts shall constitute constitutes a material breach of the this Agreement subject to Suspension of Operations and/or Revocation Termination in accordance with the terms and conditions set forth in Paragraphs 11 8 and 129. B. All cash, credit and debit payments received by Licensee Concessionaire shall be deposited into a single bank account maintained at a bank located within the State of New Jersey and maintained solely for the subject Vessel Concession Operation, through which all financial transactions (including, but not limited to, deposits, withdrawals, and purchases) must pass.

Appears in 1 contract

Samples: Concession Agreement

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DAILY RECEIPTS. A. Under the Agreement, Licensee shall be required to maintain a daily record of all gross receipts derived from the License Operation. This record shall be available at all times. Licensee shall, upon request by Department, provide a breakdown and accounting of all sales activity for each day. Failure on the part of Licensee to maintain daily receipts shall constitute a material breach of the Agreement subject to Suspension of Operations and/or Revocation in accordance with the terms and conditions set forth in Paragraphs 11 8 and 129. B. All cash, credit and debit payments received by Licensee shall be deposited into a single bank account maintained at a bank located within the State of New Jersey and maintained solely for the subject Vessel License Operation, through which all financial transactions (including, but not limited to, deposits, withdrawals, and purchases) must pass.

Appears in 1 contract

Samples: Mobile Bicycle Share License Agreement

DAILY RECEIPTS. A. Under the this Agreement, Licensee shall be required to maintain a daily record of all gross receipts derived from the License Operation. This record shall be available at all times. Licensee shall, upon request by Department, provide a breakdown and accounting of all sales activity for each day. Failure on the part of Licensee to maintain daily receipts shall constitute a material breach of the this Agreement subject to Suspension of Operations and/or Revocation in accordance with the terms and conditions set forth in Paragraphs 11 10 and 1211. B. All cash, credit and debit payments received by Licensee shall be deposited into a single bank account maintained at a bank located within the State of New Jersey and maintained solely for the subject Vessel Operation, through which all financial transactions (including, but not limited to, deposits, withdrawals, and purchases) must pass.

Appears in 1 contract

Samples: License Agreement

DAILY RECEIPTS. A. Under the this Agreement, Licensee shall be required to maintain a daily record of all gross receipts derived from the License Operation. This record shall be available at all times. Licensee shall, upon request by Department, provide a breakdown and accounting of all sales activity for each day. Failure on the part of Licensee to maintain daily receipts shall constitute a material breach of the this Agreement subject to Suspension of Operations and/or Revocation in accordance with the terms and conditions set forth in Paragraphs 11 8 and 129. B. All cash, credit and debit payments received by Licensee shall be deposited into a single bank account maintained at a bank located within the State of New Jersey and maintained solely for the subject Vessel License Operation, through which all financial transactions (including, but not limited to, deposits, withdrawals, and purchases) must pass.

Appears in 1 contract

Samples: License Agreement

DAILY RECEIPTS. A. Under the Agreement, Licensee shall be required to maintain a daily record of all gross receipts derived from the License Operation. This record shall be available at all times. Licensee shall, upon request by Department, provide a breakdown and accounting of all sales activity for each day. Failure on the part of Licensee to maintain daily receipts shall constitute a material breach of the Agreement subject to Suspension of Operations and/or Revocation in accordance with the terms and conditions set forth in Paragraphs 11 9 and 1210. B. All cash, credit and debit payments received by Licensee shall be deposited into a single bank account maintained at a bank located within the State of New Jersey and maintained solely for the subject Vessel License Operation, through which all financial transactions (including, but not limited to, deposits, withdrawals, and purchases) must pass.

Appears in 1 contract

Samples: License Agreement

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