End of Year Adjustment. If Concessionaire has paid to City an amount greater than Concessionaire is required to pay as Privilege Fee for a Contract Year under the terms hereof, Concessionaire shall be entitled to a credit against Concessionaire’s MAPF for the amount of the overpayment. If Concessionaire has paid less than the amount required to be paid as Privilege Fee for such Contract Year, then Concessionaire shall pay the difference to City in the next payment of the MAPF.
End of Year Adjustment. If Concessionaire has paid to City an amount greater than Concessionaire is required to pay as Privilege Fee for a Contract Year under the terms hereof, Concessionaire shall be entitled to a credit against Concessionaire’s MAG for the amount of the overpayment. If Concessionaire has paid less than the amount required to be paid as Privilege Fee for such Contract Year, then Concessionaire shall pay the difference to City in the next payment of the MAG.
End of Year Adjustment. This subsection applies only if the Annual Water Usage of all Authority Customers combined during the previous Fiscal Year is equal to or greater than the total Estimated Annual Water Requirements for all Authority Customers for that year. By March 1 of each year, the Authority shall calculate an adjustment charge or rebate for the previous Fiscal Year based on the Charter Customer’s Annual Water Usage during that Fiscal Year. The amount of the adjustment charge or rebate for each specific Charter Customer for a given year shall be determined as follows: STEP ONE: For each Charter Customer, determine how much that Charter Customer should pay in Fixed Costs for the previous Fiscal Year based upon the Charter Customer’s Annual Water Usage in that year. This determination is made by multiplying
End of Year Adjustment. After reconciling the Financial Statement, if Tenant has paid to County an amount greater than Tenant is required to pay as Concession Space Rent or Additional Rent for an Accounting Year under the terms hereof, Tenant shall be entitled to a credit against Xxxxxx’s Concession Space Rent or Additional Rent for the amount of the overpayment. If Tenant has paid less than the amount required to be paid as Concession Space Rent or Additional Rent for such Accounting Year, County will invoice the difference and will be due 30 days from the invoice date. Airport Director or designee may require a late fee may be charged if received after the due date. DocuSign Envelope ID: 3D69B7F0-C0A2-48D7-BAEA-EC290E626401 F. Form, Frequency, and Method of Reporting Acceptance of monthly reports and payments by County does not constitute agreement by County with the amounts reported and paid. County reserves the right to change the form and frequency of reports and statements, including, but not limited to, the Gross Receipts Report, and to require the submission by Tenant of other statistics and information pertaining to the Gross Receipts hereunder. Xxxxxx agrees to change the form of the required reports and statements as requested by County and to provide any additional statistics and information County may request. County shall have the right at any time to require that reports be delivered electronically using technology and procedures designated by County. If County instructs Xxxxxx to deliver any reports and statements required hereunder by computer, e-mail, internet website, or transmission, County shall not be obligated to furnish Tenant with the equipment or systems necessary to do so.
End of Year Adjustment. After reconciling the Financial Statement, if Tenant has paid to County an amount greater than Tenant is required to pay as Concession Space Rent or Additional Rent for an Accounting Year under the terms hereof, Tenant shall be entitled to a credit against Xxxxxx’s Concession Space Rent or Additional Rent for the amount of the overpayment. If Tenant has paid less than the amount required to be paid as Concession Space Rent or Additional Rent for such Accounting Year, County will invoice the difference and will be due 30 days from the invoice date. Airport Director or designee may require a late fee may be charged if received after the due date.
