Gross Revenue Statement Sample Clauses
Gross Revenue Statement. The Revenue Growth Payments for each period shall be accompanied by a schedule reflecting the calculation of the Revenue Growth Payments in reasonable detail. The Company shall have the right, at its expense, to audit the underlying statements and accounts relating to the Specified Customers, which GCI shall make or cause to be made reasonably available to the Company, to verify the accuracy of the Revenue Growth Payments; provided that only one audit shall be conducted by the Company in respect of the Revenue Growth Payment for any given period. All information obtained in any such audit shall be maintained in confidence and used only for the purpose contemplated by this Section 2.3. Any such audit shall be conducted upon reasonable notice, during normal business hours and in a manner that does not unnecessarily or unreasonably interfere with the operations of GCI. If, as a result of such audit, the Company believes that an additional Revenue Growth Payment is due, it shall notify GCI in writing and shall provide GCI reasonably detailed information reflecting the basis for the additional payment claimed. Within ten (10) days of receipt of that notice, GCI shall either pay the additional amount claimed or notify the Company that GCI disagrees with the claim, which notice shall specify the amount, if any, of the additional Revenue Growth Payment that GCI agrees is due. If the Parties are unable to resolve any disagreement within ten (10) days after a notice of disagreement is given by GCI, either party may have such disagreement resolved pursuant to arbitration provided for in Section 10.1.
Gross Revenue Statement. Within fifteen (15) days (or such longer period as the Landlord may from time to time approve or prescribe) after the end of each month during the Term, the Tenant shall deliver to the Landlord a written unaudited statement in the form attached as Schedule D 1 hereof or such other form as the Landlord may from time to time prescribe, signed or certified by the Tenant in such manner as the Landlord may from time to time prescribe, of the Tenant's Gross Revenue for the immediately preceding month, broken down by product category and individual concession outlet as set out in Schedule F-2 or as otherwise prescribed from time to time by the Landlord, and including or accompanied by additional reporting as to sales and demographics and particulars as from time to time prescribed by the Landlord. The Landlord may require that the Tenant deliver such statement and additional reporting both electronically, in such manner as the Landlord may from time to time direct, and with a hard copy accompanying the payment of Rent. The Landlord may use and distribute the information in such reports for the Landlord’s purposes (including future leasing and licensing of concessions).
Gross Revenue Statement. Prior to the applicable Milestone Notice Date, Parent shall have compiled a Gross Revenue Statement. Parent shall keep such Gross Revenue Statement in its books and records.
Gross Revenue Statement. On each Payment Date during the Term of the Lease for which a payment of Operating Rent is required to be made, Lessee shall submit to Lessor a statement indicating the amount of its Gross Revenue for the calendar quarter (a “Quarterly Statement”). If any Operating Rent is due for such period, Lessee shall accompany such Quarterly Statement with a payment of the Operating Rent due. In addition, within thirty (30) days after the end of each calendar year, Lessee shall submit to Lessor an income statement of Lessee, prepared in accordance with generally accepted accounting principles consistently applied, which shall be accompanied by a statement of annual Gross Revenue (collectively, the “Annual Statement”). Each Annual Statement and Quarterly Statement shall be certified as correct by the Chief Financial Officer or a Vice President of Lessee.