Common use of Monthly fee payment Clause in Contracts

Monthly fee payment. The Concessionaire will submit the monthly commission fee, plus the State Use Tax and any other fees or payments due (“Monthly Payment”), along with the Monthly Report of Concessionaire’s Total Gross Sales (“Monthly Report” detailed in Exhibit D) through the Park Manager. The Concessionaire will submit the funds and report(s) to the Park Manager no later than the 20th day of each month following the month the Gross Sales were collected by the Concessionaire. The Department will assess a late fee in the amount of 1% of the current amount due for each day the Monthly Payment is late. The Department may waive the late fee based on documented circumstances beyond the Concessionaire’s reasonable control. If the Concessionaire fails to submit the Monthly Payment and accumulated late fees within 30 days of the normal monthly payment deadline, the Department may either suspend the Concessionaire’s performance of Services under this Agreement until the Department receives full payment or terminate this Agreement for cause and begin procedures to collect the Security Deposit. When the Department completes a system for accepting electronic payments from concessionaires, the Concessionaire agrees to use the system for making or delivering its monthly payments to the Department. Concessionaire’s agreement to use the system is contingent upon there being no fee or a nominal fee to use the system.

Appears in 6 contracts

Samples: Concession Agreement, Concession Agreement, Concession Agreement

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Monthly fee payment. The Concessionaire will submit the monthly commission fee, plus the State Use Tax and any other fees or payments due (“Monthly Payment”), along with shall be submitted to the Monthly Report of Concessionaire’s Total Gross Sales (“Monthly Report” detailed in Exhibit D) Department, through the Park Manager. The Concessionaire will submit , along with the monthly report of Total Gross Sales, so that the Park Manager shall receive such funds and report(s) to the Park Manager no not later than the 20th day of each month following the month the Gross Sales were collected by the Concessionaire. The A Monthly Payment and report of Total Gross Sales received by the Department will assess on or after the 21st day of each month following the month the Gross Sales were collected by the Concessionaire shall result in a late fee being assessed in the amount of 1% of the current amount due for each day the Monthly Payment is late. The Department may waive At the Department’s sole discretion, a late fee may be waived based on documented circumstances beyond reasonable control of the Concessionaire’s reasonable control. If the Concessionaire fails to submit the Monthly Payment and accumulated late fees are not received within 30 days of after the normal monthly payment deadline, the Department may either suspend the Concessionaire’s performance of Services under this Agreement until the Department receives full payment has been received by the Department, or terminate this Agreement for cause and begin procedures to collect the Security Deposit. When At such time the Department completes a system for accepting electronic payments from concessionaires, the Concessionaire agrees to use the such system for making or delivering its monthly payments to the Department. Concessionaire’s agreement to use the system is contingent upon there being no fee or a nominal fee to use the system.

Appears in 3 contracts

Samples: Concession Agreement, Concession Agreement, Concession Agreement

Monthly fee payment. The Concessionaire will submit the monthly commission fee, plus the State Use Tax and any other fees or payments due (“Monthly Payment”), along with the Monthly Report of Concessionaire’s Total Gross Sales (“Monthly Report” detailed in Exhibit D) through the Park Manager. The Concessionaire will submit the funds and report(s) to the Park Manager no later than the 20th day of each month following the month the Gross Sales were collected by the Concessionaire. The Department will assess a late fee in the amount of 1% of the current amount due for each day the Monthly Payment is late. The Department may waive the late fee based on documented circumstances beyond the Concessionaire’s reasonable control. If the Concessionaire fails to submit the Monthly Payment and accumulated late fees within 30 days of the normal monthly payment deadline, the Department may either suspend the Concessionaire’s performance of Services under this Agreement until the Department receives full payment or terminate this Agreement for cause and begin procedures to collect the Security Deposit. When the Department completes a system for accepting electronic payments from concessionaires, the Concessionaire agrees to use the system for making or delivering its monthly payments to the Department. Concessionaire’s agreement to use the system is contingent upon there being no fee or a nominal fee to use the system.system.‌‌‌

Appears in 1 contract

Samples: Concession Agreement

Monthly fee payment. The Concessionaire will shall submit the monthly commission fee, plus the State Use Tax and any other fees or payments due (“Monthly Payment”), along with the Monthly Report of Concessionaire’s Total Gross Sales (“Monthly Report”), detailed in Exhibit D) , through the Park Manager. The Concessionaire will shall submit the funds and report(s) to the Park Manager no later than the 20th day of each month following the month the Gross Sales were collected by the Concessionaire. The Department will shall assess a late fee in the amount of 1% of the current amount due for each day the Monthly Payment is late. The Department may waive the a late fee based on documented circumstances beyond the Concessionaire’s reasonable control. If the Concessionaire fails to submit the Monthly Payment and accumulated late fees within 30 days of after the normal monthly payment deadline, the Department may either suspend the Concessionaire’s performance of Services under this Agreement until full payment has been received by the Department receives full payment or terminate this Agreement for cause and begin procedures to collect the Security Deposit. When the Department completes a system for accepting electronic payments from concessionaires, the Concessionaire agrees to use the such system for making or delivering its monthly payments to the Department. Concessionaire’s agreement to use the system is contingent upon there being no fee or a nominal fee to use the system.

Appears in 1 contract

Samples: Concession Agreement

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Monthly fee payment. The Concessionaire will submit the monthly commission fee, plus the applicable State Use Tax and any other fees or payments due (“Monthly Payment”), along with the Monthly Report of Concessionaire’s Total Gross Sales (“Monthly Report” detailed in Exhibit D) through the Park Manager. The Concessionaire will submit the funds and report(s) to the Park Manager no later than the 20th day of each month following the month the Gross Sales were collected by the Concessionaire. The Department will assess a late fee in the amount of 1% of the current amount due for each day the Monthly Payment is late. The Department may waive the late fee based on documented circumstances beyond the Concessionaire’s reasonable control. If the Concessionaire fails to submit the Monthly Payment and accumulated late fees within 30 days of the normal monthly payment deadline, the Department may either suspend the Concessionaire’s performance of Services under this Agreement until the Department receives full payment or terminate this Agreement for cause and begin procedures to collect the Security Deposit. When the Department completes a system for accepting electronic payments from concessionaires, the Concessionaire agrees to use the system for making or delivering its monthly payments to the Department. Concessionaire’s agreement to use the system is contingent upon there being no fee or a nominal fee to use the system.

Appears in 1 contract

Samples: Concession Agreement

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