Monthly Payments of Fees a. From and after the Commencement Date, Company shall pay to the Aviation Authority, in advance and without demand, on the first (1st) day of each calendar month of the Term hereof (and on the Commencement Date, if the Commencement Date is not the first day of a calendar month), an amount equal to one-twelfth (1/12th) of the Minimum Annual Concession Fee then applicable (except as otherwise provided below), prorated for any partial month at the commencement of the Term or the end of the Term, based on the number of days in such partial month, plus any sales or other taxes due thereon, in lawful money of the United States, without deduction or set-off, at the office of the Aviation Authority's Chief Financial Officer (the "CFO") or at such other place as the Chief Executive Officer may designate in writing from time to time.
Monthly Payments of Fees. From and after the Commencement Date, Company shall pay to the Aviation Authority, without demand, at the office of the Director of Finance, on the fifth (5th) day of the month following each calendar month of the Term hereof, a sum of money equal the Concession Fee and shall provide a statement in the form of the “Monthly Revenue Report” attached hereto as Exhibit “C,” which form the Executive Director may amend from time to time in his discretion, which sets forth Company’s Gross Receipts for the prior calendar month and is signed by an officer (if Company is a corporation), partner (if a partnership), or owner (if a sole proprietorship) of Company, and which sets forth Company’s Gross Receipts during such preceding calendar month and identifies all receipts derived by Company during such Calendar month. (If Company operates more than one Vending Machine, each Vending Machine’s monthly Gross Receipts shall be stated separately on Lines (A), Exhibit “C,” “Monthly Revenue Report,” attached hereto).
Monthly Payments of Fees. The Rail Company shall pay to the Authority, without demand, at the office of the Director of Finance, on the twenty fifth (25th) day of the month of each calendar month of the Term hereof, a sum of money equal to the Percentage Fee for that month and shall provide the Director of Finance, with a copy to the Director of Concessions, with a statement, in the form of the “Gross Receipts Report” attached hereto as Exhibit “G” which form the Executive Director may amend from time to time in his reasonable discretion on not less than thirty (30) days prior written notice to Rail Company, which sets forth Rail Company’s Gross Receipts for the then current calendar month and is signed by an officer or designee of Rail Company, and which sets forth Rail Company’s Gross Receipts during the then current calendar month and identifies all receipts derived by Rail Company during such calendar month which have been excluded from the computation of Rail Company’s Gross Receipts without deduction or set-off.
Monthly Payments of Fees a. From and after the Rent Commencement Date, Company shall pay to Authority, in advance and without demand, on the first (1st) day of each calendar month of the term hereof (and on the Rent Commencement Date, if the Rent Commencement Date is not the first day of a calendar month), an amount equal to one-twelfth (1/12th) of the Annual Rental Fee then applicable (except as otherwise provided below), prorated for any partial month at the commencement of the term or the end of the term, based on the number of days in such partial month, plus any sales or other taxes due thereon, in lawful money of the United States, without deduction or set-off, at the office of the Authority's Director of Finance (the "Director of Finance"), or at such other place as the Executive Director may designate in writing from time to time.
