Payment Accounting. The Borrower shall compile and provide (or cause to be compiled and provided) an accounting report (each, a “Payment Date Report”), determined as of the close of business on each Determination Date preceding a Payment Date, and shall deliver such Payment Date Report to the Agents, the Borrower and the Collateral Manager the earlier of (i) fifteen (15) Business Days following such Determination Date and (ii) the applicable Payment Date. The Payment Date Report shall contain the information set forth in Schedule 3 hereto. In addition, the Borrower shall provide to the Collateral Administrator, for inclusion in each Payment Date Report, a statement notifying of any amendment, modification or waiver under any Related Document for each Collateral Asset that constitutes a Material Modification that became effective since the immediately preceding Payment Date Report (or, in respect of the first Payment Date Report, from the Closing Date) unless previously disclosed under Section 5.01(d)(vii).
Payment Accounting. The Collateral Administrator shall prepare an accounting report (each, a “Payment Date Report”), determined as of the close of business on each Determination Date preceding a Payment Date, and shall deliver such Payment Date Report to the Agents, the Borrower and the Collateral Manager no later than the related Payment Date. The Payment Date Report shall contain the information set forth in Schedule 3 hereto. In addition, the Borrower shall provide to the Collateral Administrator, for inclusion in each Payment Date Report, a statement notifying of any amendment, modification or waiver under any Related Document for each Collateral Asset that constitutes a Material Modification that became effective since the immediately preceding Payment Date Report (or, in respect of the first Payment Date Report, from the Closing Date) unless previously disclosed under Section 5.01(d)(vii). Each Monthly Report shall constitute instructions to the Collateral Agent to withdraw funds from the applicable Collection Account and pay or transfer such amounts set forth in the Monthly Report in the manner specified and in accordance with the Priority of Payments.
Payment Accounting. 4.1 All payments to Label from Genepool shall be made, as requested by Label in writing, by bank transfer or Paypal.
Payment Accounting. Interim Settlements; Late Charges----------123 3.5 Hedging Transactions; Futures, Options and Other Trading------123 3.6 Commingling---------------------------------------------------------123
Payment Accounting. (a) Commencing with the first calendar quarter in which gross receipts in respect of the Picture are received by Distributor and on a quarterly basis for two years and, thereafter, on a semi-annual basis, Distributor shall furnish Licensor with a reasonably detailed statement showing the gross receipts, distribution expenses, calculation of Net Receipts, and the amount, if any, due to Licensor with respect to such period. Each statement shall be delivered to Licensor at the address listed in the first paragraph of this Agreement within sixty (60) days after the end of any applicable period in which Gross Receipts are received and shall be accompanied by payment of any amounts due to Licensor in U.S. dollars, subject to all laws and regulations requiring the deduction or withholding of payments for income or other taxes payable by or assessable against Licensor. All statements shall be deemed true and accurate and conclusively binding upon Licensor if not disputed by Licensor in writing within eighteen (18) months after the delivery of such statement and if a formal legal action is not commenced by Licensor within one year after such written objection. For the avoidance of doubt, if a formal legal action is commenced by Licensor, all statements to which such claim pertains shall not be deemed binding upon Licensor until such claim is resolved.
Payment Accounting. The local matching funds for each of the City Projects, for each fiscal year as committed by the Stakeholder, will be due to UTA in advance on July 1 of such year, or as otherwise designated in a Supplement. Funds shall be delivered to UTA, payable to “Utah Transit Authority”, and delivered c/o Chief Financial Officer, 000 Xxxx 000 Xxxxx, Xxxx Xxxx Xxxx, Xxxx. Each specific City Project will not be commenced until the local matching funds for that City Project have been delivered to UTA. To the extent that the Supplement for a City Project indicates additional funding sources (in addition to the XXXXX Xxxxx proceeds and corresponding local matching funds), City shall also be responsible for ensuring that the proceeds from such additional funding sources are also delivered to UTA in advance on July 1 or as otherwise designated in a Supplement. UTA shall maintain a financial database of all City funds, additional funding source proceeds, and all expenditures toward the City Projects. City shall be responsible for any cost overruns (to the extent such overruns are not mitigated by value engineering or scope modifications) with respect to the City Projects. Payment for any cost overruns, as well as any additional scope or modifications requested by City (as more specifically described in Section 11 of this Agreement), shall be made promptly, in the same manner as described herein, and in the case of modifications, in advance, upon receipt of an invoice for the same from UTA. UTA may defer or suspend performance with respect to any City Project for which UTA has not received payment as indicated above. If City is unable to either secure additional funding for a City Project or modify the scope of City Project to fit within the available funding, then City may request that UTA not move forward with the City Project. Upon receipt of such request, UTA shall employ commercially reasonable efforts to remove the City Project from the scope of TIGER Projects and mitigate the incurrence of further costs toward such City Project. City shall be responsible for all costs previously incurred with respect to the City Project and any change order costs or partial termination costs incurred in conjunction with the removal of the City Project from the scope of the TIGER Projects. As applicable, City shall be entitled to any engineering deliverables previously prepared with respect to such City Project in their then-current condition. To the extent that the actual total cost of...
Payment Accounting. No later than 30 days after each City Event, ArenaCo shall pay to the City an amount equal to the positive difference (if any) between (i) the City Event Revenues for such City Event received by ArenaCo or any of its Affiliates less (ii) the City Event Expenses for such City Event incurred by ArenaCo or any of its Affiliates. Together with such payment, ArenaCo shall deliver to the City a complete and detailed accounting of such City Event Revenues and City Event Expenses and a report of the paid attendance and turnstile attendance count for such City Event. If the City Event Expenses for such City Event incurred by ArenaCo or any of its Affiliates exceed the City Event Revenue received by ArenaCo or any of its Affiliates, the City shall pay the amount of such excess no later than 30 days after its receipt of such detailed accounting (and ArenaCo or any of its Affiliates shall retain such City Event Revenues so received). The City shall promptly reimburse ArenaCo for any unpaid invoices for City Event Expenses incurred by ArenaCo or any of its Affiliates to the extent ArenaCo or any of its Affiliates receives such unpaid invoices after such ten Business Day period.
Payment Accounting. Payment of the Net Smelter Return Royalty shall be due and payable within sixty (60) days of the end of the calendar quarter following the first sale of any Mineral Substances produced from minerals extracted from the Optioned Property, and quarterly thereafter. All payments or credits for payment of the Net Smelter Return Royalty shall be accompanied by a detailed statement explaining the manner in which the payment was calculated. Such payments and statements shall be delivered no later than sixty (60) days after the end of the calendar quarter in which Mineral Substances are delivered to the buyer. Such payments and statements shall be deemed conclusive and correct unless Owner objects to them in writing within one hundred twenty (120) days after receipt of such payments and statements. Any such objection shall specifically identify the deficiencies of Optionee’s payment, accounting, or documentation. Optionee shall, upon not less than ten (10) days advance written notice and during normal business hours, allow reasonable inspection by Owner’s accountant or legal representatives of Optionee’s records, for the sole purpose of verifying compliance with the terms of Section 13(ix) of this Option Agreement and correct calculation of the Net Smelter Return Royalty payment made to Owner. Owner’s right to such inspection shall be limited to not more than one time per year, unless an inspection by Owner reveals a substantiated noncompliance with the standards of Section 13(ix) of this Option Agreement, in which case Owner may repeat an inspection within less than twelve (12) months. Execution Version
Payment Accounting. Licensee shall keep accurate records and books of account indicating in detail the Search Ring Assets distributed and the revenues derived from the Search Ring Assets and Future Tower Assets. Such records and books of account shall be open to examination at all reasonable times during regular business hours by representatives of Licensor. Licensee shall permit Licensor’s representatives to take excerpts from, and make copies of, any entries therein. Licensee shall furnish such other reports as may from time to time be reasonably requested by Licensor, provided that the requisite information is reasonably available to Licensee and properly relates to transactions under this Agreement.
Payment Accounting. XXXX shall be paid as follows: -------------------
