Payment Accounting. 4.1 All payments to Label from Genepool shall be made, as requested by Label in writing, by bank transfer or Paypal.
4.2 All statements shall be binding upon Label and not subject to objection by Label unless specific objection in writing, stating the basis thereof, is given to Genepool within six (6) months from the date the statement is rendered or made available to Label.
4.3 The Label may, at its sole cost audit Genepool’s books and records solely to the extent that they relate to the exploitation of Recordings under this Agreement on giving Genepool reasonable advance written notice but in any event no more than once per annum. If any such audit reveals an underpayment that is accepted by Genepool or adjudicated by a court of competent jurisdiction as being due, Genepool will promptly pay such underpayment to you.
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. 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 USActive 59109857.1659109857.18 first Payment Date Report, from the Closing Date) unless previously disclosed under Section 5.01(d)(vii).
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.
(b) Licensor shall have the right, at its own expense (subject to the last sentence of this clause (b)), on at least thirty (30) days prior written notice to Distributor, to have a certified public accountant examine the books of account with regard to the exploitation of the Picture at Distributor’s principal place of business during normal business hours, but not more than once annually and for not more than one consecutive thirty (30) day period during each annual period (provided that the books and records are timely made available to such auditor). Such right of examination shall be limited solely to inspection of books and records pertaining to the Picture (and no information related to allocations of revenues or expenses shall be redacted from such books and records) for the period three years prior to the date of the most recent statement provided by Distributor.
Payment Accounting. Interim Settlements; Late Charges-----------95
Payment Accounting. Interim Settlements; Late Charges----------123 3.5 Hedging Transactions; Futures, Options and Other Trading------123 3.6 Commingling---------------------------------------------------------123
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. 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. No later than thirty (30) days after the end of the Promotion Period (as defined on the Cover Page), Sponsor shall calculate total number of Products purchased during the Promotion Period. Sponsor shall then deliver to Charity the total Donation amount due Charity for the Promotion Period. Sponsor shall deliver the Donation amount by check payable to Charity and mailed to the address set forth in Section 15. The check shall be accompanied by an accounting, certified by an officer of Sponsor to be complete and accurate. Charity shall send Sponsor a receipt confirming all payments to the address set forth in Section 15. Sponsor shall maintain accurate books and records of all activities conducted pursuant to this Agreement during the Term of this Agreement and for three (3) years after the Term of this Agreement. Charity shall have the right to review or audit the books and records of Sponsor relating to the Promotion, which shall be kept at Sponsor’s offices, to verify the accuracy of any payment(s). Any such review or audit shall be conducted during Sponsor’s regular business hours, upon reasonable prior notice, at the place where Sponsor’s relevant records are regularly kept, at Charity’s expense; provided that if the review or audit reveals an underpayment of more than 10%, Sponsor shall pay the reasonable costs of the review/audit in addition to the shortfall.
