Payment Due Date. Franchisee's payments shall be paid quarterly to the City Comptroller and shall be postmarked by the 20th day of the month following the immediately prior quarter. By way of example, for the quarter of January through March, the quarterly payment shall be sent to the City Comptroller by the 20th day of April, and shall equal one quarter of the gross receipts reported in the annual report for the immediately prior year. Should Franchisee choose to pay the full payment due in less than four quarterly payments, there shall be no penalty for doing so.
Appears in 10 contracts
Samples: Solid Waste Franchise Agreement, Solid Waste Franchise Agreement, Solid Waste Franchise Agreement
