Common use of Payment of Concession Fee Clause in Contracts

Payment of Concession Fee. The Concession Fee payable under the provisions of this Article 26 shall be due and payable in monthly instalments. Within 7 (seven) days of the close of each month, the Concessionaire shall pay to the Authority against the Concession Fee, a provisional amount calculated on the basis of total Realisable Fee of the immediately preceding month, and final settlement thereof, based on audited accounts of the Concessionaire, shall be made within 120 (one hundred and twenty) days of completion of the respective Accounting Year.

Payment of Concession Fee. The Concession Fee payable under the provisions of this Article 26 27 shall be due and payable in monthly instalments. Within half yearly instalments within 7 (seven) days of the close of each month, the Concessionaire shall pay to the Authority against the Concession Fee, a provisional amount calculated on the basis of total Realisable Fee of the immediately preceding month, and final settlement thereof, based on audited accounts of the Concessionaire, shall be made within 120 (one hundred and twenty) days of completion of the respective Accounting Year.

Payment of Concession Fee. The Concession Fee payable under the provisions of this Article Clause 26 shall be due and payable in monthly instalments. Within 7 (seven) days of the close of each month, the Concessionaire shall pay to the Authority MPRDC against the Concession Fee, ; a provisional amount calculated on the basis of total Realisable Fee of the immediately preceding month, and final settlement thereof, based on audited accounts account of the Concessionaire, shall be made within 120 (one hundred and twenty) days of completion of the respective Accounting Yearaccounting year.

Payment of Concession Fee. The Concession Fee payable under the provisions of this Article 26 shall be due and payable in monthly instalments. Within 7 (seven) days of the close of each month, the Concessionaire shall pay to the Authority MPRDC against the Concession Fee, ; a provisional amount calculated on the basis of total Realisable Fee of the immediately preceding month, and final settlement thereof, based on audited accounts account of the Concessionaire, shall be made within 120 (one hundred and twenty) days of completion of the respective Accounting Yearaccounting year.

Payment of Concession Fee. The Concession Fee payable under the provisions of this Article 26 31 shall be due and payable in monthly instalments. Within 7 (seven) days of the close of each month, the Concessionaire shall pay to the Authority against the Concession Fee, a provisional amount calculated on the basis of total Realisable Fee of traffic handled at the airport in the immediately preceding monthmonth multiplied by the Premium Rate for that year, and final settlement thereof, based on audited accounts of the Concessionaire, shall be made within 120 (one hundred and twenty) days of completion of the respective Accounting Year.