Payments Due. (1) The franchise fee shall be due on a monthly basis at the end of each month and shall be paid by the Concessioner in such a manner that the Director shall receive payment within fifteen (15) days after the last day of each month that the Concessioner operates. This monthly payment shall include the franchise fee equal to the specified percentage of gross receipts for the preceding month. (2) The Concessioner shall pay any additional fee amounts due at the end of the operating year as a result of adjustments at the time of submission of the Concessioner's Annual Financial Report. Overpayments shall be offset against the following year's fees. In the event of termination or expiration of this Contract, overpayments will first be offset against any amounts due and owing the Government and the remainder will be paid to the Concessioner. (3) All franchise fee payments shall be deposited electronically by the Concessioner in accordance with Applicable Laws.
Appears in 15 contracts
Samples: Concession Contract, Concession Contract, Concession Contract
Payments Due.
(1) The franchise fee shall be due on a monthly basis at the end of each month and shall be paid by the Concessioner in such a manner that the Director shall receive payment within fifteen (15) days after the last day of each month that the Concessioner operates. This monthly payment shall include the franchise fee equal to the specified percentage of gross receipts for the preceding month.
(2) The Concessioner shall pay any additional fee amounts due at the end of the operating year as a result of adjustments at the time of submission of the Concessioner's Annual Financial Report. Overpayments shall be offset against the following year's fees. In the event of termination or expiration of this Contract, overpayments will first be offset against any amounts due and owing the Government and the remainder will be paid to the Concessioner.
(3) All franchise fee payments consisting of $10,000 or more, shall be deposited electronically by the Concessioner in accordance with Applicable Laws.
Appears in 11 contracts
Samples: Concession Contract, Concession Contract, Concession Contract
Payments Due.
(1) The franchise fee shall be is due on a monthly quarterly basis at the end of each three-month period and shall must be paid by the Concessioner in such a manner that the Director shall will receive payment within fifteen (15) days after the last day of each month quarter that the Concessioner operates. This monthly payment shall include the franchise fee equal to the specified percentage of gross receipts for the preceding month.
(2) All franchise fees shall be deposited electronically by the Concessioner in accordance with all Applicable Laws.
(3) The Concessioner shall must pay any additional fee amounts due at the end of the operating year as a result of adjustments at the time of submission of the Concessioner's Annual Financial Report. Overpayments shall will be offset against the following year's fees. In the event of termination or expiration of this Contract, overpayments will first be offset against any amounts due and owing the Government and the remainder will be paid to the Concessioner.
(3) All franchise fee payments shall be deposited electronically by the Concessioner in accordance with Applicable Laws.
Appears in 4 contracts
Samples: Concession Contract, Concession Contract, Concession Contract
Payments Due.
(1) The franchise fee shall be is due on a monthly basis at the end of each month and shall must be paid by the Concessioner in such a manner that the Director shall will receive payment within fifteen (15) days after the last day of each month that the Concessioner operates. This monthly payment shall include the franchise fee equal to the specified percentage of gross receipts for the preceding month.
(2) All franchise fees shall be deposited electronically by the Concessioner in accordance with all Applicable Laws.
(3) The Concessioner shall must pay any additional fee amounts due at the end of the operating year as a result of adjustments at the time of submission of the Concessioner's Annual Financial Report. Overpayments shall will be offset against the following year's fees. In the event of termination or expiration of this Contract, overpayments will first be offset against any amounts due and owing the Government and the remainder will be paid to the Concessioner.
(3) All franchise fee payments shall be deposited electronically by the Concessioner in accordance with Applicable Laws.
Appears in 2 contracts
Samples: Concession Contract, Concession Contract
Payments Due.
(1) The franchise fee shall be is due on a monthly quarterly basis at the end of each three month period and shall must be paid by the Concessioner in such a manner that the Director shall will receive payment within fifteen (15) days after the last day of each month quarter that the Concessioner operates. This monthly payment shall include the franchise fee equal to the specified percentage of gross receipts for the preceding month.
(2) All franchise fees shall be deposited electronically by the Concessioner in accordance with all Applicable Laws.
(3) The Concessioner shall must pay any additional fee amounts due at the end of the operating year as a result of adjustments at the time of submission of the Concessioner's Annual Financial Report. Overpayments shall will be offset against the following year's fees. In the event of termination or expiration of this Contract, overpayments will first be offset against any amounts due and owing the Government and the remainder will be paid to the Concessioner.
(3) All franchise fee payments shall be deposited electronically by the Concessioner in accordance with Applicable Laws.
Appears in 2 contracts
Samples: Concession Contract, Concession Contract
Payments Due.
(1) The franchise fee shall be due on a monthly basis at the end of each month and shall be paid by the Concessioner in such a manner that the Director shall receive payment within fifteen (15) days after the last day of each month that the Concessioner operates. This monthly payment shall include the franchise fee equal to the specified percentage of gross receipts for the preceding month.
(2) The Concessioner shall pay any additional fee amounts due at the end of the operating year as a result of adjustments at the time of submission of the Concessioner's Annual Financial Report. Overpayments shall be offset against the following year's fees. In the event of termination or expiration of this Contract, overpayments will first be offset against any amounts due and owing the Government and the remainder will be paid to the Concessioner.
(3) All franchise fee payments shall be deposited electronically by the Concessioner in accordance with Applicable Laws.
Appears in 1 contract
Samples: Concession Contract
Payments Due.
(1) The franchise fee shall be due on a monthly basis at the end of each month and shall be paid by the Concessioner in such a manner that the Director shall receive payment within fifteen (15) days after the last day of each month that the Concessioner operates. This monthly payment shall include the franchise fee equal to the specified percentage of gross receipts for the preceding month.
(2) The Concessioner shall pay any additional fee amounts due at the end of the operating year as a result of adjustments at the time of submission of the Concessioner's Annual Financial Report. Overpayments shall be offset against the following year's fees. In the event of termination or expiration of this Contract, overpayments will first be offset against any amounts due and owing the Government and the remainder will be paid to the Concessioner.
(3) All franchise fee payments consisting of $10,000 or more, shall be deposited electronically by the Concessioner in accordance with Applicable Laws.
Appears in 1 contract
Samples: Concession Contract
Payments Due.
(1) The franchise fee shall be due on a monthly basis at the end of each month and shall be paid by the Concessioner in such a manner that the Director shall receive payment within fifteen (15) days after the last day of each month that the Concessioner operates. This monthly payment shall include the franchise fee equal to the specified percentage of gross receipts for the preceding month.
(2) The Concessioner shall pay any additional fee amounts due at the end of the operating year as a result of adjustments at the time of submission of the Concessioner's Annual Financial Report. Overpayments shall be offset against the following year's fees. In the event of termination or expiration of this Contract, overpayments will first be offset against any amounts due and owing the Government and the remainder will be paid to the Concessioner.
(3) All franchise fee payments fees shall be deposited electronically by the Concessioner in accordance with all Applicable Laws.
Appears in 1 contract
Samples: Concession Contract