Payments to City. Contractor shall pay to the City at the end of each Contract year 100% of the excess revenues (NRR minus the RRE). No payment shall be made for any year in which the RRE is equal to or is less than the NRR within 60 days of the end of each Contract year.
Payments to City. For the privileges granted to and conferred upon Contractor by City under the Agreement, Contractor shall pay to City the amounts set forth below (“City Payments”), over the Term of this Agreement, unless the Agreement is earlier terminated or specifically amended to require otherwise:
Payments to City. As a condition of the grant of the Exclusive Residential Franchise and the Exclusive Commercial Franchise, Collector shall make the following payments to City:
(1) On July 1, 2016, Collector shall pay City the sum of One Hundred Fifty Thousand Dollars ($150,000) as a one-time payment.
(2) Commencing in 2017, within sixty (60) days after each Extension Termination Deadline, provided neither party has given notice of termination of further Automatic Extensions as provided in Section 3.02B, Collector shall pay City the following amounts (collectively, the “Annual Payments”):
(a) An annual recycle rebate payment in the amount of One Hundred Thousand Dollars ($100,000);
(b) An annual administrative payment in the amount of One Hundred Fifty Thousand Dollars ($150,000);
(c) An annual infrastructure and recycling program payment in the amount of One Hundred Fifty Thousand Dollars ($150,000); and
(d) An annual contract payment in the amount of Two Hundred Fifty Thousand Dollars ($250,000). The Annual Payments shall be adjusted each year after 2017, by the percentage increase in “CPI” for the preceding April-to-April period. Upon notice of termination of further Automatic Extensions as provided in Section 3.02B by either party, this Section 4.01(2) shall be of no further force or effect and Collector shall no longer be obligated to pay any Annual Payment.
(3) Liquidated damages as specified in Exhibit D of this Agreement, for each day that a payment due under Section 4.01(2) is late.
(4) Franchise Fees as provided in Section 10.03 of this Agreement. If any payment due under this Section 4.01 is for any reason deemed to be invalid or unenforceable, the invalidity or unenforceability of such payment shall not affect any of the remaining provisions of this Agreement, which shall be enforced as if such invalid or unenforceable payment had not been contained herein, and City and Collector shall meet and confer and negotiate in good faith modifications to this Section 4.01 reasonably necessary to render such payment valid and enforceable.
Payments to City. Other than parking fees charged to all users of the Property, City shall have no right to request or accept payment from Tesla, users of the Supercharger Station or any other third-parties in connection with the Supercharger Station.
Payments to City. (a) Except as provided in paragraph 5(b) hereof, Manager shall pay to City, not later than twenty (20) calendar days after the end of each calendar quarter, fifteen (15) percent of all payments received by Manager during such calendar quarter on account of the sale of any Cemetery Space within the Cemetery (the "Manager Payments"). Manager payments shall be accompanied by (i) with the initial payment for the purchase of a Cemetery Space, a copy of the contract therefor, and (ii) with each subsequent payment, the name and address of the contract purchaser, number assigned to the purchase contract, and the total of all payments made and balance of the contract price. City will deposit all Manager Payments received by City into the Fund described in paragraph 7 hereof. All delinquent Manager Payments shall accrue interest at the rate of ten (10) percent per annum until paid. Manager shall upon the full payment of the purchase price for a Cemetery Space issue to the contract purchaser an instrument or certificate evidencing his ownership thereof. City will cooperate with Manager in the issuance of such instrument or certificate. If this Agreement is terminated, all Manager's right to receive payments under contracts for the purchases of Cemetery Space and contract payments payable after the date of termination shall be assigned, transferred and paid to City.
(b) If Manager constructs or installs a mausoleum or columbarium within the Cemetery, City and Manager shall mutually determine prior to the sale by Manager of any Cemetery Space within such mausoleum or columbarium the percentage of the purchase price therefor (i) to be paid to City for deposit into the Fund which shall be sufficient to assure adequate income for the perpetual care, upkeep and replacement of such mausoleum or columbarium, and
Payments to City. 2.1 Amounts due to City under this agreement will be determined as follows:
a. Fees and sales. Amounts collected by Contractor for sales and fees itemized in the following schedule are the property of the City: Drop-in camping fees Extra vehicle fees Firewood/Ice/Fuel sales Parking Pass Sales (generally help during major events) Moorage fees (if applicable) Laundry fees (if applicable)
b. Concession Sales. 5% of the gross receipts from all concession sales, computed monthly.
2.2 Deposits of money due to City:
a. Fees and sales. All amounts collected by Contractor for fees and sales must be reported and deposited to the City according to City’s policies and procedures. Most deposits are due daily. Contractor must submit completed required reports to City at the same time the deposit is made.
Payments to City. 7.1 Franchise Fee
Payments to City. 8.1 Franchise Fee Payments
Payments to City. A. In consideration of City providing the Emergency Services under this Agreement, District will pay to City a sum, based on a contract price of $200,000 per year, prorated to accommodate the contract term, for a total contract price of $242,739.73, to be paid as follows:
(a) Initial payment of $26,352.34 due January 1, 2014 (representing pro-rated payment for November 14 through December 31, 2013);
(b) Four equal installments of $50,000.00, due April 1, 2014, July 1, 2014 , October 1, 2014, and January 1, 2015; and
(c) Final payment of $16,438.36 (representing pro-rated payment for April 1-30 of 2015) due April 1, 2015.
B. Payments shall be considered past due if not received within 10 working days of the due date, and interest will accrue on the past-due balance at the lesser of one percent per month or the maximum lawful rate. In the event either party terminates the Agreement prior to the expiration of the term, the compensation to be paid by District to City will be pro-rated to the date of termination based on the number of days of the year in which the Agreement is terminated.
C. Expenses incurred during the term may be paid only with funds from the Fiscal Year’s budget associated with the term.
Payments to City. All Fees payable hereunder shall be paid to the City of Los Angeles, Los Angeles World Airports, Accounting Revenue Operations, X.X. Xxx 00000, Xxx Xxxxxxx, Xxxxxxxxxx 00000-0000, unless and until City designates in writing some other place for or party to receive the payment of Fees.
