Percentage Fees. Within twenty (20) days after the beginning of each and every month throughout the Term of this Agreement, Operator shall deliver a report of Gross Revenues for the preceding month on a form supplied by Authority and signed by an officer, a partner, or other person authorized to sign on behalf of Operator, and shall be submitted to Authority accompanied by any payment due thereon. In the event that for any month, the Percentage Fees applied to the Monthly Gross Revenues of Operator is greater than (1/12) of the Minimum Annual Guarantee for the applicable Contract Year, Operator shall pay the difference to Authority with the report of Gross Revenues.
Percentage Fees. (1) For purposes of calculating the Percentage Fees payable by Permittee under Paragraph E of this Permit, “Gross Receipts” as used herein shall mean:
Percentage Fees. 4.2.1 Commencing on the Rent Commencement Date through June 30, 2015, Lessee shall also pay the Port eight percent (8%) of Gross Receipts, to the extent the Percentage Fee is higher than the monthly payment of the Minimum Annual Guarantee paid to the Port pursuant to Section 4.1.
4.2.2 Commencing on July 1, 2015, Lessee shall pay the Port a percentage fee, to the extent the percentage fee is higher than the monthly payment of the Minimum Annual Guarantee paid to the Port pursuant to Section 4.1, according to the following schedule: Gross Receipts Percentage of Gross Sales Gross Receipts ≤ $5,000,000 8.0% Gross Receipts > $5,000,000 but ≤ $10,000,000 10.0% Gross Receipts > $10,000,000 12.0%
4.2.3 On or before the fifteenth (15th) day of each month, Lessee shall submit to the Port a detailed statement showing the Gross Receipts generated from the concession during the preceding month and shall simultaneously pay to the Port the Percentage Fee due for that preceding month less the monthly payment of Minimum Annual Guarantee already paid by the Lessee for that month. The reports shall show such reasonable detail and breakdown as may be required by the Port. To the extent technically feasible, the Port shall have the right to require Lessee to submit such reports electronically.
Percentage Fees. Gross and Net Sales
Percentage Fees. Concessionaire shall also pay the Port a percentage fee (“Percentage Fee”) equal to ten percent (10%) of its Gross Revenues for each Agreement Year (or for the first Agreement Year, from the Opening Date until the end of the first Agreement Year). The Percentage Fee, subject to reconciliation as provided in Section 4.2.3, shall be paid monthly. Concessionaire shall pay the Percentage Fee to the extent the Percentage Fee is higher than the monthly payment of the Minimum Annual Guarantee paid to the Port pursuant to Section 37.1.1.
Percentage Fees. In respect of each Annual Period or portion thereof during the License Period, the Licensee shall pay CKI Percentage Fees computed *** as follows: Annual Period/Year *** *** 1 (2006) *** *** 2 (2007) *** *** 3 (2008) *** *** 4 (2009) *** *** 5 et seq (2010 et seq) *** *** * The rates applicable to *** as defined herein shall be as noted, provided that in each such case such *** For sales directly at ***, as noted in § 1.2.1 or § 1.2.3. As noted in § 1.2.1 above, the Percentage Fee shall be *** Percentage Fees shall be accounted for and payable ***
Percentage Fees. Operator shall pay a Percentage Fee commencing on October 1, 2017, of eighteen percent (18%) of Operator’s Gross Revenues.
Percentage Fees. The fees payable by the Client to the Consulting Engineer shall be calculated as agreed percentages of the cost of the Project or cost of the Works and the amount payable, therefore, shall vary with changes in the construction cost. Unless otherwise agreed between the Client and Consulting Engineer, the standardized Percentage Fee rates given in the scale of charges set by the Engineers Registration Board shall apply.
Percentage Fees. These fees are calculated as agreed percentages of the cost of the project or cost of the works, and apply to the Normal Services described in Appendix A of the Conditions of Engagement. The amount paid therefore varies with changes in the construction cost. There are different ways of arranging fees and interim payments. The most usual is to base the fee on the final cost of the project or works, and to invoice interim accounts on estimates of what that cost will be. Sometimes, however, it is decided to have different percentages of the estimated or actual costs at different stages of work. The Conditions of Engagement should include provisions for variations of such methods. The standardized Percentage Fees rates are tabulated in Tables 2 - 3 below. These tables shall be subject to revision from time to time based on changes in consumer price index, inflation and currency devaluation. The rates in Table 2 are applicable for the infrastructure works, building works or any other works while those in Table 3 are applicable for works in buildings only. 250,000 and below 10.00 10.00 500,000 9.10 9.75 1,000,000 7.60 8.75 2,000,000 6.70 7.75 3,000,000 6.10 7.10 4,000,000 5.70 6.60 5,000,000 5.40 6.20 6,000,000 5.15 5.90 8,000,000 4.75 5.50 10,000,000 4.60 5.20 15,000,000 4.55 5.10 20,000,000 4.50 5.05 25,000,000 and above 4.45 5.00
Percentage Fees. The Percentage Fees to be applied to Concessionaire's Gross Revenues commencing on the Commencement Date shall be as follows: Alcoholic Beverages (consumed on-premises, if applicable) – 16.3 % Food, Non-Alcoholic Beverages – 12 % Merchandise (if applicable) – 14 %
