Common use of QUARTERLY PAYMENTS IN ADVANCE Clause in Contracts

QUARTERLY PAYMENTS IN ADVANCE. The Environmental Contribution will be paid by the Member in the form of quarterly payment in advance at the start of each calendar quarter calculated, by applying the fees scale in force, on a basis representing one quarter of the weight of portable batteries and accumulators placed on the market in the Territory during the previous financial period (Year N-1). Because of the time required to receive Year N-1 sales declarations from the Members (cf. article 5.1.1 below), the first quarter’s invoice will be based on the scale for Year N and the volumes put on the market in Year N-2. The invoice for the second quarter will be based on volumes for Year N-1, and will also include any adjustments to the N-1 volumes from the first quarter’s xxxx. In the event that the sales declaration is not sent to COREPILE within the period provided at article 5.1.1 below, the Member’s quarterly payments in advance for Year N will have to be calculated on a basis corresponding to the marketing for Year N-2 plus 5% with any adjustment being made subsequently at the end of the financial period.

QUARTERLY PAYMENTS IN ADVANCE. The Environmental Contribution will be paid by the Member in the form of quarterly payment in advance advanc e at the start of each calendar quarter calculated, by applying the fees scale in force, on a basis representing one quarter of the weight of portable batteries and accumulators placed on the market in the Territory during the previous financial period (Year N-1). Because of the time required to receive Year N-1 sales declarations from the Members (cf. article 5.1.1 below), the first quarter’s invoice will be based on the scale for Year N and the volumes put on the market in Year N-2. The invoice for the second quarter will be based on volumes for Year N-1, and will also include any adjustments to the N-1 volumes from the first quarter’s xxxx. In the event that the sales declaration is not sent to COREPILE within the period provided at article 5.1.1 below, the Member’s quarterly payments in advance for Year N will have to be calculated on a basis corresponding to the marketing for Year N-2 plus 5% with any adjustment being made subsequently at the end of the financial period.

QUARTERLY PAYMENTS IN ADVANCE. The Environmental Contribution will be paid by the Member in the form of quarterly payment in advance at the start of each calendar quarter calculated, by applying the fees scale in force, on a basis representing one quarter of the weight of portable batteries and accumulators placed on the market in the Territory during the previous financial xxxxx cial period (Year N-1). Because of the time required to receive Year N-1 sales declarations from the Members (cf. article 5.1.1 below), the first quarter’s invoice will be based on the scale for Year N and the volumes put on the market in Year N-2. The invoice for the second quarter will be based on volumes for Year N-1, and will also include any adjustments to the N-1 volumes from the first quarter’s xxxx. In the event that the sales declaration is not sent to COREPILE within the period provided at article 5.1.1 below, the Member’s quarterly payments in advance for Year N will have to be calculated on a basis corresponding to the marketing for Year N-2 plus 5% with any adjustment being made subsequently at the end of the financial period.