Remittance Schedule. Franchise Fee revenues shall be remitted by the Company to the City as directed by the City in monthly installments not more than 30 days following the close of each month.
Remittance Schedule. The Company shall remit the Franchise Fee to the Town in monthly installments not more than thirty (30) days following the close of each month. All payments shall be made to the Town. In the event that either the Town or the Company discovers that there has been an error in the calculation of the Franchise Fee payment to the Town, the error shall be corrected in the next monthly payment; except that, in the event an error by the Company results in an overpayment of the Franchise Fee to the Town, and said overpayment is in excess of Ten Thousand Dollars ($10,000), credit for the overpayment shall be spread over the same period the error was undiscovered. If the overpayment is less than Ten Thousand Dollars ($10,000), credit shall be taken against the next payment. In no event shall either Party be required to credit or pay any under- or overpayment which occurred more than three (3) years prior to the discovery of the error. Underpayments shall be subject to up to 1 ½% interest per month until paid or credited in full.
Remittance Schedule. (i) From Appropriated funds, the City shall, in Fiscal Year 2024, pay the Proposition A Revenue to ATP in three installments throughout the year according to the following due date: Month-End Time Period Payment Due January October 1 to January 31 for Fiscal Year 2024; plus, audit adjustment transactions from prior Fiscal Year April 20 June February 1 to June 30 for Fiscal Year 2024 July 20 October July 1 September 30 for Fiscal Year 2024 November 20
Remittance Schedule. Fees and/or rebates payable pursuant to this section shall be subject to the remittance schedule established in the Agreement, or such other remittance schedule communicated in writing by Company to Seller.
Remittance Schedule. The City shall make payments of annual Property Tax Revenue to ATP through the term of this Agreement according to the following schedule: Month-End Time Period Payment Due January October 1 to January 31 for current fiscal year; plus, audit adjustment transactions from prior fiscal year April 20th * June February 1 to June 30 for the current Fiscal Year July 20th October July 1 to September 30 for the current Fiscal Year November 20th * The first payment to ATP will be made no later than 30 days after this agreement is signed by both parties and shall be based on revenue received through January 2021 to accommodate the adoption of this Agreement.
Remittance Schedule. The Company shall deduct such dues as provided by the Union on the second (2nd) pay period of the month and shall submit said monies to the Union within twenty-five (25) days of being deducted. Union and company agree to dues remitted are in payment for the next month’s obligation.
