REVENUE FROM SALE OF RECYCLABLE MATERIALS. 30 Contractor will pay to the Authority (by wire transfer or otherwise as Authority may direct) 31 all Revenue earned from third parties for the sale of Recyclable Materials delivered to or 32 recovered at the Shoreway Center until the annual Revenue Guarantee, or the Prorated 33 Revenue Guarantee for 2011 as determined by Section 7.07.B, has been remitted. 34 Thereafter, Contractor shall pay to Authority seventy five percent (75%) of such 35 Revenue, unless otherwise adjusted by Section 7.07.D.3. Such payments will be made 36 on or before the fifteenth (15th) day of each month based on sales during the 37 immediately preceding month. These payments will be reflected in the monthly 38 statement from Contractor required by Section 8.07. 39 40 The Revenues received by Contractor from the sales of Recyclable Materials are held in 41 trust for the benefit of the Authority and such Revenues shall be disbursed only as 42 provided in this Agreement and shall not be subject to levy or attachment or lien by or for 43 any creditor of Contractor. Contractor shall account for all such Revenues, when and as 1 received, separately and apart from all other money, funds, accounts or other resources 2 of Contractor.
REVENUE FROM SALE OF RECYCLABLE MATERIALS. 30 Contractor will pay to the Authority (by wire transfer or otherwise as Authority may direct) Formatted: Left, Space After: 0 31 all Revenue earned from third parties for the sale of Recyclable Materials delivered to or 32 recovered at the Shoreway Center, except as noted in Attachment 4, Section “Targeted 33 Recyclable Materials”, relating to revenue from the sale of materials recovered from the 34 transfer station not requiring processing at the MRF, until the annual Revenue 35 Guarantee, or the Prorated Revenue Guarantee for 2011 as determined by Section 36 7.07.B, has been remitted. Thereafter, Contractor shall pay to Authority seventy five 37 percent (75%) of such Revenue, unless otherwise adjusted by Section 7.07.D.3. Such 38 payments will be made on or before the fifteenth (15th) day of each month based on 39 sales during the immediately preceding month. These payments will be reflected in the
