Reverse Royalty. If Liberty receives tax preparation fees from individuals located in your Territory through the use of Liberty’s online tax preparation services while you have a Liberty Tax Service office open in that Territory, Liberty agrees to use commercially reasonable means to track and identify those revenues and pay or credit to you 14% of those tax preparation fees within sixty (60) days after the end of each Tax Season in its sole discretion.
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Samples: Franchise Agreement, Franchise Agreement (Liberty Tax, Inc.), Franchise Agreement (JTH Holding, Inc.)
Reverse Royalty. If To the extent that Liberty receives tax preparation fees from individuals located in your Territory through the use of Liberty’s online tax preparation services while during such time as you have a Liberty Tax Service office open in that your Territory, from the use of Liberty’s online tax preparation services, Liberty agrees to use commercially reasonable means to track and identify those revenues and pay or credit to you 14% of those tax preparation fees within sixty (60) fees. Liberty has up to 60 days after the end of each Tax Season in its sole to pay or credit, at Liberty’s discretion, such monies to you.
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Reverse Royalty. If Liberty receives tax preparation fees from individuals located in your Territory through the use of Liberty’s online tax preparation services while you have a Liberty Tax Service office open in that Territory, Liberty agrees to use commercially reasonable means to track and identify those revenues and pay or credit to you 14% of those tax preparation fees within sixty (60) days after the end of each Tax Season in its sole discretion. The term “Tax Season” means the time period of January 2 – April 30.
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