Setting the BID Levy. 4.1. As soon as possible after the Commencement of this agreement the Council shall:
(i) calculate the BID Levy in accordance with the Regulations and the BID Levy Rules.
(ii) Confirm in writing to the BID Company the BID Levy payable annually by each BID Levy Payer.
Setting the BID Levy. 4.1 By 11th April the Council shall calculate the BID Levy due from each BID Levy Payer in accordance with the BID Levy Rules
4.2 As soon as practicable after the 12th April 2021, the Council will confirm in writing to the BID Company the BID Levy payable annually by each BID Levy Payer
5.1 Interest payments on money in the BID Revenue Account will be subject to the Council’s banking arrangements at the time of operating the account. Such interest, if any, will be paid to the BID Company as part of the BID Levy.
Setting the BID Levy. 4.1. As soon as possible upon the Ballot Result Date the Council shall:
4.1.1. calculate the BID Levy for each BID Levy Payer in accordance with the BID Levy Rules; and
4.1.2. confirm in writing to the BID Company the BID Levy payable by each BID Levy Payer.
Setting the BID Levy. 6.1 By the 1st March or as soon as reasonably practicable in the first financial year and 1st March or as soon as reasonably practicable in subsequent financial years WHBC shall:- Calculate the BID Levy due from each BID Levy Payer in accordance with the BID Levy Rules; Confirm in writing to WGCBL, as soon as practicable after billing, the BID Levy payable annually by each BID Levy Payer; and Provide the Annual Budget Report.
Setting the BID Levy. 4.1 By 1 April 2016 the Council shall:-
(i) calculate the BID Levy due from each BID Levy Payer in accordance with the BID Levy Rules; and
(ii) confirm in writing to the BID Company the BID Levy payable annually by each BID Levy Payer
(iii) enter into the Baseline Agreement with the BID Company
5.1 The Council will maintain the BID revenue account established for the purposes of the existing BID. Assuming a successful renewal ballot, the Council will continue to transfer BID levy from the BID revenue account to the bank account of the BID company.
Setting the BID Levy. 4.1 As soon as possible after the commencement of this agreement the Council shall calculate the BID Levy in accordance with the Regulations.
4.2 Confirm in writing to the BID company the BID Levy payable annually by each BID Levy Payer
5.1 The Council shall pay to the BID Company in accordance with the Regulations:
(i) 1st March - 25% of invoiced debt less any Enforcement Expenses incurred by the Council and any repayments to Bid Levy Payers under clause 5.4 of this agreement.
(ii) 1st June– 25% of invoiced debt less any Enforcement Expenses incurred by the Council and any repayments to Bid Levy Payers under clause 5.4 of this agreement.
(iii) 1st September 25% of invoiced debt less any Enforcement Expenses incurred by the Council and any repayments to Bid Levy Payers under clause 5.4 of this agreement.
(iv) 1st December – Any further balance collected less any Enforcement Expenses incurred by the Council and any repayments to Bid Levy Payers under clause 5.3 of this agreement.
5.2 Within ninety days from the Ballot Result Date the BID Company shall provide the Council with details of its own bank account into which the BID Levy shall be transferred electronically from the BID Revenue Account on production of an invoice by the BID Company in accordance with clause 5.1
5.3 Interest earned on money in the BID Revenue Account shall form part of the BID Levy and be payable to the BID Company
5.4 In the event that a BID Levy Payer is entitled to a repayment of a BID Levy pursuant to paragraph 8(4) of Schedule 4 of the Regulations and in the event that the Council has paid such BID Levy to the BID Company including all of the contingency relating to that BID Levy the Council shall request such repayment sum from the BID Company and the BID Company shall pay the repayment sum to the Council by way of reduction in the quarterly payments, as scheduled in 5.1, and the Council shall thereafter repay the repayment sum to the BID Levy Payer. For the avoidance of doubt the BID Company shall reimburse the Council forthwith for any repayment of bid levy in circumstances where the repayment falls due after payment by the Council of the last quarterly payment within the bid term referred to in 5.1.
5.5 The BID Company shall issue to the Council a VAT invoice for the payment of the BID Levy income upon advice from the Council of the amount due.
5.6 The BID Company may only spend the BID Levy in accordance with the BID Proposals; except that if the BID is varied then from th...
Setting the BID Levy. 6.1 By the 1st April or next available working day preceding the start of each BID financial year NBC shall:- • Estimate the BID Levy due from each BID Levy Payer in accordance with the BID Levy Rules; • Confirm in writing to BIEL, as soon as practicable after billing, the BID Levy payable annually by each BID Levy Payer; and By the 1st April or next available working day preceding the start of each BID financial year BIEL shall: - • Provide the Annual Budget Report.
Setting the BID Levy. 4.1 The Council shall:-
(i) calculate the BID Levy due from each BID Levy Payer in accordance with the BID Levy Rules; and
(ii) confirm in writing to the BID Company the BID Levy payable annually by each BID Levy Payer
5.1 The Council shall set up the BID Revenue Account as soon as reasonably practicable and provide written confirmation to the BID Company once this has been carried out together with details of the account number sort code and any other details which the BID Company may reasonably specify
5.2 As soon as reasonably practicable the BID Company shall provide the Council with details of its own bank account into which the BID Levy shall be transferred from the BID Revenue Account.
Setting the BID Levy. As soon as possible after the Commencement Date, the Council shall calculate the BID Levy in accordance with the Regulations and the BID Levy Rules.
Setting the BID Levy. 4.1 As soon as possible upon the Ballot Result Date the Council shall:
4.1. 1calculate the BID Levy for each BID Levy Payer in accordance with the BID Levy Rules; and
