Statement of Gross Sales Sample Clauses

Statement of Gross Sales. Tenant will furnish to Landlord statements of Gross Sales within thirty (30) days after the close of each Accounting Quarter and an annual statement certified as accurate by an officer of Tenant within ninety (90)
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Statement of Gross Sales. See 4.3, above
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Statement of Gross Sales. Tenant shall deliver the following to Landlord: (a) Within 10 days after the end of each calendar month, Tenant shall deliver to Landlord a written report (substantially in the form of Exhibit B attached hereto) of Tenant’s Gross Sales, less permitted exclusions, if any, for the previous month, with a sales verification signed by Tenant or its authorized representative (the “Sales Report”). If Tenant fails to deliver the Sales Report, in satisfactory form, within the requisite time period, Tenant shall pay the Landlord a late charge of Twenty Dollars ($20) per day until such time as the Sales Report is received by Landlord. (b) Within 60 days after the end of each Contract Year and after the termination of this Contract, an annual statement of Gross Sales for the Contract Year or portion of the Contract Year just ended which shall conform to and be in accordance with generally accepted accounting principles. The annual statement shall be accompanied by the signed certificate of an independent certified public accountant stating specifically that (i) the certifier has examined the report of Gross Sales for the preceding Contract Year, (ii) the examination included such tests of Tenant's books and records as the certifier considered necessary or appropriate under the circumstances, (iii) such report presents fairly the Gross Sales of the preceding Contract Year, and (iv) the Gross Sales conform with and are computed in compliance with the definition of Gross Sales herein. If Tenant shall fail to deliver such annual statement and certificate to Landlord within the sixty (60) day period, Landlord shall have the right thereafter to employ an independent certified public accountant to examine such books and records as may be reasonably necessary to certify the amount of Tenant's Gross Sales for such Contract Year, and Tenant shall pay to Landlord the cost thereof as examination. (c) Landlord and its representatives shall have the right upon three (3) days prior written notice to Tenant to audit or examine all Tenant’s sales records which Landlord may desire. In addition, if Gross Sales have been understated by more than four percent (4%) and Landlord is entitled to an increase in Percentage Rent as a result of such understatement, then Tenant shall pay the cost of such audit, plus a fifteen percent (15%) administrative fee, which cost and fee shall be paid to Landlord without demand. In addition, if Gross Sales are found to have been understated by more than fiv...
Sample 1
Statement of Gross Sales. 1) On or before the 10th day of each month, following the preceding month, whether on not percentage rent is payable, Tenant shall deliver to Landlord a complete and correct statement showing in reasonable detail all Gross Sales for the immeadiate preceding calendar month, which statement shall be signed by an officer or authorized agent of Tenant certifying it to be true and accurate.
Sample 1
Statement of Gross Sales. Tenant shall furnish to Landlord a statement of Tenant’s Gross Sales for the prior calendar year, or partial calendar year as the case may be, within twenty (20) days after the end of each calendar year or within twenty (20) days after the expiration or sooner termination of this Lease. Each statement shall be signed and certified to be correct by Tenant or its authorized representative, and if Tenant is a corporation, the statement shall be signed and certified to be correct by the appropriate officer of Tenant.
Sample 1
Statement of Gross Sales. Lessee agrees to submit the following to Lessor: monthly statements of Monthly Gross Sales received from the business operated on the Premises, due within 15 days following the last day of each successive calendar month of the lease term (or of any option renewal term of the Lease following the conclusion of the Free Rent Period; a statement of yearly gross sales, due within 60 days immediately following the end of the first and each succeeding full year of the term of the Lease; and a statement of Monthly Gross Sales made since the last monthly statement, due within 30 days following the expiration or earlier termination of the Lease. The first yearly statement shall include gross sales for the first 12 whole months and any partial months immediately following the Free Rent Period of this Lease. All such statements shall be signed by a responsible and authorized financial officer of Lessee certifying the amount of Monthly Gross Sales (as defined in the Lease ) defined for the period to be accounted for. If by any such monthly or yearly statement it appears that any Monthly Percentage Rent is due and payable to Lessor for the preceding monthly or yearly period, such Monthly Percentage Rent shall be paid to Lessor on the next first day of a calendar month following the date said monthly or yearly statement is rendered. All Monthly Base Rent and Monthly Percentage Rent shall be paid to Lessor without deduction or offset.
Sample 1
Statement of Gross Sales. Tenant will furnish to Landlord ------------------------ statements of Gross Sales within 30 days after the close of each calendar quarterly period during the Primary Term and the Option Period, and an annual statement within 30 days after the close of each Lease Year.
Sample 1
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Related to Statement of Gross Sales

  • Gross Sales Notwithstanding anything in the Lease to the contrary the definition of Gross Sales shall be as follows:

  • Contract Quarterly Sales Reports The Contractor shall submit complete Quarterly Sales Reports to the Department’s Contract Manager within 30 calendar days after the close of each State fiscal quarter (the State’s fiscal quarters close on September 30, December 31, March 31, and June 30). Reports must be submitted in MS Excel using the DMS Quarterly Sales Report Format, which can be accessed at xxxxx://xxx.xxx.xxxxxxxxx.xxx/business_operations/ state_purchasing/vendor_resources/quarterly_sales_report_format. Initiation and submission of the most recent version of the Quarterly Sales Report posted on the DMS website is the responsibility of the Contractor without prompting or notification from the Department’s Contract Manager. If no orders are received during the quarter, the Contractor must email the DMS Contract Manager confirming there was no activity.

  • Quarterly Sales Reports The Contractor shall submit a completed Quarterly Sales Report electronically, in the required format, to the Department’s Contract Manager within thirty (30) calendar days after close of each quarter. The quarterly sales report can be found here: xxxxx://xxx.xxx.xxxxxxxxx.xxx/business_operations/ state_purchasing/vendor_resources/quarterly_sales_report_format. The Contract Quarterly Sales Report will include all sales and orders associated with this Contract from Customers received during the reporting period. Initiation and submission of the Sales Report is the responsibility of the Contractor without prompting or notification from the DMS Contract Manager. Failure to provide the quarterly sales report will result in the imposition of financial consequences and may result in the Contractor being found in default and the termination of the Contract. Initiation and submission of the quarterly sales report are the responsibility of the Contractor without prompting or notification by the Department. Sales will be reviewed on a quarterly basis. If no sales are recorded during the period, the Contractor must submit a report stating that there was no activity. If no sales are recorded in two consecutive quarters, the Contractor may be placed in probationary status or the Department may terminate the Contract. Quarter 1 – (July-September) – due 30 calendar days after the close of the period Quarter 2 – (October-December) – due 30 calendar days after the close of the period Quarter 3 – (January-March) – due 30 calendar days after the close of the period Quarter 4 – (April-June) due 30 calendar days after the close of the period Exceptions may be made if a delay in submitting reports is attributable to circumstances that are clearly beyond the control of the Contractor. The burden of proof of unavoidable delay shall rest with the Contractor and shall be supplied in a written form and submitted to the Department. The Department reserves the right to request additional sales information as needed.

  • CONTRACT SALES ACTIVITY REPORT Each calendar quarter, Vendor must provide a contract sales activity report (Report) to the Sourcewell Contract Administrator assigned to this Contract. A Report must be provided regardless of the number or amount of sales during that quarter (i.e., if there are no sales, Vendor must submit a report indicating no sales were made). The Report must contain the following fields: • Customer Name (e.g., City of Staples Highway Department); • Customer Physical Street Address; • Customer City; • Customer State/Province; • Customer Zip Code; • Customer Contact Name; • Customer Contact Email Address; • Customer Contact Telephone Number; • Sourcewell Assigned Entity/Participating Entity Number; • Item Purchased Description; • Item Purchased Price; • Sourcewell Administrative Fee Applied; and • Date Purchase was invoiced/sale was recognized as revenue by Vendor.

  • NASPO ValuePoint Summary and Detailed Usage Reports In addition to other reports that may be required by this solicitation, the Contractor shall provide the following NASPO ValuePoint reports.

  • Certified and Minority Business Enterprises Reports Upon Customer request, the Contractor shall report to the requesting Customer the Contractor’s spend with certified and other minority business enterprises in the provision of commodities or services related to the Customer’s orders. These reports shall include the period covered, the name, minority code, and Federal Employer Identification Number of each minority business utilized during the period; commodities and services provided by the minority business enterprise, and the amount paid to each minority business enterprise on behalf of the Customer.

  • Net Sales The term “

  • Annual Compliance Statements The Master Servicer, the Special Servicer, the Certificate Administrator, the Custodian and, if it has made an Advance during the applicable calendar year, the Trustee shall furnish (and each of the Master Servicer, the Special Servicer, the Custodian and the Certificate Administrator (i) with respect to any Additional Servicer of such party that is a Mortgage Loan Seller Sub-Servicer, shall use commercially reasonable efforts to cause such Additional Servicer to furnish, and (ii) with respect to any other Additional Servicer of such party (other than any party to this Agreement), shall cause such Additional Servicer to furnish) (each such Additional Servicer and each of the Master Servicer, the Special Servicer, the Custodian, the Certificate Administrator and the Trustee (if applicable), a “Certifying Servicer”) to the Certificate Administrator, the Serviced Companion Loan Holders (or, in the case of a Serviced Companion Loan that is part of an Other Securitization Trust, the applicable Other Depositor and Other Exchange Act Reporting Party), the Operating Advisor (only in the case of an Officer’s Certificate furnished by the Special Servicer and after the occurrence and during the continuance of a Control Termination Event) and the Depositor on or before March 1 of each year, commencing in March 2017, an Officer’s Certificate (together with a copy thereof in XXXXX compatible format, or in such other format as otherwise agreed upon by the Depositor, the Certificate Administrator, the applicable Other Depositor, the applicable Other Exchange Act Reporting Party and the applicable Certifying Servicer) stating, as to the signer thereof, that (A) a review of such Certifying Servicer’s activities during the preceding calendar year or portion thereof and of such Certifying Servicer’s performance under this Agreement, or the applicable Sub-Servicing Agreement or primary servicing agreement in the case of an Additional Servicer, has been made under such officer’s supervision and (B) to the best of such officer’s knowledge, based on such review, such Certifying Servicer has fulfilled all its obligations under this Agreement, or the applicable Sub-Servicing Agreement or primary servicing agreement in the case of an Additional Servicer, in all material respects throughout such year or portion thereof, or, if there has been a failure to fulfill any such obligation in any material respect, specifying each such failure known to such officer and the nature and status thereof. The Master Servicer and the Special Servicer shall, and the Master Servicer and the Special Servicer shall cause (or, in the case of an Additional Servicer that is a Mortgage Loan Seller Sub-Servicer, shall use its commercially reasonable efforts to cause) each Additional Servicer hired by it to, forward a copy of each such statement to, prior to the occurrence and continuance of a Consultation Termination Event, the Controlling Class Representative and, for posting to the Rule 17g-5 Information Provider’s Website pursuant to Section 12.13, the Rule 17g-5 Information Provider. Promptly after receipt of each such Officer’s Certificate, the Depositor (and, in the case of a Serviced Companion Loan that is part of an Other Securitization Trust, the applicable Other Depositor and Other Exchange Act Reporting Party) may review each such Officer’s Certificate and, if applicable, consult with the Certifying Servicer, as applicable, as to the nature of any failures by such Certifying Servicer, respectively, or any related Additional Servicer with which the Master Servicer or the Special Servicer, as applicable, has entered into a servicing relationship with respect to the Mortgage Loans or the Companion Loans in the fulfillment of any Certifying Servicer’s obligations hereunder or under the applicable sub-servicing or primary servicing agreement. The obligations of each Certifying Servicer under this Section apply to each Certifying Servicer that serviced a Mortgage Loan or Companion Loan during the applicable period, whether or not the Certifying Servicer is acting in such capacity at the time such Officer’s Certificate is required to be delivered. With respect to each Outside Serviced Mortgage Loan serviced under the applicable Outside Servicing Agreement, the Certificate Administrator shall request, and upon receipt deliver to the Depositor, from a “Servicing Officer” or “Responsible Officer” (as such terms are defined in the applicable Outside Servicing Agreement), as applicable, of the related Outside Servicer, Outside Special Servicer, Outside Custodian, Outside Trustee and Outside Paying Agent or Outside Certificate Administrator an Officer’s Certificate in form and substance similar to the Officer’s Certificate described in this Section or such other form as is set forth in the Outside Servicing Agreement.

  • Sales Reports On or before the twentieth (20th) day of each calendar month after the First Month, Tenant shall submit to City a report (the “Sales Report”) showing all Gross Revenues achieved with respect to the prior month by location, segregated by each source or general type of article sold or service rendered. Such report shall be certified as being true and correct by Tenant and shall otherwise be in form and substance satisfactory to Director. As described below, City shall have the right, in addition to all other rights herein, to impose a fine in the event Tenant shall fail to submit such Sales Report timely.

  • Ad Hoc Sales Reports The Department may require additional Contract sales information such as copies of purchase orders or ad hoc sales reports. The Contractor shall submit these documents and reports in the format acceptable to the Department and within the timeframe specified by the Department.

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