Common use of Statement of Ticket Sales Clause in Contracts

Statement of Ticket Sales. Each remittance shall be accompanied by a weekly statement of Gross Revenue and Gross Receipts for each Sweepstake, which shall be subject to verification by Power's designated accountants and, which statement shall disclose the total Gross Revenue and total Net Revenue, the method used to calculate the ticket sales, other non-sweepstakes revenue and payment, and the amount due Power. All such statements shall be in a form determined in accordance with generally accepted accounting principles and acceptable to Power (See also Comprehensive Audit and Accounting Procedures in Article 9 below).

Appears in 1 contract

Samples: License Agreement (2u Online Com Inc)

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Statement of Ticket Sales. Each remittance shall be accompanied by a weekly statement of Gross Revenue and Gross Receipts for each SweepstakeLottery, which shall be subject to verification by Power's designated accountants and, which statement shall disclose the total Gross Revenue and total Net Revenue, the method used to calculate the ticket sales, other non-sweepstakes gaming revenue and payment, and the amount due Power. All such statements shall be in a form determined in accordance with generally accepted accounting principles and acceptable to Power E-Card (See also Comprehensive Audit and Accounting Procedures in Article 9 11 below).

Appears in 1 contract

Samples: Proprietary Technology Usage License Agreement (Cardstakes Com Inc)

Statement of Ticket Sales. Each remittance shall be accompanied Accompanied by a weekly statement of Gross Revenue and Gross Receipts for each Sweepstake, Lottery which shall be subject to verification by Power's designated accountants and, and which statement shall disclose the total Gross Revenue and total Net Revenue, the method used to calculate the ticket sales, other non-sweepstakes gaming revenue and payment, and the amount due Power. All such statements shall be in a form determined in accordance with generally accepted accounting principles and acceptable to Power E-Card (See also Comprehensive Audit and Accounting Accounting, Procedures in Article 9 11 below).

Appears in 1 contract

Samples: Proprietary Technology Usage License Agreement (Power Direct Inc)

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Statement of Ticket Sales. Each remittance shall be accompanied by a weekly statement of Gross Revenue and Gross Receipts for each Sweepstake, which shall be subject to verification by Power's designated accountants and, which statement shall disclose the total Gross Revenue and total Net Revenue, the method used to calculate the ticket sales, other non-sweepstakes sweepstake revenue and payment, and the amount due Power. All such statements shall be in a form determined in accordance with generally accepted accounting principles and acceptable to Power (See also Comprehensive Audit and Accounting Procedures in Article 9 below).

Appears in 1 contract

Samples: Sublicensing Agreement (2u Online Com Inc)

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