CONCESSION PAYMENT AND INCREASE. A. For the Initial Term of the Agreement, Concessionaire shall pay Department a minimum Concession Payment of Eight Hundred ($800.00) Dollars in accordance with the Concession Payment Schedule set forth in Exhibit B as consideration for the Concession, license and privilege granted. For subsequent Renewal Terms, if any, Concessionaire shall pay Department in accordance with the Concession Payment Schedule set forth in Exhibit B.
CONCESSION PAYMENT AND INCREASE. A. In recognition of recent events surrounding Coronavirus (COVID-19), to provide Concessionaire with greater financial flexibility, Concessionaire shall pay Department a Concession Payment of One Hundred and Fifty ($150.00) Dollars for the Period of Operation during the first (1st) calendar year of the Initial Term set forth in Subparagraph 6(A), in accordance with the Concession Payment Schedule set forth in Exhibit B as consideration for the Concession, license and privilege granted herein. The Concession Payment for the Period of Operation during the second (2nd) calendar year of the Initial Term set forth in Subparagraph 6(A), shall be the amount submitted by bidder equal to or greater than the minimum bid amount of Eight Hundred ($800.00) Dollars and shall be paid in accordance with the Concession Payment Schedule set forth in Exhibit B. For subsequent Renewal Terms, if any, Concessionaire shall pay Department in accordance with the Concession Payment Schedule set forth in Exhibit B.
CONCESSION PAYMENT AND INCREASE. A. For the Initial Term of this Agreement, Concessionaire shall pay Department Five Hundred ($500.00) Dollars in accordance with the Concession Payment Schedule set forth in Exhibit B as consideration for the Concession, license and privilege granted herein. For subsequent Renewal Terms, if any, Concessionaire shall pay Department in accordance with the Concession Payment Schedule set forth in Exhibit B.
CONCESSION PAYMENT AND INCREASE. A. For the Initial Term of this Agreement, Concessionaire shall pay Department [Insert Total Concession Payment] in accordance with the Concession Payment Schedule set forth in Exhibit B as consideration for the Concession, license and privilege granted herein. The total Concession Payment for the Initial Term shall be prorated fifty (50%) percent. For subsequent Renewal Terms, if any, Concessionaire shall pay Department in accordance with the Concession Payment Schedule set forth in Exhibit B.
CONCESSION PAYMENT AND INCREASE. A. For the Initial Term of the Agreement, Concessionaire shall pay Department compensation as indicated below:
CONCESSION PAYMENT AND INCREASE. A. In recognition of recent events surrounding Coronavirus (COVID-19), to provide Concessionaire with greater financial flexibility, Concessionaire shall pay Department a Concession Payment of One Hundred and Fifty ($150.00) Dollars for the Period of Operation during the first (1st) calendar year of the Initial Term set forth in Subparagraph 6(A), in accordance with the Concession Payment Schedule set forth in Exhibit B as consideration for the Concession, license and privilege granted herein. The Concession Payment for the Period of Operation during the second (2nd) calendar year of the Initial Term set forth in Subparagraph 6(A), shall be the amount submitted by bidder equal to or greater than the minimum bid amount of One Thousand Six Hundred ($1,600.00) Dollars and shall be paid in accordance with the Concession Payment Schedule set forth in Exhibit
CONCESSION PAYMENT AND INCREASE. A. In recognition of ongoing construction of the new beach recreation complex at Lake Absegami, to provide Concessionaire with greater financial flexibility, Concessionaire shall pay Department a Concession Payment of Four Hundred Fifty ($450.00) Dollars for the Period of Operation during the Initial Term set forth in Subparagraph 6(A), in accordance with the Concession Payment Schedule set forth in Exhibit B as consideration for the Concession, license and privilege granted herein. The Concession Payment for the First (1st) Renewal Term, if any, shall be a minimum Concession Payment of $900.00 Dollars and shall be paid in accordance with the Concession Payment Schedule set forth in Exhibit B. For subsequent Renewal Terms, if any, Concessionaire shall pay Department in accordance with the Concession Payment Schedule set forth in Exhibit B.
