Examples of Green Fees in a sentence
Xxxxx shall maintain adequate and complete records showing the total gross operating receipts from all sources of revenue including Green Fees from the Xxxxxxxxx Lake Golf Course operation and shall deliver to the City's designated representative a monthly report of gross operating revenue on a form reasonably acceptable to the City with the monthly payment of Rent.
In addition to lease payment above Hardy shall pay a monthly applicable percentage of Gross Operating Revenue and an applicable percentage of Green Fees, along with any applicable leasehold tax, which shall be paid within fifteen (15) days of the last day of each month in accordance with Exhibit "D" attached hereto and incorporated by reference as though fully set forth.
Xxxxx shall keep on the Premises complete and accurate books and records of all business conducted with respect to the Premises and the City may have Formatted: Font: 12 pt, Not Highlight Comment [GGS3]: Don – I did not include Green Fees since that is a separate stand-alone item.
The amount of the applicable percentage of Gross Operating Revenue as defined herein and amount of the applicable percentage of Green Fees shall be calculated by Xxxxx within five (5) days following the end of each month during the term of this Agreement.
Formatted: Font: 12 pt Formatted: Font: 12 pt Formatted: Font: 12 pt, Not Highlight Formatted: Font: 12 pt Formatted: Font: 12 pt Comment [GGS4]: Don – Removed Green Fees from Gross Operating Revenues since that is a separate item subject to a different percentage rate.