Accounting Periods. The Termination Fee shall be payable to the Tenant from the Landlord on the twenty-fifth (25th) day of each applicable Accounting Period(s). If the Termination Fee begins to accrue on any day other than the first (1st) day of an Accounting Period, the Termination Fee for such partial Accounting Period shall be prorated on a per diem basis. If this Lease Agreement is terminated for any reason, in consideration for the Termination Notice and/or the Termination Fee, Tenant shall cooperate with Landlord to facilitate the issuance or transfer of Licenses to the Landlord or such other Entity which is approved by the Landlord.
Accounting Periods. Landlord shall have the right from time to time to change the periods of accounting hereunder to any other annual period than a Calendar Year, and upon any such change, all items referred to in this Article 6 shall be appropriately apportioned. In all statements rendered under Section 6.02, amounts for periods partially within and partially without the accounting periods shall be appropriately apportioned, and any items which are not determinable at the time of a statement shall be included therein on the basis of Landlord's estimate and with respect thereof Landlord shall render promptly after determination a supplemental statement and appropriate adjustment shall be made according thereto.
Accounting Periods. Tenant will provide Manager with evidence of Tenant’s payment of the Property Insurance Premiums, and the receipt of any credits, rebates and discounts, within five days after Manager’s request. For each Fiscal Year, Manager will reconcile interim Property Insurance Premium payments with the actual amount for the entire Fiscal Year, and Tenant and Manager will make any necessary adjustments following Tenant’s receipt of each Accounting Period Statement or Annual Operating Statement, as applicable. Manager will only be required to pay Property Insurance Premiums to the extent of available Gross Revenues. Tenant will pay all premiums under insurance policies that it procures before any fine, penalty or interest is incurred.
Accounting Periods. Accounts are made up at our sole discretion at the end of each monthly, quarterly, half-yearly or yearly period excluding Deposit and Loan Accounts which we will periodically be making the statements available.
Accounting Periods. The accounting shall be on a calendar quarter basis. The first accounting period shall begin on the 1st day of the effective date of this Agreement. The final accounting period shall run from the end of the preceding calendar quarter until the termination date of this Agreement.
Accounting Periods. 11 6.05 Abatement of Taxes..................................11 6.06 Electric Service; Payment of Additional Rent.........................................12 6.07 Change in Rates or Usage.........................12 6.08
Accounting Periods. As to each of Seller’s Xxxxx included in the drilling plans which Seller expects to have completed and ready for production within the next twelve (12) months and for which Seller requests connection, Buyer shall immediately proceed to acquire the necessary rights-of-way and other required permits. Subject to conditions of Force Majeure, Buyer will use its commercially reasonable efforts to proceed with the construction and installation of the required facilities (including, but not limited to, gathering lines, measurement equipment and compression) necessary to receive Seller’s Gas from Seller’s Xxxxx at the Receipt Points and to receive such Gas into Buyer’s Gathering System by the time the applicable well(s) become ready for initial production or [***] days following the date of Seller’s request to connect such xxxxx, whichever is later.
Accounting Periods. Borrower shall not alter the method by which it establishes the dates on which its fiscal year and fiscal quarters end without prior written consent of Lenders.
Accounting Periods. Any such advances shall be deemed a loan by Manager to Owner in such amount (each, a "Manager Loan"), shall bear interest at one percent (1%) above the Prime Rate, and shall be repayable by Owner out of Operating Profit in the priority set forth in Section 5.02, and Capital Proceeds in the priority set forth in Section 5.03, and as required by Section 19.02 I, or out of other funds available to Owner. Owner shall evidence any such loan by executing a promissory note payable to Manager in the principal amount of each such loan and bearing interest as aforesaid. Each such note shall be payable upon the earlier of (i) ten (10) years from the date of such advance, or (ii) the sale of substantially all of the Inns; and, during the term of this Agreement, shall be payable out of Operating Profit, Capital Proceeds, and as required by Section 19.02 I.
