Compensation and Accounting Sample Clauses

Compensation and Accounting. A. As compensation to Manager for services provided hereunder, Manager shall be 40% for nightly rentals of the rent received. B. Manager shall furnish Owner with a monthly accounting regarding the Unit by the 15th day of the month, together with a check for amounts due to Owner, if any, for the preceding month. Monthly statements will not be sent if activity has not occurred in the Unit. C. Accounts not paid within thirty (30) days of receipt will be assessed a late fee equal to D. Owner agrees that the published rack rate for the Unit is a guideline only. Owner agrees that Manager may use their best discretion to change the nightly rate to facilitate maximum rental revenue where appropriate.

Compensation and Accounting. A. The Contractor shall have authority to receive payments from debtors and shall have authority to endorse checks, drafts, money orders which are received from debtors in payment of their delinquent accounts. B. The Contractor shall submit monthly invoices in a form and format to be approved by the City. At a minimum, each monthly invoice must contain a report that includes all payments by citation number. The Contractor’s monthly invoice is due by the 15th of each month for the previous month’s payments. C. For Delinquent collections, the Contractor will be compensated a collection fee of thirty (30%) of all payment

Compensation and Accounting. 4.1. County shall receive the greater of a Commission equal to Fifteen Percent (15.0%) of Gross Revenue for Concessions, Catering and Alcoholic Beverages payable on a monthly basis or an Annual Minimum Guarantee, based on the following schedule: Year 1 .......... $ 75,000.00 Year 2 .......... $ 90,000.00 Year 3 .......... $100,000.00 Year 4 .......... $110,000.00 Year 5 .......... $120,000.00 4.2. County will designate no more than 15 charitable events (as defined by County) for which it will waive its Commission. The total amounts waived will be subtracted from the Annual Minimum Guarantee amount due. Contractor shall pass the waived commission through to the Client’s charitable event to reduce the cost of food and services charged to the Client. 4.3. The Contractor shall furnish to the County within twenty-eight (28) days of the end of each Accounting Period an accounting statement signed by an authorized representative of the Contractor. The reports shall include a report for the Accounting Period stating Gross Receipts by source of sales and Commissions payable to County. 4.4. The County may prescribe the form of records to be kept by Contractor in accordance with this provision. Contractor shall, on reasonable demand, make available to County or any person designated by County, all records, books of account and statements maintained with respect to Gross Sales at the Facility. All records will be made available locally at the County’s request within five (5) days of said request. 4.5. The Contractor shall maintain a separate set of books and records for its operations at the Center in accordance with generally accepted accounting principles. The Contractor shall provide a Statement of Gross Revenues earned at the facility, certified by an independent certified public accountant for the period ending each contract year. The Statement shall be provided with in six weeks of the end of each contract year. 4.6. The Contractor shall keep complete and accurate inventory control records before and after each event as well as sales reports for each event held at the Facility. 4.7. The County shall have the right to make a special audit, by auditors selected by the County, of the books and records required to be made and preserved locally by Contractor. 4.8. Contractor shall collect and promptly remit all sales or other taxes required by Federal, State and local authorities for the operation of the Food Services including but not limited to sales tax payable to...

Compensation and Accounting. 3.1 Article 4 of the Agreement shall be amended as follows:

Compensation and Accounting. In consideration of the Services to be rendered by Consultant under this Agreement, Advance hereby agrees to pay Consultant $15,000 per month in equal installments every two weeks. Consultant will be responsible for the payment of income or other taxes relating to such payments.

Compensation and Accounting. FOR REVENUES 1314 Section 6.01 ICWD’s Compensation; ICWD Reimbursement 14 Section 6.02 Disposition of Polk County System Revenues 14 ARTICLE VII. SYSTEM CAPITAL INVESTMENTS 14 Section 7.01 Ownership of Polk County System Assets 14 Section 7.02 Transmission Expansion Projects 1415 Section 7.03 Distribution Expansion Investment 1415 Section 7.04 Supplemental Funding of Distribution Expansion Projects 1415 Section 7.05 Transmission Expansion Project Approval 15 Section 7.06 Capital Improvement Plan 15 Section 7.07 Lake ▇▇▇▇▇ Investments 1516 Section 7.08 Capital Asset Account 1516 ARTICLE VIII. TERM AND TERMINATION 1516 Section 8.01 Term 1516 Section 8.02 Termination 16Error! Bookmark not defined. Section 8.03 Assistance Upon Termination 1617 Section 8.04 Water Resources to Remain Pooled Upon Termination 1617 Section 8.05 Lake ▇▇▇▇▇ 1617

Compensation and Accounting. 2.1 During the Term, Perrigo agrees to pay A▇▇▇▇, as full and complete consideration for his advisory and consultation services relative to the Project, an annual fee of $370,000 USD, payable in substantially equal monthly installments. In addition, Perrigo will reimburse A▇▇▇▇ for his reasonable and necessary expenses related to the Project. 2.2 Except for VAT the fee set forth in Section 2.1 includes all applicable taxes, such as income tax, which shall be paid by A▇▇▇▇. If Perrigo should be held liable to pay such tax, then Perrigo may deduct and withhold the corresponding amount from the fee otherwise payable to A▇▇▇▇.

Compensation and Accounting