Payment to the Authority. By no later than the twentieth (20th) day of each month during the term of this Contract, the Contractor shall pay to the Authority, the Total Gross Rental Payments due the Contractor from the Concession Operators, less the Management Fee due the Contractor. The Total Gross Rental Payments are due to the Authority for all Concession Operators in possession and operating from the Premises even if the Contractor is not paid by the Concession Operators. Collection of unpaid Total Gross Rental Payments from Concession Operators is solely the Contractor’s responsibility; the Contractor shall not be entitled to relief under this Contract in the event of any such unpaid Total Gross Receipts.
Payment to the Authority. 26.1.1 Effective from the COD and during the Operations Period, the Concessionaire shall pay to the Authority, Revenue Share Payment for each year of an amount equal to <<to be quoted by the bidder over and above 2.5%>> of the Realizable Fee, as certified by an auditor, through a demand bank draft drawn in favour of the Authority (“Revenue Share Payment”)
Payment to the Authority. The Authority will receive its share of any Refinancing Gain as a reduction in the amount of the Substantial Completion Payment.
Payment to the Authority. FOR ELECTRIC POWER AND ENERGY DELIVERED: Distributor agrees to pay Authority each month for electric power and energy in accordance with the terms and conditions of this agreement.
