Pro-rated Payments. If for any reason this Agreement is terminated or expires prior to any of the foregoing payment dates, Operator shall pay Agreement Administrator the accrued amount up to the date of termination of any Retention Payments or other required payment not then paid or due. Such payment, in the case of the Retention Payments, shall be pro-rated based on the number of business days elapsed in the monthly period in which such termination occurs.
Appears in 3 contracts
Samples: Interim Concession Agreement (Saker Aviation Services, Inc.), Concession Agreement, Concession Agreement (Saker Aviation Services, Inc.)
Pro-rated Payments. If for any reason this Agreement is terminated or expires prior to any of the foregoing payment dates, Operator shall pay Agreement Administrator the accrued amount up to the date of termination of any Retention Payments or other required payment not then paid or due. Such payment, in the case of the Retention Payments, shall be pro-pro- rated based on the number of business days elapsed in the monthly period in which such termination occurs.
Appears in 2 contracts
Pro-rated Payments. If for any reason this Agreement is terminated or expires prior to any of the foregoing payment dates, Operator shall pay Agreement Administrator the accrued amount up to the date of termination of any Retention Payments Administrative Fee or other required payment not then paid or due. Such payment, in the case of the Retention PaymentsAdministrative Fee, shall be pro-rated based on the number of business days elapsed in the monthly period in which such termination occurs.
Appears in 1 contract
Samples: Temporary Use Authorization Agreement (Saker Aviation Services, Inc.)
Pro-rated Payments. If for any reason this Agreement is terminated or expires prior to any of the foregoing payment dates, Operator [SELECTED RESPONDENT] shall pay the Agreement Administrator the accrued amount up to the date of termination of any Retention Payments Fees or other required payment not then paid or due. Such payment, in the case of the Retention PaymentsFees, shall be pro-rated based on the number of business days elapsed in the monthly period in which such termination occurs.
Appears in 1 contract
Samples: Advertising Agreement