Common use of Receipts/Deposits Verification Clause in Contracts

Receipts/Deposits Verification. Unexplained differences between what the Contractor reports collected as Operating Receipts under the Operating Reports in Section 6.07(b)(4) and the actual received in the Authority’s account may result in Liquidated Damages being assessed of Two Hundred Dollars ($200) for each unexplained difference including payment of any difference due to the Authority.

Appears in 2 contracts

Samples: Concession Management Contract, Concession Management Contract

AutoNDA by SimpleDocs

Receipts/Deposits Verification. Unexplained differences between what the Contractor reports collected as Operating Receipts under the Operating Reports in Section 6.07(b)(4) and the actual received in the Authority’s account may result in Liquidated Damages being assessed in the amount of Two Hundred Dollars ($200) for each two (2) or more unexplained difference including payment of any difference due to the Authoritydifferences.

Appears in 2 contracts

Samples: www.mwaa.com, www.metwashairports.com

AutoNDA by SimpleDocs
Time is Money Join Law Insider Premium to draft better contracts faster.