Statement; Payment Sample Clauses

Statement; Payment. No later than the fifteenth (15th) day of each calendar month, Concessionaire shall render to County a detailed statement showing Gross Receipts during the preceding calendar month, together with its calculation of the amount payable to County under Sections 4.2 through 4.8 inclusive, and shall accompany same with remittance of amount so shown to be due.

Statement; Payment. On or before the twenty-fifth (25th) day of each month Buyer shall furnish to Seller a statement and payment for deliveries of Gas made during the prior month. Such statement shall provide, in reasonable detail, the methodology used by Buyer to calculate the payment and/or Royalty for such month. In addition, such statement shall also show whether any liquidated damages, as set forth in Section 4.8, are due for the preceding month from Seller, which damages, if any, shall be credited against amounts due Seller under such statement. Any amounts not paid by Buyer by the due date will accrue interest at the Interest Rate, such interest to be calculated from and including the due date to, but excluding, the date the delinquent amount is paid.

Statement; Payment. If the Statement Payment Amount determined pursuant to Section 2.3(c) is positive (meaning that the sum of Closing Indebtedness plus the Closing CAL plus the Statement CSL is greater than the amount of Statement Cash Addback), then within ten (10) days after the Closing Statement is finalized Seller shall pay to Buyer an amount in cash equal to the Statement Payment Amount. If the Statement Payment Amount determined pursuant to Section 2.3(c) is negative (meaning that the sum of Closing Indebtedness plus the Closing CAL plus the Statement CSL is less than the amount of Statement Cash Addback), then within ten (10) days after the Closing Statement is finalized Buyer shall pay to Seller an amount in cash equal to the absolute value of the Statement Payment Amount.