Examples of Gross Sales in a sentence
Notwithstanding the foregoing, the Parties acknowledge the difficulty in computing actual Town Costs and have agreed to utilize a fixed percentage of Gross Sales as specified in Paragraph 2.A.1 above in lieu of attempting to determine actual Town Costs incurred.
The Company shall submit annual written reports to the Town within thirty (30) days after the payment of each of its annual installments of the Annual Community Impact Fees with a certification of: (1) its annual Gross Sales; and (2) its compliance with all other requirements of this Agreement.
Concession Agreements include a compensation structure which is a monthly commission fee based on a specified percentage of Total Gross Sales.
The Independent Financial Audit shall include those parts of the Company’s books and financial records which relate to payments required under Section 2 of this Agreement and shall include a certification of itemized annual Gross Sales, and all other information required to ascertain compliance with the terms of this Agreement.
The Company’s Gross Sales are expected to be reported to the CCC and the DOR.