Payment and Accounting from the Sale of On - Line Merchandise. --------------------------------------------------------------
Payment and Accounting xxx.xxx will invoice FTDI within 15 days of the end of each month for services rendered in such month. FTDI will pay such invoice within 30 days of receipt.
Payment and Accounting. Publisher computes royalties on a biannual basis divided into December 1-May 31; June 1-November 30 (each a “Royalty Period”). The first payment of royalties will occur within sixty (60) days following the close of Publisher’s first Royalty Period after the first publication date of the Work. Publisher will continue paying accrued royalties to Author on a biannual basis, with such payments occurring within sixty (60) days following the end of each Royalty Period. On a biannual basis, in addition to providing payment of any amounts then owing to Author, Publisher will provide Author a statement of net units sold and royalty due. Each Royalty Period, Publisher will have the right to keep in reserve an amount of royalties sufficient to cover reasonably anticipated future credits, refunds, and returns, as follows. Publisher may withhold an amount consistent with the returns history of the relevant channels and accounts and/or actual returns data for the Work available to Publisher at the time of calculating the reserve. Each reserve withheld by Publisher will be credited back to Author, to the extent not applied to actual credits, refunds, or returns, in the accounting for the following Royalty Period. Author, upon giving Publisher thirty (30) days prior written notice, will have the right to examine, or cause to be examined by Author’s certified public accountant, the books of account of Publisher related to Publisher’s sales of the Work. Any such examination will be conducted no more frequently than once during each calendar year, and no such examination for any accounting period may be conducted more than once. In the event any such examination should reveal a deficiency (which is either admitted by Publisher or confirmed by a court of competent jurisdiction) exceeding ten percent (10%) of the total royalties which should have been paid to Author by Publisher for the period under examination, the reasonable cost of such examination (but not to exceed fifty percent [50%] of the amount of any such deficiency) shall be paid by Publisher. Otherwise, Author will pay all costs of the examination. All royalty statements will be binding upon and deemed accepted by Author two (2) years from the date of the statement unless Author provides Publisher with a written notice identifying any claimed discrepancy. In the event that Author owes Publisher any monies and said amounts are past due, or in the event of an over payment of royalties due to returns or otherwise, Pub...
Payment and Accounting. Royalties due under this Agreement shall be paid in U.S. dollars to the bank account specified by LTC within 45 days after each of December 31, March 31, June 30, and September 30, in relation to the period of three (3) calendar months (or less in the case of the first such period ) ending on such date. At the same time as payment of royalties is made, Licensee shall provide to LTC a statement setting out the sales of products manufactured using the Licensed Technology made during the period to which such royalties relate, the type and description of product in question, the applicable Net Sales Price, the amount of royalties payable and the amount of any tax withheld. Overdue payments shall bear interest at the annual rate of two percent (2%) above the prime rate of Citibank, in New York.
Payment and Accounting. Royalties due to Licensor shall be ------------ ---------------------- due and payable by Licensee on a calendar quarter basis, payable no later than the 30th day following the end of each calendar quarter of a Year. Such payment shall be accompanied by a written accounting of all Product sold by Licensee during such quarter (the "Royalty Notice").
Payment and Accounting xXXxX*s shall invoice iTurf within 45 days of the end of each fiscal quarter for services rendered in such fiscal quarter. iTurf shall pay such invoice within 30 days of receipt. EXHIBIT B FULFILLMENT SERVICES: xXXxX*s shall provide, by itself or through its subsidiaries the services described below.
Payment and Accounting. There is a yearly fee of $35.00 to show your work in the Artist Market. • The value of an item is determined by the Consignor at the time it is transferred to the shop. (see Labeling) 75% of that value will be paid to the Consignor only after that item has sold. • The Shop aligns its accounting with the six exhibits that the Gallery hosts each year. At the end of each exhibit, the books are closed and checks will be sent out to everyone that sold items since the last show closed. (approximately every two months) • The Shop collects and remits sales tax (if applicable) on the items sold. Greensburg Art Center / Xxxx Gallery Artist Market Consignment Agreement I agree to this consignment arrangement between The Xxxx Gallery Artist Market (Consignee) and (Consignor)on this date By signing below, as the Consignor, I acknowledge that I have read and understand all terms and conditions as noted above.
Payment and Accounting. The Company shall make an initial donation to Charity, in the amount stated above based on sales of the Promotion Product, within 90 days of the start of the Promotion Period. The Company shall continue to make further donations to Charity, in the amount stated above based on sales of the Promotion Product, every 90 days through expiration or termination of this Agreement. The Company shall provide Charity with a final accounting within 90 days of the end of the Promotion Period of the total donation made to Charity based on sales of the Promotion Product, and shall retain the final accounting and make it available to the Charity for a period of three (3) years following completion of the Promotion. The Charity donation is deemed to occur contemporaneously with receipt of the funds from the consumer purchasing the Promotion Product. All Charity donations are held in trust for Charity by the Company. Charity donations not immediately paid or delivered to Charity shall be held in trust for the benefit of Charity and be promptly paid or delivered to Charity by the Company as described above. All payments to Charity shall be made online at xxxxxxxxxx0.xxx/xxxxxx, or via check payable to ‘Beyond Type 1’ and sent to Beyond Type 1, c/o Xxxx Xxxxx, 000 Xxxxxxxxxxx Xx, Xxxxx 000, Xxxxx Xxxx, XX 00000.
Payment and Accounting. A. Publisher computes royalties on a biannual basis divided into January 1 to June 30 and July 1 to December 31 (each a “Royalty Period”). The first payment of royalties will occur within ninety (90) days following the close of Publisher’s first Royalty Period after the first publication date of the Work. Publisher will continue paying accrued royalties to Author on a biannual basis, with such payments occurring within ninety (90) days following the end of each Royalty Period. On a biannual basis, in addition to providing payment of any amounts then owing to Author, Publisher will provide Author a statement of net units sold and royalty due.
Payment and Accounting. Landlord shall provide to Tenant, at or before the Commencement Date, a good faith estimate of annual Operating Costs of the Building, Operating Costs for the Real Property and Taxes (collectively the "Operating Costs") for the remainder of the calendar year in which the Commencement Date occurs. Landlord shall also provide to Tenant, as soon as possible following the first day of each succeeding calendar year, a good faith estimate of the annual Operating Costs for the then- current year. Based on such estimates, Tenant's annual payment obligation to Landlord for the Operating Costs shall be divided into twelve (12) equal monthly installments. Tenant shall pay to Landlord such monthly installments with each monthly payment of base rent. In the event the estimated amount of Tenant's payment obligation to Landlord for the Operating Costs has not yet been determined at the beginning of any calendar year, Tenant shall pay the monthly installment in the estimated amount determined for the preceding calendar year until the estimate for the current calendar year has been provided to Tenant. At such time as the estimate for the current calendar year is received, Tenant shall then pay any shortfall or receive a credit for any surplus for the preceding months of the current calendar year and shall, thereafter, make the monthly installment payment in accordance with the current estimate. As soon as reasonably possible following the end of each calendar year of the Lease term, Landlord shall determine and provide to Tenant a statement (the "Annual Cost Statement") setting forth the amount of Operating Costs actually incurred and the amounts thereof paid by Tenant with respect to such calendar year. In the event the amount payable by Tenant for Operating Costs exceeds the sum of the monthly installments actually paid by Tenant for such calendar year, Tenant shall pay to Landlord the difference within thirty (30) days following receipt of the Annual Cost Statement. In the event the sum of such installments paid exceeds the amount payable by Tenant for Operating Costs, the difference shall be applied as a credit to Tenant's obligation to pay future Operating Costs.
