Payment to City. In the event the City determines after written notice to the Company that the Company is liable to the City for payments, costs, expenses or damages of any nature, and subject to the Company’s right to challenge such determination, the City may deduct all monies due and owing the City from any other amounts currently due and owing the Company. Upon receipt of such written notice, the Company may request a meeting between the Company’s designee and a designee of the City to discuss such determination. The City agrees to attend such a meeting. As an alternative to such deduction and subject to the Company’s right to challenge, the City may bill the Company for such assessment(s), in which case, the Company shall pay each such bill within thirty (30) days of the date of receipt of such bill unless it challenges the validity of the charge. If the Company challenges the City determination of liability, the City shall make such payments to the Company for Utility Service received by City pursuant to the Tariffs until the challenge has been finally resolved.
Payment to City. With respect to fees collected by Hotel Developer for parking spaces in the Hotel Deck, Hotel Developer shall account for such fees in the monthly statement provided under Section 5 of this Agreement and the City shall be paid:
Payment to City. 4.1 (a) Licensee shall make the License Fee payments listed below to the City for each Operating Year, consisting of the higher of the minimum annual fee or an annual percentage of gross receipts derived from the operation of the Licensed Premises: Operating Year Minimum Annual Fee Percentage of Gross Receipts Operating Year 1: October 1, 2021 to September 30, 2022 $2,500,000.00 10% Operating Year 2: October 1, 2022 to September 30, 2023 $2,500,000.00 10% Operating Year 3: October 1, 2023 to February 29, 2024 $1,041,666.65 10%
Payment to City. 4.1 Licensee shall pay the City License fees for each Operating Year consisting of the higher amount of the minimum annual fee or an annual percentage of Gross Receipts derived from the operation of the Licensed Premises as set forth below: OPERATING YEAR MINIMUM ANNUAL FEE OR % OF ANNUAL GROSS RECEIPTS 1 160,000 8% 2 168,253 8.05% 3 176,535 8.10% 4 185,271 8.15% 5 195,484 8.20% 6 204,202 8.25% 7 212,792 8.30% 8 225,264 8.35% 9 236,669 8.40% 10 248,679 8.45% 11 261,385 8.50% 12 274,769 8.55% 13 288,887 8.60% 14 303,780 8.65% 15 319,489 8.70% 16 336,059 8.75% 17 353,539 8.80% 18 371,997 8.85% 19 391,427 8.90% 20 411,942 8.95%
Payment to City. The County agrees to reimburse the City for costs incurred, pursuant to Section 4.01. The County is responsible to pay these monies to the City within thirty (30) days of being invoiced for costs incurred or services performed. Costs will be invoiced at the completion of each Project phase and upon final acceptance of the Project, unless an alternate schedule is mutually agreed upon in writing by the authorized representatives of the Parties.
Payment to City. Franchisee shall pay to the City a Franchise Fee of five percent (5%) of annual Gross Revenue (the “Franchise Fee”). In accordance with Title VI, the twelve
Payment to City. 4.1 Licensee shall pay the City License fees for each Operating Year consisting of the minimum annual fee or an annual percentage of Gross Receipts, whichever is greater, derived from the operation of the Licensed Premises as set forth below: OPERATING YEAR MINIMUM ANNUAL FEE VS. % OF ANNUAL GROSS RECEIPTS 1 $75,000 3% 2 $90,000 3.5% 3 $120,000 5% 4 $120,000 5% 5 $125,000 5% 6 $125,000 5% 7 $130,000 5% 8 $130,000 5% 9 $136,000 5% 10 $136,000 5% 11 $142,000 5% 12 $142,000 5% 13 $149,000 5% 14 $149,000 5% 15 $156,000 5% 16 $156,0000 5% 17 $163,000 5% 18 $163,000 5% 19 $171,000 5% 20 $171,000 5%
Payment to City. 4.1(a) Licensee shall pay to the City License fees for each Operating Year consisting of the annual fee as set forth below: OPERATING YEAR ANNUAL FEE 1 $300,000.00 2 $309,000.00 3 $318,270.00 4 $327,818.00 5 $337,653.00 6 $347,782.00 7 $358,216.00 8 $368,962.00 9 $380,031.00 10 $391,432.00 11 $403,175.00 12 $415,270.00 13 $427,728.00 14 $440,560.00 15 $453,777.00
Payment to City. The County agrees to reimburse the City for costs incurred, pursuant to Section 4.01(a), provided that, the County will complete all Concept Phase Activities of the Project and incur all associated Concept Phase Professional Services Costs, thus no reimbursement to the City is anticipated. The County is responsible to pay these monies to the City within thirty (30) days of being invoiced for costs incurred or services performed. Costs will be invoiced at the completion of each project phase and upon final acceptance of the project, unless an alternate schedule is mutually agreed upon in writing by the authorized representatives of the Parties.
Payment to City. 4.1 (a) Licensee shall make the License Fee payments listed below to the City for each Operating Year, consisting of the higher of the minimum annual fee or an annual percentage of gross receipts derived from the operation of the Licensed Premises: Operating Year Minimum Annual Fee Percentage of Gross Receipts Operating Year 1: $2,500,000.00 10% Operating Year 2: $2,500,000.00 10% Operating Year 3: $2,500,000.00 10% Operating Year 4: $2,500,000.00 10% Operating Year5: $2,500,000.00 10% Operating Year 6: $3,000,000.00 10% Operating Year 7 $3,000,000.00 10% Operating Year 8: $3,000,000.00 10% Operating Year 9: $3,000,000.00 10% Operating Year 10 $3,000,000.00 10%
