Common use of Amount and Payment Clause in Contracts

Amount and Payment. During the term of the franchise, you agree to pay us a royalty fee of five and one-half percent (5-1/2%) of the weekly royalty sales of the Store. This fee must be postmarked on Monday and paid by Wednesday of each week on royalty sales for the week ending on the preceding Sunday, if paying by mail, or paid by Thursday if we require you to pay by electronic funds transfer as provided in Section 6.4 below.

Appears in 1 contract

Sources: Franchise Agreement

Amount and Payment. During the term of the franchise, you agree to pay us a royalty fee of five and one-half percent (5-1/2%5!%) of the weekly royalty sales of the Store. This fee must be postmarked on Monday and paid by Wednesday of each week on royalty sales for the week ending on the preceding Sunday, if paying by mail, or paid by Thursday if we require you to pay by electronic funds transfer as provided in Section 6.4 below.

Appears in 1 contract

Sources: Franchise Agreement

Amount and Payment. During the term of the franchise, you agree to pay us a royalty fee of five and one-half percent (5-1/2%) of the weekly royalty sales of the Store. This fee must be postmarked on Monday and paid by Wednesday WednesdayThursday of each week on royalty sales for the week ending on the preceding Sunday, if paying by mail, or paid by Thursday if we require you to pay pay. Payment must be made by electronic funds transfer as provided in Section 6.4 below. or as we may otherwise designate from time to time.

Appears in 1 contract

Sources: Franchise Agreement