Payment of Net Revenues Sample Clauses
The "Payment of Net Revenues" clause defines how and when the net revenues generated from a particular activity, project, or agreement are to be distributed among the parties involved. Typically, this clause specifies that only the revenues remaining after deducting agreed-upon expenses, costs, or fees will be paid out, and it may outline the timing, method, and proportion of such payments. Its core practical function is to ensure transparency and fairness in revenue sharing by clearly establishing what constitutes net revenues and how they are allocated, thereby preventing disputes over payment calculations.
Payment of Net Revenues. The Net Revenues paid to the Band pursuant to this Article 5 shall be payable to the Band bank account specified by the Pokagon Council in a notice to Manager pursuant to Section 18.2.
Payment of Net Revenues. The Net Revenues paid to MBPI pursuant to this Section 6.5 shall be payable to an MBPI bank account specified by the Tribal Council in a notice to MPM pursuant to Section 8.2.
Payment of Net Revenues. Manager is authorized to transfer funds from the bank accounts of the Gaming Enterprise to the bank accounts of Manager and the Authority in order to distribute Net Revenues and any other amounts due under this Article. The Net Revenues paid to the Authority pursuant to this Section shall be payable to the bank account specified by the Authority pursuant to ARTICLE 7.
Payment of Net Revenues. The Net Revenues paid to the Tribe pursuant to this Section 6 shall be payable to a Tribal bank account specified by the Tribal Legislature in a notice to Manager pursuant to Section 9.2.
Payment of Net Revenues. 16 10.2 Audit ................................................. 16
Payment of Net Revenues. The Net Revenues paid to SHINGLE SPRINGS pursuant to this section 6 shall be payable to SHINGLE SPRINGS bank account specified by the Council in a notice to KAR pursuant to Section 9.2.
Payment of Net Revenues. The Net Revenues paid to the Company pursuant to this Article V shall be payable to the Company bank account specified by the Company.
Payment of Net Revenues. 38 Harr▇▇'▇ ▇▇▇mination Agreement.......................................39
Payment of Net Revenues. Gateway shall pay to the Lessee each year an amount equal to fifty percent (50%) of Common Area Net Revenue. Common Area Net Revenue shall be payable on or before February 15 following the end of each year for which such payments are due. Notwithstanding the preceding, in the event the Arena is constructed and there is an obligation to share Common Area Net Revenue with an operator or lessee of the Arena, the Lessee's share of Common Area Net Revenue shall be diluted equally with Gateway's share, but in no event shall the Lessee's share of such Common Area Net Revenue be less than thirty-three and one-third percent (33-1/3%).
Payment of Net Revenues. The Manager is authorized to transfer funds from the Gaming Facility Bank Account(s) to the Manager’s bank accounts and/or the Tribe’s bank accounts in order to distribute Net Revenues and any other amounts due under this . The Net Revenues paid to the Tribe pursuant to this shall be payable to the Tribal bank account specified by the Business Board pursuant to Section Error! Reference source not found..