Percentage Privilege Fee (PPF. The PPF is five percent (5%) of Company’s monthly Gross Receipts, as defined below, for the previous month as presented in Company's Monthly Statement of Gross Receipts. Company is responsible for paying the PPF amount to the Authority within fifteen (15) days from the date of the Authority's invoice, commencing on the month following the first month of this Agreement.
Appears in 12 contracts
Sources: Operating Agreement, Operating Agreement, Operating Agreement
Percentage Privilege Fee (PPF. The PPF is five percent (5%) percent of Company’s monthly Gross Receipts, as defined below, for the previous month as presented in Company's Monthly Statement of Gross Receipts. Company is responsible for paying the PPF amount to the Authority within fifteen (15) days from the date of the Authority's invoice, commencing on the month following the first month of this Agreement.
Appears in 7 contracts
Sources: Operating Agreement, Operating Agreement, Operating Agreement
Percentage Privilege Fee (PPF. The PPF is five percent (5%) of Company’s monthly Gross Receipts, as defined below, for the previous month as presented in Company's Monthly Statement of Gross Receipts. Company is responsible for paying the PPF amount to the Authority within fifteen (15) days from the date of the Authority's invoice, commencing on the month following the first month of this Agreement.. SAMPLE
Appears in 3 contracts
Sources: Operating Agreement, Operating Agreement, Operating Agreement