Reports and Payments. (a) By September 1 of each year of this Agreement, LICENSEE shall furnish a report to AACT setting forth the annual operating budget for the next operating year. AACT will consider declaration of budget on the AACT membership form as LICENSEE’s report. (b) License fees shall be payable at the time the annual report is submitted to AACT.
Appears in 9 contracts
Sources: Ascap Community Theatre License Agreement, Ascap Community Theatre License Agreement, Ascap Community Theatre License Agreement