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2006-052-RES-Sublease RRVF and Paris Rodeo & Horse Club
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2006-052-RES-Sublease RRVF and Paris Rodeo & Horse Club
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Last modified
8/18/2006 4:26:23 PM
Creation date
4/3/2006 10:31:08 AM
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CITY CLERK
Doc Name
2006
Doc Type
Resolution
CITY CLERK - Date
3/27/2006
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<br />conducted on or from the subleased premises by Sublessee and all <br />others, whether such money be evidenced by check, credit, charge, <br />exchange, or otherwise. <br /> <br />a. The term "gross receipts" includes, but is not limited to, <br />the following: <br /> <br />1. The amounts received from the sale of merchandise or <br />serVlces sold or performed, in, on, or from the subleased premises. <br /> <br />11. Proceeds from rentals of the premises. <br /> <br />iii. The amounts received for ticket sales for any activity on <br />the premises. <br /> <br />lV. Amounts received for Sublessee's annual rodeo. <br /> <br />v. The amounts received from any other source. <br /> <br />Vl. The terms "sums of money" shall include services rendered <br />or value received by Sublessee from others in lieu of money <br />received for use of the premises. This does not include donated <br />services for charitable purposes. <br /> <br />Statement of Gross Receipts <br /> <br />#2.03. On or before the 15th day following the end of each <br />quarter of each year of this Sublease, Sublessee must furnish <br />Sublessor with a true and accurate statement, signed by Sublessee <br />or by an authorized representative of Sublessee, showing its gross <br />receipts for each month during the term of this sublease and any <br />extension of this sublease. For the purposes of this paragraph, <br />"Each quarter" means April 15th, July 15th, October 15th and <br />January 15th of each year, beginning May 15th, 2006. <br /> <br />Sublessee agrees to provide its statement of gross receipts to <br />Sublessor by sending a copy to Sublessor's mailing address, located <br />at 570 East Center Street, Paris, Texas 75460, or such other <br />location or locations as Sublessor shall from time to time <br />designate by written notice to Sublessee. <br /> <br />Books and Records of Sublessee <br /> <br /># 2.04. Sublessor and authorized representatives of Sublessor <br />shall have the right to examine the statements, and their <br />supporting documents, described in the preceding paragraph at the <br />leased premises during Sublessee's regular business hours. If, on <br />examination of the books or records of Sublessee, a material error <br />shall be revealed in favor of the Sublessor that results in <br />additional gross receipts, then the reasonable costs of the <br />6 <br />
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