Orange County NC Website
r~ <br />PEttCE,PIT~iGE 6. If the RENT payable hereunder by TENAPIT is <br />part upon a com- <br />in an <br />.- ~ RENT y <br />to be based in whole or <br />ercentage of the grass amount of <br />f a <br />i <br /> p <br />on o <br />potat <br />sales of the business conducted at or from said <br /> PtZEZ•IiSES then <br />GROSS AriOUNT a. The term 'GROSS AMOUNT OF SAES" as used <br />and shall be <br />, <br />Ox SALE'S herein is hereby defined to mean <br />dollar value, exclu- <br />f the <br /> . <br />the total amount o <br />e of the amount North Carolina Sales Tax <br />i <br /> s <br />v <br />paid or payable thereon, of all sales of mer-- <br /> char~dise and services and all revenues of every <br />out of <br />i <br />i <br /> s <br />ng <br />kind and character derived from, ar <br />f the business and all <br /> or payable on account o <br />conducted at ox from said <br />i <br /> ons <br />business transact <br />PRErIISES by or for the account of TENANT, both <br /> fax cash and on credit, including all orders for <br />id at or from <br /> merchandise or servi-ces taken or sa <br />said PREMISES and filled or delivered from any <br /> other place or location. The amount of the dollar <br />redit granted for <br />d <br /> s or c <br />value of bona fide refun <br />of merchandise shall ba charged as a credit <br /> return <br />in reduction of the GROSS AMOUNT OF SALES for the <br /> period within which such refunds or credits for <br /> return of merchandise shall have been made. <br />RECOR175 b. TENANT, during the TERM of this lease, shall <br />±aintained and <br />b <br /> e r <br />maintain and keep, or cause to <br />a full, complete and <br />id pREMTSES <br />t <br /> , <br />sa <br />kept, a <br />accurate permanent record and account of all sales <br /> of merchandise and services and all sums of money <br />x or arising <br />t <br /> o <br />paid or payable for or on accoun <br />nd all business 'transactions <br /> out of the business, a <br />onducted at ar from said PREMISES by or for the <br /> c <br />account of TENANT far each day of the TERM hereof. <br /> Such retards and accounts and all supporting re- <br /> cords at all times shall be open to inspection <br /> and audit at said PREMISES by LANDLORD and its <br /> duly authorized agents or representatives at all <br />s <br />h <br /> . <br />our <br />reasonable times during ordinary business <br />f such investigation and audit shall <br /> The cost o <br />be borne by LANDLORD, Provided, however, in the <br /> event any written statement or report of GR055 <br />uired to be submitted <br />in re <br />S h <br /> q <br />ere <br />AMOUNT OF SALE <br />by TENANT to LANDLORD is. determined as the re- <br /> ~ <br />sult of such investigation and <br />~o <br /> o <br />the cost <br />more <br />correct by one per cent (1%), <br /> thereof shall be borne by TENANT. <br /> On or before the fifth (5th) day of the month <br />REPOF.TS c. <br />following the month in, which the TERM hereof <br />_ co~nences and on or before the fifth (5th) day of <br />nd including the month <br />s <br />t <br /> . <br />o <br />each month thereafter, <br /> following that in which the TERri hereof shall <br /> terminate, TENANT, at the place where the RENT <br /> herein reserved shall be payable, shall deliver <br /> to TANDLORD, or the person, firm., ar corporation <br /> to whom such RENT shall be payable, a complete <br />-3- <br />