Adjustment to Franchise Fee Sample Clauses

Adjustment to Franchise Fee. At the option of the Municipality, the franchise fee percentage may be changed annually by providing written notice to the Company. If the Municipality wishes to amend the franchise fee percentage so that the amended franchise fee percentage is effective January first (1st) of the following calendar year, then the Municipality shall, no later than November first (1st) of the immediately preceding year, advise the Company in writing of the franchise fee percentage to be charged for the following calendar year. If the Municipality provides such notice after November first (1st) of the immediately preceding year for a January first (1st) implementation, or at any other time with respect to a franchise fee change that will be implemented after January first (1st) of the following year, the Company will implement the new franchise fee percentage as soon as reasonably possible.
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Adjustment to Franchise Fee. At the option of the Municipality, the franchise fee percentage may be changed annually by providing written notice to the Company by December 1 of each year, and the change is effective for the next calendar year.
Sample 1
Adjustment to Franchise Fee. City may adjust the amount of the Franchise Fee with one (1) year’s notice, on an annual basis, by action of the City Council following ninety (90) days’ advance written notice and a collaborative meeting with the Franchisee.
Sample 1
Adjustment to Franchise Fee. District may adjust the amount of the franchise fee annually with ninety (90) days' notice to Company. Such adjustment shall be reflected in the rates that Company is allowed to charge and collect from customers.
Sample 1
Adjustment to Franchise Fee. ‌ 2739 City reserves the right to adjust the Franchise Fee, the Mussel Rock Landfill Maintenance Fee, and the 2740 Mussel Rock Transfer Station Decommissioning Fee as it deems appropriate at any time during the Term 2741 of this Agreement. Any increase in such fees above the levels in effect on the Effective Date shall be 2742 deemed an Eligible Expense, and City shall concurrently implement a Maximum Rate increase such that 2743 Contractor is not financially disadvantaged by any such increase.
Sample 1
Adjustment to Franchise Fee. ‌ 2592 City reserves the right to adjust the Franchise Fee as it deems appropriate at any time during the Term 2593 of this Agreement. Any such increase shall be deemed an Eligible Expense, and City shall consider a rate 2594 increase such that Contractor is not financially disadvantaged by any such increase.
Sample 1

Related to Adjustment to Franchise Fee

  • Franchise Fee ‌ (1) For the term of this Contract, the Concessioner shall pay to the Director for the privileges granted under this Contract a franchise fee equal to [Franchise Fee alpha number] percent ([Franchise Fee numeric number]%) of the Concessioner's gross receipts for the preceding year or portion of a year. (2) Neither the Concessioner nor the Director shall have a right to an adjustment of the fees except as provided below. The Concessioner has no right to waiver of the fee under any circumstances.

  • Management Fee For all services to be rendered, payments to be made and costs to be assumed by you as provided in sections 2, 3, and 4 hereof, the Trust on behalf of the Fund shall pay you in United States Dollars on the last day of each month the unpaid balance of a fee equal to the excess of (a) 1/12 of .55 of 1 percent of the average daily net assets as defined below of the Fund for such month; provided that, for any calendar month during which the average of such values exceeds $250,000,000 the fee payable for that month based on the portion of the average of such values in excess of $250,000,000 shall be 1/12 of .52 of 1 percent of such portion; provided that, for any calendar month during which the average of such values exceeds $1,000,000,000, the fee payable for that month based on the portion of the average of such values in excess of $1,000,000,000 shall be 1/12 of .50 of 1 percent of such portion; provided that, for any calendar month during which the average of such values exceeds $2,500,000,000, the fee payable for that month based on the portion of the average of such values in excess of $2,500,000,000 shall be 1/12 of .48 of 1 percent of such portion; provided that, for any calendar month during which the average of such values exceeds $5,000,000,000, the fee payable for that month based on the portion of the average of such values in excess of $5,000,000,000 shall be 1/12 of .45 of 1 percent of such portion; provided that, for any calendar month during which the average of such values exceeds $7,500,000,000, the fee payable for that month based on the portion of the average of such values in excess of $7,500,000,000 shall be 1/12 of .43 of 1 percent of such portion; provided that, for any calendar month during which the average of such values exceeds 10,000,000,000, the fee payable for that month based on the portion of the average of such values in excess of $10,000,000,000 shall be 1/12 of .41 of 1 percent of such portion; and provided that, for any calendar month during which the average of such values exceeds 12,500,000,000, the fee payable for that month based on the portion of the average of such values in excess of $12,500,000,000 shall be 1/12 of .40 of 1 percent of such portion; over (b) any compensation waived by you from time to time (as more fully described below). You shall be entitled to receive during any month such interim payments of your fee hereunder as you shall request, provided that no such payment shall exceed 75 percent of the amount of your fee then accrued on the books of the Fund and unpaid.

  • License Fee The Licensee to shall make payment of the License Fee to Licensor on the date of this Agreement. All rights granted to Licensee by Producer in the Beat are conditional upon Licensee’s timely payment of the License Fee. The License Fee is a one-time payment for the rights granted to Licensee and this Agreement is not valid until the License Fee has been paid.

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