Common use of Alternative Compensation Clause in Contracts

Alternative Compensation. In the event the obligation of Grantee to compensate the City through Franchise Fee payments is lawfully suspended or eliminated, in whole or part, then Grantee shall pay to the City compensation equivalent to the compensation paid to the City by other similarly situated users of the City's Rights-of-Way for Grantee's use of the City's Rights-of-Way, provided that in no event shall such payments exceed the equivalent of five percent (5%) of Grantee's Gross Revenues (subject to the other provisions contained in this Franchise), to the extent consistent with Applicable Law.

Alternative Compensation. In the event the obligation of Grantee to compensate the City Town through Franchise Fee payments is lawfully suspended or eliminated, in whole or part, then Grantee shall pay to the City Town compensation equivalent to the compensation paid to the City Town by other similarly situated users of the CityTown's RightsRight-of-Way for Grantee's use of the CityTown's RightsRight-of-Way, provided that in no event shall such payments exceed the equivalent of five percent (5%) of Grantee's Gross Revenues (subject to the other provisions contained in this Franchise), to the extent consistent with Applicable Law.

Alternative Compensation. In the event the obligation of Grantee to compensate the City through Franchise Fee payments is lawfully suspended or eliminated, in whole or part, then Grantee shall pay to the City compensation equivalent to the compensation paid to the City by other similarly situated users of the City's ’s Rights-of-Way for Grantee's use of the City's ’s Rights-of-Way, provided that in no event shall such payments exceed the equivalent of five percent (5%) of Grantee's Gross Revenues (subject to the other provisions contained in this Franchise), to the extent consistent with Applicable Law.

Alternative Compensation. In the event the obligation of Grantee to compensate the City through Franchise Fee payments is lawfully suspended or eliminated, eliminated in whole or part, then Grantee shall pay to the City compensation equivalent to the compensation paid to the City by other similarly situated users of the City's ’s public Rights-of-Way for Grantee's ’s use of the City's ’s Rights-of-Way, provided that in no event shall such payments exceed the equivalent of five percent (5%) of Grantee's ’s Gross Revenues (subject to the other provisions contained in this Franchise), to the extent consistent with Applicable Law.

Alternative Compensation. In the event the obligation of Grantee to compensate the City through Franchise Fee payments is lawfully suspended or eliminated, in whole or part, then Grantee shall pay to the City compensation equivalent to the compensation paid to the City by other similarly situated users of the City's Rights-of-Way for GranteeXxxxxxx's use of the City's Rights-of-Way, provided that in no event shall such payments exceed the equivalent of five percent (5%) of Grantee's Gross Revenues (subject to the other provisions contained in this Franchise), to the extent consistent with Applicable Law.