Common use of Cost Treatment of Fines, Liquidated Damages, Damages Clause in Contracts

Cost Treatment of Fines, Liquidated Damages, Damages. No cost to Grantee arising from a breach or violation of the Franchise shall be recovered from Subscribers, shall form the basis for any adjustment to Subscriber rates or other Subscriber charges or shall be offset against any sums due the City as a tax, Franchise Fee or otherwise regardless of whether the combination of Franchise Fees and said costs exceeds five percent (5%) of Grantee's Gross Revenues in any twelve (12) month period.

Cost Treatment of Fines, Liquidated Damages, Damages. No cost to Grantee arising from a breach or violation of the Franchise Agreement shall be recovered from Subscriberssubscribers, shall form the basis for any adjustment to Subscriber subscriber rates or other Subscriber subscriber charges or shall be offset against any sums due the City as a tax, Franchise Fee franchise fee or otherwise regardless of whether the combination of Franchise Fees franchise fees and said costs exceeds five percent (5%) % of Grantee's Gross Revenues in any twelve (12) month 12month period.

Cost Treatment of Fines, Liquidated Damages, Damages. No cost to Grantee arising from a breach or violation of the Franchise shall be recovered from Subscribers, shall form the basis for any adjustment to Subscriber rates or other Subscriber charges or shall be offset against any sums due the City as a tax, Franchise Fee or otherwise regardless of whether the combination of Franchise Fees and said costs exceeds exceed five percent (5%) of Grantee's Gross Revenues in any twelve (12) month period.

Cost Treatment of Fines, Liquidated Damages, Damages. ‌ No cost to Grantee arising from a breach or violation of the Franchise shall be recovered from Subscribers, shall form the basis for any adjustment to Subscriber rates or other Subscriber charges or shall be offset against any sums due the City as a tax, Franchise Fee or otherwise regardless of whether the combination of Franchise Fees and said costs exceeds exceed five percent (5%) of Grantee's Gross Revenues in any twelve (12) month period.