Franchise Fee Amount Sample Clauses

Franchise Fee Amount. As consideration of the exclusive franchise granted to Contractor hereunder, which is a special privilege that only government has the power to bestow, Contractor shall pay the County a franchise fee. County shall use the proceeds of the franchise fee for (a) the services provided by the County to administer this Franchise Agreement, (b) for services and programs pertaining to Refuse, Recyclable Materials, and Green Waste provided by the County, and (c) maintenance of Xxxx Road for damage caused by heavy collection vehicles. Beginning March 1, 2015, this franchise fee shall be set initially at two (2) percent of the Contractor’s Gross Annual Revenues generated from the performance of this Franchise Agreement. The franchise fee may be increased with approval of the Board of Supervisors.
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Franchise Fee Amount. ‌ 2724 City shall assess during the term of this Agreement a franchise fee (the "Franchise Fee") of twelve 2725 percent (12%) of Gross Revenues collected by City or Contractor from others arising out of the services 2726 to be performed by Contractor under this Agreement. For purposes of calculating the Franchise Fee, 2727 Gross Revenues from all activities conducted under this Agreement arising from services provided within 2728 the Service Area shall be used. If in any month Contractor shall receive revenues from sources other 2729 than City from Collection activities conducted under this Agreement, such revenues are to be included in 2730 the amount of Gross Revenues subject to the Franchise Fee. Contractor shall notify City of the amount 2731 and source of such revenues no later than the tenth (10th) calendar day of the following month. 2732 Pursuant to Section 6.2.1, City will deduct applicable Franchise Fees from those xxxxxxxx processed by the 2733 City before remitting funds to Contractor.
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Franchise Fee Amount. In consideration of the exclusive Franchise granted pursuant to this Agreement, Contractor shall pay to City a “Franchise Fee,” equal to fifteen percent (15%) of the Gross Receipts received by Contractor.
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Franchise Fee Amount. In consideration of the exclusive franchise provided in Section 2.1 of this Agreement Company shall pay to District $45,000 per year (or another amount as provided in Section 3.1.3). This franchise fee shall be a pass-through cost.
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Related to Franchise Fee Amount

  • VENDOR MANAGEMENT FEE Contractor shall pay to Enterprise Services a vendor management fee (“VMF”) of 1.25 percent on the purchase price for all Contract sales (the purchase price is the total invoice price less applicable sales tax). (a) The sum owed by Contractor to Enterprise Services as a result of the VMF is calculated as follows: Amount owed to Enterprise Services = Total Contract sales invoiced (not including sales tax) x .0125. (b) The VMF must be rolled into Contractor’s current pricing. The VMF must not be shown as a separate line item on any invoice unless specifically requested and approved by Enterprise Services. (c) Enterprise Services will invoice Contractor quarterly based on Contract sales reported by Contractor. Contractor is not to remit payment until Contractor receives an invoice from Enterprise Services. Contractor’s VMF payment to Enterprise Services must reference this Contract number, the year and quarter for which the VMF is being remitted, and Contractor’s name as set forth in this Contract, if not already included on the face of the check. (d) Contractor’s failure to report accurate total net Contract sales, to submit a timely Contract sales report, or to remit timely payment of the VMF to Enterprise Services, may be cause for Enterprise Services to suspend Contractor or terminate this Contract or exercise remedies provided by law. Without limiting any other available remedies, the parties agree that Contractor’s failure to remit to Enterprise Services timely payment of the VMF shall obligate Contractor to pay to Enterprise Services, to offset the administrative and transaction costs incurred by the State to identify, process, and collect such sums, the sum of $200.00 or twenty-five percent (25%) of the outstanding amount, whichever is greater, or the maximum allowed by law, if less. (e) Enterprise Services reserves the right, upon thirty (30) calendar days advance written notice, to increase, reduce, or eliminate the VMF for subsequent purchases, and reserves the right to renegotiate Contract pricing with Contractor when any subsequent adjustment of the VMF might justify a change in pricing.

  • 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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