Franchise Fee Offset Sample Clauses

Franchise Fee Offset. If at any time during the Term of this Franchise Agreement, federal or State law or any effective FCC order, including the FCC Third Report & Order, allows Grantee, as a Cable Operator, to (1) off-set against Franchise Fee payments otherwise due and payable to Grantor and the Cable Board pursuant to this Franchise Agreement, or (2) seek payment for the value and/or costs and/or maintenance of the Access Channel requirements, return lines, or related services of this Section 15 (Required Services and Facilities – PEG Access), or any Franchise requirement or services provided by Grantee and that are deemed as “in-kind” contribution to be included within the franchise fee cap pursuant to the FCC Third Report and Order, then Grantee agrees not to make any such offset or to impose against and seek payment from Grantor and/or TBNK for the value and/or costs2 of the aforesaid “in- kind” Franchise requirement or service without first providing at least 120 days prior written notice to Grantor, TBNK and any other affected TBNK Member Government. Such written notice shall (1) provide an explanation for any proposed offset and costs, (2) state the amount of the offset or the value or cost of the claimed “in-kind” Franchise requirement or services, including the calculation thereof. At any time prior to the end of the 120 days’ notice period, Grantor and/or TBNK shall have the right and option, and shall provide written notice to Grantee of its intent, to either: (1) pay Grantee for the value or cost, as the case may be, of the “in-kind” Franchise requirement or service in lieu of any offset by Grantee against Franchise Fee payments due and payable to Grantor; (2) agree to the Franchise Fee offset; or (3) cancel the affected “in- kind” Franchise requirement or service. However, if such federal or State law or any non- appealable FCC Order, including the FCC Third Report & Order, or any portion of such federal or State law or any FCC Order is over-turned or reversed by a court decision or new law or regulation, then such claimed “in-kind” franchise requirements or services will be re-instated under the same terms and conditions as outlined in the Franchise Agreement.
Sample 1
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Related to Franchise Fee Offset

  • Employee Parking Fees Employee parking permits are required for the Employee Parking Lot and may be required for Company’s leased or common use operational areas. Information regarding employee parking permits is available from Authority’s Parking Permit Office at (000) 000-0000. Authority reserves the right to charge Company or its employees a reasonable parking fee. If Company is invoiced by Authority for parking fees, payment is due to Authority within fifteen (15) days from the date of the invoice, or parking privileges may be terminated.

  • Termination Fee Charge A. In the event the Judicial Council terminates this Agreement pursuant to the “Termination Other Than for Cause” provision, as set forth in Exhibit A, the Judicial Council may be charged a Termination Fee, not to exceed the amount specified in Exhibit G.

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