Franchise Fee Payments. Franchisee shall pay to the Town, and each Participating Municipality, as the case may be, on a quarterly basis, a Franchise fee of five percent (5%) of annual Gross Revenue. In accordance with Title VI of the Communications Act, the twelve (12) month period applicable under this Agreement for the computation of the Franchise fee shall be made on a calendar year basis. Such payments shall be made no later than thirty (30) days following the end of each of Franchisee’s fiscal quarters. Franchisee shall be allowed to submit or correct any payments that were incorrectly omitted, and shall be refunded any payments that were incorrectly submitted, in connection with the quarterly Franchise fee remittances within ninety (90) days following the close of the quarter for which such payments were applicable.
Franchise Fee Payments. Monthly, SBWMA shall distribute to the City of San Xxxxxx, from funds received from Contractor, one twelfth (1/12th) of the annual franchise fee agreed to by the SBWMA and the City of San Xxxxxx for the operation of the Facilities.
Franchise Fee Payments. Indicate the revenue collected and total franchise fees paid to TOWN monthly.
Franchise Fee Payments. Indicate the revenue collected and total 759 franchise fees paid to CITY for the preceding quarter.
Franchise Fee Payments. Subject to applicable law, the Grantee shall pay to the Town a franchise fee in the amount of five percent (5%) of the Grantee’s annual Gross Revenues (the “Franchise Fee”). Subject to the five percent cap, Grantor may revise the Franchise fee with 90 days written notice to Company. The Franchise Fee shall be due and payable on March 1 of each year for the previous calendar year. The Town shall have the right to inspect, at the Grantee’s business office during normal business hours, the books and financial records of the Grantee compiled in the ordinary course of business necessary to verify Franchise Fee payments. The Franchise Fee shall be deemed to reimburse the Town for the rights granted herein and for all costs of regulation and administration of the Franchise.
Franchise Fee Payments. HH. Article 8, Section 8.1 of the Agreement is hereby amended to read as follows: “In consideration of the exclusive franchise provided for in Article 4 of this Agreement, Franchisee shall pay the District six percent (6%) of Franchisee's Gross Revenues for Collection and Disposal of Discarded Materials within the District. Such franchise fee shall be a "pass-through" expense for purposes of administering the Agreement, including, but not limited to, rate review and setting. Each monthly remittance of fees to District shall be accompanied by a statement detailing Gross Revenues for the period covered from all operations conducted or permitted pursuant to Article 5 of this Agreement.”
Franchise Fee Payments. In consideration of the exclusive franchise provided for in Article 4 of this Agreement, Franchisee shall pay the City ten percent (10%) of Franchisee’s gross revenues for collection and disposal of solid waste within the City; provided, however, that such franchise fee shall not exceed the costs incurred by the City to deliver service to properties. Such franchise feeshall be a “pass-through” expense for purposes of rate review and setting. Each monthly remittance of fees to City shall be accompanied by a statement detailing gross revenues forthe period covered from all operations conducted or permitted pursuant to this Agreement.
Franchise Fee Payments. (a) In accordance with Section 622 (b) of the Cable Act (47 U.S.C. § 542(b)), the Franchisee shall pay to the Franchising Authority, throughout the term of this Franchise, a Franchise Fee equal to zero percent (0%) of Franchisee's Gross Annual Revenues. During the term of the Agreement, the Franchising Authority may increase the Franchise Fee percentage up to five (5%) percent provided such increase is adopted by way of a Resolution and a copy of such Resolution is provided to the Franchisee. Any change in the percentage of Franchise Fee will be effective 90 days following the adoption of the Resolution...
Franchise Fee Payments. Subject to applicable law, the Grantee shall pay to the Town a franchise fee in the amount of Two percent (2%) of the Grantee’s annual Gross Revenues (the “Franchise Fee”). The Franchise Fee shall be due and payable on March 1 of each year for the previous calendar year. The Town shall have the right to inspect, at the Grantee’s business office during normal business hours, the books and financial records of the Grantee compiled in the ordinary course of business necessary to verify Franchise Fee payments. The Franchise Fee shall be deemed to reimburse the Town for the rights granted herein and for all costs of regulation and administration of the Franchise.
Franchise Fee Payments. (a) The Franchisee shall continue to pay to the City, throughout the term of this Renewal Franchise, a Franchise Fee equal to five percent (5%) of the Franchisee's Gross Annual Revenues.
