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. 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. (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.
(b) The Franchise Fee shall be paid quarterly to the City throughout the term of this Renewal Franchise, not later than forty-five (45) days after the end of each 3-month period (February 15th, May 15th, August 15th, and November 15th). In addition to the foregoing, the Franchising Authority reserves the right to direct one or more payments, or portions of the Franchise Fee payments such as the advertising revenue, to an Access Corporation or other entity.
(c) The Franchisee shall file with the Franchising Authority, with each Franchise Fee payment, a statement certified by an authorized representative of the Franchisee documenting, in reasonable detail, the total of all Gross Annual Revenues of the Franchisee during the preceding specified periods, as well as a completed Revenue and Franchise Fee Reporting Form, attached hereto as Exhibit 1.
(d) The Franchisee shall not be liable for a total financial commitment pursuant to this Renewal Franchise and applicable law in excess of five percent (5%) of its Gross Annual Revenues; provided, however, that said five percent (5%) shall include any applicable fees payable to the FCC and/or the State; and furthermore provided, however, that said five percent (5%) shall not include (i) interest on any late payments or liquidated damages due to the Franchising Authority; and (ii) any amounts excluded from the definition of “Franchise Fee” in Section 622 of the Cable Act.
(e) At any time during the term of this Renewal Franchise, the Franchising Authority may, as needed to verify the information provided hereunder, upon reasonable belief and after notice and an opportunity by the Franchisee to be heard, inspect and conduct an independent audit, at the Franchising Authority’s expense, of the financial records and books of Franchisee insofar as they apply to the calculation of Gross Annual Revenues and Franchise Fees paid to the Franchising Authority herein; provided, however, that if the Franchising Authority has a reasonable belief or reasonably should have such a belief of a need to so verify information, it must exercise its right to inspect and audit within one (1) year of such event.
Franchise Fee Payments. Indicate the revenue collected and total franchise fees paid to TOWN monthly.
Franchise Fee Payments. Indicate the revenue collected and total 761 franchise fees paid to CITY for the preceding quarter.
Franchise Fee Payments. (a) The Franchisee shall pay to the Franchising Authority, throughout the term of this Franchise, a Franchise Fee equal to two percent (2%) of the Franchisee's Gross Annual Revenues, derived during each year of this Franchise. The Franchising Authority shall have the option, to be exercised by a vote of the Select Board at a public meeting, and made known to the Franchisee in writing, to increase or decrease the Franchise Fee as described herein, not to exceed five percent (5%) of Gross Annual Revenue as described herein. The Franchisee shall have 90 days to implement the request. The Franchisee shall not be liable for Franchise Fees in excess of five percent (5%) of its Gross Annual Revenues; provided, however, that said five percent (5%) cap shall not include (i) any interest due herein to the Franchising Authority and/or its designee(s) because of late payments.
(b) Payments shall be made to the Franchising Authority on the following quarterly basis: (i) on or before May 15th of each year of this Franchise for the previous (3) month period of January, February and March;
Franchise Fee Payments. 2470 In consideration of the exclusive Franchise provided in Section 2.1 of this Agreement, Contractor shall 2471 pay to the CCCSWA Franchise Payments for Danville, Lafayette, Orinda, Moraga, Walnut Creek and 2472 Contra Costa County that are calculated as a percentage of the Total Calculated Contractor Costs or a 2473 fixed amount for services provided in each such respective jurisdiction’s territory within the Service 2474 Area. Contractor shall pay to CCCSWA any additional fees or expenses as determined and approved by 2475 the specific Member Agencies (for example, vehicle impact fees). Contractor shall submit all Franchise 2476 Payments to the CCCSWA and the CCCSWA shall distribute the payments to Member Agencies. 2477
Franchise Fee Payments. Franchisee shall pay to the City, 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 90 days following the close of the quarter for which such payments were applicable.
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.
