Franchise Fees Clause Samples

Franchise Fees. ISSUE: San ▇▇▇▇▇▇▇ calculated the Franchise Fees rate based on Total Revenues less Other Operating Revenues (Accounts 611 and 614), but erroneously applied the Franchise Fees rate to Total Revenues in the forecasted years. RESOLUTION: San Gabriel and DRA agree that the Franchise Fees total should be based on Total Revenues less Other Operating Revenues. Issue SGV Direct SGV Rebuttal DRA Report Difference Settlement Franchise Fees Rate 0.6857% 0.6857% 0.6857% none 0.6857% Franchise Fees (at present rates) $395,100 $390,100 $392,400 $2,300 $390,700 REFERENCES: Exhibit SG-1, p. 6-2 and Tables 6B and 11B; Exhibit SG-9 (▇▇▇▇▇), p. 11; Exhibit SG-22 (▇▇▇▇▇), p. 2; Exhibit DRA-1 (▇▇▇▇▇▇▇▇▇▇), p. 5-3.

Franchise Fees. Pay franchisee fees and royalties to its franchisors in the ordinary course of its business;

Franchise Fees. The Grantee shall pay to the Village a Franchise Fee in an amount equal to five percent (5%) of annual Gross Revenues received from the operation of the Cable System to provide Cable Service in the Franchise Area; provided, however, that Grantee shall not be compelled to pay any higher percentage of fees than any other video service provider, under state authorization or otherwise, providing service in the Franchise Area. The payment of Franchise Fees shall be made on a quarterly basis and shall be due forty-five (45) days after the close of each calendar quarter. If mailed, the Franchise Fee shall be considered paid on the date it is postmarked. Each Franchise Fee payment shall be accompanied by a report prepared by a representative of the Grantee showing the basis for the computation of the franchise fees paid during that period. Any undisputed Franchise Fee payment which remains unpaid in whole or in part, after the date specified herein shall be delinquent. For any delinquent Franchise Fee payments, Grantee shall make such payments including interest at the prime lending rate as quoted by ▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇ & Company or its successor, computed from time due until paid. Any undisputed overpayments made by the Grantee to the Village shall be credited upon discovery of such overpayment until such time when the full value of such credit has been applied to the Franchise Fee liability otherwise accruing under this Section. 5.1.1. The Parties acknowledge that, at present, the Cable Act limits the Village to collection of a maximum permissible Franchise Fee of five percent (5%) of Gross Revenues. In the event that a change in the Cable Act would allow the Village to increase the Franchise Fee above five percent (5%), and the Village actually proposes to increase the Franchise Fee in exercise of such authority, the Village may amend the Franchise Fee percentage. Following the determination to increase the Franchise Fee and enactment of an ordinance enabling the same, the Village shall notify the Grantee of its intent to collect the increased Franchise Fee, and Grantee shall have a reasonable time (not to be less than ninety (90) days from receipt of notice from the Village) to effectuate any changes necessary to begin the collection of such increased Franchise Fee. In the event that the Village increases said Franchise Fee, the Grantee shall notify its Subscribers of the Village’s decision to increase said fee prior to the implementation of the collection of said...

Franchise Fees. In consideration of the exclusive rights provided Contractor herein, Contractor 1052 agrees to pay the negotiated amount of Franchise Fees to the County each quarter equal to five 1053 percent (5%) of Gross Receipts for all services performed under this Agreement. Contractor and 1054 County agree that this is a fair and appropriate sum for the commercial entitlements provided to 1055 Contractor herein.

Franchise Fees. Lessee will maintain in full force and effect, and pay or cause to be paid all fees and other charges payable pursuant to, any Franchise Agreement with respect to the Hotel.

Franchise Fees. As compensation for the Franchise granted to the Company, the City shall receive payment of a total annual fee of three (3) percent of gross receipts per year from the Company's sale of electricity to electric-consuming entities inside the City's corporate limits; provided, however, that such fee shall be payable by the Company only if and to the extent the Company is authorized by the Kentucky Public Service Commission (or its successor) to pass through such fee to the entities served by it inside the City's corporate limits; and provided further, the City shall provide the Company a list, in electronic format, of all electric-consuming entities within the City limits that are to be served by the Company, which list shall be updated annually.

Franchise Fees. As compensation for the Franchise granted to the Company, the City shall receive payment of a total annual fee of three (3) percent of gross receipts per year from the Company's sale of electricity to electric-consuming entities inside the City's corporate limits with the right to increase to a total annual fee of up to five (5) percent of the gross receipts at each five (5) year anniversary of the franchise agreement; provided, however, that such fee shall be payable by the Company only if and to the extent the Company is authorized by the Kentucky Public Service Commission (or its successor) to pass through such fee to the entities served by it inside the City's corporate limits; and provided further, the City shall provide the Company a list, in electronic format, of all electric-consuming entities within the City limits that are to be served by the Company, which list shall be updated annually.

Franchise Fees. Lessee will pay or cause to be paid in a timely manner all franchise fees due and owing in accordance with the terms and conditions of the Franchise Agreement.

Franchise Fees. Lessee will pay or cause to be paid all franchise fees due and owing in accordance with the terms and conditions of the Franchise Agreement.