Franchise Payments. The Franchise Payment for any Reporting Period shall be an amount equal to: £FP = PFP+ TAA + SCA – COPA where:
Franchise Payments. Franchisee shall pay to the City a franchise fee of five percent (5%) of gross revenues or the maximum amount permitted by law; whichever is higher, during the period of its operation under the Franchise, pursuant to the provisions of the Cable Ordinance. Franchisee shall use its best efforts to inform the City of any increase in the Franchise Fee. In no event shall Franchisee pay a franchise fee greater than the maximum permitted by law. Such increase shall take effect on the next billing cycle in which the higher fee shall be placed on subscriber’s bill after notification by the Franchising Authority by written notice to the Franchisee, but no less than sixty (60) days following receipt of notice. If franchise fee payments are late, Franchisee shall pay the City interest on any such late payment at an annual rate of the prime rate percentage at the time of the late fee penalty each month or part thereof that the payment is late.
Franchise Payments. The Franchise Payment for any Reporting Period during the Term of EMA2 shall be an amount calculated as follows: £FP = PFP + PBCP + PADJ + FADJ + APP
Franchise Payments. 1.1 The Franchise Payment for any Reporting Period shall be an amount equal to: where: £FP PFP RShA RShRA RSuA RSuRA TAA £FP = PFP - RShA - RShRA + RSuA + RSuRA + TM + SCA means the Franchise Payment for that Reporting Period; means (RPD x AFP)- FYD ' where RPD means the number of days in tbat Reporting Period; FYD is equal to 365 or, if February 29 OCCUIS during the Franchisee Year in which that Reporting Period falls, 366; and AFP means the Annual Franchise Payment for the Franchisee Year in which that Reporting Period OCCUIS, as deterD1ined in' accordance with Schedule 8.2 (Annual Franchise Payments); means the amount of any Revenue Share Adjustment to be made on that Reporting Period's Payment Date; means the amount of any Revenue Share Reconciliation Amount to be paid on that Reporting Period's Payment Date; means the amount of any Revenue Support Adjustment to be made on that Reporting Period's Paymeut Date; means the amount of any Revenue Support Reconciliation Amount to be paid on that Reporting Period's Payment Date; means any Track Access Adjustment to be made on that Reporting Period's Payment Date; Page 336 of556 "!FA SCA means any Station Charge Adjustment to be made on that Reporting Period's Payment Date; and
1.2 Where a Franchisee Year starts or ends during a Reporting Period, £FP and PFP shall be determined as if references in paragmph 1.1 to a Reporting Period were to each of the separate sections of 2 such Reporting Periods which full either side of such Franchisee Year start or end, and the Franchise Payment for such Reporting Period shall be the sum of £FP as determined for each such section of such Reporting Period.
1.3 The parties agree:
(a) each of£FP, RShRA, RSuA, RSuRA, TAA and SCA may be a positive or negative number;
(b) where £FP is a positive number, the Authority shall pay the Authority Share of that amount and the SPTE shall pay the SPTE Share of that amount in each case to the Franchisee on the Payment Date for that Reporting Period; and
(c) where £FP is a.negative number, the Franchisee shall pay to the Authority the Authority Share of the cottesponding positive amount and to the SPTE the SPTE Share of the corresponding positive amount in each case on the Payment Date for that Reporting Period.
1.4 The SPTE Element of AFP shall be ascertained by the Authority in accordance with paragraphs 1.6 and 1.7 and, subject to paragmph 1.12, notified to the SPTE and the Franchisee on the Franchise Commencement Date and each anniversa...
Franchise Payments. The Franchise Payment for any Reporting Period shall be an amount equal to: £FP = PFP + PBCP + PADJ + WCP – WCR + FADJ + MFPP – FWCR
Franchise Payments. With effect from the Franchise Commencement Date, DLRL shall pay to the Franchisee in respect of each Fee Period a Franchise Payment calculated in accordance with paragraph 1 of Schedule 14.
Franchise Payments. Franchisee shall pay to the City a Franchise fee of five (5%) percent of gross annual revenues or the maximum amount permitted by law, whichever is higher, during the period of its operation under the Franchise, pursuant to the provisions of the Ordinance. Any increase in the franchise fee shall be implemented as soon as practicable, but no longer than forty-five (45) days.
Franchise Payments. The Franchise Payment for any Reporting Period shall be an amount equal to: £FP = PFP + PBCP + PADJ + WCP – WCR + FADJ + MFPP – FWCR PFP (Periodic Franchise Payment) means an amount equal to: PFP n = BC n – ER n-1 Where: BC n means the Budgeted Costs for the current Reporting Period (if any). BC may only be a positive number. ER n-1 means the Estimated Revenue for Reporting Period(n-1) (if any) provided such Reporting Period occurs after the EMA Start Date. ER may only be a positive number. PFP may be a positive or negative number. PBCP (Periodic Budgeted Capex Payment) means an amount equal to the Budgeted Capex for the current Reporting Period (if any). PBCP may only be a positive number.
Franchise Payments revenue received or receivable in the course of carrying out the Shadow Operator Services;
