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. 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 shall be an amount equal to: £FP = PFP + PBCP + PADJ + WCP – WCR + FADJ + MFPP – FWCR
Franchise Payments. 1.1 The Franchise Payment for any Reporting Period shall be an amount equal to: £FP = PFP + TAA + SCA + CPS + TMDPS + RPMShA + RPMShRA + RPMSuA + RPMSuRA + PS + PRFPA +[REDACTED69] PFP (Periodic Franchise Payment) means in relation to a Reporting Period occurring during the Franchise Term, the amount of PFP calculated as applying in respect of that Reporting Period by the application of the equation in Appendix 1 (Calculation of PFP) to this Schedule 8.1 (Franchise Payments). PFP may be a positive or negative number. PFP may be payable by the Secretary of State or the Franchisee; TAA means any Track Access Adjustment to be made on that Reporting Period's Payment Date. TAA may be a positive or negative number. TAA may be payable by the Secretary of State or the Franchisee; SCA means any Station Charge Adjustment to be made on that Reporting Period's Payment Date. SCA may be a positive or negative number. SCA may be payable by the Secretary of State or the Franchisee; CPS means any Cancellations Performance Sum to be made on that Reporting Period’s Payment Date. CPS may be positive or negative number. CPS may be payable by the Secretary of State or the Franchisee; TMDPS means any TOC Minute Delay Performance Sum to be made on that Reporting Period’s Payment Date. TMDPS may be a positive or negative number. TMDPS may be payable by the Secretary of State or the Franchisee; RPMShA means any RPM Share Adjustment determined in accordance with paragraph 3.7 (Amount of RPM Share Adjustments) of Schedule 8.6 to be made on that Reporting Period’s Payment Date. RPMShA may be a positive or negative number. RPMShA may be payable by the Secretary of State or the Franchisee; RPMShRA means the amount of any RPM Share Reconciliation Payment Amount to be paid on that Reporting Period’s Payment Date in accordance with paragraph 4.1 (RPM Share Reconciliation Amount) of Schedule 8.6. RPMShRA may be a positive or negative number. RPMShRA may be payable by the Secretary of State or the Franchisee; RPMSuA means the amount of any RPM Support Adjustment determined in accordance with paragraph 5.4 (Amount of RPM Support Adjustments) of Schedule 8.6 to be made on that Reporting Period’s Payment Date. RPMSuA may be a positive or negative number. RPMSuA may be payable by the Secretary of State or the Franchisee; RPMSuRA means the amount of any RPM Support Reconciliation Amount to be paid on that Reporting Period’s Payment Date in accordance with paragraph 6.1 (RPM Support Reconciliation...
Franchise Payments. 1.1 The Franchise Payment for any Reporting Period shall be an amount equal to: £FP = PFP + TAA + SCA + CPS + TMDPS where:
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. The Franchisee shall comply with the Code of Virginia Chapter 6.2-Viginia Communications Sales and Use Tax, as such may be amended. For the purposes of compliance with Chapter 6.2-Virginia Communications Sales and Use Tax the Town of Rocky Mount Franchise fee was 5% on January 1, 2007. A report prepared by a representative of Shentel showing the basis for the payment shall be provided upon request of the Town.
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. The GRANTEE shall pay the MUNICIPALITY, on or before the last dates in March, June, October and December, a FRANCHISE fee equal to three percent (3%) of BASIC SUBSCRIBER REVENUES received for cable television operations in the MUNICIPALITY for the preceding calendar quarter, and no other fee, tax, charge or consideration. Sales tax or other tax levied on a per subscription basis and collected by the GRANTEE shall be deducted from gross BASIC SUBSCRIBER REVENUES in computing any sum due the MUNICIPALITY. The GRANTEE shall provide an annual certified summary report showing these basic annual subscription revenues received during the preceding calendar year. On January 1, 1987, the GRANTEE shall begin to calculate the FRANCHISE fee at five percent (5%) of GROSS SUBSCRIBER REVENUES actually received by the GRANTEE and as defined in § A183.4 of this agreement. Deductions stated earlier in this section shall also apply under this formula of computation. The annual certified summary report shall reflect gross annual SUBSCRIBER revenues for the preceding calendar year and will be provided to the MUNICIPALITY.
