Common use of LICENSEE’S FINANCIAL COMMITMENT Clause in Contracts

LICENSEE’S FINANCIAL COMMITMENT. The Licensee in any event shall not be liable for a total financial commitment pursuant to this Renewal License and applicable law, including, but not limited to, local and state License Fees and federal Franchise Fees, and PEG Access operating and capital expenses in excess of five percent (5%) of its Gross Annual Revenues.

Appears in 2 contracts

Samples: Cable Television Renewal License, Cable Television Renewal License

AutoNDA by SimpleDocs

LICENSEE’S FINANCIAL COMMITMENT. The Licensee in any event shall not be liable for a total financial commitment pursuant to this Renewal License and applicable law, including, but not limited to, local and state License Fees and federal Franchise Fees, and PEG Access operating and capital expenses in excess of five percent (5%) of its Gross Annual Revenues.

Appears in 1 contract

Samples: Cable Television Renewal License

AutoNDA by SimpleDocs

LICENSEE’S FINANCIAL COMMITMENT. The Licensee in any event shall not be liable for a total financial commitment pursuant to this Renewal License and applicable law, including, law including but not limited to, local to state and state federal License Fees and federal Franchise Fees, and PEG Access access operating and capital expenses in excess of five percent (5%) of its Gross Annual Revenues.

Appears in 1 contract

Samples: Cable Television License

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!