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: Entire Agreement, Entire Agreement
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: Entire Agreement
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: Renewal License Agreement
