Maximum Legal Compensation. The parties acknowledge that, at present, applicable federal law limits the City to collection of a maximum permissible Franchise Fee of five percent (5%) of Gross Revenues. In the event that at any time during the duration of this Franchise, the City is authorized to collect an amount in excess of five percent (5%) of Gross Revenues, then this Franchise may be amended unilaterally by the City to provide that such excess amount shall be added to the Franchise Fee payments to be paid by Grantee to the City hereunder, provided that Grantee has received at least ninety (90) days prior written notice from the City of such amendment, so long as all cable operators in the City are paying the same Franchise Fee amount.
Maximum Legal Compensation. The parties acknowledge that, at present, applicable federal law limits the Grantor to collection of a maximum permissible Franchise Fee of five percent (5%) of Gross Revenues. In the event that at any time during the duration of this Franchise, the Grantor is authorized to collect an amount in excess of five percent (5%) of Gross Revenues, then this Franchise may be amended unilaterally by the Grantor through the same process that the Franchise was adopted to provide that such excess amount shall be added to the Franchise Fee payments to be paid by Grantee to the Grantor hereunder, provided that Xxxxxxx has received at least ninety (90) days prior written notice from the Grantor of such amendment, so long as all cable operators in the Grantor are paying the same Franchise Fee amount.
Maximum Legal Compensation. The parties acknowledge that, at present, applicable federal law limits the Town to collection of a maximum permissible Franchise Fee of five percent (5%) of Gross Revenues. In the event that at any time during the duration of this Franchise, the Town is lawfully permitted to collect an amount in excess of five percent (5%) of Gross Revenues, then the is Franchise may be amended unilaterally by the Town to provide that such excess amount shall be added to the Franchise Fee payments to be paid by Grantee to the Town hereunder provided that Grantee has received at least ninety (90) days prior written notice from the Town of such amendment, so long as all entities providing Cable Service in the Town pursuant to a franchise or similar lawful authorization granted by the Town are paying the same Franchise Fee amount.
Maximum Legal Compensation. The parties acknowledge that, at present, applicable federal law limits the City to collection of a maximum permissible franchise fee of five percent (5%) of Gross Revenues. In the event that at any time during the duration of this Franchise, the City is authorized to collect an amount in excess of five percent (5%) of Gross Revenues, then the City may request a modification of this Franchise under the provisions of Section 20.15.
Maximum Legal Compensation. The parties acknowledge that, at present, applicable federal law limits Grantor to collection of a maximum permissible Franchise Fee of five percent (5%) of Gross Revenues. In the event that at any time during the duration of this Franchise, Grantor is authorized to collect an amount in excess of five percent (5%) of Gross Revenues, then this Franchise may be amended unilaterally by Grantor to provide that such excess amount shall be added to the Franchise Fee payments to be paid by Grantee to Grantor hereunder, provided that the Grantor adopts such increase at a public hearing and Grantee has received at least ninety (90) days prior written notice from Grantor of such amendment, so long as all cable operators in the Franchise Area are paying the same Franchise Fee amount.
Maximum Legal Compensation. The parties acknowledge that, at present, applicable federal law limits the County to collection of a maximum permissible franchise fee of five percent (5%) of Gross Revenues related to Cable Services. In the event that at any time during the duration of this Franchise, the County is authorized to collect an amount in excess of five percent (5%) of Gross Revenues, then the County may request a modification of this Franchise.
Maximum Legal Compensation. The parties acknowledge that, at present, applicable federal law limits the Jurisdictions to collection of a maximum permissible franchise fee of five percent (5%) of Gross Revenues. In the event that at any time during the duration of this Franchise, the Jurisdictions are authorized to collect an amount in excess of five percent (5%) of Gross Revenues, then the Jurisdictions may request a modification of this Franchise under the provisions of Section 20.15.
Maximum Legal Compensation. The parties acknowledge that, at present, applicable federal law limits the District to collection of a maximum permissible License Fee of five percent (5%) of Gross Revenues. In the event that at any time during the duration of this License, the District is authorized to collect an amount in excess of five percent (5%) of Gross Revenues, then this License may be amended unilaterally by the District to provide that such excess amount shall be added to the License Fee payments to be paid by Grantee to the District hereunder, provided that Grantee has received at least ninety (90) days prior written notice from the District of such amendment, so long as all cable operators in the District are paying the same License Fee amount.
Maximum Legal Compensation. The parties acknowledge that, at present, applicable federal law limits the Town to collection of a maximum permissible franchise fee of five percent (5%) of Gross Revenues. In the event that at any time during the duration of this Franchise, the Town is authorized to collect an amount in excess of percent (5%) of Gross Revenues, then the Town may unilaterally amend this Franchise by ordinance to provide that such excess amount shall be added to the franchise fee payments to be paid by Grantee to the Town hereunder, provided that Grantee has received at least ninety (90) days prior written notice from the Town of such amendment.
Maximum Legal Compensation. 3.11 Additional Commitments Not Franchise Fees 10Fee Payments
