Common use of Payment to LFA Clause in Contracts

Payment to LFA. Franchisee shall pay to LFA a Franchise fee of three percent (3%) of annual Gross Revenue. In accordance with Title VI of the Communications Act, the twelve (12) month period applicable under the Franchise for the computation of the Franchise fee shall be a calendar year. Such payments shall be made no later than forty-five (45) days following the end of each calendar quarter. Franchisee shall be allowed to submit or correct any payments that were incorrectly omitted, and shall be refunded any payments that were incorrectly submitted, in connection with the quarterly Franchise fee remittances within 90 days following the close of the calendar year for which such payments were applicable.

Appears in 2 contracts

Samples: Cable Franchise Agreement, Cable Franchise Agreement

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Payment to LFA. Franchisee shall pay to the LFA a Franchise fee of three five percent (35%) of annual Gross Revenue. In accordance with Title VI of the Communications Act, the twelve (12) month period applicable under the Franchise for the computation of the Franchise fee shall be a calendar year. Such payments shall be made no later than forty-five thirty (4530) days following the end of each calendar quarter. Franchisee shall be allowed to submit or correct any payments that were incorrectly omitted, and shall be refunded receive a credit from the LFA for any payments that were incorrectly submitted, in connection with the quarterly Franchise fee remittances within 90 days following the close of the calendar year for which such payments were applicable.

Appears in 2 contracts

Samples: Franchise Agreement, Franchise Agreement

Payment to LFA. Franchisee shall pay to the LFA a Franchise fee of three five percent (35%) of annual Gross Revenue. In accordance with Title VI of the Communications Act, the twelve (12) month period applicable under the Franchise for the computation of the Franchise fee shall be a calendar year. Such payments shall be made no later than forty-five (45) days following the end of each calendar quarter. Franchisee shall be allowed to submit or correct any payments that were incorrectly omitted, and shall be refunded any payments that were incorrectly submitted, in connection with the quarterly Franchise fee remittances within 90 days following the close of the calendar year for which such payments were applicable. 7.1.1 Any franchise fee payment not received by LFA on or before the due date shall be subject to interest at the then-current rate set forth in RCW 19.52.020,

Appears in 1 contract

Samples: Franchise Agreement

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Payment to LFA. Franchisee shall pay to the LFA a Franchise fee Fee of three five percent (35%) of annual Gross RevenueRevenue (“Franchise Fee”). In accordance with Title VI of the Communications Act, the twelve (12) month period applicable under the Franchise for the computation of the Franchise fee Fee shall be a calendar year. Such payments shall be made no later than forty-five (45) days following the end of each calendar quarter. Franchisee shall be allowed to submit or correct any payments that were incorrectly omitted, and shall be refunded any payments that were incorrectly submitted, in connection with the quarterly Franchise fee Fee remittances within 90 days following the close of the calendar year for which such payments were applicable.

Appears in 1 contract

Samples: Cable Franchise Agreement

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