PEG Funding Sample Clauses

PEG Funding. (A) Grantee shall provide the City a PEG capital contribution in the amount of two million dollars ($2,000,000) within thirty (30) days of the effective date of the legislation approving this Franchise. To the extent allowed by law, the capital contribution may be treated as an external cost by Grantee, itemized on Subscriber billing statements and recovered from Subscribers over the term of this Franchise.
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PEG Funding. Franchisee shall provide financial support for PEG Channels in the amount of Twenty-One Million Three Hundred Thousand Dollars ($21.3 million) over the term of this Agreement. Franchisee has already provided $1.3 million in the form of new Government Access equipment installed in 2015 during franchise negotiations. During the term of this Agreement, Franchisee shall make annual payments to the City in the amount of One Million Three Hundred Thirty-Three Thousand Dollars ($1,333,000) upon each anniversary date of the Effective Date (except that the final payment only shall be that amount plus $5,000) of this Agreement to satisfy the remaining portion of the $21.3
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PEG Funding. (A) Grantee shall remit to the City an amount equal to .4% of Gross Revenues paid monthly based upon revenues for that month in support of PEG Access (“PEG Fee”). Xxxxxxx’s PEG Fee obligation begins on the Effective Date and continues for as long as Grantee continues to operate under Franchise, provided, however, the City agrees that no audit of the PEG Fee payment shall take place until at least sixty (60) days after the Effective Date. As of the Effective Date of the Franchise, the City collects a 4.4% Franchise Fee pursuant to municipal ordinance. To the extent allowed by law, the PEG Fee may be itemized on Subscriber billing statements and recovered from Subscribers in any manner consistent with applicable law. If the City permits QBSI d/b/a CenturyLink or its successor to pay a PEG Fee that is less than the PEG Fee paid by Grantee pursuant to this subsection 6.4(A), Grantee shall be entitled to reduce its PEG Fee payment to match the amount paid by QBSI d/b/a CenturyLink or its successor. If upon renewal, the City permits Wave Broadband or its successor to pay a PEG Fee that is less than the PEG Fee paid by Grantee pursuant to this subsection 6.4(A), Grantee shall be entitled to reduce its PEG Fee payment to match the amount paid by Wave Broadband or its successor.
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Related to PEG Funding

  • On-Going Funding 4.2.1 For the current term the Boards agree to contribute funds to support the Trust as follows:

  • Other Funding It may be appropriate for funding to be provided to the awardee by other organizations, including Federal agencies in support of their missions or in support of mission-related staff research. It is also recognized that it may be appropriate for personnel or facilities to be used for other NSF and non-NSF projects that are deemed consistent with the scope of the federal award. Such activities, however, must be coordinated in advance with NSF and not impact negatively on NSF sponsored activities to be performed under the award. Accordingly:

  • Program Funding Upon entry into force of this Compact, MCC will grant to the Government, under the terms of this Compact, an amount not to exceed Four Hundred Eight Million Eight Hundred Fifty Thousand United States Dollars (US$408,850,000) to support the Program (“Program Funding”). The allocation of Program Funding is generally described in Annex II to this Compact.

  • State Funding (a) This Contract shall not be construed as creating any debt on behalf of the State of Texas and/or the GLO in violation of Article III, Section 49, of the Texas Constitution. In compliance with Article VIII, Section 6, of the Texas Constitution, it is understood that all obligations of the GLO hereunder are subject to the availability of state funds. If such funds are not appropriated or become unavailable, the GLO may terminate this Contract. In that event, the Parties shall be discharged from further obligations, subject to the equitable settlement of their respective interests, accrued up to the date of termination.

  • Fiscal Funding Notwithstanding any other provision of this agreement, the parties hereto agree that the charges hereunder are payable to the Contractor by the District solely from appropriations received by District. In the event such appropriations are determined by the Chief Financial Officer/Comptroller of the District to no longer exist or to be insufficient with respect to the charges payable hereunder, this Agreement shall immediately terminate without further obligation to the District upon notice that such appropriations no longer exist and are insufficient. If this Agreement is so terminated, then the District shall only pay Contractor for goods and/or services provided by Contractor and accepted by the District up to, through, and including the date of termination. Following the termination of this Agreement under this Section, the parties’ duties to one another shall cease except for those obligations that shall survive the termination of this Agreement, including, but not limited to, the District’s payment obligations for goods and/or services accepted by the District before the date of termination, and the Contractor’s duties to insure and/or indemnify the District and to cooperate with any audit. Termination of this Agreement pursuant to this Section shall not limit either of the parties’ remedies for any breach of this Agreement.

  • Payment of Funding 5.1 Payments will be made after written request to FFG in accordance with the following payment plan: 1st instalment after conclusion of the Funding Agreement EUR xx 2nd instalment after the end of the reporting period xx.xx.20xx EUR xx 3rd instalment after the end of the reporting period xx.xx.20xx EUR xx 4th instalment after the end of the reporting period xx.xx.20xx EUR xx Final instalment after final approval by FFG EUR xx

  • Formula Funding Funding equivalent to the level of funding which would be provided through the funding formula of the LA to a maintained school which had all of that Academy's relevant characteristics, including its number of pupils;

  • Per-pupil Funding The School's non-facility general fund per-pupil funding shall be as defined in Sec. 302D-28, HRS. The Commission shall distribute the School's per-pupil allocation each fiscal year pursuant to Sec. 302D-28(f), HRS, and shall provide the School with the calculations used to determine the per-pupil amount each year. All funds distributed to the School from the Commission shall be used solely for the School's educational purposes as appropriated by the Legislature, and the School shall have discretion to determine how such funding shall be allocated at the school level to serve those purposes subject to applicable laws and this Contract.

  • Additional Funding If the General Partner determines that it is in the best interests of the Partnership to provide for additional Partnership funds (“Additional Funds”) for any Partnership purpose, the General Partner may (i) cause the Partnership to obtain such funds from outside borrowings, or (ii) elect to have the General Partner or any of its Affiliates provide such Additional Funds to the Partnership through loans or otherwise.

  • Supplemental Funding Unless otherwise defined by program rules, Supplemental Funding is the award of additional funds to provide for an increase in costs due to unforeseen circumstances. The State will comply with all Federal program agency policies and procedures for requesting supplemental grant funding. The State will comply with the following guidelines when requesting supplemental funding for the Medical Assistance Program and associated administrative payments (CFDA 93.778): The State must submit a revised Medicaid Program Budget Report (CMS-37) to request supplemental funding. The CMS guidelines and instructions for completing the CMS-37 are provided in Section 2600F of the State Medicaid Manual (SMM). The CMS/CO must receive the revised Form CMS-37 through the Medicaid Budget Expenditure System/Children's Budget Expenditure System (MBES/CBES) no later than 10 calendar days before the end of the quarter for which the supplemental grant award is being requested. Additional guidance on this policy is available from the respective CMS Regional Office, U.S. Department of Health & Human Services. The State will comply with the following guidelines when requesting supplemental funding for TANF (CFDA 93.558), CCDF (CFDA 93.575), CSE (93.563), and the FC/AA (CFDA 93.658 and CFDA 93.659) programs administered by the U.S. Department of Human Services, Administration for Children and Families (HHS/ACF):

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