Suspension of Contamination Processing Fee Program. Franchisee agrees that contamination fees shall not exceed one percent (1%) of Franchisee’s Gross Receipts in any calendar quarter. In the event that contamination fees exceed one percent (1%) of Franchisee’s Gross Receipts in any calendar quarter, the assessment of contamination fees shall be suspended immediately and indefinitely pending a program assessment by the City and Franchisee. Upon program suspension or at the request of the City at any time during the Term of the Agreement, City and Franchisee shall meet and confer regarding the application and effectiveness of contamination fees in accomplishing the behavior change. If the program is suspended due to excessive revenue generation, the City may require Franchisee to either: i) modify the program parameters; ii) modify the amount of the contamination fee; or, iii) return to the City any funds generated by the contamination fee which exceed one percent (1%) of Franchisee’s Gross Receipts for a given period of time.
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Samples: Franchise Agreement, Collection and Disposal Agreement
Suspension of Contamination Processing Fee Program. Franchisee agrees that contamination fees shall not exceed one percent (1%) of Franchisee’s Gross Receipts in any calendar quarter. In the event that contamination fees exceed one percent (1%) of Franchisee’s Gross Receipts in any calendar quarter, the assessment of contamination fees shall be suspended immediately and indefinitely pending a program assessment by the City District and Franchisee. Upon program suspension or at the request of the City District at any time during the Term of the Agreement, City District and Franchisee shall meet and confer regarding the application and effectiveness of contamination fees in accomplishing the behavior change. If the program is suspended due to excessive revenue generation, the City District may require Franchisee to either: i) modify the program parameters; ii) modify the amount of the contamination fee; or, iii) return to the City District any funds generated by the contamination fee which exceed one percent (1%) of Franchisee’s Gross Receipts for a given period of time.
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Suspension of Contamination Processing Fee Program. Franchisee agrees that contamination fees shall not exceed one percent (1%) of Franchisee’s Gross Receipts Revenues in any calendar quarter. In the event that contamination fees exceed one percent (1%) of Franchisee’s Gross Receipts Revenues in any calendar quarter, the assessment of contamination fees shall be suspended immediately and indefinitely pending a program assessment by the City District and Franchisee. Upon program suspension or at the request of the City District at any time during the Term of the Agreement, City District and Franchisee shall meet and confer regarding the application and effectiveness of contamination fees in accomplishing the behavior change. If the program is suspended due to excessive revenue generation, the City District may require Franchisee to either: i) modify the program parameters; ii) modify the amount of the contamination fee; or, iii) return to the City District any funds generated by the contamination fee which exceed one percent (1%) of Franchisee’s Gross Receipts Revenues for a given period of time.
Appears in 1 contract
Samples: Franchise Agreement