Access Support Not Franchise Fees. (A) Grantee agrees that financial support for Access Capital Costs arising from or relating to the obligations set forth in this Section shall in no way modify or otherwise affect Grantee's obligations to pay franchise fees to Grantor. Xxxxxxx agrees that although the sum of Franchise Fees and the payments set forth in this Section may total more than five percent (5%) of Grantee's Gross Revenues in any 12-month period, the additional commitments shall not be offset or otherwise credited in any way against any franchise fee payments under this Agreement.
Appears in 3 contracts
Samples: Cable Television System Franchise Agreement, Cable Television System Franchise Agreement, Cable Television System Franchise Agreement
Access Support Not Franchise Fees. (A) Grantee agrees that financial support for Access Capital Costs arising from or relating to the obligations set forth in this Section shall in no way modify or otherwise affect Grantee's obligations to pay franchise fees to Grantor. Xxxxxxx Grantee agrees that although the sum of Franchise Fees and the payments set forth in this Section may total more than five percent (5%) of Grantee's Gross Revenues in any 12-month period, the additional commitments shall not be offset or otherwise credited in any way against any franchise fee payments under this Agreement.
Appears in 2 contracts
Samples: Cable Television System Franchise Agreement, Cable Television System Franchise Agreement
