Common use of Alternative Compensation Clause in Contracts

Alternative Compensation. In the event the obligation of Grantee to compensate the Grantor through Franchise Fee payments is lawfully suspended or eliminated, in whole or part, then Grantee shall comply with any other Applicable Law related to the right to occupy the Grantor’s Rights-of-Way and compensation therefor.

Appears in 3 contracts

Sources: Cable Franchise Agreement, Cable Franchise Agreement, Cable Franchise Agreement

Alternative Compensation. In the event the obligation of Grantee to compensate the Grantor through Franchise Fee payments is lawfully suspended or eliminated, in whole or part, then Grantee shall comply with any other Applicable Law related to the right to occupy the Grantor’s Rights-of-Way and compensation therefor.

Appears in 1 contract

Sources: Cable Franchise Agreement