Annual License Fee. The Licensee shall pay to the TRC an annual License fee based on a percentage of the operating revenues arising from its Licensed Activities. The percentage shall be determined by the TRC, but shall not exceed 1% of such revenues. This annual License fee shall be recovered from all Licensees in order to recover the costs of the TRC regulating the Jordanian telecommunications and information technology sector, as detailed in this License Agreement and/or Regulations.
Appears in 5 contracts
Samples: trc.gov.jo, trc.gov.jo, trc.gov.jo
Annual License Fee. The Licensee shall pay to the TRC an annual License fee based on a percentage of the operating revenues arising from its Licensed Activities. The percentage shall be determined by the TRC, but shall not exceed 1% of such revenues. This annual License fee shall be recovered from all Licensees in order to recover the costs of the TRC in regulating the Jordanian telecommunications and information technology sector, as detailed in this License Agreement and/or Regulations.
Appears in 1 contract
Samples: www.trc.gov.jo
