Franchise Fee Sample Clauses

Franchise Fee. ‌ (1) The Concessioner must pay a franchise fee to the Director as follows: (2) The Concessioner has no right to waiver of the fee under any circumstances.

Franchise Fee. (a) A Grantee shall pay to the Village a franchise fee of not less than five percent of the Grantee's gross revenues or such other maximum amount as allowed by law. (b) The franchise fee payment shall be in addition to any other tax or payment owed to the Village by the Grantee and shall not be construed as payment in lieu of municipal property taxes or other state, county or local taxes. (c) The franchise fee and any other costs or penalties assessed shall be payable quarterly on a calendar year basis to the Village within 30 days after the end of each quarter. The Grantee shall also file a complete and accurate verified statement of all gross receipts as previously defined within said 30 days. (d) The Village shall have the right to inspect and copy the Grantee's income records and the right to audit and to recompute any amounts determined to be payable under this chapter. Any additional amount due the Village as a result of an audit shall be paid within 30 days following written notice to the Grantee by the Village, which notice shall include a copy of the audit report. If any audit discloses an underpayment of a franchise fee by an amount in excess of five percent of the applicable fee, then the Grantee shall pay the full cost of the audit. The Grantee shall maintain books and records of its operations within and related to the Village and the Grantee's cable system in sufficient detail to show gross revenue, by service category, consistent with generally accepted accounting principles. Said books and records shall be retained in accordance with the Grantee's document retention policies, but in no event less than five years. (e) If any franchise payment or re-computed amount, cost or penalty, is not made on or before the applicable dates heretofore specified, interest shall be charged daily from such date at an annual rate of 12 percent. (f) The acceptance by the Village of any franchise fee payment shall not in any way be construed as an accord that the amount paid is in fact the correct amount, nor shall such acceptance of any payment be construed as a release of any claim the Village may have for further or additional sums payable under the provisions of the franchise. All franchise fee payments shall be subject to audit and re-computation by the Village in accordance with this Section. (g) The Grantee shall acknowledge as follows: (1) The franchise fee is not a tax; and (2) The franchise fee shall be in addition to any and all taxes, other fees or ...

Franchise Fee a) Calculation of Franchise Fee In consideration of the rights granted pursuant to paragraph 4 and the mutual covenants herein and subject to Commission approval the Company agrees to collect from Consumers and pay to the Municipality a franchise fee. The Parties agree s. 360(4) of the MGA, as amended, does not apply to the calculation of the franchise fee in this Agreement. For each calendar year the franchise fee will be calculated as a percentage of the Company s actual total revenue derived from the Delivery Tariff, including without limitation the fixed charge, base energy charge, demand charge, but excluding the cost of Natural Gas (being the calculated revenues from the Natural Gas cost recovery rate rider or the deemed cost of Natural Gas and Natural Gas supply related riders) in that year for Natural Gas Distribution Service within the Municipal Service Area. For the first (1st) calendar year or portion thereof of the Term of this Agreement, the franchise fee percentage will be twenty-five percent (25%). By no later than September 1st of each year, the Company will: i. advise the Municipality in writing of the total revenues that were derived from the Delivery Tariff within the Municipal Service Area for the prior calendar year; and ii. revenues to be derived from the Delivery Tariff within the Municipal Service Area for the next calendar year. b) Adjustment to the Franchise Fee At the option of the Municipality and subject to Commission approval, the franchise fee percentage may be changed annually by providing written notice to the Company. If the Municipality wishes to amend the franchise fee percentage, then the Municipality will, no later than November 1st in any year of the Term, advise the Company in writing of the franchise fee percentage to be charged for the following calendar year. Upon receipt of notice, the Company will work with the Municipality to ensure all regulatory requirements are satisfied on a timely basis and agrees to use best efforts to obtain approval from the Commission for implementation of the proposed franchise fee percentage as and from January 1st of the following calendar year. If the Municipality provides written notice at any other time with respect to a franchise fee change, the Company will implement the new franchise fee percentage as soon as reasonably possible.

Franchise Fee. 7 Within thirty (30) days after the close of the first full billing month following the 8 effective date of this Franchise Agreement, and each month thereafter during the term of 9 this Franchise Agreement, the Company, its successors or assigns, shall pay to the City, 10 or its successors, a sum of money which is equal to six percent (6%) of the Company’s 11 Gross Revenues as defined in Section 1.E., less any adjustments for uncollectable 12 accounts, from Customers within the corporate limits of the City. The franchise fee 13 payment shall be deemed paid on time if post-marked within thirty (30) days of the close 14 of the preceding billing month.

Franchise Fee. (a) Grantee shall pay to Grantor a Franchise Fee which shall be calculated pursuant to this Section. It is understood that Grantee has or will enter into Franchise agreements with the City of Salem ("Salem") and the Town of Vinton ("Vinton") (Grantor, Salem, and Vinton being hereinafter sometimes collectively referred to as the "localities") with fee provisions identical to this one, and that the total annual Franchise Fee to be paid to the three localities in aggregate is $56,000 for calendar year 1996 ("base year total annual Franchise Fee"). Grantor's Franchise Fee shall be a percentage share of the base year total annual Franchise Fee, which shall be determined on a pro rata basis according to its percentage share of the total dollar value of Grantee's gas sales occurring within the localities during the calendar year. For each calendar year of the Franchise, each locality's percentage share shall be determined by the following formula: total dollar value of Grantee's gas sales Locality's percentage share =within the Territorial Limits of the locality --------------------------------------------- total dollar value of Grantee's gas sales in the three localities For calendar year 1996, the Franchise Fee shall be paid to Grantor on or before March 31, 1997. (b) For each succeeding calendar year during the term of this Franchise, the total annual Franchise Fee paid by Grantee to the localities shall be the base year total annual Franchise Fee increased by three (3) percent compounded annually over the term of the Franchise. For each calendar year during the term of this Franchise, Grantor's percentage share shall be determined pursuant to this Section, and paid to Grantor on or before March 31 of the succeeding calendar year.

Franchise Fee. The fee that Comcast remits to the Township pursuant to Section 622 of the ▇▇▇▇▇ ▇▇▇, ▇▇ ▇.▇.▇. §▇▇▇, and Section 6.1 of this Agreement.

Franchise Fee. (a) The Grantee shall pay to the Grantor an annual Franchise Fee of five percent (5%) of Gross Annual Cable Service Revenues, or the maximum permitted by law or regulation should this percentage be increased, received by the Grantee and derived from the operations of the Cable System in the City of Calabasas to provide Cable Service. (b) If Federal or State law permits the Grantee to provide non- video Telecommunications Services to subscribers (such as telephone communications) through the facilities of the Cable System, and the Grantor has the regulatory authority to collect either a Franchise Fee or an in-lieu-of- franchise-fee payment on such services, then the Grantee shall pay a fee for revenues derived by the Grantee from such services at the rate established in an Ordinance adopted by the Council and applied in a non-discriminatory manner to all providers of such services franchised by Grantor. (c) For the purposes of this Agreement, revenues collected as Franchise Fees and revenues derived from the provision of Internet access services shall be included in Gross Annual Cable Service Revenues so long as the provision of Internet access services is considered to be a Cable Service under applicable law. (d) For the purposes of this Agreement, revenues collected from Subscribers for the Educational and Governmental capital grant of Exhibit D, Paragraph 3, shall be excluded from the calculation of Gross Annual Cable Service Revenues. (e) In the event that the Grantee shall, during the term of the Franchise, bundle, tie or combine Cable Services (which are subject to the Franchise Fee) with non-Cable Services (which are not subject to the Franchise Fee) and provide the bundled, tied or combined service at a discount from the sum of the rates for the individual services, then the discount shall be apportioned to the Cable Service in proportion to the ratio of the total bundled Cable Service and non-Cable Service price to the total unbundled Cable Service and non-Cable Service price. (f) The Franchise Fee shall be payable quarterly, by no later than the first day of the third month following the quarter for which payment is due.

Franchise Fee. To compensate the County for the cost of administration, supervision and inspection rendered for the effective performance of this Agreement, as well as other costs related to the Collection of Solid Waste and Recycling, the Contractor shall pay to the County a fee of four percent (4%) of the total of all charges invoiced, whether collected or not, arising out of any services or operations conducted in the Service Area pursuant to this Agreement except charges for Commercial Disposal Cost, and Advance Disposal Fees as defined by County Ordinance 07-25. A statement reporting invoiced amounts for services provided under this Agreement shall be prepared by the Contractor in accordance with Generally Accepted Accounting Principles for each month. This monthly statement shall be submitted no later than thirty days following the last day of the reporting month, and shall be in the format shown in Exhibit VI, or as may be revised by the Department. Solid Waste disposal costs paid by the Contractor to the County under this Agreement shall be deducted from the gross invoiced charges total prior to applying the four (4)% for calculation of the franchise fee owed to the County. Franchise fees shall be payable within thirty (30) days after receiving the County’s invoice for such fees. A late charge of 1% of the amount due for the Franchise fee may be calculated monthly until payment is received. For Service Area Two (2), two separate statements shall be required, one for the unincorporated areas of Lee County, and a second for the Village of Estero for invoiced amounts arising from the services and operations conducted within each boundary.

Franchise Fee. Franchisee must pay to Franchisor a non-refundable franchise fee of HK$80,000 per annum for the ▇▇▇▇▇ throughout the term of this Agreement. The fee is due and payable within 10 days from the date of signing this Agreement, and on an annual basis thereafter throughout the term of this Agreement, on or before the date which is annual anniversary date of signing this Agreement.