Common use of Franchise Fee Clause in Contracts

Franchise Fee. ‌ As compensation for the use of Grantor's Rights-of-Way or Streets, Grantee shall pay as a Franchise Fee to Grantor, throughout the duration of this Franchise, an amount equal to five (5%) percent of Grantee's Gross Revenues associated with Grantee’s operation of its System in the Franchise Area. Accrual of such Franchise Fee shall commence as of the effective date of this Franchise. At such time as other franchised cable operator(s) are required to pay higher franchise fees, and upon written notification of such, Grantee shall notify its customers of a franchise fee increase and collect the higher amount and pay as a Franchise Fee to Grantor.‌

Franchise Fee. ‌ As compensation for the use of Grantor's Rights-of-Way or Streets, Grantee shall pay as a Franchise Fee to Grantor, throughout the duration of this Franchise, an amount equal to five (5%) percent of Grantee's Gross Revenues associated with GranteeXxxxxxx’s operation of its System in the Franchise Area. Accrual of such Franchise Fee shall commence as of the effective date of this Franchise. At such time as other franchised cable operator(s) are required to pay higher franchise fees, and upon written notification of such, Grantee shall notify its customers of a franchise fee increase and collect the higher amount and pay as a Franchise Fee to Grantor.‌

Franchise Fee. ‌ As compensation for the use of Grantor's Rights-of-Way or Streets, Grantee shall pay as a Franchise Fee to Grantor, throughout the duration of this Franchise, an amount equal to five (5%) percent of Grantee's Gross Revenues associated with Grantee’s operation of its System in the Franchise Area. Accrual of such Franchise Fee shall commence as of the effective date of this Franchise. At such time as other franchised cable operator(s) are required to pay higher franchise fees, and upon written notification of such, Grantee shall notify its customers of a franchise fee increase and collect the higher amount and pay as a Franchise Fee to Grantor.‌Grantor.

Franchise Fee. ‌ As compensation for the use of Grantor's Rights-of-Way or Streets, Grantee shall pay as a Franchise Fee to Grantor, throughout the duration of this Franchise, an amount equal to five (5%) percent of Grantee's Gross Revenues associated with GranteeXxxxxxx’s operation of its System in the Franchise Area. Accrual of such Franchise Fee shall commence as of the effective date of this Franchise. At such time as other franchised cable operator(s) are required to pay higher franchise fees, and upon written notification of such, Grantee shall notify its customers of a franchise fee increase and collect the higher amount and pay as a Franchise Fee to Grantor.‌Grantor.