Common use of Franchise Fee Clause in Contracts

Franchise Fee. As compensation for the benefits and privileges granted under this Franchise and in consideration of permission to use the Grantor's Rights-of-Way, Grantee shall continue to pay as a Franchise Fee to the Grantor, throughout the duration of and consistent with this Franchise, an amount equal to five percent (5%) of Grantee's Gross Revenues.

Appears in 3 contracts

Samples: export.amlegal.com, mccmeetingspublic.blob.core.usgovcloudapi.net, www.cherryhillsvillage.com

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Franchise Fee. As compensation for the benefits and privileges granted under this Franchise and in consideration of permission to use the Grantor's Rights-of-Way, Grantee shall continue to pay as a Franchise Fee to the Grantor, throughout the duration of and consistent with this Franchise, an amount equal to five percent (5%) of Grantee's Gross Revenues.

Appears in 1 contract

Samples: www.ci.tumwater.wa.us

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