Common use of – PEG ACCESS SUPPORT Clause in Contracts

– PEG ACCESS SUPPORT. Upon written request of the Town to activate a PEG channel under Section 13.1.1 of the Franchise Agreement, ▇▇▇▇▇▇▇▇▇▇ agrees to meet with the Town to discuss the implementation of a fee to be paid to the Town as capital support for PEG access (the “PEG Fee”), provided, however, Franchisee shall not be required to pay a higher PEG Fee than any other wireline video provider in the Town. Payments of any PEG Fee agreed upon shall be made quarterly and shall be due forty-five (45) days after the close of each first, second and third calendar quarter (i.e., May 15, August 15, November 15) and sixty (60) days after the close of the calendar year (last day of February). Any PEG Fee shall be used by the Town exclusively for capital support of the Town’s PEG Channel. The Town acknowledges that Franchisee has the right under federal law to treat the PEG Fee as an external cost, and to pass that costs through to Subscribers. Within forty-five (45) days of the end of the fiscal year, the Town shall provide Franchisee with an annual report documenting any use of PEG Access Support during the previous year. In the event that such funds were used in contravention of the limitations herein, Franchisee’s PEG Access Support obligation going forward shall be reduced by an equivalent amount.

Appears in 2 contracts

Sources: Cable Franchise Agreement, Cable Franchise Agreement