Access payments definition
Examples of Access payments in a sentence
The parties agree that this Franchise shall provide City discretion to utilize Access payments for new internal network connections and enhancements to the City’s existing network.
This payment will be credited against future PEG Access payments as follows: Six Thousand, Six Hundred Sixty Six Dollars ($6,666) against the quarterly payment due on August 15, 2005, Six Thousand, Six Hundred Sixty Six Dollars ($6,666) against the quarterly payment due on November 15, 2005, Six Thousand, Six Hundred Sixty Seven Dollars ($6,667) against the quarterly payment due on February 15, 2006.
If the Licensee collects revenues from Medway Subscribers for said Person, then the Licensee shall collect said four percent (4%) PEG Access payment on the Gross Annual Revenues of said Person and shall pay said amounts to the Issuing Authority on behalf of the Access Corporation along with the Licensee's four percent (4%) PEG Access payments pursuant to Section 5.2(a) herein.
Such PEG Access payments shall be considered as part of the Licensee's franchise fee commitments and shall be included in the franchise fee for purposes of any applicable federal limitation on franchise fees.
This payment will be credited against future PEG Access payments as follows: Ten Thousand Dollars ($10,000) against the quarterly payment due on February 15, 2005 and Ten Thousand Dollars ($10,000) against the quarterly payment due on May 15, 2005.
If the Licensee collects revenues for said Person, then the Licensee shall collect said four and one quarter percent (4.25)payment on the Gross Annual Revenues of said Person and shall pay said amounts to the Issuing Authority or its designee(s) along with the Licensee's four and one quarter percent (4.25) PEG Access payments pursuant to Section 7.2(a) herein.
Such PEG Access payments shall be considered as part of the Licensee's Franchise Fee commitments and shall be included in the Franchise Fee for purposes of any applicable federal limitation on Franchise Fees.
Said annual PEG Access payments shall be used for, among other things, salary, operating and other related expenses connected with Medway PEG Access Programming and operations.
If Agent or Lenders should collect any amount from Borrower which, if it were interest, would result in the interest rate charged hereunder exceeding the maximum rate permitted by applicable law, such amount will be applied to reduce principal of the Obligations or, if no Obligations remain outstanding, will be refunded to Borrower.
In the event that the cash payments due under Section 1.3(a) are insufficient to pay all amounts due to Seller's creditors, Seller shall be solely responsible for payment of any amounts remaining due to such creditors.