Examples of Franchise Fee in a sentence
It is understood that with respect to any Franchise Fee increase imposed by City, Republic shall have the right at its sole discretion to increase Rates by such increased amount.
It should be noted that FPL Franchise Fee payment received in 2018 was$347,507 or 38% more than the Amended Budget.
With the receiving of approval letter you shall need to pay the 40% of the Franchise Fee and MoU Shall be sign up with you and to get licensing document (Agreement MoU & Accreditation Certificate) 100% is must.
Grantee shall include with the Franchise Fee payment a statement showing its collections of Gross Receipts from Gas Sales and Gross Receipts from Gas Transportation in the City, including the calculation of the Franchise Fee for the subject time period.
As full consideration for the rights and privileges conferred by this Ordinance, Grantee agrees to pay Grantor as follows: [1] Grantee shall collect the Franchise Fee from its Customers and shall pay Grantor a Franchise Fee the sum of which is equal to Five Percent (5%) of the Gross Receipts received by Grantee, per billing period, from the transportation and sale of natural gas for consumption within the municipal corporate limits of the City.