Franchise Fees—Amount. The Company shall pay to the Franchising Authority franchise fees in an amount equal to five percent (5%) of Gross Revenues derived from the operation of the Cable System to provide Cable Services in the Franchise Area.
Franchise Fees—Amount. Grantee shall make payment to the Town a Franchise fee equal to five percent (5%) of the annual Gross Revenue actually received from the operation of Grantee’s Cable System to provide Cable Services within the Franchise Area: provided, however, the five percent (5%) fee shall not take effect until the first full monthly billing cycle following a period not to exceed forty-five (45) days from the Effective Date of this Franchise Agreement and Grantee shall not be compelled to pay any higher percentage of Franchise fees than any other cable operator providing service in the Franchise Area.
Franchise Fees—Amount. The supplier shall pay to the Franchising Authority franchise fees in the maximum amount permitted by applicable law, but in no event for any twelve (12) month period shall the franchise fee be less than an amount equal to five percent (5%) of gross revenue derived from the operation of the communications system to provide cable services.
Franchise Fees—Amount. The Utility shall pay to the City franchise fees in an amount equal to three percent (3%) of Gross Revenues, as defined herein, collected by the Utility for the first two (2) years from the Effective Date of this Agreement. Thereafter, for the next two (2) year term Utility shall pay The City an amount equal to four percent (4%) of the gross revenues collected by the Utility. For the remainder of this Agreement, Utility shall pay The City an amount equal to five percent (5%) of the gross revenues collected by Utility.
