Examples of Franchise Fee in a sentence
By way of illustration, the following are example calculations of how the Franchise Fee and AB 939 Support Fee are calculated.
The Franchise Fee shall be paid annually in equal quarterly installments on July 30, October 30, January 30, and April 30 of each City fiscal year, with the first quarterly installment payment due hereunder on April 30, 2021.
The FRANCHISEE shall pay the COUNTY a Franchise Fee in the amount of 5 percent of the annual gross franchise revenues less disposal charges under this Agreement.
The Parties agree that the Franchise Fee, inclusive of any Extension Payments, is the product of bona fide arm’s-length negotiations between the Parties that took place over a period of more than twelve (12) months.
The Extension Payment shall be in addition to any payment to the City otherwise required of Contractor under this Agreement including any Franchise Fee or other fees due to the City under this Agreement.