Deduction in Cash. For each trash receptacle requested by DOT the Company shall make a one-time deduction of $624 from the Cash Component of the Franchise Fee. Such deduction shall be made from the quarter payment in which such trash receptacle was installed. Additionally, (a) for each trash receptacle installed on or within a Bus Shelter the Company shall make a yearly deduction of $2160 (evenly divided among each quarterly payment following installation) from the Cash Component of the Franchise Fee and
Appears in 3 contracts
Sources: Franchise Agreement, Franchise Agreement, Franchise Agreement