Common use of ADVERTISING AND PUBLICITY BUDGET Clause in Contracts

ADVERTISING AND PUBLICITY BUDGET. (i) In the beginning of each financial year (which shall be deemed to run from April to March each year, unless otherwise specified by Principal in its sole discretion), the General Sales Agent shall allocate dedicated annual advertising and sales budget of [•]%of the ORC earned in the previous year for Air India.The said amount would be given to Principal through a credit note at the beginning of each financial year. In the first year, the advertising and sales budget shall be INR .

ADVERTISING AND PUBLICITY BUDGET. (i) In the beginning of each financial year (which shall be deemed to run from April to March each year, unless otherwise specified by Principal in its sole discretion), the General Sales Agent shall allocate dedicated annual advertising and sales budget of [•]%of •]% of the ORC earned in the previous year for Air India.. The said amount would be given to Principal through a credit note at the beginning of each financial year. In the first year, the advertising and sales budget shall be INR .

ADVERTISING AND PUBLICITY BUDGET. (i) In the beginning of each financial year (which shall be deemed to run from April to March each year, unless otherwise specified by Principal in its sole discretion), the General Sales Agent shall allocate dedicated annual advertising and sales budget of [•]%of •]% of the ORC earned in the previous year for Air India.The said amount would be given to Principal through a credit note at the beginning of each financial year. In the first year, the advertising and sales budget shall be INR .