Advertising Expenditure Clause Samples
Advertising Expenditure. During the term of the Agreement, Marketer shall be required during each calendar quarter to spend a minimum of $_________ ("Advertising Expenditure") to advertise and promote the offer and sale of franchises for PAK MAIL Centers in the Territory, in accordance with Section 13.9 of the Agreement, based on the following calculation:
A. 1990 Bureau of Census Population Estimate = _________ B. Adjustment to Population Estimate = _________ C. Current Population Within Territory (A+B =) _________ D. Price Per Person = $.001 ========= ADVERTISING EXPENDITURE (D x C =) ========= The Franchisor and the Marketer agree that the Advertising Expenditure will not be subject to change for any reason, including subsequent revisions of the Bureau of Census population estimates.
Advertising Expenditure. The Master Licensee agrees to spend A minimum of 10% of the previous month's NET GAMING REVENUE on advertising and promotional expenditures on any calendar month.
Advertising Expenditure. The Licensee agrees to spend a minimum of 4% of the previous month's NET GAMING REVENUE on advertising and promotional expenditures on any calendar month.
Advertising Expenditure. During the term of the Agreement, Marketer shall be required during each calendar quarter to spend a minimum of $_________ ("Advertising Expenditure") to advertise and promote the offer and sale of franchises for PAK MAIL Centers in the Territory, in accordance with Section 13.9 of the Agreement, based on the following calculation:
A. 2000 Bureau of Census Population Estimate =..............................
B. Adjustment to Population Estimate =......................................
Advertising Expenditure. Licensee agrees that, during each Annual Period, it shall spend at least the total amounts set forth below for direct media advertising of the Licensed Products, including model usage fees, but not including any cooperative advertising, trade shows, sampling, or any other promotional or sales material normally produced for the sale of the Licensed Products (the "Total Advertising Expenditure"). If in any Annual Period the Total Advertising Expenditure has not been made, then Licensee shall spend such amount for advertising within the first ninety (90) days of the subsequent Annual Period. If the Total Advertising Expenditure has not been expended by the end of said ninety (90) day period, then, unless Hilfiger shall agree in writing otherwise, the amount which should have been expended and which was not expended shall be paid over to Hilfiger to be used by Hilfiger for advertising the Trademark provided, however, that if Total Advertising Expenditure has not been made prior to the termination of this Agreement, the unexpended Total Advertising Expenditure shall, within twenty(20) days, be paid over to Hilfiger absolutely. Proof of expenditure shall be submitted each quarter using the Advertising Expenditure ___________________________ * This information, which has been filed separately with the Securities and Exchange Commission, has been omitted and is the subject of a request made to the Commission for confidential treatment. form (Exhibit M). Annual Period Advertising Expenditures (Yen) ------------- ------------------------------ ------------------------------------------------------------------------------- Wholesale Retail Total ------------------------------------------------------------------------------- * * * First 1/1/01 - 12/31/01 ------------------------------------------------------------------------------- * * * Second 1/1/02 - 12/31/02 ------------------------------------------------------------------------------- * * * Third 1/1/03 - 12/31/03 ------------------------------------------------------------------------------- * * * Fourth 1/1/04 - 12/31/04 ------------------------------------------------------------------------------- * * * Fifth 1/1/05 - 12/31/05 ------------------------------------------------------------------------------- In no event shall the Total Advertising Expenditures for any Annual Period be less than * percent of the Wholesale and Retail Minimum Sales Levels for such Annual Period as the same may be adjusted pursuan...
Advertising Expenditure. The IMPORTER undertakes to advertise the CONTRACT PRODUCTS and to carry out communication activities and public relations in accordance with the advertising and image requirements set forth by FERRARI The IMPORTER shall spend each year, a sum riot less than that which shall be determined from time to time.
Advertising Expenditure. All advertising shall be the responsibility of the Master Licensee's licensees.
Advertising Expenditure. The IMPORTER undertakes to carry out, in the TERRITORY, such advertising and sales promotion (including but not limited to advertising and promotional campaigns) as shall be adequate to the SALES PROGRAM. To this effect, the IMPORTER shall: