Advertising Expenditure Sample Clauses

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.
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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.
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Advertising Expenditure. All advertising shall be the responsibility of the Master Licensee's licensees.
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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:
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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.
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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.
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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...
Sample 1
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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 =......................................
Sample 1

Related to Advertising Expenditure

  • XXXXXX’S EXPENDITURES If any action or proceeding is commenced that would materially affect Xxxxxx’s interest in the Collateral or if Borrower fails to comply with any provision of this Agreement or any Related Documents, including but not limited to Borrower’s failure to discharge or pay when due any amounts Borrower is required to discharge or pay under this Agreement or any Related Documents, Lender on Borrower’s behalf may (but shall not be obligated to) take any action that Lender deems appropriate, including but not limited to discharging or paying all taxes, liens, security interests, encumbrances and other claims, at any time levied or placed on any Collateral and paying all costs for insuring, maintaining and preserving any Collateral. All such expenditures incurred or paid by Lender for such purposes will then bear interest at the rate charged under the Note from the date incurred or paid by Lender to the date of repayment by Xxxxxxxx. All such expenses will become a part of the Indebtedness and, at Lender’s option, will (A) be payable on demand; (B) be added to the balance of the Note and be apportioned among and be payable with any installment payments to become due during either (1) the term of any applicable insurance policy; or (2) the remaining term of the Note; or (C) be treated as a balloon payment which will be due and payable at the Note’s maturity.

  • Expenditures The Assuming Institution will pay such bills and invoices on behalf of the Receiver and the Corporation as the Receiver or the Corporation may direct for the period beginning on the date of the Bank Closing Date and ending on Settlement Date. The Assuming Institution shall submit its requests for reimbursement of such expenditures pursuant to Article VIII of this Agreement.

  • Expenditure No Borrower shall incur any expenditure, except for expenditure reasonably incurred in the ordinary course of owning, operating, maintaining and repairing its Ship.

  • Capital Expenditure Make or incur any Capital Expenditure if, after giving effect thereto, the aggregate amount of all Capital Expenditures by Borrower in any fiscal year would exceed the amount set forth on the Schedule;

  • Eligible Expenditures 1. Subject to Article 8.7 of the Regulation, eligible expenditures of this Programme are: (a) management costs of the Programme Operator in accordance with the detailed budget in the financial plan; (b) payments to projects within this Programme in accordance with the Regulation, this programme agreement and the project contract. 2. Eligible expenditures of projects are those actually incurred by the Project Promoter or project partners, meet the criteria set in Article

  • Capital Expenditures The Issuer shall not make any expenditure (by long-term or operating lease or otherwise) for capital assets (either realty or personalty).

  • Eligible expenditure 6.1 Eligible expenditure consists of payments by the Recipient for the Purpose. Eligible expenditure is net of VAT recoverable by the Recipient from HM Revenue & Customs and gross of irrecoverable VAT. 6.2 The Recipient shall account for the Grant on an accruals basis. This requires the cost of goods or services to be recognised when the goods or services are received, rather than when they are paid for.

  • Excluded Expenditures The Recipient undertakes that the proceeds of the Financing shall not be used to finance Excluded Expenditures. If the Association determines at any time that an amount of the Financing was used to make a payment for an Excluded Expenditure, the Recipient shall, promptly upon notice from the Association, refund an amount equal to the amount of such payment to the Association. Amounts refunded to the Association upon such request shall be cancelled.

  • Budget Consulting Engineer/Architect shall advise City if, in its opinion, the amount budgeted for construction is not sufficient to adequately design and construct the improvement as requested.

  • AUTHORIZED EXPENDITURES Only expenditures which are detailed in the approved budget of the grant application, a revised budget, or an amended budget approved by the OAG are eligible for reimbursement with grant funds. Any requested modification to the budget must be submitted by the Provider in writing to the OAG and will require prior approval by the OAG. Budget modification approval is at the sole discretion of the OAG. Any grant funds reimbursed under this Agreement must be used in accordance with the rules implementing the provisions of VOCA, 34 U.S.C. § 20103, Crime Control and Law Enforcement, 28 C.F.R. §§94.101 through 94.122, the federal government-wide grant rules as set forth in the 2 C.F.R. § 200, and the U.S. Department of Justice, (DOJ), Office of Justice Programs, DOJ Grants Financial Guide, (Financial Guide), and any other regulations or guidelines currently or subsequently required by the U.S. Department of Justice and state or federal laws. Expenditures for the acquisition and maintenance of telephones and equipment will be proportional to the percentage of VOCA grant funded staff who utilize the telephones and equipment, as contemplated by this Agreement. Grant funds cannot be used as a revenue generating source and crime victims cannot be charged either directly or indirectly for services reimbursed with grant funds. Third party payers such as insurance companies, victim compensation, Medicare or Medicaid may not be billed for services provided by grant funded personnel to clients. Grant funds must be used to provide services to all crime victims, regardless of their financial resources or availability of insurance or third-party reimbursements. Travel expenses will be reimbursed with grant funds only in accordance with section 112.061, Florida Statutes. Expenditures of state financial assistance must be in compliance with all laws, rules and regulations applicable to expenditures of state funds, including, but not limited to, the Florida Reference Guide for State Expenditures. Only allowable costs resulting from obligations incurred during the term of this Agreement are eligible for reimbursement, and any balances of unobligated cash that have been advanced or paid that are not authorized to be retained for direct program costs in a subsequent period must be refunded to the OAG. Any funds paid in excess of the amount to which the Provider is entitled under the terms of this Agreement must be refunded to the OAG. The Provider will reimburse the OAG for all unauthorized expenditures and the Provider will not use grant funds for any expenditures made by the Provider prior to the execution of this Agreement or after the termination date of this Agreement. If the Provider is a unit of local or state government, the Provider must follow the written purchasing procedures of that governmental agency or unit. If the Provider is a non-profit organization, the Provider will obtain a minimum of three written quotes for all single item grant-related purchases equal to or in excess of $2,500 unless it is documented that the vendor is a sole source supplier. The Provider will use the lowest quote for the purchase.

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